The rise of artificial intelligence (AI) is bringing dramatic changes to technology fields around the world, where if implemented, it automates systems for greater efficiency and performance.
From the comfort of your cell phone and in multiple fields, AI is continuously providing high-performance and accurate system work with efficiency, while playing an important role in helping humans work better without the help of humans.
Since its inception, there is no doubt that the algorithm and success of AI are data-driven, and currently, many big companies and tech players such as Meta, Google, and Amazon earn thousands and billions of dollars by monetizing users’ AI data.
What is CryptoGPT?
The CryptoGPT ($GPT) token on Bitfinex has revolutionized the AI world by decentralizing the data industry and giving billions of users around the world, including Africa, full control of their own AI data and the freedom to monetize that data as they live their daily lives, creating a sustainable revenue stream.
— Bitfinex (@bitfinex) March 10, 2023
CryptoGPT is the dedicated Layer 2 blockchain built to create trillion-dollar data and drive the AI revolution. The blockchain hosts applications with over 2 million active users, making it one of the largest blockchains at launch. This innovation uniquely merges blockchain technology with AI and offers an ecosystem that treats data as an asset class.
CryptoGPT, a cryptocurrency token built on an Ethereum platform, is the first multi-value gas token of its kind and is in demand as fuel for network transactions.
It is replete with value funnels from validator bets, cash flow from core products, and the power of commission treasury that can be deployed for liquidity events such as buybacks, burns, and/or extended yield.
By creating an ecosystem that incentivizes users to earn crypto tokens and avoid constant inflation, CryptoGPT allows users to capitalize on their data through its versatile $GPT token.
As much as CryptoGPT ends up decentralizing data, the $GPT token is a good investment because users can amass significant amounts of it by using the ecosystem’s applications and making referrals.
This makes CryptoGPT the first sustainable “for-win” ecosystem that pays users for contributing data that is then sold on the global data market.
CryptoGPT, unlike most participants in the AI boom, entered the market with a compelling value proposition that sets it apart. Let’s now take a moment to explore the unique features of CryptoGPT that set it apart from others.
Scalable in Layer 2 protocol
Historically, blockchains have struggled to achieve scalability and maintain a high degree of trust for use cases that require high speed and low cost.
Unlike other AI-powered blockchains, the newly emerged CryptoGPT is a unique blockchain specifically dedicated to AI developments that uses ZK Rollup technology, enabling private, secure, and scalable transactions.
It also supports the Ethereum Virtual Machine (EVM), making it scalable in a Layer 2 protocol by moving computation and state off-chain, while storing data in batches clustered on-chain.
Unique EVM support makes the protocol open to massive codebase libraries, enabling easy and fast onboarding of developers and users. Integrated with AI engines, data is collected, processed, encrypted, and packaged for commercial applications.
Truly distributed (decentralized)
The CryptoGPT token architecture at Bitfinex is carefully and specially designed to be a highly protected network uncontrollable by centralized influence.
The mining model and security are aligned with activity and network security increases in parallel with adoption. The truly distributed nature of CryptoGPT makes it an easily trusted protocol.
Immensely scalable, ultra-low-cost transactions combine with empowering infrastructure – data capsules, AI tools, connectable profit launcher – to create a blockchain that can expand the capabilities of the global economy with the AI economy.
CryptoGPT ($GPT) token use cases
Currently, AI is used for different purposes and in different fields such as virtual assistants or chatbots, healthcare farming, security and surveillance, logistics, fashion shopping and farming, and agriculture. CryptoGPT has an ecosystem of millions of daily app users with more than 20 apps in these fields, as well as in lifestyle, music, dating, travel, and gaming.
Why you should invest in a CryptoGPT ($GPT) token on Bitfinex
The CryptoGPT ($GPT) token is a new cryptocurrency and Bitfinex is one of the first exchanges to list $GPT. CryptoGPT token now available on Bitfinex is designed to unlock a new source of data revenue for users and is available in various consumer applications with over 2 million users and developers on board in lifestyle, music, gaming, fitness, dating, travel, education apps and much more.
Bitfinex is an OG exchange trusted by whales and sophisticated investors alike for its security, liquidity, and functionalities. It is one of the few exchanges worldwide with new token listings and initiatives in promoting financial freedom to nurture the crypto community as a whole.
Why choose an exchange that has not stood the test of time and market turbulence? As one of the oldest exchanges, Bitfinex is known for its robust service and security during all market environments, bull and bear markets, for over 10 YEARS! Many exchanges are known for collapsing or disconnecting when volumes increase or price moves rapidly. Bitfinex is known for its solid service in all market environments.
The $GPT token offers many possibilities to its users, as it can be used to power various transactions on the CryptoGPT network. Some of the use cases for the $GPT token include:
Data monetization: Users can monetize their own data by contributing to the CryptoGPT network and earn $GPT tokens in return.
Transaction fees: $GPT tokens are used to pay transaction fees on the CryptoGPT network.
Validator staking: Validators on the CryptoGPT network need to stake $GPT tokens to participate in the validation process and earn rewards.
Rewards and burns: The CryptoGPT treasury can use $GPT tokens for buybacks and burns, which can help reduce the supply in circulation and increase the value of the token.
Yield farming: Users can earn $GPT tokens by providing liquidity to various pools on the CryptoGPT network.
CryptoGPT has revolutionized the AI industry by creating a sustainable ecosystem that incentivizes users to monetize their own data. The $GPT token offers many possibilities for its users, from fueling transactions to earning rewards through validator staking and performance farming.
With its unique features, such as its Layer 2 protocol scalability and its truly distributed nature, CryptoGPT is poised to become a major player in the AI industry.
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