What Is ChatFi?

ChatFi is a web3 app that integrates powerful OpenAI models, with the goal of becoming a web3 app in the AI field with millions of users.
ChatFi aims to target the huge mobile internet market that has yet to be developed under the powerful OpenAI models, much like how the search engine giant Google gained a massive market from the mobile internet, and AI-based search has only just begun. Beginning with OpenAI's powerful technology, coupled with web3's privacy technology, ChatFi will be committed to serving AI landing scenarios, allowing users to use the convenience of AI with more peace of mind and comfort, without worrying about data security issues.


$CHAT is the native utility token that is used for:

- Staking and Governance of ChatFi DAO
- Chat-to-Earn and Chat-to-Learn
- Premium AIGC Integration
- Customized Payment System

ChatFi Features include: 

- Smart conversations
- Personalized recommendations
- Crypto incentives
- Protecting privacy
- Sharing platform
Overall, ChatFi is a unique and exciting new way to have conversations, get personalized recommendations, and earn rewards for your contributions, all while protecting your privacy. 
How Many $CHAT Coins Are There in Circulation?

$CHAT launched its IDO on April 27, 2023 with 735,000 $CHAT tokens. 
- Private: 4.50% of the tokens will be allocated to private investors, with 100% of these tokens being available at the time of token generation event (TGE).
- Public: 20% of the tokens will be allocated to public investors, with 100% of these tokens being available at the time of TGE.
- Ecosystem: 30% of the tokens will be allocated to the ecosystem, with 2% of these tokens being available at the time of TGE and the remaining 49% being distributed linearly over 49 months.
- Liquidity Staking&MM: 20% of the tokens will be allocated to liquidity staking and market making, with 25% of these tokens being available at the time of TGE, a 2-month cliff, and the remaining 20% being distributed linearly over 20 months.
- Marketing&Partner: 6.50% of the tokens will be allocated to marketing and partners, with 5% of these tokens being available at the time of TGE and the remaining 19% being distributed linearly over 19 months.
- Team: 15% of the tokens will be allocated to the project team, with 11 months of a cliff period where no tokens will be distributed, and the remaining 18% being distributed linearly over 18 months.
- Reserve: 4% of the tokens will be allocated to a reserve, with a 3-month cliff period where no tokens will be distributed, and the remaining 18% being distributed linearly over 18 months.

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