PANews reported on January 10 that Artela Network, a L1 network for fully on-chain AI agents, released its token economic model, which aims to support large-scale applications of on-chain AI agents. As Artela's native asset, ART tokens undertake core functions such as staking, paying gas fees, governance rights, and ecological liquidity, becoming the key to network security, governance, and economic operation.
The ART token adopts an inflation model with an initial annual inflation rate of 8%, which decreases by 1% each year, eventually reaching a long-term issuance rate of 0%, ensuring that supply growth is controllable and supporting long-term value stability.
The total supply of ART is 1 billion, with 62% going to the community (4.5% for airdrops, 28.5% for network staking, 23% for ecosystem development, etc.), 15% for the team, 18% for investors, and 5% for early contributors. The tokens will be gradually released according to a clear unlocking plan to support the sustainable development of the ecosystem.
According to previous news, blockchain infrastructure startup Artela has completed a $6 million seed round financing, led by Shima Capital.