Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
HomeMarketsHEU

Heurist (HEU) Price

Heurist#541
x402
AI & Big Data
ZK
Layer 2
00.00%USD
*Data is for reference only
Circulating Market Cap (USD)--
Total Market Cap (USD)--
Circulating Supply189.83M
Issue Date2024-12-09
24H Volume (USD)--
Total Supply1.00B

HEU Info

1.Project introduction

Leveraging a high-throughput Layer 2 blockchain, Heurist creates a robust infrastructure and a diverse ecosystem that democratizes access to GPU compute, making it scalable,affordable, and universally accessible. At its core, Heurist focuses on serverless compute, offering a flexible and efficient solution that adapts to the dynamic needs of applications. The protocol’s elastic nature manifests in two key aspects: the ability to dynamically scale compute resources to meet fluctuating demand, and an adaptive token emission mechanism that responds to network activity. This dual elasticity ensures optimal resource utilization and economic stability. Heurist features alignment-centric economics (ACE), a novel approach that the team has developed to ensure the interests of all participants are aligned with the network’s long-term success. 

2.Team introduction

Founder - Jiewen Wang  

Jiewen Wang is the founder of Heurist. Previously, he was a software engineer at Amazon. He graduated from Peking University and the Georgia Institute of Technology.

Co-Founder - Tao He  

Tao He is the co-founder of Heurist. Previously, he was a software developer at Amazon. He graduated from Stony Brook University and Harbin Engineering University.

3.Token application and distribution

Token application:

HEU serves as the foundation of our decentralized AI infrastructure:

- GPU providers earn demand-based mining rewards that scale with their reliability, complemented by stake multipliers for consistent uptime and direct revenue share from compute fee.

- Developers pay with tokens to gain priority access to compute resources and new models, with opportunities to reduce fees through staking while seamlessly integrating with modern AI development frameworks.

- Token holders participate in protocol revenue sharing through staking, collect sequencer fees, and shape the network’s future through governance rights over critical upgrades.

Token distribution: 

The total supply of Heurist Tokens is 1,000,000,000 (One Billion). The token is distributed across several categories, each serving a specific purpose in the ecosystem’s development and growth. For a detailed breakdown and vesting schedules.

- Early Community (7%): Allocated for early members of Heurist community including testnet miners, Heurist Imaginaries NFT holders, and ecosystem grant recipients.

- Initial Liquidity (2.8%): Providing initial liquidity in centralized and decentralized exchanges.

- Marketing Reserve (2.5%): Dedicated to marketing efforts during and after token launch.

- Private Sale (6%): Allocated to angel investors and venture capital firms.

- Team and Advisors (15%): Reserved for the core team and advisors contributing to the project’s development.

- Protocol Treasury (16.7%): Funds set aside for the ongoing development and maintenance of the protocol.

- Emission (50%): The largest portion, reserved for protocol emissions for compute providers and other ecosystem participants.

FAQ

What time does HEU open?
Unlike the traditional stock market, Heurist (HEU) does not have specific "opening" or "closing" times, as it operates on a decentralized network and trades 24/7 all year round.

Commentary

Total comments: 0

No comments yet

Be the first one to comment