The only asset AI can't print.
Everything people wrote, coded, drew and recorded before 30 November 2022 is now a closed supply. AI can copy it, but it can never make more of it. STEEL proves which data is from before the cutoff, locks it in a vault on Solana, and licenses it to the AI labs that need clean training data.
- Supply, fixed forever
- 1,000,000,000
- Presale or private round
- None
- Founder tokens
- Locked
- Launch liquidity
- Burned
Science solved this problem once already.
After the first nuclear tests in 1945, every new batch of steel carried traces of fallout. Instruments that measure radiation can't use it, so labs still salvage steel from ships that sank before the tests. It's called low-background steel.
Data has hit the same wall. Since ChatGPT went public, new writing and images on the web can't be assumed human, and models trained on machine output get worse. Human data from before the cutoff is the clean supply, and nobody is pricing it yet.
“Indiscriminate use of model-generated content in training causes irreversible defects in the resulting models.”
From an old hard drive to a licensed ingot.
A verified dataset is called an ingot. Each one passes four stages, all enforced by the vault program.
Submit
A contributor registers the dataset's fingerprint and creation date, and puts up a 20,000 STEEL bond.
Attest
Three validators, each staking at least 250,000 STEEL, check the evidence and sign for it.
Challenge
For 7 days anyone can dispute it. A proven fake costs every validator who signed 30% of their stake.
License
AI labs pay USDC for a year of access. 60% goes straight to the contributor.
1,000,000,000 STEEL. Never one more.
At launch, 75% of supply is in the market and the other 25% is locked on a schedule nobody can change.
| Share | Tokens | Who holds it | Terms |
|---|---|---|---|
| Public sale 60% | 600,000,000 | Buyers | Sold on the launch curve. Everyone pays the same price at the same point on the curve. |
| Launch liquidity 15% | 150,000,000 | Trading pool | Paired with the SOL buyers put in when the sale completes. The liquidity tokens are burned, so nobody can pull it. |
| Founder 10% | 100,000,000 | Founder (published wallet) | LockedNothing for 6 months, then released monthly over 12. The lock can't be cancelled. |
| Protocol reserve 15% | 150,000,000 | Multisig | LockedNothing for 4 months, then released monthly over 24. 100M funds contributor and validator rewards, 50M the treasury. |
What the token does
Rewards halve every 2,000 ingots
Half of all rewards go to the first 2,000 verified datasets, so the earliest contributors earn the most. Total rewards can never pass 100,000,000 STEEL.
Don't trust us. Check it.
Every claim below is public on the Solana blockchain. Anyone can verify it on an explorer such as Solscan.
Supply can't grow
At launchThe mint authority is revoked when the token is created. No more STEEL can ever be made.
Nobody can freeze your tokens
At launchThere is no freeze authority on the token.
No presale, no insiders
At launchNo private round, no whitelist. Everyone buys from the same curve.
Founder 10% is locked
At launchNothing for 6 months, then monthly over 12, in a vesting lock that can't be cancelled. The wallet is published.
Reserve 15% is locked
At launchHeld by a multisig on a fixed schedule that can't be cancelled.
Liquidity can't be pulled
When the sale completesThe pool's liquidity tokens are burned the moment trading opens.
The vault is audited first
Before it holds fundsThe vault program stays empty until an independent audit is published.
One real contract
At launchThe only genuine address will be posted here and on @LowBackgroundAI. Ignore any other.
Launch first. The vault opens after a published audit.
- Now
Prepare
Test-network rehearsal, first datasets, early lab partners.
- Month 0
Launch
Public sale opens. When it completes, trading starts and the liquidity is burned.
- Around month 4
Vault opens
Audit published, validators join, first ingots verified.
- Next
Licensing
Labs buy licenses. Monthly burn reports.
- Later
Decentralize
A staked jury replaces the council; buybacks move fully on-chain.
Got data from before 2022?
Old hard drives, archives, notebooks and code. The first verified datasets earn the highest rewards the vault will ever pay. Follow along for the launch and the contributor program.