Token Utility
$COAI is the native currency of the Console AI ecosystem, and the token is essential to our platform and how it works. Namely, the paid Console plan, allowing users to add more than 1 project in the platform, will be discounted for token holders, any revenue generated by our platform will be shared with holders, and functionalities yet to be introduced will first be shared with holders.
The first incentive we offer investors to hold the $COAI token is the revenue sharing model. As introduced in the previous chapters of this whitepaper, revenue generated by our ecosystem is fully redistributed to holders through a revenue sharing platform. Any income from purchased paid plans, as well as other paid functionalities to be introduced in the future, will be redistributed to $COAI holders in Ethereum. Periodically, at a timeframe which is dependent on volume and activity on our platform, this Ethereum is transfered to holders of our token, in proportion to an investor's holding in the token. This revenue sharing program creates a unique incentive to hold our token, effectively making holders owners in our project.
The second incentive, and reason to buy our token, is discounts on paid functionalities and beta access. As such, holders of $COAI pay less to use our product, and get 'alpha' insights into new functionalities through special beta access before public releases.
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