WhitePaper of EMC
GithubEN/CN
  • From The Origin
  • Mission
  • Overview
  • Working Method and Topology
  • EMC Hub
  • RWA DeFi
  • EMC DAO
    • Introduction to EMC DAO
    • DAO Incentive Plan
    • Proposal Submission Guidelines
    • Voting Procedures
    • Security Council Charter
    • Treasury Management Policy
  • Utility Token of Computing Power
  • Tokenology of $EMC
    • Distribution of Tokens
    • Usage of Token
    • Acquisition of Tokens
    • Dual Deflation Model
  • Start
  • Roadmap
  • Partners of Ecosystem
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Utility Token of Computing Power

In the EMC network, $EMC token serves as a utility token based on Computing Power as the Basis of Value, which aims to promote the trading and use of computing resources and provide more convenient trading and usage methods for computing nodes and end-users.

In the computing marketplace, people who hold $EMC can use it to purchase computing resources, and computing nodes can accept $EMC as a payment method for transactions. This trading method reduces transaction costs and time, and improves the liquidity and utilization of computing resources.

In addition to serving as a medium of exchange, EMC can also be used to reward the contribution of idle computing power to the network, subsidize buyers of computing power, and incentivize developers to contribute to the ecosystem. Smart contracts can be used to automate the management of computing resources and rewards, ensuring fair allocation of resources.

In the EMC ecosystem, $EMC can be used in various application scenarios, such as decentralized AI applications, blockchain games, and blockchain storage. These application scenarios can use $EMC to achieve more flexible and efficient resource management and trading methods, thereby improving the efficiency and performance of blockchain applications.

More computing power leads to new applications, which in turn attract more users. The growth of users inevitably leads to an explosion in demand for computing power. The flywheel has quietly begun to turn, and change is already underway. EMC, as a digital asset based on computing power pricing, will become an important part of the digital economy.

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Last updated 1 year ago