What is Recall (RECALL)? Function, Tokenomics, and Price

Recall (RECALL), a project that combines blockchain technology with artificial intelligence (AI), as well as taking the concept of a community-based skills market to a new level.

This article will discuss what Recall (RECALL) is, how it works, its tokenomics, and its latest price analysis. Read on to learn more!

What is Recall (RECALL)?

Recall (RECALL) is a decentralized AI skills marketplace which enables the community to fund, rate, and discover the AI ​​solutions most relevant to their needs.

The main goal of Recall is to create transparent and verifiable reputation infrastructure for AI agent economics through economic coordination and performance-based evaluation.

In other words, Recall is not just a place to find AI services, but also an ecosystem where AI reputation and reliability are publicly verified using blockchain.

This helps address the trust issue in the world of AI, where model results and performance are often difficult to measure objectively.

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Functions and Uses of RECALL Tokens

RECALL token plays a vital role in the entire Recall ecosystem. It's not just a digital asset, but also an economic coordination tool for participants in the AI ​​skills market.

1. Native Asset: Participants pay fees and receive rewards in the form of RECALL tokens. This creates a healthy economic cycle within the Recall ecosystem.

2. Stake to Participate: To be able to access key features such asAI curation And market funding, users need to staking RECALL. By staking, they also participate in the evaluation and selection process of AI projects submitted by the community.

3. Market Security: Staking RECALL is also used to ensure fair assessments and prevent ranking manipulation. This makes AI evaluation results more reliable.

4. Network Governance: In the long term, RECALL token holders will play a vital role in the governance and decentralization of the network, including in strategic decision-making related to ecosystem development.

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Tokenomics of Recall (RECALL)

Based on RECALL tokenomics data, token distribution is carried out in a planned manner to support ecosystem growth and provide balanced incentives for all parties involved.

Following are the details of the RECALL token distribution:

This structure indicates that the majority of tokens are allocated to ecosystem development and early investor support, while a smaller portion is reserved for liquidity and exchange activity.

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RECALL Price Today

Contract Address: 0x1f16e03c1a5908818f47f6ee7bb16690b40d0671

Based on the last 24 hours price chart, the recall price shows a solid upward trend. Prices have increased from $0.4345 to $0.52, indicating a fairly strong bullish momentum.

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AanalysisRECALL Price

From a technical perspective, here is the RECALL price analysis that you need to pay attention to:

- Price managed to break through several intraday resistance levels.

- Trading volume is gradually increasing, indicating stable buying interest.

- If this trend persists, RECALL has the potential to target the next psychological area around$0.55-$0.60.

This increase in RECALL's price can also be attributed to the increasing interest in AI projects focused on transparency and reputation, two aspects that are the main advantages of this project.

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Conclusion

Recall (RECALL) is an interesting project because it combines two big trends, AI and blockchain, in one decentralized ecosystem.

With its transparent, reputation-based AI skills marketplace model, Recall has the potential to become a critical infrastructure in the future digital economy.

From a token perspective, RECALL serves a dual purpose as a coordination and governance tool, while from a price perspective, the ongoing bullish momentum demonstrates market confidence in the project.

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FAQ 

What is the main function of the RECALL token?

RECALL tokens are used for staking, fee payments, and participation in governance and evaluation of the AI ​​skills market.

Who can use the Recall platform?

Any community or individual looking to discover, fund, or assess AI solutions can use Recall.

Is RECALL a decentralized AI project?

Yes, Recall combines blockchain and AI to create a transparent and decentralized skills marketplace.

How to get RECALL token?

You can get RECALL through supported exchanges or through airdrop and staking programs in the Recall ecosystem.

Will RECALL prices continue to rise?

Token prices depend on market demand, project development, and general crypto market conditions. However, the current short-term trend indicates positive upside potential.