$ZAP Token Utility

Monetise your work

Powering the Knowledge Ecosystem

The $ZAP token serves as the fuel of the ZAP AI Protocol, and powers the entire ecosystem of ZAP AI Protocol.

$ZAP is used in the following ways:

1. SFT Ownership:

Ownership Tokens: Knowledge Asset ownership is represented by ERC 3525 Semi-Fungible Tokens (SFTs) on the blockchain. These SFTs grant ownership and control to knowledge creators and token holders.

2. Transaction Currency / Accounting Unit:

Monetizing Data Assets: $KIPZAP tokens are used as a transaction currency within the ZAP AI Protocol ecosystem for use of AI apps and Knowledge Assets. Because $ZAP are used as a universal settlement mechanism, the internal flows also constitute a transparent record for users wishing to know which datasets have been used with which models, and for creators wishing to establish clear value metrics for their work.

3. Grants, Rewards and Engagement:

ZAP AI DAO Grants: $ZAP tokens are deployed via the ZAP AI DAO to fund new and innovative research projects, resulting in new Knowledge Assets. These financial incentives encourage the development of valuable Knowledge Bases to serve as hubs of commerce for the entire ZAP AI Protocol.
Community Engagement: Users and community members earn $ZAP tokens as incentives for actively participating in discussions, reviewing knowledge bases, and engaging with the ecosystem. These incentives promote ongoing user engagement and community building.

4. DAO Governance:

Decentralized Decision-Making: $ZAP token holders actively influence the direction of the ZAP AI Protocol through decentralized governance. They propose, debate, and vote on crucial decisions, grants, and protocol upgrades, ensuring that the community has a direct say in the evolution of the ZAP AI Protocol.

Project Allocation: $ZAP token holders may stake their tokens to gain allocation for projects on ZAP AI Starter. This engagement mechanism ensures that projects align with the community's interests and values.
Project Funding: $ZAP tokens are used to fund Knowledge Base projects with growth potential on ZAP AI Starter, providing creators with the resources to bring their visions to life.

6. ZAP AI X: Decentralized Exchange for Fractionalised Knowledge Assets:

Fractionalized Ownership Trading: $ZAP tokens facilitate the trading of fractionalized Knowledge Assets on ZAP AI X. This specialization opens up diverse investment opportunities, enhancing the liquidity of Knowledge Asset ownership.
Trading Fee Rebates: Users who stake $ZAP tokens on ZAP AI X gain trading fee rebates, providing them with added incentives to participate in the platform.

7. Community Building and Grants:

Community Building: $ZAP tokens are used to reward community builders and ambassadors who actively contribute to the growth and vibrancy of the ZAP AI community.
Grant Funding: Beyond ZAP AI DAO, dedicated grants funded by $ZAP tokens can support community-driven projects, educational initiatives, and events that align with our mission.

The $ZAP token is not merely a digital currency; it is the catalyst that empowers every participant to actively shape the future of decentralised AI.

Last updated 10 months ago