1. Project introduction

Built for Tinkerers

Tari Tinkerers will be able to build never-before-seen applications using Tari building blocks.

By using combinations of templates to create custom rulesets quickly and easily, tinkerers will be able to unlock a new world of business possibilities while delivering stunningly beautiful user experiences.

Highly Useful

Tari has all the right ingredients to be the most useful protocol for digital assets on earth.

High performance, easy to integrate with, stable, well-documented, open-source, secure, and private by default.

First Principles Focused

Confidentiality is a prerequisite for useful applications.

No business wants everyone to know what every customer pays or who their best customers are. And no one wants every financial decision to be a scarlet letter. Through supporting meaningful confidentiality features, Tari will meet users where they are, keep them safe, and enable vast new use cases.

Community Driven

The Tari community is comprised of many types of amazing collaborators.

Imagine a broad spectrum of brilliant creators, builders, advocates, and philosophers all working towards a single goal: to build the most useful decentralized platform that empowers anyone to create digitally scarce things people love.

2. Team introduction

Naveen Jain - Contributor - LinkedIn Profile
Riccardo Spagni - Co-founder - LinkedIn Profile
Shradha Rao - Product Lead - LinkedIn Profile

3. Token application and distribution

Token application:

In the Tari Turbine Model, the only way to create XTR tokens is to burn XTM tokens on the Layer 1 and redeem the XTR 1:1 on the Ootle network. As a result, there is a one-way relationship between the two tokens. On the Ootle, a portion of the transaction fee is paid to validators, and a portion of the transaction fee is burned. This token-burning mechanism creates a powerful economic model where Tari miners can confidently secure the network forever, and at scale, the overall Tari token economy achieves circulating supply equilibrium.

Token distribution:

With 70% of the initial emission of XTM tokens going to miners, the other 30% pre-mine is broken into four categories:
Community - 5%
Protocol Infrastructure and Grants - 9%
Contributors - 4%
Participants - 12%