InterLink TokenPrice

(ITL)

InterLink Token (ITL) is part of the InterLink Web3 project, which aims to create a human-centric decentralized network combining artificial intelligence and blockchain technologies. The project's core mission is to onboard one billion real, verified users and establish a "Unified Digital Identity" called InterLink ID. The InterLink ecosystem operates with a dual-token system, featuring both the InterLink Token (ITL) and the InterLink Genesis Token (ITLG). The ITL token is primarily designed for institutional players, strategic partners, and long-term ecosystem governance. Its functions include requiring projects and companies to stake ITL to interact with InterLink's "Human Layer," which is a base of verified individuals. This staking ensures authenticity across network services. ITL also serves as a foundation reserve, aligning economic incentives and supporting strategic decisions within the InterLink Foundation, and allows holders to participate in high-level governance for policy and technology upgrades. A key aspect of InterLink is its "proof of personhood" mechanism, through which ITL tokens are issued. This system rewards verified individuals equally, regardless of their capital or computing power. The network's design is focused on being bot-resistant, using verified humans to mitigate issues like Sybil attacks and fraud. InterLink aims for scalable real-world applications, such as enabling micropayments, verified aid distribution, and providing ethical AI training data. The project utilizes biometric authentication for identity verification, ensuring that only verified humans can participate in network activities like mining, governance, and validation. The ITL token embodies institutional alignment and credibility within the InterLink ecosystem. While ITL focuses on the institutional and governance layer, the ITLG token serves as a utility and reward token for users, earned through active engagement and participation in the network. The InterLink project has received support from entities such as the University of Waterloo for scientific research. Learn more

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