🔁Distribution and Vesting
Last updated
Last updated
$SYNC is the native utility token that powers our DePIN Network. Meticulously designed over several months with the support of industry experts, it is engineered to capture value from Web3’s key liquidity zones, fuel node operations, reward delegators, and sustain a self-reinforcing economy.
This document outlines our distribution model, providing insight into the strategic allocation of our token supply.
Transparency is an essential pillar of trust and credibility and SyncAI is committed to ensuring that we provide users and community members with accurate, up-to-date information as it relates to $SYNC token allocations.
We have minted ADA Handles to allocate multiple $SYNC wallets for specific purposes, aligned with our public Tokenomics framework.
$ecosystem.sync
$team.sync
$develop.sync
$marketing.sync
$rewards.sync
This initiative will enable public access to real-time, on-chain tracking of team-led $SYNC token movements.
The total supply of 1,000,000,000 $SYNC tokens is allocated to various segments which are designed to ensure sustainability, incentivize early participation and to foster a robust community environment.
Allocation: 40%
Tokens: 400,000,000 $SYNC
Cliff Period: 6 Months
Unlock on TGE: 10%
This section will be updated closer to the planned product launch in Q1, 2025.
This allocation is dedicated to creating robust economic incentives for Sync network participants who contribute to the protocol's stability, security, and growth. By allocating a significant portion to node operators, stakers, and community incentives, we ensure active participation and long-term commitment.
How does the network generate revenue?
Please refer to the embedded section below for a detailed breakdown of Token Utility, Revenue Models, and the Network Economy.
The SyncAI Network is built on a DePIN (Decentralized Physical Infrastructure Network) framework, supported by distributed nodes that manage three core functions:
Validation and Consensus: To ensure data integrity across the network, we have robust mechanisms for validation and consensus. These processes authenticate notifications, confirm correct delivery, and prevent tampering, promoting both transparency and trust in message origins.
Computation and Processing: SyncAI prioritizes data privacy. Sensitive computations are protected through zero-knowledge proofs and multi-party computation, keeping data secure even from the nodes performing the processing. Provable AI inference adds an additional layer of reliability, allowing computational integrity without revealing private data.
Storage: Reliable storage is essential for SyncAI to maintain a record of all operational data, ensuring transparency and continuity for all network interactions.
For optimized deployment, SyncAI offers a two-tier node system:
Light Nodes: Designed to work with Intel or AMD x86 processors and a minimum of 8GB RAM, these nodes handle validation and relay functions, supporting the network’s integrity.
Full Nodes: These nodes, compatible with IAGON Cyclone specifications, it offers a complete set of validation and computing modules to support AI use cases, manage cross-chain interactions, and ensure secure data storage to enable SyncAI Network activities.
Staking is a distinct component where token holders can lock up $SYNC tokens to support network security and earn rewards, promoting long-term engagement and network stability.
Learn more about Node Operations and Staking in the embedded section here.
Community incentives will include a suite of well-designed programs to onboard a large user base into the Sync ecosystem, such as referrals, XP points, ambassador initiatives, and community bounties. These programs will be announced soon during the mainnet launch planned for Q1, 2025.
Developer Incentives: In addition to node operations, we are introducing a dedicated incentive program for developers who build on the Sync platform. This program will take SAFT positions for innovation and development efforts on top of Sync Network, encouraging the creation of high-quality dApps and tools to grow the ecosystem.
Tokens will be released gradually through staking rewards, node operation incentives, and community programs, ensuring a steady distribution that aligns with the network's growth.
Allocation: 1.50%
Tokens: 15,000,000 $SYNC
Cliff Period: None
Vesting Schedule: Over 12 Months
This allocation rewards early participants in the Incentivized Testnet (ITN) and X LSPO (TBA).
Since its launch on August 7th, the ITN has achieved significant milestones, with over 1,400+ unique network participants completing more than 34,000+ tasks. These early adopters are crucial in creating a strong network effect, as their collective activity helps to stress-test the network's initial features in testnet environment, security, and performance under real-world conditions.
Recognizing their contributions not only refines the platform ahead of the mainnet launch but also accelerates the development of a vibrant ecosystem. This early momentum is essential for achieving critical mass adoption, ensuring that the network can sustain and grow its user base effectively.
Allocation: 5.50%
Tokens: 55,000,000 $SYNC
Cliff Period: 12 months
Vesting Schedule: Linear vesting over 36 months after the cliff
Our team allocation structure is designed to keep core contributors aligned with the project’s long-term goals. We’ve kept it modest to support balanced growth and foster a sustainable ecosystem that aligns our interests with the community.
Allocation: 9.00%
Tokens: 90,000,000 $SYNC
Cliff Period: None
Vesting Schedule: Linear vesting over 48 months
The primary purpose of this allocation is to ensure that every possible avenue is explored for the success of the project. This fund allows us to attract and retain top talent, invest in research and development, and swiftly adapt to technological advancements and market changes. It is dedicated to supporting the ongoing development of the Sync network with the utmost care and economic consideration, ensuring continuous innovation and enhancement as needed. Importantly, this fund is not intended for the initial development of the protocol, but rather for ensuring the project's long-term growth, competitiveness, and ability to deliver ongoing value to the community.
Allocation: 3.00%
Tokens: 30,000,000 $SYNC
Cliff Period: 6 months
Vesting Schedule: Linear vesting over 24 months after the cliff
This allocation is crucial for engaging experienced advisors whose expertise will enhance our strategic direction, secure key partnerships, and navigate industry complexities, directly contributing to the network's growth and credibility.
The marketing allocation is essential for driving user acquisition, building brand awareness, and fostering community growth—all critical for network adoption in a DePIN project. Effective marketing ensures our innovative product reaches its target audience and achieves the adoption needed for long-term success. As we expand massively cross-chain, tapping into high-liquidity zones across Web3, a robust marketing strategy will be crucial. By investing in advisory and marketing efforts, we position our project to excel both technically and in market presence, securing the visibility and community support necessary for sustained growth and impact.
Allocation: 36%
Tokens: 360,000,000 $SYNC
The token sale will support the project’s early development, operations, and team expansion. We’ve allocated 36% of the total supply to the pre-sale, allowing us to raise capital in exchange for ADA and distribute $SYNC to a broad base of the community.
Additionally, 10% of the raised ADA is allocated to our incubation program, which invests in startups building on the Sync Network, particularly in developer-centric countries within the APAC region. By providing minimum check sizes of $15-20k, we support innovative projects that contribute to the growth and diversification of our platform.
This dual strategy of fundraising and ecosystem investment strengthens our financial foundation, attracts top-tier talent, and drives the creation of diverse applications and services on the Sync Network. Through these efforts, we aim to accelerate network adoption, enhance network effects, and ensure the long-term sustainability and success of our Network.
Allocation: 5.00%
Tokens: 50,000,000 $SYNC
Liquidity allocation ensures sufficient tokens are available on exchanges to facilitate trading and reduce price volatility. This is crucial for a healthy market and provides accessibility for new participants.
Read more about the liquidity strategy in the next section, prepared in detail by a committee of experts.
Category
Allocation
Unlock at TGE
Cliff Period
Vesting Schedule
Ecosystem & Community
40.00%
10%
6 Months
A gradual, algorithmic release via staking, node operations, and community programs, starting with an initial 10% unlocked at TGE to kickstart staking into Sync Private Node Vaults in the months ahead.
Rewards
1.50%
0%
1 Month
Vesting over 12 months
Team
5.50%
0%
12 Months
Linear vesting over 36 months post-cliff
Development
9.00%
0%
None
Linear vesting over 48 months
Advisory, committee and Marketing
3.00%
0%
6 Months
Linear vesting over 24 months post-cliff
Sale
36.00%
100%
N/A
Tokens returned in the case of not reaching a max raise will be temporarily allocated into liquidity in order to explore liquidity partnerships and optimize pool depth within and outside the Cardano ecosystem.
Liquidity
5.00%
100%
N/A
N/A
