Token Utility

What you can do with $XNY.

Summary

Codatta is a decentralized knowledge protocol, powering human-intelligence marketplace. $XNY acts as the network’s operating currency—enabling on-chain actions, staking-based trust, task launches, data/API access, and ownership trades—while contributor payouts can be made in a mix of payout options where XNY is the main reward currency, while also supporting stablecoins (e.g., USDT/USDC) and highly-liquid tokens (e.g., BTC/ETH).

Business model (how value flows)

Stream	Who Pays	What They Get	Denominated In	Where It Goes
Protocol gas & ops fees	Any participant	On‑chain provenance, finality	$XNY	Validators/ops + treasury (governance‑set split)
Task launch fees	Clients	Listing, routing, SLA options, dispute rails	$XNY	Marketplace ops + safety funds
Data/API access (metered)	Clients	Row/asset access, API rate tiers	$XNY	Treasury + service providers
Ownership & license trades	Clients	Transfer of rights; auto‑royalty hooks	$XNY	Royalty router + protocol fee
Priority & promotion	Clients	Fast‑lane routing; featured placement	$XNY	Treasury + incentive pools

Contributor payouts: Funded by Clients in $XNY, USDT/USDC, BTC/ETH and etc. Protocol auto‑splits to Providers/Validators/Backers per acceptance and royalty rules.

$XNY utilities

Utility	Who Uses It	Why It Matters
Gas for on-chain actions	Everyone	Records contribution fingerprints (CF), mint ownership and rights; support decntralization; prevent fraud attacks
Staking & slashing	Contributors (Providers/Validators/Backers)	Bootstraps trust; poor quality or fraud is penalized.
Task launch gating	Clients	$XNY required to open bounties/tasks and set SLAs.
Task promotion	Clients	Pay $XNY for acceleration and marketplace visibility.
Data/API access	Clients	$XNY required to unlock datasets, higher rate limits, and private sandboxes.
Ownership	Clients	$XNY used to mint/transfer rights; royalties auto‑route on reuse.
Governance & curation	Governacne voters	Cast voting; voting power tied to $XNY stake + reputation.

Roles at a Glance

• Providers: Boost reputation by staking $XNY to access premium tasks of data sourcing and/or labeling; earn multi-asset payouts; receive royalties from data re-use.
• Validators: Build reputation by staking $XNY to increase the credibility of validation decisions; earn validation fees and dispute rewards; risk slashing for inaccuracy or misconduct.
• Backers: Stake to underwrite contributor cohorts or datasets; share in creator earnings/royalties; face penalties if quality standards or SLAs aren’t met.
• Clients: Launch tasks, access data/APIs, and license or trade ownership; use $XNY for task launches, access, priority, and rights management.

Network Economics

• $XNY Demand Drivers: Every core network function (launch, access, ownership, priority, governance) requires $XNY.
• Flexible Settlement: Contributor earnings can be in stablecoins, majors, or partner tokens, lowering adoption friction.
• Value Anchoring: $XNY retains its core role as the access, trust, and rights currency of the ecosystem.

FAQ (concise)

1. Why use $XNY if payouts are multi‑asset? $XNY controls access, trust, rights, and governance. Multi‑asset payouts reduce buyer friction and meet cost‑management/compliance constraints (including stablecoin‑only settlement when required), while keeping $XNY as the network’s control and fee currency.

2. Can Clients pay entirely in stablecoins? Yes—for contributor rewards. $XNY is still required for launch, access, licensing, and disputes.

3. Who bears slashing risk? Contributors and disputing parties that post stake/bonds. Slashing enforces quality and honesty.

4. How do royalties work? When licensed data is reused (e.g., in model training), smart contracts distribute ongoing payouts to eligible Contributors and Backers.

5. Is this compliant for regulated Clients? Yes. Privacy proofs and compliance fees are paid in $XNY; audit logs and revocable licenses align with sector requirements.