The decentralisation sale for onicai’s Service Nervous System (SNS) has begun on the Internet Computer (ICP) blockchain, offering the wider ICP community an opportunity to participate in the protocol’s governance. The sale opened after an SNS proposal was made visible on ICP’s Network Nervous System front‑end and is due to run for 21 days, closing on 4 March. If the required thresholds are met, ONICAI tokens will be issued to contributors in exchange for ICP tokens committed during the sale.
Onicai is positioning itself as a decentralised intelligence‑as‑a‑service platform built on ICP. It aims to allow developers and users to launch, manage and govern on‑chain AI services and models using smart contracts, with a novel consensus system called Proof‑of‑AI‑Work underpinning its protocols.
The decentralisation sale mechanism exists within the SNS framework, which is a governance model on ICP that enables communities to collectively decide how an application evolves. Through this model, token holders receive governance rights and can vote on proposals affecting the protocol once tokens are staked in neurons.
According to onicai’s published parameters, a total supply of 52.5 million ONICAI tokens will be created, of which a portion is allocated through the sale. The process includes vesting schedules and reward rate settings that are determined at the outset of the SNS launch. Minimum and maximum participation levels in ICP are set per contributor as part of these conditions.
The team behind onicai has shared updates indicating that the transition to the SNS structure will not alter existing development plans for its services or reward mechanisms. Current holders and participants in onicai’s ecosystem remain able to operate as before, with changes focused on governance alignment and a unified token system.
Participation requires users to log in to the ICP Network Nervous System portal, locate the onicai SNS proposal in the Launchpad section and commit ICP according to their desired level within the set bounds. If the minimum participation goal of 80,000 ICP is not reached by the end of the sale, the SNS will not be created and contributors are expected to be refunded.
Observers of the ICP ecosystem note that SNS sales have been used by a variety of projects to decentralise governance and expand community involvement. Past examples have included messaging platforms and decentralised exchanges that have shifted control to token holders after successful funding rounds.
Participants should be aware that involvement in SNS sales carries risk, as with any blockchain governance activity. Decisions taken by DAO participants, including how treasury funds are allocated or how the underlying protocol is developed, are subject to token holder voting rather than centralised team control.
The onicai SNS sale represents the latest instance of an application in the ICP ecosystem moving towards a community‑governed model. Contributors who lock ICP tokens during the sale receive ONICAI tokens and governance rights, and will be in a position to influence future decisions about the platform’s development and direction.
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