[Ritual Mainnet Launches, 18% of RITUAL in Circulation, 0.5% Airdrop] Foresight News reports that the decentralized AI computing platform Ritual Foundation announced the launch of its mainnet, with the simultaneous issuance of its native token, RITUAL. RITUAL can be used to pay for gas, model calls, HTTP requests, and scheduled execution fees. The initial supply of RITUAL is 10 billion, with no supply cap and an annualized inflation rate of approximately 5%. Initially, it will be distributed as staking rewards, while the base fee for each transaction will be burned according to the EIP-1559 mechanism. 1.8 billion RITUAL tokens, representing 18% of the initial supply, will be unlocked at launch. Regarding token distribution, core contributors will receive 29%, ecosystem growth and R&D 25%, network participation and future incentives 14%, Labs investors 11.3%, the Ritual Foundation 10%, the Labs Vault 5%, the Frontier AI Funding Program 4.7%, and the Foundation's private placement 1%. Core contributors and investors will have their tokens locked for one year from the start of the online platform. These locked tokens cannot be staked, and all tokens will be unlocked four years after launch. In addition, Ritual will airdrop 50 million RITUAL tokens, representing 0.5% of the initial supply, to eligible Infernet node operators, Frennug users, and long-term community members; all of these will be unlocked upon launch. Foresight News previously reported that Coinbase launched spot trading of Ritual (RITUAL) on October 26th.