$ARCHIVE Token

Chainback's ecosystem is anchored by the $ARCHIVE token, a fundamental element that drives the platform's decentralized file sharing, cloud computing, and AI functionalities. This section of the whitepaper delves into the tokenomics, staking system, and the burning strategy of $ARCHIVE, highlighting its crucial role in the Chainback ecosystem.

Tokenomics

Total Supply: 1,000,000,000 $ARCHIVE tokens.

Tax Structure: A 4/4 tax distribution model, supporting marketing, development, buybacks and burns, and staking rewards.

The $ARCHIVE ERC20 token is more than just a cryptocurrency; it's a versatile tool that grants users access to Chainback's myriad of features and services. It offers flexibility and utility, making interactions within the Chainback platform more efficient and user-friendly.

Utility

• Decentralized File Storage: Use $ARCHIVE to empower your digital content using secure decentralized file sharing and providing exclusive access to limited wallet addresses, NFT or ERC20 token owners.

• Paid Content: Use $ARCHIVE to start selling your exclusive content for ETH, USDT or any other crypto on a decentralized secure file-sharing platform and get 90% of revenue.

• Cloud Computing: Use $ARCHIVE to pay for on-demand Cloud GPU, Chainback Cloud Computing credits billed by the hours. Get the latest NVIDIA GPUs at the best prices on the market using $ARCHIVE.

• Ecosystem Transactions: $ARCHIVE is used as a means of payment within the Chainback Ecosystem between Publishers, GPU Cloud Miners, Chainback File Storage, YANA AI, and the Chainback Cloud Platform.