Most web3 projects have excessively inflated market capitalizations, which can only be justified by rapidly ascending to the same level as Google and Microsoft in terms of user numbers.
With Robonomics, things are different - and better. As the network's architect, I've worked to develop its tokenomics in a sometimes austere but reliably protected manner: shielded from massive VC unlocks in the future, without emissions for unnecessary staking over years while developers are still in the early prototyping phase. Last year, we burned 7 million XRT to free the project from youthful promises and allow it to evolve in our hands.
Today, XRT's tokenomics featuring:
1/ All tokens in circulation, with no single large unlock amounting to 10% or even 5% of total supply on the horizon for the next year, two years, or even ten years. 100% circulation.
2/ XRT's tokenomics have been operating with mild deflation for the second year, demonstrating optimization in maintenance costs. In other words, without millions of users yet, the network doesn't spend millions of dollars just to stay operational.
3/ Robonomics employs no tricks to retain crypto holders and prevent sales at all costs - effectively avoiding emissions of new tokens for farming rewards and other incentives, which often backfire on everyone involved.
4/ We've deliberately limited the number of exchanges to prevent 90% of token trading from turning into arbitrage between platforms.
5/ We don't pay professional market makers, so all the trades you see are from real, live people participating based on their own interests in XRT.
6/ We need to update the network to activate bridges and eliminate XRT fragmentation across three subnetworks: Ethereum <> Kusama <> Polkadot. This isolation affects things like price differences on Kraken (where the Kusama parachain version is listed) versus the bulk of XRT tokenomics on Ethereum, where we launched back in 2017 and connected to Polkadot eco via Multichain. However, Polkadot bridges are functional, and we hope to upgrade soon to unify the tokenomics.
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Moving forward, it's all about end-user scenarios and we close to them! Keep an eye on our robotics and smart home scenarios as we publish them, and try them out yourself.
We often give the community access to cool robots - for example, we once connected a telescope in the desert so you could mint NFT postcards with space images captured after paying the telescope via a crypto wallet.
Yes, we create fun stuff like this every yea - join in! ๐ค
$XRT is free money imo. Looking for min 10x upside as the robotic sector grows, light years ahead of most of the projects listed tech wise.
Down 97% from highs, longest standing & most accomplished robotics project.
Took a position in $XRT
an open-source Robotics + DePIN network with actual working devices and humanoid robots.
- Fully doxxed PHD team
- Building since 2015-16
Token Utility:
- pay for robots and data services
- stake for governance
- Iot and depin subscription
honestly, this feels like the only legit DePAI project on ETH rn.
It could consolidate here short term, but mid to long term - when the DePAI season truly kicks in, I think this one will be a clear winner on Eth chain.
Today, $XRT's tokenomics featuring:
1/ All tokens in circulation, with no single large unlock amounting to 10% or even 5% of total supply on the horizon for the next year, two years, or even ten years. 100% circulation.
2/ XRT's tokenomics have been operating with mild deflation for the second year, demonstrating optimization in maintenance costs. In other words, without millions of users yet, the network doesn't spend millions of dollars just to stay operational.
3/ Robonomics employs no tricks to retain crypto holders and prevent sales at all costs - effectively avoiding emissions of new tokens for farming rewards and other incentives, which often backfire on everyone involved.
4/ We've deliberately limited the number of exchanges to prevent 90% of token trading from turning into arbitrage between platforms.
5/ We don't pay professional market makers, so all the trades you see are from real, live people participating based on their own interests in XRT.
6/ We need to update the network to activate bridges and eliminate XRT fragmentation across three subnetworks: Ethereum <> Kusama <> Polkadot. This isolation affects things like price differences on Kraken (where the Kusama parachain version is listed) versus the bulk of XRT tokenomics on Ethereum, where we launched back in 2017 and connected to Polkadot eco via Multichain. However, Polkadot bridges are functional, and we hope to upgrade robonomics up to XCM v4 soon to unify the tokenomics.
Find more: https://t.co/P6APcLrLly
@theblockcitizen $BSX @bsx_labs was one of the very first investments from Coinbase Ventures, right next to @avantisfi $AVNT
CTO of BSX is an ex-Coinbase engineer @0xkhoa
And if thereโs one thing we know, Coinbase strongly backs its alumni - just look at the recent support behind $EDGE
#DYOR
@medbdy @bsx_labs $BSX @bsx_labs was one of the very first investments from Coinbase Ventures, right next to @avantisfi $AVNT
CTO of BSX is an ex-Coinbase engineer @0xkhoa
And if thereโs one thing we know, Coinbase strongly backs its alumni - just look at the recent support behind $EDGE