Bittime - ArbDoge AI is not just another project. This is a revolutionary vision conceived by a group of passionate AI enthusiasts.
Their goal? Building an innovative ecosystem that combines the power of AI with advanced Web3 technology, opens the gates to a world full of limitless possibilities.
What is ArbDoge AI?
ArbDoge AI is an experimental project within the Arbitrum ecosystem, initiated by a group of passionate AI enthusiasts. This is not an ordinary project, but rather aims to develop a range of powerful AI+Web3 combined products.
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What is Arb-Doge Coin (AIDOGE)?
ArbDoge (AIDOGE) is a deflationary token that serves as a key component in the AIDOGE ecosystem application. This is an experiment in the Arbitrum ecosystem, initiated by a group of passionate AI enthusiasts. They aim to combine AI with Web3 technology to create a series of advanced products.
AIDOGE is designed to be inclusive, belong to the entire Arbitrum community, and serve as a gateway to unlocking the next AIDOGE story. Users who meet the requirements and are included in the ARB airdrop can directly claim the AIDOGE airdrop via the ArbDoge AI website.
Also read: Arbitrum Price Prediction (ARB) 2024 - 2030
ArbDoge's operations do not involve any VC institutions or team ownership. All tokens are distributed fairly to the community. The creators of ArbDoge, driven by their passion for Arbitrum, want to work together with the community to develop powerful AI+Web3 products.
AIDOGE's survival and growth depend on the code (AICODE), and they are very interested in collecting $ARB.
What is AICODE?
AICODE is the only code that controls ArbCity operations. In the world of AI, code is as important as petroleum to an industry. AICODE, an AI-specific code, will be used across the ArbDoge AI line.
This includes NFT acquisition, value determination and revenue distribution within AIFI (ArbDoge AI Financial Infrastructure), governance and other important aspects.
Interesting Features of ArbDoge
There are two interesting features of this experimental project. Here are the details.
Lucky Drop
Algorithm-based open-source airdrop reward game. Players can participate by purchasing more than $100 worth of AIDOGE tokens, which earns them prize tickets. Winners are selected automatically and receive prizes after the drawing.
Future NFTs
ArbDoge plans to introduce a series of NFTs in the future, offering rewards to early participants and supporting the development of AI peripheral products.
AIDOGE Token Tokenomics
AIDOGE is the key to the ArbDoge AI ecosystem. This crypto asset has strong deflationary characteristics and has the potential to generate passive income through staking, following the path of application and value.
AIDOGE Basic Functions:
- AICODE Mining
- AI NFTs
Total Supply:
210,000,000,000,000,000 AIDOGE tokens have been created.
Distribution Method:
The initial phase of ArbDoge AI's "Call to AIDOGE" campaign focuses on the free distribution of 100% AIDOGE tokens to the community. Here are the details:
- 95% of the total AIDOGE is allocated for the airdrop. Users who qualify for the ARB airdrop can claim these AIDOGE tokens (see table below for the amount of AIDOGE that can be claimed).
- 5% of the total AIDOGE is allocated as a prize for parties who invite other users to participate in the AIDOGE airdrop, while supplies last.
- Unclaimed tokens will be allocated for future uses such as long-term protocol development, rewards for early and long-term community supporters, and token burning.
AIDOGE Token Features
- Deflation
- Potential passive income through staking
- Used for Lucky Drop
- Used for AICODE Mining
- Used to purchase AI NFTs
- Used for future development
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AICODE Token Tokenomics
AICODE is a unique code that controls ArbCity operations. Just as petroleum is a vital resource for industry, this code has a crucial role in the world of AI. AICODE will be used across the ArbDoge AI lineup, including:
- NFT Acquisition
- Determination of value and income distribution in AIFI (ArbDoge AI Financial Infrastructure)
- Governance
- And there are many other important aspects
Also read: How will Arbitrum Change Ethereum L2 and ARB Price?
Contract Address
- Arbitrum: 0x7C8a1A80FDd00C9Cccd6EbD573E9EcB49BFa2a59
- Ethereum: 0x10B3AAF66D90Cb54fca62Dd37d17022555399EE1
- New AICODE: 0x2823f231B8b7121c4bA6B6c0cEEF37b6a5bDa547 (Arbitrum)
Total Supply:
There are 21,000,000 AICODE tokens in total. Initial circulation is capped at 30%, which is around 6,000,000 tokens.
Existing AICODE holders can exchange their tokens for new AICODE via the official ArbDoge AI website. The exchange ratio is about 1:6.
AICODE Distribution:
AICODE token distribution is divided into several parts:
- 40% Burning Mining: Part of AICODE (40%) will be burned immediately. As much as 20% is allocated to AICODE stakers, and the remaining 40% is deposited into community treasury.
- 40% Trading Mining: This portion is allocated to the Trading Mining program.
- 10% AICODE Staker: Used to reward AICODE stakers.
- 10% Community Cash: Used to provide early stage liquidity rewards.
Please note, information regarding tokenomics can change at any time. Make sure you always check the official ArbDoge AI website for the latest information.
How to Get AICODE
Burning Mining
Sixty percent of the total token distribution (12,600,000 tokens) was obtained by burning AIDOGE tokens. Users who burn AIDOGE will receive AICODE proportionally.
Trading Mining
40% of the total token distribution (8,400,000 tokens) is earned by trading AIDOGE on Camelot DEX with a minimum of $500. Eligible users will receive AICODE proportionally based on their daily AIDOGE purchase volume.
Truth AIDOGE NFT
The Truth AI-DOGE NFT Collection is the result of a collaboration between AIGC, the community, and Arbdoge.AI. This marks the first NFT collection released by Arbdoge.AI.
- Utilization of AIGC Technology: Unlike typical PFP (Picture for Proof) NFT collections, AIDO was created using advanced AIGC (Artificial Intelligence Generated Content) technology, and was developed together with community members. The community actively contributes to increasing value and building the AIDO brand.
- Community First Approach: Community voice and participation is critical in AIDO. Five hundred AIDO NFTs have been exclusively made available to community members to contribute to their creativity.
- Diversity: AIDO characters cover more than 10 jobs and hundreds of characteristics, from technology to religion and from fantasy to reality.
AIDOGE Token Value
As of May 12, 2024, the trading rate of the AIDOGE token is $0.0000000003847. The value of the AIDOGE token is influenced by various factors, including supply and demand.
The overall performance of the cryptocurrency market plays a role, as positive market trends generally push AIDOGE token prices up, while negative trends can result in them falling.
News and developments related to AIDOGE, such as partnerships or important announcements, may also influence the value of the token. Conversely, negative news such as a security breach or decrease in usage can cause prices to fall.
Furthermore, the adoption and trading volume of Truth AI-Doge NFTs may impact the value of the AIDOGE token. It is important to conduct thorough research and understand the risks involved before considering any investment in AIDOGE tokens.
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Conclusion
ArbDoge AI is an innovative project that combines AI with Web3 to create a variety of interesting products. The native AIDOGE token has potential value, but it is important to understand the risks involved before investing.
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Also read:
Arbitrum (ARB): Its Ecosystem and Latest ARB Airdrop
Transactions on Base Soar Beyond Arbitrum and Ethereum!
What is Xai (XAI): Gaming Innovation On Blockchain Arbitrum
List of the Most Popular Ethereum Layer-2: There is a Base and an Arbitrum!
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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