At today's Volcano Engine FORCE conference, a figure shocked the entire AI industry.

Many people focus on the growth rate, but the real question worth considering is: What does 180 trillion tokens mean?
If the most important metrics in the internet era were page views (PV), unique visitors (UV), and traffic, then the most important metric in the AI era is tokens.
Because every question, every search, every agent task, and every piece of AI-generated content consumes tokens.
In other words, tokens are the "digital fuel" of the AI world.
In April of this year, the National Bureau of Statistics disclosed that China's daily token usage had exceeded 140 trillion, and just two months later, the Doubao platform alone reached 180 trillion.
This isn't just the growth of Doubao alone, but the growth of the entire AI industry.
Every AI chatbot, every agent, every intelligent customer service representative, and every automated workflow is consuming tokens at an alarming rate.
In the past decade, the internet created a traffic economy.
In the next decade, AI is creating a token economy.
Why?
Because traffic is merely access; tokens are the real productivity.
A user watching a one-minute short video generates browsing data.
A user commissioning AI to write solutions, generate code, or create videos results in a significant consumption of tokens.
This signifies that AI has transformed from an entertainment tool into a productivity tool.
Therefore, more and more investment institutions are beginning to view tokens as the most crucial infrastructure indicator in the AI era.
Some industry observers even believe that the future value of an AI company will no longer be measured by registered users, but by the daily token consumption.
This is because tokens represent real demand, real usage, and, more importantly, real revenue. In a sense, today's tokens are like internet traffic twenty years ago.
Whoever controls the token entry point controls future growth.
This is also why increasingly more token-related brand assets are attracting market attention.
Token.com, as a top-tier asset in the industry, is undoubtedly the most representative entity in this sector.

When 180 trillion tokens become a reality, we may be witnessing the birth of a new trillion-dollar market.
Many people haven't realized this yet. In the past, companies competed on user numbers; in the future, companies will compete on token numbers.
Mirendil, an AI company that secured $200 million in seed funding, has already locked in dual-brand domain names.
The trading of domain names with the "high" prefix is heating up again! HighWater.com sold for $200,000, while HighLevel.com leads the pack at over a million dollars.