# Tokenomics

FAGOT is a <mark style="background-color:green;">**decentralized, open sourced, AI-powered blockchain transaction verification platform**</mark>

and $FAGOT is their governance token. Details will be published shortly.&#x20;

<figure><img src="https://852840034-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnGkNI04oJaBXsfRhOci1%2Fuploads%2FGksxwQcOYntGO82Sp5Ku%2Fimage.png?alt=media&#x26;token=9f0095f1-c463-4c2b-92ec-df4e58e3830e" alt=""><figcaption></figcaption></figure>