AI District

AI District

What it is exactly?

AI District is a decentralized autonomous organization (DAO) built on the Binance Smart Chain (BSC) network, aimed at exploring and investing in cutting-edge AI projects in the cryptocurrency space. The project is designed to offer a seamless and secure platform for community members to participate in AI research and development while enjoying community-driven benefits.

From where it exists?

The idea behind AI District originated from a group of AI and blockchain enthusiasts who saw an opportunity to combine the power of these two technologies to create a new and innovative platform for the AI community. They envisioned a community-driven platform where members could come together to collaborate, share knowledge, and invest in AI projects.

What is its mission?

The mission of AI District is to create a vibrant and collaborative ecosystem for the AI community, where members can participate in AI research and development, earn rewards through staking and investment, and enjoy a range of community-driven benefits and services. The project aims to provide a platform for knowledge sharing, collaboration, and innovation, and to help bring innovative AI projects to market through incubation and acceleration services.

Our vision

The vision of AI District is to be a leading player in the AI and cryptocurrency space, known for its cutting-edge AI projects, its vibrant community, and its innovative use of blockchain technology. The project aims to bring together the best minds in AI and blockchain to create a platform that drives innovation and growth in the AI community.

Technologies used

AI District is built on the Binance Smart Chain (BSC) network, which provides a fast, secure, and low-cost platform for decentralized applications. The project uses a combination of smart contracts, non-fungible tokens (NFTs), and a voting system to manage community interactions and decision-making. The project also uses a suite of AI analytics tools to help members make informed decisions about AI projects and investments.

 

Why BSC?

Why we have chosen Binance Smart Chain (BSC) as our network of choice.

Speed and Scalability: BSC has a block time of just 1 second, which is much faster compared to other blockchain networks such as Ethereum, which has a block time of 15 seconds. This faster block time means that transactions are processed much quicker, making it suitable for our platform which requires fast and efficient transactions. Additionally, BSC has the ability to process 100 transactions per second, allowing for a scalable solution that can accommodate our growing user base.

Low Cost: BSC offers lower gas fees compared to other networks, which allows us to provide more cost-effective services to our users. This low-cost structure means that our users will be able to interact with the AI District DAO platform without incurring excessive fees, which is important for widespread adoption and growth.

Interoperability: BSC is fully compatible with the Ethereum Virtual Machine (EVM), which means that our platform can easily integrate with existing Ethereum-based dApps and tools. This interoperability allows us to leverage the existing ecosystem and bring innovations to the AI community.

Security: Binance is known for its security and reputation in the cryptocurrency space, and BSC is built on the same principles. This high level of security is critical for the success of our platform and the protection of our users' assets.

 

AI Implementation

The integration of Artificial Intelligence (AI) into the AI District platform has the potential to revolutionize the way we interact and utilize the platform. The use of AI can improve the efficiency and accuracy of various applications and features within the AI District, leading to a more streamlined user experience.

One of the key ways AI can be integrated into AI District is through the use of decentralized applications (dApps) and smart contracts. Decentralized AI models can be deployed on the blockchain to provide decentralized, secure, and transparent AI services. This will allow for AI-powered applications and services to be provided to the community without the need for a centralized authority, resulting in improved privacy and security.

One approach to implementing AI in AI District is to leverage decentralized applications (dApps) and smart contracts. dApps can provide a secure, decentralized environment for the development and deployment of AI models and algorithms, while smart contracts can provide a transparent and automated means of executing transactions and executing business logic. This can help ensure that the AI marketplace operates in a fair and secure manner, with minimal risk of tampering or fraud.

One potential application of AI within the AI District platform is the creation of AI-powered bots for various communication channels, such as Discord, Telegram, Twitter, YouTube, Web3, and websites. These bots can be trained to provide a variety of services, including answering user questions, assisting with transactions, and providing recommendations and insights based on user data.

Use cases for AI in AI District can be found across a wide range of areas, including market analysis, investment management, community engagement, and event management. For example, AI can be used to analyze market data and provide investment recommendations to members, helping them to make informed decisions about their portfolios. It can also be used to automate various community engagement activities, such as voting and event management, helping to streamline these processes and improve efficiency.

To make the most of AI in AI District, we also need to develop AI-powered bots for popular messaging platforms such as Discord, Telegram, and the web. These bots can be programmed to provide users with a range of information and services, such as data analysis, market insights, and investment recommendations. They can also be used to automate various tasks and functions within the platform, such as tracking investment performance, executing trades, and managing community voting.

Another potential use case for AI within AI District is the integration of AI models into the AI Marketplace. AI models and algorithms could be sold and purchased through the marketplace, providing a valuable resource for developers and researchers within the AI community. AI-powered applications and services could also be developed and sold on the platform, providing new revenue streams for the community.

Overall, the integration of AI into AI District has the potential to greatly enhance the platform, providing improved services and new revenue streams for the community. By leveraging decentralized technologies and smart contracts, the community can ensure the privacy and security of AI-powered applications and services.

 

Key Features

Key Features refer to the most important and distinctive aspects of a product or service that make it unique and set it apart from its competitors.

Community Rank by NFT: Members can purchase a community rank assigned through an NFT, which is mined at their discretion. Ranks provide members with varying levels of voting power and influence in the project.

DAO Voting: Members can participate in DAO voting by staking tokens and owning a community rank through NFT. They can decide on the future direction of the project, including which AI projects to research and invest in.

Treasury Investment: The treasury or tax funds collected through the smart contract are used for potential investment into the delegated AI project. The delegated project must pass a proposal, vote, and AI risk verification before potential reward.

Index Fund Value: The value of the AI District Index Fund is calculated based on the value of all tokens invested and accumulated in the treasury investment wallet. The value of the index reflects the overall performance of the AI projects invested in by the community.

Staking: Members can earn rewards by participating in staking and contributing to the growth of the AI District community.

AI Community Hub: AI District serves as a hub for the AI community, providing a platform for knowledge sharing, collaboration, and innovation. Members can participate in AI-related events and initiatives, such as hackathons, AI tool development, and research projects.

AI Incubation: The project provides incubation and acceleration services for AI startups, helping to bring innovative AI projects to the market. The incubation program is designed to provide mentorship, resources, and support to help startups succeed.

AI Marketplace: AI District operates an AI marketplace where members can buy and sell AI-related products and services, such as data sets, models, and algorithms.

 

Token Economics

Involves specifying the token's supply, distribution, and value proposition, as well as its role within a larger ecosystem.

Token Issuance: AI District will launch its native token, the AID token, with a maximum supply of 100,000,000 tokens. No private sale will be conducted and only a presale will be conducted before the launch of the token.

 

Distribution: The distribution of the AID token will be divided into different phases and will be launched on Pancakeswap, with the potential for listing on centralized exchanges in the future. The following is the planned token distribution schedule:

Presale allocation: 36.9% of the total supply to be sold during the presale

Liquidity Pool allocation: 17.35% of the total supply to be sold during the initial launch on Pancakeswap

Programs & Rewards allocation: 22.5% of the total supply is to be sold or distributed over the next 12 months through various community incentives and rewards programs

DAO, Voting & Index Fund: 22.5% of the total supply is to be locked up for the AI District Index Fund to provide stability to the token's value.

Token Supply: The total supply of the AID token is 100,000,000 and no additional tokens can be minted as the token contract is immutable.

Inflation Rate: The AID token will have a built-in tax of 4% that will be applied to every transaction and redistributed back to token holders as an incentivized reward program.

Incentivised Reward Program: The back-to-holder system will be implemented in the smart contract, vo

Governance Model: The governance model of the AID token will be transparent and community-driven, allowing token holders to vote on key decisions related to the development and growth of the AI District ecosystem.

AI District Index Fund: The AI District Index Fund will consist of 22.5% of the total supply of the AID token, locked up for stability and to provide liquidity for the token. The fund's composition and rebalancing will be transparent and subject to community governance.

AI District Index Fund Lock-up: The lock-up period reserved for investments will have a lock-up period of 24 months with 4 unlocking periods for the period of 12 months

Release Schedule: The entire 100,000,000 AID tokens will be released into circulation over the next 24 months through the different distribution phases as outlined above.

 

Roadmap

Q1 2023

Product Ideation and Development: The development team will focus on conceptualizing and creating the initial product vision, conducting research and development, and finalizing the product design.

Contract Deployment: The smart contract functionality will be deployed and tested on the Binance Smart Chain blockchain to ensure proper functionality and security.

Community Gathering and Fundraising: The project will engage with the community, gather feedback, and raise funds through presale or other fundraising efforts.

NFT and Staking Alpha Tests with Community: The project will conduct alpha tests of the NFT and staking functionalities with the community to gather feedback and make improvements.

Marketing and Partnerships: The project will focus on building partnerships with other organizations and businesses and on developing a comprehensive marketing strategy.

Official Launch: The official launch of the AI District platform will take place, marking the beginning of its journey as a decentralized platform for the development and deployment of AI-powered applications and services.

Q2 2023 - Q1 2024

Expansion of AI Technology: The development team will focus on expanding the AI technology used in AI District, including the integration of advanced AI algorithms and models.

Development of Decentralized AI Applications: The platform will be used to develop and deploy decentralized AI applications, including but not limited to predictive analytics, recommendation systems, and natural language processing.

Integration of Interoperability Features: The platform will be integrated with other blockchain platforms to allow for seamless interoperability between different blockchains and to increase its reach.

Continued Community Engagement and Feedback: The project will continue to engage with the community and gather feedback to ensure that it is aligned with the needs and desires of its users.

Expansion of Marketing and Partnerships: The project will expand its marketing efforts and continue to build partnerships with organizations and businesses to increase its visibility and reach.

Q2 2024

Release of Advanced AI Features: The platform will release advanced AI features, including real-time analytics, machine learning, and computer vision capabilities.

Development of Decentralized AI Services: The platform will be used to develop and deploy decentralized AI services, including but not limited to data storage, data analysis, and model training.

Expansion of Interoperability: The platform will continue to expand its interoperability features, allowing for seamless integration with other blockchain platforms and providing a unified experience for users.

Continued Community Engagement and Feedback: The project will continue to engage with the community and gather feedback to ensure that it is aligned with the needs and desires of its users.

This development roadmap outlines the key goals and milestones for the AI District project from Q1 2023 to Q2 2024. By focusing on expanding its AI technology, developing decentralized AI applications and services, and integrating interoperability features, AI District aims to become a leading platform for the development and deployment of AI-powered decentralized applications and services. With continued engagement with the community and ongoing marketing and partnership efforts, AI District is poised to make a significant impact in the blockchain and AI industries.

Roadmap Disclaimer:

The development roadmap is subject to change based on a variety of factors, including unforeseeable technical difficulties, changes in market conditions, and resource constraints. The project team will make every effort to adhere to the timeline outlined in this roadmap, but please be aware that it is possible that some milestones may be delayed or shifted. The information contained in this roadmap is for informational purposes only and does not represent a commitment or guarantee by the project team.

 

More Information

Website: https://www.aidistrict.xyz/

Whitepaper: https://docs.aidistrict.xyz/info-section/about-docs

Telegram: https://t.me/AIDistrict

Twitter: https://twitter.com/AIDistrictXYZ

Medium: https://aidistrict.medium.com/

 

Author

Bitcointalk Username: Alasjati

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3465912

Gmail: faresta480@gmail.com

Wallet Address: 0x115dd934fd2d54b290967a3b7ff2ad174243d2b6

ChainGPT

ChainGPT

Introduction

ChainGPT is a state-of-the-art artificial intelligence model that has been making waves in the field of AI and blockchain technology. It utilizes innovative techniques to solve complex problems within the realm of cryptocurrency and blockchain, making it an indispensable tool for individuals and organizations seeking to thrive in the rapidly advancing technological landscape. With the implementation of cutting-edge AI algorithms, easy-to-use application programming interfaces, and advanced high performance computing capabilities, ChainGPT provides a wide range of solutions for those looking to optimize their success within the crypto and blockchain space.

 

ChainGPT has its roots in the development of state-of-the-art artificial intelligence models, which are designed to simulate the human brain’s learning and decision-making processes. The development of the AI model was motivated by the need for a more efficient and effective solution to the challenges faced by the crypto and blockchain industries. With its focus on making advanced AI technology accessible to individuals and businesses, ChainGPT has become one of the most promising AI models in the field. The development of ChainGPT was led by a team of highly experienced AI experts, data scientists, and blockchain developers. Their goal was to create a highly advanced AI model that could solve a wide range of problems faced by individuals and businesses in the crypto and blockchain space. To achieve this goal, the team leveraged the latest advancements in AI algorithms, data structures, and high-performance computing to build an AI model that could provide users with the best possible solutions to their crypto and blockchain problems.

Technical Overview

ChainGPT is built on cutting-edge AI algorithms, data structures, and high-performance computing technologies. At its core, ChainGPT is a transformer-based language model that uses deep learning to analyze vast amounts of data and make predictions based on patterns and trends. The AI model is highly scalable, capable of handling large amounts of data, and providing fast and accurate solutions to a wide range of crypto and blockchain problems. One of the key features of ChainGPT is its user-friendly APIs, which make it easy for developers and businesses to integrate the AI model into their platforms and applications. The APIs are designed to provide easy access to ChainGPT’s advanced AI algorithms and data structures, allowing developers to build new applications based on the model and pay per request with $GPT tokens.

 

Use Cases

ChainGPT offers a range of solutions and use cases for individuals and businesses in the crypto and blockchain space. Some of the most popular use cases of ChainGPT include:

Smart Contract Development: ChainGPT’s AI algorithms can be used to generate custom smart contracts and decentralized applications, making it easier for individuals and businesses to create their own contracts and applications in the crypto and blockchain space.

Advanced AI Trading: ChainGPT can be used to create advanced trading bots, analyze markets, and provide advanced trading solutions for individuals and businesses. With no-code experience required, anyone can quickly and easily create advanced trading bots and market analytics reports, making it easier to maximize success in the crypto and blockchain markets.

Blockchain Analytics: ChainGPT’s advanced AI algorithms can be used for risk management, data analysis, ID verification, avoiding bad actors, and analyzing users’ on-chain history. With its cutting-edge technology, ChainGPT makes it easier for businesses and individuals to analyze and manage their crypto and blockchain data.

Risk Management: ChainGPT’s advanced AI algorithms and APIs can be used to help businesses and individuals manage risk, avoid bad actors, and make informed decisions in the crypto and blockchain space.

 

Research Methods

Research Methods Introduction

To evaluate the performance of ChainGPT, a range of research methods were used in the evaluation of ChainGPT’s performance to measure the model’s accuracy, speed, and overall usefulness. The research consisted of several experimental stages, including data collection, data analysis, and statistical analysis. The data collection stage involved collecting relevant data from a variety of sources, including public blockchains, exchanges, and market data providers. This data was then cleaned and pre-processed to ensure its quality and accuracy. In addition, the data was segmented into training and testing sets to evaluate the model’s performance. The data analysis stage involved using various statistical methods to evaluate the performance of ChainGPT. This stage included analyzing the model’s accuracy, speed, and overall usefulness in performing various tasks. The results were then compared with those of other AI models to determine its relative performance. The statistical analysis stage involved using statistical models to analyze the data and interpret the results. This stage included regression analysis, time series analysis, and other methods to understand the relationships between the variables. The results of the statistical analysis were then used to draw conclusions and make recommendations for future work.

 

Possible Experimental Problems

1. Analyze the predictive accuracy of the ChainGPT model for different categories of data and tasks: To analyze the predictive accuracy of the ChainGPT model, a range of research methods were used in the evaluation of ChainGPT’s performance to measure the model’s accuracy, speed, and overall usefulness. The research consisted of several experimental stages, including data collection, data analysis, and statistical analysis. The data collection stage involved collecting relevant data from a variety of sources, including public blockchains, exchanges, and market data providers. This data was then cleaned and pre-processed to ensure its quality and accuracy. In addition, the data was segmented into training and testing sets to evaluate the model’s performance. The data analysis stage involved using various statistical methods to evaluate the performance of ChainGPT. This stage included analyzing the model’s accuracy, speed, and overall usefulness in performing various tasks. The results were then compared with those of other AI models to determine its relative performance.

2. Compare the performance of ChainGPT to other AI models in the market: To compare the performance of ChainGPT to other AI models in the market, the results of the research were compared with those of other AI models in the market. The results showed that ChainGPT performed better than the majority of the models in terms of accuracy, speed, and overall usefulness.

3. Evaluate the efficiency and scalability of ChainGPT by measuring its response time and throughput: To evaluate the efficiency and scalability of ChainGPT, the response time and throughput of the model were measured. The response time was measured by testing the model’s ability to process large amounts of data quickly, while the throughput was measured by testing the model’s ability to process large amounts of data accurately. The results of these tests showed that ChainGPT was highly efficient and scalable, making it an ideal tool for real-time applications.

4. Examine the security and robustness of the ChainGPT model by testing its resistance to various attacks: To examine the security and robustness of ChainGPT, the model was tested against various attacks. This involved testing the model against a range of malicious inputs and attempting to exploit any vulnerabilities in the model. The results showed that the model was highly resistant to attacks, making it a secure and robust solution for individuals and businesses in the crypto and blockchain space.

5. Measure the impact of data quality and data quantity on ChainGPT’s performance: To measure the impact of data quality and quantity on ChainGPT’s performance, the model was tested with both high-quality and low-quality data. The results showed that the model was able to generate highly accurate predictions even when the data was of low quality. This indicates that the model is capable of handling a wide range of data sources, making it a versatile and powerful tool for success in the crypto and blockchain space.

6. Analyze the effects of different parameters on ChainGPT’s performance: To analyze the effects of different parameters on ChainGPT’s performance, the model was tested with a range of different parameters. This included adjusting the size of the input data, the number of layers, the number of neurons in each layer, and the learning rate. The results showed that the model was able to generate highly accurate predictions even when the parameters were adjusted, indicating that the model is highly resilient to changes in its parameters.

7. Investigate the potential of ChainGPT for different use cases and applications: To investigate the potential of ChainGPT for different use cases and applications, the model was evaluated across a range of tasks and applications. The results showed that the model was able to generate highly accurate predictions for a range of tasks, including market analysis, predictive modeling, and sentiment analysis. This indicates that the model is highly versatile, making it an ideal tool for a variety of applications and use cases.

8. Explore the impact of incorporating blockchain technology into the ChainGPT model: To explore the impact of incorporating blockchain technology into the ChainGPT model, the model was tested with a range of blockchain-based features. This included testing the model with the $GPT token, staking and farming mechanisms, and other blockchain-based features. The results of these tests showed that the model was able to generate highly accurate predictions even when using these blockchain-based features, indicating that the model is capable of leveraging the power of blockchain technology to generate even more accurate predictions.

 

Roadmap

The ChainGPT roadmap outlines the company's future plans and goals for the development and implementation of its Advanced AI model (ChainGPT), ChainGPT's AI based utility products, and AI supporting layer-2 blockchain and ecosystem of DApps and utilities. The roadmap serves as a guide to the progress and direction of the company and its technology, providing stakeholders and customers with an understanding of the upcoming features and releases. With a focus on innovation and growth, the ChainGPT roadmap is a testament to the company's commitment to advancing the possibilities of AI and blockchain technology.

2022: Q2-Q4

Summary of 2022 Roadmap

In 2022, the team behind ChainGPT was established with experienced software and machine learning engineers. The focus was on the design and planning of the advanced AI model. During the latter half of the year, the development of the AI model was a top priority along with researching, testing and improving it. The team also made efforts to pitch the technology to big tech companies and founders, gaining support and attracting early investors. Additionally, the team began developing a chatbot based on the AI model and released a research paper (v1.0 whitepaper). Overall, 2022 was a year of laying the foundation and making significant progress towards bringing ChainGPT to life.

2022 Q2:

The idea of ChainGPT was born

Team Creation of experienced software engineers and machine learning engineers.

Design & planning of our main AI model.

2022 Q3-Q4:

ChainGPT Advanced AI Model Development

ChainGPT AI Model Research, Testing, Improvement

Pitching to big-tech companies, and founders, attracting support and early investors.

Development of a Chatbot based on ChainGPT’s AI model

Research Paper Release (v1.0 whitepaper)

2023: Q1

1st Quarter of 2023 Summary

Our focus in Q1 2023 is to further enhance our AI model, the backbone of our technology and ecosystem, through continuous improvement efforts by our dedicated team. We are also expanding the capabilities of our AI model by offering API & SDK access to third-party developers and businesses, enabling them to build custom solutions that meet their specific needs. In Q1, we will be launching a suite of cutting-edge AI tools and products, including the beta and official versions of ChainGPT chatbot, DevAssist browser extension, Staking & Farming DApp, ChainGPT News, IOS & Android chatbot app, prompt marketplace, Telegram/Discord/Slack AI bot, and our utility token $GPT. 

$GPT will play a key role in our ecosystem, acting as the fuel that drives all the products and services offered by ChainGPT. The $GPT token will be made available through private sale, whitelisted presale, and a DEX/CEX launch. 

Our release strategy for all utilities and tools is designed for maximum growth potential for ChainGPT. Instead of releasing everything at once, each tool will have a designated release date, aimed at creating anticipation and building a waitlist. For a comprehensive overview of our goals and progress, please refer to the list below.

Development:

AI Chatbot Beta Version Release

DevAssist Release: a browser extension powered by ChainGPT AI technology providing users with information about smart contracts they interact with them.

Staking & Farming DApp designed for $GPT and supported tokens.

ChainGPT.news: AI generated Blockchain/Crypto daily news & live updates.

ChainGPT AI Chatbot Official v1.0 Release [much more advanced than beta, AI is online, can read live blockchain data, can read live chart data]

API & SDK access for businesses & developers

ChainGPT App for IOS & Android release, with built in $GPT supporting wallet.

Prompt marketplace: share your best prompts & earn $GPT rewards.

Release python based ChainGPT bot for Telegram, Discord, and Slack

DAO voting system for $GPT holders

$GPT Token:

$GPT utility token release dates & tokenomics announcement

$GPT token private sale (institutions, and growth beneficial investors)

$GPT token presale (whitelisted)

$GPT token launch (Decentralized & Centralized Exchanges Listings)

Misc:

Marketing team formation & community growth

Increase social presence

Documentations Release (v2.0 whitepaper)

Bug Bounty Program

Ambassador Program

Survey & user feedback research

2023: Q2

1st Quarter of 2023 Summary

In Q2 2023, we aim to enhance our engineering team and progress our ground-breaking AI-based blockchain technology. We are launching a testnet version of our layer-2 blockchain, optimized for AI smart-contracts and on-chain models. Along with the testnet, we will provide an explorer, a marketplace for AI models and tools, a web wallet, a wallet extension, wallet apps for IOS and Android, a custom Remix for smart-contract deployment, a wormhole (bridge), a decentralized exchange for ChainGPT tokens, and finally, the mainnet release of the ChainGPT blockchain. 

Additionally, we will develop AI-powered utilities using ChainGPT tech such as an AI NFT generator DApp and an AI trading bot DApp. We will also expand our team of software engineers and machine learning engineers. For a comprehensive overview of our goals and progress, please refer to the list below.

ChainGPT AI Based Utilities Development

AI NFT Generator DApp based on ChainGPT Tech

AI Trading Bot DApp based on ChainGPT Tech

ChainGPT Blockchain & Ecosystem Development

[Testnet] Layer-2 Blockchain designed for AI smart-contracts and models

Explorer for ChainGPT Blockchain

AI Models & Tools Marketplace

Web Wallet for ChainGPT Blockchain

Wallet Extension for ChainGPT Blockchain

Wallet App (IOS & Android) for ChainGPT blockchain

Custom Remix for ChainGPT Blockchain

Wormhole (bridge)

Decentralized Exchange for ChainGPT Tokens

Mainnet Release of ChainGPT Blockchain

Misc

Expand our engineering team (want to work with us? apply.)

Partnerships Announcements

2023: Q3-Q4

To be announced.

 

Introduction to ChainGPT Token

ChainGPT Token ($GPT) is the backbone of the ChainGPT ecosystem. It is the medium of exchange that individuals and businesses must use in order to access the advanced AI model that powers the ecosystem. In addition to this, the token offers a variety of benefits to its holders, making it a valuable asset for those looking to invest in the future of the crypto and blockchain space.

 

Key Features

$GPT is an essential component of the ChainGPT ecosystem, providing individuals and businesses with access to the advanced AI model and a variety of benefits and opportunities. Whether you are a crypto or blockchain enthusiast, or simply looking to invest in the future of AI, $GPT is a token worth considering.

 

Continue reading:

Token Sale

https://docs.chaingpt.org/overview/iv.-gpt-utility-token/token-sale

Tokenomics

https://docs.chaingpt.org/overview/iv.-gpt-utility-token/tokenomics

Smart-Contract

https://docs.chaingpt.org/overview/iv.-gpt-utility-token/smart-contract

Burn Mechanism

https://docs.chaingpt.org/overview/iv.-gpt-utility-token/burn-mechanism

Staking & Farming

https://docs.chaingpt.org/overview/iv.-gpt-utility-token/staking-and-farming

 

Join the Chain GPT community:

Telegram: https://t.me/chain_gpt

Discord: https://discord.gg/FS2xpY28

Twitter: https://twitter.com/Chain_GPT

ProductHunt: https://www.producthunt.com/posts/chaingpt

 

Learn more about ChainGPT:

Official Website: https://www.ChainGPT.org

Documentation: https://docs.chaingpt.org

 

Author

Bitcointalk Username: Alasjati

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3465912

Gmail: faresta480@gmail.com

Wallet Address: 0x115dd934fd2d54b290967a3b7ff2ad174243d2b6

Bitcoin Futures

Bitcoin Futures

Bitcoin Futures is a financial derivative that allows traders to speculate on the price of Bitcoin without actually owning the cryptocurrency. This has become an increasingly popular way to invest in Bitcoin, especially for institutional investors and traders who may not want to hold the cryptocurrency itself.

 

Ecosystem

The Bitcoin Futures ecosystem is made up of a number of different players, including exchanges, traders, brokers, and clearinghouses. These players work together to facilitate the trading of Bitcoin Futures contracts. Exchanges, such as CME and Bakkt, provide a platform for traders to buy and sell Bitcoin Futures contracts.

 

Brokers act as intermediaries between traders and the exchange, helping traders to place orders and manage their positions. Clearinghouses are responsible for clearing and settling trades, ensuring that both the buyer and seller meet their obligations.

 

Features

Bitcoin Futures contracts have a number of features that make them unique. One of the key features is leverage, which allows traders to control a larger amount of Bitcoin with a smaller amount of capital. This means that traders can potentially make larger profits, but it also increases the risk of losses.

Bitcoin Futures also have expiration dates, which means that traders need to close out their positions by a certain date or roll them over to a new contract.

 

Benefits

One of the main benefits of Bitcoin Futures is that they provide a way for investors to gain exposure to Bitcoin without actually owning the cryptocurrency. This can be especially useful for institutional investors who may not be able to hold Bitcoin directly due to regulatory or custodial concerns.

Bitcoin Futures also provide a way for traders to hedge their Bitcoin positions, reducing their exposure to price volatility. Finally, Bitcoin Futures contracts are traded on regulated exchanges, which can provide a level of security and transparency that is not found in the unregulated cryptocurrency markets.

 

Use Cases

There are a number of different use cases for Bitcoin Futures. One of the main use cases is speculation, as traders can profit from changes in the price of Bitcoin. Bitcoin Futures can also be used for hedging, as mentioned earlier, to reduce exposure to price volatility.

Additionally, Bitcoin Futures can be used as part of a broader investment strategy, as they can provide exposure to Bitcoin while also managing risk.

 

Token Information

The BTCF token is the native token of the Bitcoin Futures platform. It is an ERC-20 token that is used to power the platform’s ecosystem. Users can stake their BTCF tokens to earn rewards, and the tokens can also be used to pay fees on the platform.

Additionally, BTCF tokens can be used as collateral for trading Bitcoin Futures contracts, providing an additional layer of security for traders.

 

Roadmap

January — June 2023

STATE 1:

- BTCF is developed on the available community platform of BITCOINF with millions of members

- List on Centralized Exchange: Azbit, CoinTiger

- List on Decentralized Exchange: Pancakeswap, Dodo

- List on DexTools, AveAI & 50 Coin Pages

July-December 2023

PHASE 2:

- Organize 500 OPP sessions & 100% BTCF Exchange Fair

- Project promotion with Youtuber & Tiktoker

- List Coinmarketcap, Coingeko

- Reach 10,000 BTCF Holder

January-June 2024

STAGE 3:

- 500 trading points for 100% BTCF exchange goods

- Guide members of 10 countries to organize the exchange of goods 100% BTCF

- Reach 50,000 BTCF Holder

July-December 2024

STAGE 4:

- 1,000 trading points for 100% BTCF exchange goods

- Expanding 100% BTCF commodity exchange operations across many countries

- Reach 100,000 BTCF Holder

January — June 2025

STAGE 5:

- 5,000 trading points for 100% BTCF exchange goods

- Reach 300,000 BTCF Holder

July — December 2025

STAGE 6:

- 10,000 trading points for 100% BTCF exchange goods

- Reach 500,000 BTCF Holder

 

INFORMATION

WEBSITE — WHITEPAPER — YOUTUBE — TELEGRAM — TWITTER — ANN

 

Author

Bitcointalk Username: Alasjati

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3465912

Gmail: faresta480@gmail.com

Wallet Address: 0x115dd934fd2d54b290967a3b7ff2ad174243d2b6