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First release · 04

What does the invoice say?

Shareholders should be able to read the invoice without translating a machine fee. The OCU is the unit used to write down how much computing a job takes. The client buys a defined amount, pays in the token, and part of that token is cancelled. The more real work there is, the more token is used under this rule.

  • Price unit
  • Token
  • Fee

How it works

One OCU stands for a sample job, concrete enough for a commercial team to quote. The figure for that sample job will be in the economic table before outside clients are approached. This page deliberately has no figure yet, because an early figure would be a promise that has not been approved.

The conversion rate on the trial network is a posted rate, so every invoice speaks the same language. It is not a commitment to hold the token's price. There is no programme to swap the token for machine hours in the first release.

Rewards for operators and for agents come from the fee that remains, after a part has been taken out of circulation. This structure will go into the shareholder papers before the network widens, together with the assumptions that still have to be tested.

What to remember

  • The price is tied to the work the client buys
  • The token has a clear use in collecting fees
  • No price level is being offered
A price finance can explain →

The order

  1. 01

    Define

    One sample job equals one price unit.

  2. 02

    Quote

    The client sees the computing before they see the token.

  3. 03

    Collect

    Convert into the token. A part leaves circulation, the rest is for rewards.