Blog

$PRIMECHAT Tokenomics

March 24, 2025

The Foundation: Real Product, Real Utility

Unlike many Web3 projects, Prime Chat started with a product first approach. Our AI-powered chatbot platform has been operating successfully for over 2 years with a growing base of paying customers. We integrate with multiple leading Large Language Models including OpenAI's ChatGPT and Anthropic's Claude to deliver exceptional conversational experiences.

Token Purpose & Utility

The $PRIMECHAT token is designed to create a sustainable ecosystem that rewards users, drives platform growth, and builds long-term value. Here's how our token integrates with our established business:

Upcoming User Benefits

  • Discounted Subscriptions: Pay for any Prime Chat subscription plan using $PRIMECHAT tokens at a 15% discount compared to fiat pricing
  • Premium Template Access: Unlock exclusive industry-specific templates only available to token holders
  • Feature Unlocks: Access advanced features including custom AI fine-tuning and specialized integrations
  • API Priority: Token holders receive priority API access with higher rate limits

Staking Mechanisms

  • Liquidity Mining: Contribute to liquidity pools and earn a share of the trading fees.
    Join our liquidity pools at Raydium

Governance & Community

  • Feature Voting: Token holders will be able to vote on upcoming feature development priorities
  • Integration Selection: Help decide which new platforms and services we integrate with next
  • Community Challenges: Participate in community-driven development challenges with token rewards

Deflationary Mechanisms

We are implementing several mechanisms to ensure $PRIMECHAT maintains value and becomes increasingly scarce over time:

  • Usage Burning: 2% of all tokens used for purchases on the platform are automatically burned
  • Monthly Buyback: 5% of all fiat subscription revenue is allocated to token buybacks and burns
  • Supply Locking: 1 million tokens already locked for 6 months, with additional strategic locks planned
  • Burn Events: Regular community-voted burn events to reduce circulating supply (210 Million already burned)

Token Distribution

  • Total Supply: 1,000,000,000 $PRIMECHAT
  • Circulating Supply: 790,000,000 $PRIMECHAT
  • PumpSwap Burned: 200,000,000 $PRIMECHAT (Liquidity Pool)
  • Burned: 10,000,000 $PRIMECHAT (and growing!)
  • Locked: 1,000,000 $PRIMECHAT (6-month lock via Streamflow)
  • Team & Development: 20,000,000 $PRIMECHAT (In Low Fees Raydium Liquidity Pools)
  • Marketing & Partnerships: TBC

The Path Forward

As Prime Chat continues to grow its user base and expand its AI chatbot offerings, the $PRIMECHAT token will play an increasingly important role in our ecosystem. By tying token value directly to platform usage and real utility, we're creating sustainable tokenomics that benefit both short and long-term holders.

Our commitment to regular burns, buybacks, and utility expansion ensures that $PRIMECHAT is not just another token, but a fundamental component of our business model and future growth.

Join the Revolution

The future of customer engagement is conversational AI, and Prime Chat is leading the way with a battle-tested product and a token that combines real utility with deflationary mechanisms. Whether you're a business owner looking to leverage our technology or an investor seeking projects with genuine utility, Prime Chat offers something truly valuable.

Note: Tokenomics details are subject to community governance and may evolve as the platform grows. All changes will be communicated transparently and put to community vote.

Get with PrimeChat

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