Economic Model
The primary currency for transactions on the platform, used by contributors and requesters for payments and rewards will be the DCAI (DataCrowd AI coin). In our ecosystem, requesters purchase data annotation services by paying in DCAI tokens, while contributors earn DCAI tokens by completing annotation tasks. The platform guarantees fair and transparent transactions via smart contracts.
DCAI not only functions as a payment and reward token, but also serves as a foundation element for the broader DataCrowd ecoysystem. It is designed to incentivize contributor participation and engagement without external venture capital influence, ensuring a community-driven approach to its development and sustainability.
Reward Mechanism
Contributor Rewards: Contributors earn token rewards based on task completion. Companies like Appen and Samasource could execute large-scale tasks on the DataCrowd platform to receive greater rewards.
Demand-Side Payments: AI companies such as OpenAI, Tesla, and Baidu Apollo pay to obtain the high-quality annotated data they need.
Token Economic Balance
To ensure the platform's long-term sustainability, DataCrowd's economic model incorporates mechanisms to adjust token inflation and scarcity. By dynamically adjusting task difficulty and rewards, it ensures contributors receive fair compensation while preventing token devaluation.
Core Components:
Token Economy
User Incentive Mechanism
Decentralized Autonomous Operation Model
Strategies to Incentivize User Participation
Platform Sustainability
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