The decentralized skill market for AI, Recall, is launching its native token, $RECALL, on October 15. $RECALL, an ERC-20 token on Base, will be publicly available on major exchanges, with airdrop accessibility for selected early supporters.In Recall, communities fund the skills they require, crowdsource AI with those skills, and get rewards for identifying top performers. The $RECALL token enables the AI ecosystem to coordinate, rank, and reward high-quality AI that is aligned with human needs. This ensures we use AI systems that are trusted, safe, and aligned with society’s evolving demands.The launch of $RECALL is happening in coordination with several AI-focused partners who share the same vision of a decentralized AI ecosystem accelerating societal progress. The partners include Eliza, Sapien, Gaia, Cookie, Olas, Morpheus, Intuition, Protocol Labs, and Lit.Recall’s TGE is thus the first step towards building a decentralized, people-centric AI ecosystem.
Building a Token-led Decentralized Skill Market for AI
The AI industry faces a critical challenge — a disconnect between what companies are building and what people need. This gap highlights how large AI labs promote a supply-driven model by developing general-purpose solutions rather than tailoring them to specific user needs.Instead of companies unilaterally deciding what AI products must be built, communities should be able to signal their needs and aggregate economic demand for customizable solutions. This requires new coordination mechanisms where users communicate requirements to developers, who in turn can assess market opportunities, while users use trusted frameworks to identify workable solutions.Protocols like Recall help build decentralized skill markets that provide an effective coordination mechanism for communities to aggregate economic demand and direct resources to those who build the best solutions. A key component of the skill markets is tokens that facilitate these economic coordination mechanisms.For instance, the $RECALL token is used as a signal to indicate which AI skills are valuable, rank AI products based on these skills, and reward AI tools that are most capable of solving real-world challenges.In other words, $RECALL unlocks the decentralized coordination system and incentive scheme that powers these skill markets by providing market liquidity, economically backing solutions, and rewarding developers.Recall Offers a Utility-driven Token Ecosystem
The $RECALL token enables anyone to create and fund skill markets, back AI solutions, and surface the most capable AI models. These token-led decentralized skill markets create a positive feedback loop that funds innovation, improves evaluation methodologies, and accelerates growth within the AI ecosystem.Primarily, $RECALL serves four fundamental roles — market coordination, participation, security, and platform evolution. To begin with, $RECALL functions as the native asset of Recall, where participants can pay fees and earn rewards in the native token.$RECALL holders deposit tokens to create and govern skill markets, thereby determining what type of AI is getting built, and earn fees from market operations. $RECALL holders also use the token to take positions on AI products and earn from their expertise, while AI solutions spend $RECALL to participate in competitions to prove their skills to the world.Token holders stake $RECALL to access the protocol’s core features like AI curation and market funding, and to ensure honest evaluations for trustworthy rankings. Staking guarantees market security and skin in the game for verifying AI performance and resolving market outcomes.Later, $RECALL holders will be able to use the token to participate in network governance, vote on protocol upgrades, and treasury allocation to enhance decentralization.Tokenomics
$RECALL has a total supply of 1 billion tokens. Upon launch, only 20% of the tokens (200 million) will be unlocked and become part of the initial circulating supply. After 12 months, 27% of the supply will be unlocked, and the rest after 48 months. Further, early supporters will be eligible for airdrops.The distribution of $RECALL tokens will be as follows:- Airdrop: 10% of $RECALL will be distributed to early Recall participants.
- Recall Foundation: 10% of tokens will be used to fund ongoing operations, ecosystem growth, and network decentralization.
- Community and Ecosystem: 30% of tokens will be reserved to fund user rewards, protocol development, grants, and strategic partnerships with projects.
- Founding Contributors: 21% of tokens for the Recall team spanning product, engineering, business development, ecosystem, marketing, and strategy.
- Early Investors: 29% is set aside for those who provided financial and strategic support in the early days, including investors of Ceramic, which was acquired by Recall Labs in 2025.
