InterLink (@inter_link) Chairman KV (@kv_interlink) says the KYC portal for Transferable $ITLG will open soon. He also outlined how the InterLink Genesis Token is planned to be used across th
InterLink (@inter_link) Chairman KV (@kv_interlink) says the KYC portal for Transferable $ITLG will open soon. He also outlined how the InterLink Genesis Token is planned to be used across the ecosystem, from governance and staking rewards to dApp payments. No opening date for the portal has been announced.
According to KV, ITLG is intended to play a role in ecosystem governance, staking rewards and dApp payments. The token is also planned for gaming, livestreams and the ecosystem's business token exchange. Launchpad projects building on InterLink are another planned source of token utility.
The ecosystem also plans buyback and burn mechanisms through ITLX, InterLink's decentralized trading platform. InterLink's own community posts describe a similar approach, stating that ITLX revenue and reserves are intended to buy back and burn ITLG. Because these statements come from the project itself, they reflect stated plans rather than independent verification.
According to the InterLink Labs blog, ITLG (InterLink Genesis Token) is the participation and governance token at the core of the network, designed for verified Human Nodes. The same page states that total supply is 100 billion tokens, with 80% allocated to Human Node miners and 20% reserved for network incentives and rewards.
InterLink's tokenomics documentation describes a two-token design. ITLG is the token verified Human Nodes earn through participation and use across the InterLink App and the ITLX DeFi ecosystem, while ITL serves as the universal settlement and reserve asset of InterLink Chain.
On its official website, InterLink says ITLG is currently in a mining and verification phase, with no confirmed exchange listing. The site also says KYCPort verification raises mining limits and unlocks withdrawals.
Details on timing, eligibility and the final scope of the planned utilities have not been confirmed. Users should rely on official InterLink channels for updates, as the plans described remain intentions rather than live features.
InterLink Labs: What Is ITLG Token?InterLink Whitepaper: TokenomicsInterLink Network official website
