# The KONE Token

## KONE Token Utility

KONE serves three primary functions:

* **Earn:** Users earn KONE by installing and maintaining Karrier One DePIN devices that provide network coverage, handle data traffic, and meet quality of service benchmarks.
* **Govern:** KONE acts as a governance token, enabling holders to participate in the Karrier DAO. Token holders can vote on proposals, stake tokens, or delegate their votes to trusted representatives.
* **Spend:** Within the Karrier ecosystem, KONE is used for network fees, device transactions, service payments, and potentially even for decentralized applications (dApps) built on top of the network.

This multi-functional use ensures KONE has both practical utility and intrinsic value within the Karrier One ecosystem.

***

## Token Allocation

**Total Supply:** 3,000,000,000 KONE

| Allocation                     | % of Supply | # of Tokens   | Vesting Details                |
| ------------------------------ | ----------- | ------------- | ------------------------------ |
| Device Rewards Pool            | 40%         | 1,200,000,000 | Distributed over 50 years      |
| Team                           | 15%         | 450,000,000   | 1-year lock + 36-month vesting |
| Governance & DAO Participation | 10%         | 300,000,000   | Distributed over 50 years      |
| Community Growth & Marketing   | 10%         | 300,000,000   | No lock                        |
| Reserve Fund                   | 7%          | 210,000,000   | No lock                        |
| Airdrop                        | 8%          | 240,000,000   | No lock                        |
| Seed                           | 5%          | 150,000,000   | 1-year lock + 36-month vesting |
| Advisors                       | 5%          | 150,000,000   | 1-year lock + 36-month vesting |


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