## What Is Image Generation AI? (IMGNAI)

imgnAI is building a new leader in consumer AI. Their flagship product, Nai, is a popular AI-powered text-to-image app currently live on Telegram, Discord, and via Web. imgnAI empowers users of all skill levels to access the latest innovations in consumer AI and explore their imagination.

## Who Are The Founders Of ImgnAI?

The ImgnAI team are crypto native; their goals are to pioneer new consumer-grade AI, and to push the boundaries of what AI-based image-rendering technologies like Nai can do. In the long term, ImgnAI hopes to make Nai more user friendly so that their users can better enjoy the time they spend creating AI-based art, and to develop new and exciting AI-based technologies.  

The ImgnAI development team specialises in cryptocurrency, smart contract, and web development, as well as Machine Learning & Artificial Intelligence. No information about the team’s real identities is publicly available, but they interact with their community via Twitter, Telegram, and Discord.

ImgnAI’s product roadmoap involves three phases. Phase 1 was the pre launch, where the team raised liquidity from investors to launch the $IMGNAI token. Phase 2 saw the team incoroporate text-to-speech functionality into Nai, improve the image render quality, launch some new in-house models, and upgrade the tech stack. And in Phase 3, the team hopes to announce its first major partnership, introduce Nai Premium, and launch the $IMGNAI token staking and revenue sharing. 


## What Makes ImgnAI Unique?

ImgnAI will soon provide $imgnAI token holders with a share of its revenue using a simple stake-to-earn model. Those who lock-up their tokens will be eligible to share any revenue generated from paid advertising slots on the Nai bot, the web app, NFTs, and from any paid partnerships.


#### Related Pages

Check out [SingularityNET](https://coinmarketcap.com/currencies/singularitynet/) (AGIX) — a blockchain-powered AI marketplace platform.

Read more about [Fetch.ai](https://coinmarketcap.com/currencies/fetch/) (FET) — an AI lab building a decentralized machine learning network.

Learn more about [Ocean Protocol](https://coinmarketcap.com/currencies/ocean-protocol/) (OCEAN) — a blockchain-based ecosystem that allows users and businesses to monetize and unlock the value of data.

Check out the list of top tokens in the [Artificial Intelligence (AI) sector](https://coinmarketcap.com/view/ai-big-data/).

Learn more about crypto basics on [CMC Alexandria](https://coinmarketcap.com/alexandria).

Find out more about blockchain with [CMC glossary](https://coinmarketcap.com/alexandria/glossary).


## How Many $IMGNAI Are In Circulation?

As of Feb. 7, 2023  the ImgnAI team reported that there are 750,000,000 $ImgnAI in circulation, and a maximum supply of 1,000,000,000  tokens.  20% of the token supply is locked via FlokiFi, down from 25%. This 5% was used to onboard key partners to ImgnAI.

$ImgnAI is primarily a utility token, which can be used to unlock premium features in the official web app - like HD & 4K resolution, upscaling, remixing and exclusive models. It can also be used to mint images directly as NFTs.

The $ImgnAI team is offering access to unreleased beta models to community members holding at least 100k $imgnAI. You can verify for beta via collabland using the links below.


## How Is ImgnAI Secured?

ImgnAI is based on Ethereum, which is secured by a [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) (PoS) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism) that requires validators to stake 32 ETH to secure the network. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.


## Where Can You Buy $ImgnAI?

As of Feb. 7, 2023, $ImgnAI is listed on numerous decentralized and centralized exchanges, including [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/), [Bitget](https://coinmarketcap.com/exchanges/bitget/), [MEXC](https://coinmarketcap.com/exchanges/mxc/), [LBank](https://coinmarketcap.com/exchanges/lbank/) and [OpenOcean](https://coinmarketcap.com/exchanges/openocean/).

Image Generation AI

Ethereum

Shiba Inu

Chainlink

Uniswap

UNUS SED LEO

MAGA VP

QORPO WORLD

Ternoa

Three Protocol Token

MILC Platform

CateCoin

Newscrypto

Ambire Wallet

NvirWorld

Chainflip

Privapp Network

csas (Ordinals)

IX Swap

Digital Financial Exchange

Myria

HELLO Labs

Nakamoto Games

DeepBrain Chain

Wilder World

SingularityNET is a blockchain-powered platform that allows anybody to easily "create, share, and monetize" AI services, thanks to its globally-accessible AI marketplace.

Through the SingularityNET marketplace, users can browse, test and purchase a huge variety of AI services using the platform’s native utility token — AGIX. Moreover, the marketplace represents an outlet AI developers can use to publish and sell their AI tools, and easily track their performance.

With the benefits of LLMs and generative AI are increasingly exciting, their limitations are also becoming increasingly apparent. The convergence of structured knowledge with neural networks is emerging as the key to overcoming their shortcomings.

Uniquely positioned at the heart of this convergence, SingularityNET will prioritize the integration of Knowledge Graphs (KGs) and comprehensive Neural Symbolic tools for LLMs, with the goal of empowering developers to create the next generation of AI systems on the SingularityNET Platform.

SingularityNET is strategically positioned to become the Knowledge Layer of the Internet, leading the evolution of the emerging AI landscape while also laying the foundations for the Artificial General Intelligence (AGI) of tomorrow.

The team behind SingularityNET pioneered the development of an AI known as Sophia, which is described as the "world's most expressive robot". SingularityNET’s goal is to enable Sophia to be able to fully understand human language, and continue developing “OpenCog” — an AI framework that is hoped to eventually achieve a state known as “advanced general intelligence,” i.e. human-level artificial intelligence (or beyond).

The platform was first announced in 2017 and completed an initial coin offering (ICO) in December the same year, raising $36 million in just one minute.

SingularityNET

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.

Verasity

Vulcan Forged is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.

PYR  is the native utility token that is used for:

Fees for marketplace settlement

Staking in VulcanVerse land and other assets

Upgrading and sustaining game asset levels

Play-to-earn rewards

Access to our game developers and NFT dapp incubation program

Vulcan Forged Platforms and games include:

*VulcanVerse, a Grece-Roman fantasy metaverse made up of 10,000 plots of land

Anvil, a crypto-less and gas-free NFT engine for easy game and dApp onboarding

Vulcan Market, a gas free NFT marketplace for all Vulcan Forged games

Berserk, an NFT online TGG

Frenzy, a create-your-own tournament platform with PYR as it’s reward token.

Vulcan Forged (PYR)

Ocean Protocol

Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy. Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global network of data. The Fetch.AI model is rooted in  use cases like optimizing DeFi trading services, transportation networks (parking, micromobility), smart energy grids, travel — essentially any complex digital system that relies on large-scale datasets.

Fetch.ai

UniBot

AIOZ Network

Akash Network

Bittensor

SingularityDAO

PlatON

Echelon Prime

RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 – May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token.
During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.

Render

MAGIC is the utility token that connects gaming communities in the Treasure Metaverse: a decentralized NFT ecosystem which sits on Arbitrum, one of Ethereum’s Layer 2 scaling solutions.

MAGIC is a cross-game currency that connects games, players, metaverses, and communities, all within Web 3.0. The token was launched in September 2021 so its community could buy and sell in-game NFTs on Treasure. It also acts as a reserve currency for Treasure’s metaverse.

Players can earn MAGIC tokens by gaming, mining, and participating in Bridgeworld, Treasure’s flagship game. Treasure now hosts twelve other games on its platform, some of which allow you to use and generate MAGIC tokens like in Bridgeworld. These include Beacon, a free-to-play fantasy action rogue-lite RPG; and Realm, a world-building and exploration game.

Treasure

Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features.

To learn more about this project, check out our deep dive of Illuvium.

The world of Illuvium is inhabited by creatures known as Illuvials, who can be captured by players that best them in battle and nurse them back to health. From then on, they become a loyal part of the player’s collection and can be used when battling other adventurers as part of Illuvium’s auto battler gameplay.

The game is a fusion between an open-world exploration game and a PVP battle game. Players can spend their time exploring the expanses of the game world or building up their team of powerful beasts.

Illuvium has been in development since 2020, and is being built by a worldwide team of more than 40 individuals, including the co-founders; serial entrepreneur and early cryptocurrency adopter Kieran Warwick, and experienced game designer Aaron Warwick, who are brothers. (And who are coincidentally also the brothers of Kain Warwick, the co-founder of DeFi platform Synthetix).

The ILV token has a number of uses within the Illuvium ecosystem. It’s the main token used to reward players for their in-game achievements, entitles players to their share of the Illuvium Vault and is used for participating in the governance of the game via the Illuvium decentralized autonomous organization (DAO).