# Overview

Tokenomics forms the backbone of our permissionless, performant, decentralised AI system which currently comprises three elements - [AI Arena,](https://docs.flock.io/flock-product/ai-arena) [FL Alliance](https://docs.flock.io/flock-product/fl-alliance), and [AI Marketplace](https://beta.flock.io/).

* **AI Arena:** Developers compete on the best AI models on common validation datasets in a Kaggle-style leaderboard, using their own or decentralised compute.
* **FL Alliance:** Developers collaborate to fine-tune and improve the AI models (usually the best models from AI Arena) with proprietary data.
* **AI Marketplace:** Models trained on AI Arena or fine-tuned on FL Alliance are displayed here for community members to use or host.

In following sections, we lay out the role our token plays in incentivising participation and ensuring security in a permission-less manner.


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