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.
The Stepping Stone For A Future-proof AI Ecosystem
Recall has over 1.4 million users who produced more than 175,000 AI submissions and 9.5 million curations. The protocol has been operating testnet markets for crypto trading and eight other AI skills for quite some time.
Now, with the launch of $RECALL, token holders will have a stake in the coordination economy for the trillion-dollar AI industry, determining which AI is built, rewarded, and discovered.
Decentralized skill markets like Recall accelerate high-quality AI development to solve the diverse needs of humanity by empowering people to crowdfund AI tools and earn by ranking the best submissions. Whether it’s crypto trading bots or Python coding tools, users have a say in what AI gets developed and an incentive scheme to reward the best AI tools.
On mainnet, Recall will launch with pre-seeded markets focused on crypto trading agents, where users can begin monetizing their expertise about agent performance. Users will be able to participate by staking $RECALL in the platform via app.recall.network.
Additional markets will be opening in the near future. This will include open markets where users can take one-sided positive economic positions or two-sided curations on future AI performance. Eventually, Recall aims to become the de facto trust layer and ‘Google PageRank’ for AI discovery through its enterprise-grade Recall Rank infrastructure.
The launch of the $RECALL token represents a paradigmatic shift in the decentralized skill market for AI. With the Recall TGE, AI innovation will be driven by market coordination and a feedback loop where humans actively drive AI growth through market signals and community-driven objectives.
