BAI Token Sale is here!

BAI
5 min readMar 19, 2024

About BAI: Unlocking the Potential of Blockchain and AI with BAI

In the rapidly evolving digital landscape, the convergence of blockchain technology and artificial intelligence (AI) is unlocking unprecedented opportunities. At the forefront of this revolution is BAI, a groundbreaking project that seamlessly integrates these two powerful technologies to offer a suite of tools accessible through a web UI or by smart contract with a callback system.

This initiative is not just about technological innovation; it’s about creating a decentralized, user-empowered platform that transcends traditional boundaries.

By supporting multiple blockchains:

Waves: https://waves.blockai.dev
Polygon: https://polygon.blockai.dev
BNB Chain: https://bnb.blockai.dev

BAI is setting a new standard for flexibility and accessibility in the blockchain and AI domains.

A New Era of Tokenomics: The $BAI Token

Central to the BAI ecosystem is its native token, $BAI (Blockchain AI), designed to serve as the key utility token within the platform. The introduction of $BAI marks a significant milestone in the project’s journey, encapsulating a vision for a decentralized, equitable ecosystem that leverages tokenomics to empower its users.

Read our whitepaper to learn more about our tokenomic and plans: https://blockai.dev/files/whitepaper.pdf

Acquisition: The Path to Early Support

In an exciting development, BAI has opened its private sale to early supporters, offering the $BAI token at a price of $1 per token.
Participants in this early phase will receive a 10% bonus in tokens on the total amount purchased, with this bonus being released after a six-month locking period. This initiative not only allows early adopters to gain an advantageous position but also plays a crucial role in the project’s development trajectory.

Private sale registration open until March 31

The private sale is set to conclude on March 31, paving the way for a strategic marketing campaign aimed at raising awareness ahead of the public sale scheduled for the end of April. It’s worth noting that out of the 500,000 tokens available for the first year, 120,000 have been allocated to the Waves DAO, which leaves only 380,000 tokens available for acquisition during the private and public sales.

Register now to the private sale to get a 10% bonus:
https://blockai.dev/#private_contact_form

Interested parties are invited to register for the private sale by filling out a form on the BAI website, ensuring their addresses are whitelisted for the purchase on their selected network.

Supported Networks and Assets:

  • Waves: USDT, USDC, Waves
  • Polygon & BNB: USDT, USDC
Public sale is planed to start by end of April

Utility: The Gateway to Innovation & Community Empowerment

The $BAI token is at the heart of the BAI project, serving as the utility token that enables access to a wide array of services.

This includes:

  • Text & Chat: supporting platforms like ChatGPT, Orca, and Google Gemini 1.5.
  • AI Image Generation: featuring Dall-E 3 and Stable Diffusion 2.1 to generate any kind of images.
  • Video Summarizer: A custom BAI feature designed to summarize any YouTube video.
  • AI Discussion: A custom BAI feature that enables two AI instances to discuss a given topic.
  • AI Brainstorm: A custom BAI feature that allows five AI instances to brainstorm about a given subject, generating the results as a MindMap.

Moreover, this is only the beginning.
The BAI platform is committed to regularly introducing new features and enhancements, guided by the wishes and votes of its users through the DAO. This ensures that the platform not only remains at the cutting edge of technology but also truly serves the needs and desires of its community, fostering a vibrant, participatory ecosystem.

The more users engage with the platform, utilizing its services through the Web UI or the Smart Contract dapp-to-dapp callback system, the more they enhance their voting power within the BAI DAO. This system not only incentivizes active participation but also ensures that the project remains aligned with the community’s evolving needs and preferences.

A Balanced Approach to Token Supply

Understanding the pitfalls of uncontrolled token distribution, BAI has meticulously designed its tokenomics for sustainability and equity:

  • Initial Minting:
    A total of 10,000,000 $BAI tokens will be initially pre-minted, with a carefully planned release schedule over several years to ensure a steady market supply.
  • Controlled Release Plan:
    To mitigate rapid price volatility and market manipulation risks, the first-year sale will offer 500,000 tokens at a fixed price of one dollar each. Subsequent years will see a gradual decrease in the number of tokens sold — 300,000 in the second year and 200,000 in the third, at market prices.

Long-term Commitment & Community Involvement

  • Development Team Incentives:
    1,000,000 tokens are reserved for the development team, to be disbursed after three years, ensuring long-term dedication and innovation.
  • Community Decision-making:
    The potential utilization of the remaining 8,000,000 tokens will be determined by both the project team and the community, embodying the principles of decentralization and user empowerment.

Moving Forward

As BAI continues to break new ground, its fusion of blockchain and AI with a user-centric approach represents a beacon of innovation in the digital world. The project’s thoughtful tokenomics exemplify a commitment to long-term success, community involvement, and the democratization of technology. As we stand on the brink of a new digital era, BAI invites us to reimagine what’s possible.

Private Sale Terms and Conditions:
https://blockai.dev/files/Token-Sale-Terms-and-Services.pdf

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