FAQ

General Questions

Where will the sale take place?

The sale will take place through Ringfence Foundation. SeeData Agent Guide

How many Data Agents will be available?

The Data Agent sale will be limited to 50,000.

How many tiers are there?

There will be multiple tiers, with the first tier of Data Agents priced at $350.

What is the Whitelist?

The whitelist grants early access to the Data Agent sale, providing priority purchase opportunities.

How can I join the whitelist?

Join by connecting your wallet and registering on the official Ringfence website.

What will I get by purchasing a Data Agent?

By purchasing a Data Agent, you gain the right to own and operate it within the Ringfence Protocol.

This grants you eligibility for daily Ringfence token rewards and airdrop points towards the Ringfence airdrop.

Data Agent owners play a key role in the Ringfence ecosystem and in the future of decentralized AI.

What is the payment method?

Payment is possible with any EVM-compatible wallet.

When will I be able to run my Data Agent?

Data Agents will be operational starting on the mainnet launch date. They’ll be operated fully through our deployment partner, or you can host through Ringfence itself, coming soon.

How many Data Agents can each user purchase?

There is no limit on the number of Data Agents a single user can purchase. However, availability may be limited depending on demand during each season of the sale.

How will the license be distributed?

Once purchased, each Data Agent license will be tied to your account on Ringfence. You will be able to manage your Data Agents through the Ringfence dashboard, including activation, monitoring, and rewards tracking.

What are the rewards and incentives for operating a Data Agent?

Data Agents are the grunts of the Ringfence Protocol. They stream daily protocol rewards paid in native tokens.

Is there any vesting period for rewards?

No, there is no vesting period for Data Agent rewards. Earnings are distributed in real-time, based on performance, as of TGE. Prior to TGE, Data Agent owners will earn points towards the Ringfence airdrop.

Technical and Operational Questions

Do I need technical skills to run a Data Agent?

Nope! Running a data agent is as simple as can be, operated fully through our deployment partner. While basic technical understanding may be beneficial, no specialized knowledge is required.

If you prefer to run and operate a Data Agent independently, we’ll provide a detailed setup guide closer to TGE. Minimum requirements include 4GB RAM, and a dual core CPU.

What is the role of Data Agents in the Ringfence Protocol?

Data Agents play a critical role in the Ringfence Protocol, where they validate, process, and manage user data.

They ensure data quality and compliance, contributing to a user-owned AI ecosystem by making data monetization possible for contributors.

How is data processed, and how often are rewards distributed?

Data Agents process a new block of data every 60 minutes.

Rewards are distributed as soon as data is validated and moved to the Lakehouse for monetization, with rewards tied to each data block.

Future Opportunities

What are the future growth plans for Data Agent Owners?

Ringfence is committed to expanding the Data Agent network, with plans to integrate additional features, partnerships, and marketplace opportunities. Data Agent Owners will be at the forefront of these developments, benefiting from ongoing rewards and increased protocol engagement.