Row 61324

Row ID: 61324 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 61324 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

\> AI token AMA

\> AI generated questions

nice another AMA, instead of asking generic AI-generated questions, ill be basing my questions based off docs and whitepaper stuff. please answer everything in bold, those are my questions.

​

Last time I saw you guys, I asked about tokenomics and how **10%** of supply is reserved for the team, with **80%** of supply to be still determined by DAO and the team. **Why is so much of the supply still in question?**

To me, it raises a lot of doubts about the future of the project. Especially when there is no roadmap or goals, only promises of future developments.

​

In your docs, you say:

>"Notably, the decision-making power is vested not in the hands of token holders, but instead in the platform's **active users**. "

How do you determine an "active user"? If it's someone who buys BAI, and then uses the platform repeatedly, what's **stopping malicious actors from gaming the system** and passing DAO decisions that would be bad for the platform?

​

Intrinsically, the value proposition of your platform is putting AI results on the blockchain. But this comes with huge privacy risks. Obviously, blockchain data is public, and by combing through transactions, I can already see the results of other users. So, **how does BAI deal with potential privacy issues, without risking the "smart contract, dApp to dApp" interaction part of the platform?**

​

Why does $BAI need to exist? In the past AMA, you said it's for payments, **but can't you use any other coin/token?** Supposedly this is to make $BAI not a security, because it makes it a utility coin. So why doesn't BAI use a credits system (like CGPT), where more complex transactions use more credits. **Why is it using a fixed-cost sytem,** whether you input one character or a thousand, it costs the same?

Also, most AI apps allow some sort of free plan to allow users to test the platform. Does BAI also plan to implement a similar plan? **If so, how does it plan to distribute decision-making power (as said earlier), if free users were to be allowed?**

Lastly, the concept of AI on blockchain isn't a new one. Most big AI tokens (RNDR, GRT, FET, etc) use their own blockchain because it makes it cheaper, faster, and more scalable. While BAI is different (AI on smart contracts), **does it have any plans to make itself a mainnet and/or a blockchain solely for itself?**

​

BAI right now just seems to be a front-end to pay for AI stuff with their own token, so I don't see the point in the platform right now, especially when comparing to already-established apps like CGPT.

FieldValue
text \> AI token AMA \> AI generated questions nice another AMA, instead of asking generic AI-generated questions, ill be basing my questions based off docs and whitepaper stuff. please answer everything in bold, those are my questions. ​ Last time I saw you guys, I asked about tokenomics and how **10%** of supply is reserved for the team, with **80%** of supply to be still determined by DAO and the team. **Why is so much of the supply still in question?** To me, it raises a lot of doubt…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-23
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Raw Record

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  "text": "\\> AI token AMA\n\n\\> AI generated questions\n\nnice another AMA, instead of asking generic AI-generated questions, ill be basing my questions based off docs and whitepaper stuff. please answer everything in bold, those are my questions.\n\n​\n\nLast time I saw you guys, I asked about tokenomics and how **10%** of supply is reserved for the team, with **80%** of supply to be still determined by DAO and the team. **Why is so much of the supply still in question?** \n\nTo me, it raises a lot of doubts about the future of the project. Especially when there is no roadmap or goals, only promises of future developments.\n\n​\n\nIn your docs, you say:\n\n>\"Notably, the decision-making power is vested not in the hands of token holders, but instead in the platform's **active users**. \"\n\nHow do you determine an \"active user\"?  If it's someone who buys BAI, and then uses the platform repeatedly, what's **stopping malicious actors from gaming the system** and passing DAO decisions that would be bad for the platform?\n\n​\n\nIntrinsically, the value proposition of your platform is putting AI results on the blockchain. But this comes with huge privacy risks. Obviously, blockchain data is public, and by combing through transactions, I can already see the results of other users. So, **how does BAI deal with potential privacy issues, without risking the \"smart contract, dApp to dApp\" interaction part of the platform?**\n\n​\n\nWhy does $BAI need to exist? In the past AMA, you said it's for payments, **but can't you use any other coin/token?** Supposedly this is to make $BAI not a security, because it makes it a utility coin. So why doesn't BAI use a credits system (like CGPT), where more complex transactions use more credits. **Why is it using a fixed-cost sytem,** whether you input one character or a thousand, it costs the same?\n\nAlso, most AI apps allow some sort of free plan to allow users to test the platform. Does BAI also plan to implement a similar plan? **If so, how does it plan to distribute decision-making power (as said earlier), if free users were to be allowed?**\n\nLastly, the concept of AI on blockchain isn't a new one. Most big AI tokens (RNDR, GRT, FET, etc) use their own blockchain because it makes it cheaper, faster, and more scalable. While BAI is different (AI on smart contracts), **does it have any plans to make itself a mainnet and/or a blockchain solely for itself?**\n\n​\n\nBAI right now just seems to be a front-end to pay for AI stuff with their own token, so I don't see the point in the platform right now, especially when comparing to already-established apps like CGPT.",
  "label": "r/cryptocurrency",
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  "datetime": "2024-05-23",
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Entry Information