The MFG Token
The ModelForge ecosystem is built around its native utility token, ModelForge (MFG). This token is the key to unlocking the full power of the platform, designed to bring our community together, reward participation, and provide access to exclusive features. It’s more than just a currency; it’s the fuel for innovation and governance in our ecosystem.
Token Details
- Name: ModelForge
- Symbol: MFG
- Total Supply: 1,000,000,000 MFG
What Can You Do with MFG?
The MFG token has several important uses that make our platform work for everyone:
- Platform Access and PaymentsUse MFG to pay for model training, data processing, and other services on the platform. You’ll often find that using MFG for payments comes with a nice discount.
- Shape the Future with GovernanceMFG holders have a real voice. You can join the ModelForge DAO to vote on important decisions that shape our future, from roadmap updates to new features.
- Earn Rewards by StakingYou can stake your MFG tokens to help secure the network and earn rewards in return. It’s a way to support the ecosystem while benefiting from its growth.
- Power the MarketplaceThe MFG token will be the main currency for buying and selling AI models and datasets in our upcoming marketplace, making transactions smooth and simple.
Token Distribution
We’ve carefully planned the distribution of our one billion MFG tokens to support sustainable, long term growth and build a strong, decentralized community.
| Category | Allocation | Purpose |
|---|---|---|
| Ecosystem & Community | 35% | Incentivizing participation, rewarding creators, and funding community grants. |
| Platform Development | 25% | Funding ongoing R&D, infrastructure, and platform expansion. |
| Team & Advisors | 15% | Aligning the core team's long term success with the project. |
| Treasury & Operations | 15% | Resources for strategic partnerships, marketing, and DAO directed initiatives. |
| Public & Private Sale | 10% | To raise initial capital and bootstrap the ecosystem. |
Note: Detailed vesting schedules and specific lock up periods for each allocation will be shared before our token generation event.