Why this model?
The PrimeInsights tokenomics model provides a number of positive externalities for both the DLP stakeholders and the broader Vana network, including:
Leverages existing $VANA tokenomics additional tokens or liquidity pools to provide incentives for data contribution and governance
Links data usage to price accretion on $VANA by requiring Data Users to buy and lock $VANA to access the API
Fosters free market price discovery for data by allowing Data Users to weight specific data subsets higher, encouraging the market driven curation of the data set
Can scale to include Web2 revenues in stablecoins through the escrow contract allowing for additional revenues sources for data contributors
Provides simplified access for Web2 actors by only requiring them to buy and stake $VANA, which can be easily abstracted on the UI
Provides alignment between Data Contributors (Supply-side) and the Data Users (Demand-side) with clear incentive structures that do not conflict
Can provide a model for future DLPs allowing for a unified access to the data for data users without requiring bespoke tokenomics for each
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