AUG Token's Utility

The AUG token is the backbone of Augment's ecosystem, serving three crucial functions:

Economic Initiatives

Primarily, AUG serves as our instrument to harness the economic potential of the rapidly expanding AI market on-chain. By implementing an innovative buy-and-burn mechanism, the performance of AUG is directly linked to our business success - revenue generated from business partnerships within the Augment ecosystem will be converted into AUG tokens and subsequently burned.

Ecosystem Growth and Integration

Integration with Marketplaces: AUG tokens facilitate transactions within integrated marketplaces and partner platforms, expanding the utility and adoption of Augment's services across various industries requiring decentralized GPU cloud compute capabilities.

Economic Incentives and Rewards

• Platform Discounts: Users interacting with AUG tokens may receive discounts on platform fees and services, encouraging token usage and adoption.

• Network Growth: Augment incentivizes the growth of its network through strategic partnerships, developer grants, and community-driven initiatives funded by the AUG token ecosystem.