Updated $ES Tokenomics

We want to share an update on two related fronts: a treasury sale to fund ongoing operations, and a meaningful shift in how we think about $ES going forward.

Funding the work ahead

To continue funding operations without slowing down, the Foundation has sold a portion of its treasury. This keeps the team focused on building rather than fundraising, and lets us extend our runway through what we believe is a pivotal stretch for the product.

We don't take treasury sales lightly. They're executed deliberately, in service of the work that creates long-term value for the network and the people who use it.

What we've been building

Over the past period, our focus has been Human API. The mobile app has grown to 100,000+ users who are net new to crypto, and that number is climbing daily. This matters more than any single metric: it means we're reaching people who came for the product, not the token.

That distinction is shaping everything below.

One token, a clearer role

First, to remove any ambiguity: there will be no new token for Human API. $ES is the only token. We intend for everything we build to settle back to it.

Given the current state of the market, we've also updated our view on what $ES is for. We previously framed it primarily as a utility token. We no longer think that framing serves users well.

Instead, we see $ES as a positive incentive — a way to add real value for people who are new to crypto, rather than crypto for the sake of crypto. The bar for any $ES mechanism is simple: does it make the product better for the end user?

A few directions we're exploring:

• Instant onchain payments — getting paid immediately instead of waiting on a two-week cycle, as Stripe requires.
• Higher earnings for choosing $ES — users who opt to receive $ES earn more.
• Higher earnings for staking $ES — more skin in the game also means a stronger signal that someone is a verified human.

In each case, the token is in service of the experience, not the other way around.

Updated $ES allocation

Total supply remains fixed at 1,000,000,000 ES, allocated as follows at this point in time:

• Float (airdrop, liquidity, community): 24%
• Ecosystem & Development: 29%
• Contributors: 16%
• Early Supporters / Investors: 31%

Where we go from here

Human API plans to continue expanding its platform capabilities while exploring new ways to align incentives between AI agents, contributors, and ecosystem stakeholders.

The thread connecting all of this is a single belief: the most durable version of $ES is one that earns its place by improving the product for real users. That's the standard we're holding ourselves to as we keep growing Human API.

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