Ottochain Documentation
  • Welcome to OTTOCHAIN's Documentation
  • Abstract
  • Introduction
  • Value Proposition
  • Why Ottochain?
    • Interoperability and Security
    • Uniqueness
    • Developer-Friendly Ecosystem
    • Vibrant Community Ecosystem
    • Community-Driven Governance
    • Tokenomics and Incentives
  • Design Principles
    • Interoperability
    • Security and Resilience
    • Scalability and Performance
    • Developer-Friendly Ecosystem
    • Community-Driven Governance
    • User-Centric Experience
    • Sustainable and Transparent Economics
    • Continuous Innovation and Upgradability
  • How Ottochain Works
    • Consensus Mechanism
    • Interoperability with Octopus Network
    • EVM Compatibility and Cosmos Compatibility
    • Cross Chain Token Transfers
    • Decentralised Governance
    • Developer-Friendly Tools and Infrastructure
    • Tokenomics and Economic Incentives
  • Ottochain Technical Details
    • Overview
    • Features of Ottochain
    • Gas Fee Model
    • Testnet Technical Details
    • Mainnet Technical Details
  • Token and Economic Model
    • Token Distribution
  • What Makes Ottochain Unique
    • Octopus 2.0 Interchain Security
    • EVM Compatibility
    • Interoperability
    • Community-Driven Governance
    • Vibrant Community Ecosystem
    • Developer-Friendly Ecosystem
    • Continuous Innovation and Upgradability
  • User Stories and Sample Scenarios
    • Community Governance
    • Developer-Friendly Ecosystem
    • Cross-Chain Token Transfers
    • Decentralised Finance (DeFi)
    • Community Incentives and Rewards
    • Interoperable NFT Marketplace
    • Decentralised Identity Management
  • Team
  • Partners
  • Socials
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Token and Economic Model

PreviousMainnet Technical DetailsNextToken Distribution

Last updated 1 year ago

Token Name: Ottochain

Token Symbol: $OTTO

Token Supply: 1 Trillion

Token Distribution:

Token Utility: Currently primarily used for

  • transaction fees

  • participation in governance.

  • Incentives and Rewards within the ecosystem

  • Decentralised Applications (DApps): Developers can build decentralised applications on top of the community chain, where the native token serves as the utility token within these applications. The token can facilitate value exchange, access to services, or in-app governance mechanisms.

  • NFTs and Digital Assets: The token can be integrated with non-fungible token (NFT) platforms or used to represent ownership of digital assets within the community chain ecosystem. This allows for the creation, trading, and ownership of unique digital assets.

OTTO DISTRIBUTION