Shocking 121% Pump: Explosive Crypto AI Gem

AI is one of the big narratives for 2024. It’s in good companionship with, for instance, RWA, modular chains, and DePIN. The combined marketcap of AI protocols went up by 35% over the last 7 days. That’s an amazing $17.4 billion.

Currently, AI is in its early stages. There’s still lots of room for improvement among the various projects. But, undeniably, it will take its place in our lives sooner or later. More, as it does today. ChainGPT is one of the players in AI and an AI gem. The platform started out with various AI related features. However, recently, it also started a launchpad. That’s what I like to examine a bit closer today for this Ai gem.

1) What Is ChainGPT?

ChainGPT is a young project. Its founder and CEO, Ilan Rakhmanov, only started the platform in April 2023. Ever since, this AI gem has been making waves. Small ones in the beginning and bigger ones now. Who knows how big they will be in the future?

Let’s take a look at what AI powered features and services the platform offers. For example:

  • Chatbot: You can use this for research or as a trade assistant.
  • NFT generator: An automated process of generating and minting NFTs.
  • AI generated news: Well, this speaks for itself.
  • Solidity smart contract generator & auditor: Makes creating and auditing smart contracts simple.
  • SDK & API access: An SDK is a software development kit. An API allows Dapps to talk with each other.
  • Trading assistant: Analyze cryptocurrencies within seconds with advanced AI algorithms.

So, plenty of great features and products that are useful and helpful. The platform aims to integrate AI into the system of all sectors that are part of Web3. However, one product I haven’t mentioned yet. That’s because I would like to focus on this. It’s their launchpad. So, let’s take a closer look at this.

2) What Is the ChainGPT Launchpad?

The ChainGPT launchpad also serves as an incubator. Incubators take crypto start-ups by the hand. They guide them through their first steps in the crypto space. That’s until they can walk on their own. 

This help can be in various ways. For example, with:

  • Product development.
  • Marketing.
  • Capital and funding.
  • Operations — This allows projects to connect to key advisors.
  • Market presence. Listing on CEXes or deploying liquidity pools on DEXes.

ChainGPT has a dedicated incubation program. It currently has 9 projects live on its pad. One launched yesterday, with eight coming up soon. These include, for instance:

  • Dechat — Launched 23rd February, it’s a decentralized SocialFi project.
  • Weave6 — It offers an omnichain asset trading infrastructure. Registration closes on the 24th February.
  • Beoble — A Web3 social platform that offers decentralized wallet-to-wallet communication. This is an exclusive IDO. Registration started on the 23rd February.

There are another six in the pipeline. Recent sales that already ended include, for example:

This shows that ChainGPT knows how to pick projects.

3) How Can You Take Part in an IDO

ChainGPT has a point system in place for taking part in one of their IDOs. You can earn points by staking their $CGPT token. The more you stake, the higher your potential allocation will be. For this, there’s a tier system in place. But, first things first, you will need to start with a KYC process. This can take up to 2 days before it’s processed. 

The next step is to buy the $CPGT token and stake it. You can buy it on exchanges like KuCoin, Gate, MEXC, or Pancakeswap. The current $CGPT price is $0.3757. On their launchpad page, there’s also a staking button. That’s where you can stake your $CGPT tokens. 

Staking $CGPT

There are four different staking pools. They vary in duration and multipliers. From 45 days with a multiplier of 1x to 365 days with a multiplier of 2x. The APR ranges from 1% to 8%. So, it’s simple, the more and the longer you stake, the higher your allocation will be. The aim is to gather points. Staking 1 $CGPT is also 1 tier point. So, that’s where the multipliers serve their purpose. This tier system has 4 different levels:

  1. Bronze — The entry level. This requires at least 2,000 points or more. It can give access to the first FCFS round, but it’s not guaranteed.
  2. Silver — The 2nd level tier. You need at least 20,000 points. This qualifies you for rounds 1 and 2. A guaranteed round and the FCFS round.
  3. Gold — the 2nd highest level. Here you need at least 50,000 points. This qualifies you for the guaranteed and the FCFS round. However, you also have access to private and crowdfunding sales. There are more exclusive privileges for airdrops from incubated projects.
  4. Diamond — The highest tier. This tier requires 200,000 points. It has a few extras compared to the Gold level. For example, it includes NFT airdrops from partner networks. It also gives access to a private group for private sale access. 

Are you also as excited about AI gem as I am? 

Coins

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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