What is AI District?
AI District is a next-generation 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.
- Community Rank by NFT owned: Members can purchase a community rank assigned through an NFT that is minded at choice. The ranks are minted in a limited quantity and include Senators, Deputy, Parliament Members, and others. Ranks provide members with varying levels of voting power and influence in the project.
- DAO Voting: Members can participate in DAO voting by staking an X amount of tokens and owning a 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 that are collected through our smart contract are used for potential investment into the delegated AI project. The delegated project has to pass a proposal, vote and AI risk verification and potential reward. This creates an opportunity for a new token, AI District Index Fund, which is obtained through staking in the DAO, as a DAO voter or rank owner you will have the potential to boost and obtain more Index Fund tokens.
- 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 will reflect the overall performance of the AI projects invested in by the community. If the Index Fund has a total of 2 tokens and their cumulated price is $2 the value of the Index Fund will be also $2.
- Staking: Members can earn rewards by participating in staking and contributing to the growth of the AI District community.
- AI Community Hub: AI District is designed to serve 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. The marketplace provides a platform for members to monetize their AI skills and innovations. AI Marketplace will be available only for AI District token holders.
- AI Analytics: The project provides a suite of AI analytics tools to help members make informed decisions about AI projects and investments. Members can access real-time data and insights about the performance of AI projects, as well as the broader AI market.
In conclusion, AI District is a community-driven platform that leverages the power of AI and blockchain technology to create a vibrant and collaborative ecosystem for the AI community. Members can participate in AI research and development, earn rewards through staking and investment, and enjoy a range of community-driven benefits and services.