$TENEO Token

The $TENEO token will be the native token of the Teneo Protocol, playing a crucial role in the ecosystem. It serves as a primary component of the reward mechanism, incentivizing participants for their data contributions. Additionally, $TENEO is used to access Teneo’s real-time data services, making it an essential asset for users and businesses leveraging the platform.

• Ticker: $TENEO

• Unified Multi-Chain Token: The $TENEO token unifies transactional processes, enhancing interoperability and ease of use within the Teneo ecosystem. It serves as the backbone of the ecosystem, driving data monetization, access, staking, and node operations.

Tokenomics

Total Supply: 10 billion $TENEO

Teneo Token Allocation

Token Utility

• Rewards: Users get incentivized by executing jobs and fueling the ecosystem with data streams.

• Access to Data: Customers need $TENEO to access datasets, data streams and AI models, creating continuous demand.

• Staking: Users stake $TENEO to earn rewards and access premium features.

• Node Operations: Validator nodes stake $TENEO to participate in network validation and earn rewards, ensuring integrity and performance.

• Token Buybacks / Burn: A portion of Teneo’s revenue is used for token buybacks or burns to help maintain token value.