{"data":{"id":38775,"name":"COMMON","symbol":"COMMON","slug":"common","category":"token","description":"## What Is Common (COMMON)?\nCommon is an AI-native workspace where every community, project, and thread is tokenized—so 1.7 million users (across 40 k communities) and their AI agents can do deep research, trade, code on feature requests, and earn on every idea or bounty in one place.\n\n## COMMON is the native utility token used for:\n- Governance via veCOMMON, allowing holders to vote on resource allocation.\n- Incentives for participation in loops and other community activities.\n- Rewards to contributors, liquidity providers, and partners.\n- DAO-controlled funding of protocol development and operations.\n\n## Common tools include:\n- Loops – programmable markets for onchain and offchain actions.\n- Launchpad – ERC20 creation with integrated liquidity provisioning.\n- Governance Hub – veCOMMON governance portal.\n- Community Forums – discovery and coordination space for projects and users.\n- Ecosystem Integrations – connections with Uniswap and Farcaster.\n\n## How Many COMMON Tokens Are There in Circulation?\n\nCurrently no tokens in circulation. COMMON will launch with a genesis supply of 10 billion tokens. The protocol applies an inflation schedule that begins at 5% annually, declining to 2% in later years. Over seven years, this produces an estimated maximum supply of approximately 12.4 billion tokens.\n\nThe token distribution includes:\n- Community Retrodrop: 4.2% allocated to historical contributors and ecosystem participants.\n- Contributors and Team: Allocations subject to vesting.\n- Investors: Allocations from seed and Series A rounds.\n- Liquidity and Market Makers: Tokens reserved for exchange liquidity.\n- DAO Treasury and Ecosystem: Long-term funding managed by governance.\n- Inflation: Annual token issuance to support sustainability and participation.\nGenesis allocations vest according to predefined schedules, while inflation tokens are distributed through DAO mechanisms.\n\n## Who Are the Founders of Common?\nCommon was founded by Dillon Chen. The team previously built Commonwealth, a governance platform used by more than 300 projects representing approximately $18 billion in tokens. The transition from Commonwealth to the Common Protocol extends that experience into programmable community coordination.\nThe company behind Common is incorporated in Delaware, with protocol operations and governance designed to transition to a decentralized structure over time. The project has received funding from investors including Dragonfly and other digital asset firms.\n\n## Where Can I Buy Common ($COMMON)?\nCOMMON will be available for trading on centralized exchanges at launch and supported with liquidity on decentralized exchanges such as Uniswap. 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