Tokenomics: The MFG Token

The ModelForge ecosystem is powered by its native identity and utility token, ModelForge (MFG). The MFG token is designed to facilitate governance, incentivize participation, and unlock premium features within the platform.

MFG Token Utility

• Platform Access & Payments – Use MFG to pay for model training, inference, and access to premium features on the ModelForge platform, often at a discount compared to other payment methods.
• Governance – MFG holders can participate in the ModelForge DAO to vote on key decisions, including roadmap development, new model integrations, and treasury management.
• Staking & Incentives – Stake MFG tokens to earn rewards from platform fees and contribute to the security and stability of the ecosystem.
• Marketplace Transactions – The MFG token will be the primary currency for buying and selling models and datasets on the upcoming ModelForge Marketplace.

Token Distribution (Illustrative)

The total supply of MFG tokens will be allocated across several key areas to ensure the long-term growth and decentralization of the platform.

• Ecosystem & Community Rewards: To incentivize user participation, content creation, and community growth.
• Platform Development: To fund ongoing research, development, and expansion of the ModelForge platform.
• Team & Advisors: To align the long term interests of the core team with the success of the project.
• Treasury: To provide resources for strategic partnerships, marketing, and future initiatives as directed by the DAO.
• Public & Private Sales: To raise initial capital for development and bootstrapping the ecosystem.

Note: A detailed breakdown of the token distribution percentages and vesting schedules will be released prior to the token generation event.