Web3 cloud computing platform 4EVERLAND announced its token economic model. The total amount of $4EVER tokens is 10 billion, of which 70% will be used to support node rewards, community development and operation, and user incentives to promote the prosperity and development of the decentralized cloud computing ecosystem.
The specific distribution ratio is: 40% node rewards, 15% community funds, 10% operating funds, 5% user rewards, and the rest includes 15% token sales, 12% core team and consultants, and 3% initial liquidity and market making funds. All tokens will be gradually unlocked in the next 8 years.
It is reported that 4EVERLAND has opened the airdrop binding entrance, and 5% of the tokens will be allocated to early contributors and community users.
4EVERLAND adopts a dual-token economic model, with $LAND and $4EVER as functional tokens and governance tokens respectively, jointly driving the long-term growth and sustainable development of the platform. Among them, $LAND, as a stable currency, is mainly used to pay for the use of storage, network and computing resources to avoid price fluctuations affecting user experience. As a governance token, $4EVER supports platform decision-making voting, feature proposals, resource pledge, and reward distribution. In addition, related assets in platform economic activities will be repurchased as $4EVER to enhance its value capture capabilities and enhance the efficiency of capital circulation within the Internet ecosystem.
As a leading builder of Web3 infrastructure, 4EVERLAND has been deeply involved in the DePIN + AI track, providing developers with cloud computing capabilities that seamlessly connect Web2 and Web3. It has currently attracted more than 250,000 developers and well-known application projects to choose its services, including Snapshot, Hey.xyz, Linear, etc.