## Overview

Meromai is a human-powered AI platform based on Open Source models, running on a globally distributed network. Participants receive points for submitting prompts, curating responses, and providing computing power. Points can be converted to $AIMR tokens. The resulting AI models will be included in apps to help people work, shop, play and interact with the world. 

### Background

ChatGPT changed the world of AI in the fall of 2022. AI quickly became dominated by large corporations running closed, costly, and proprietary infrastructure. In early 2023, we formed Meromai to become a decentralized alternative to the corporate dominance of AI

During Epoch I, which began in June 2023, the Meromai team designed and built a vertically integrated, decentralized, human-powered Open Source AI platform. The team then pioneered Human-Powered AI, crowdsourcing the curation of Open Source AI data sets for applications across a broad range of topics, with thousands of participants. This was the first major step in MeromAI’s mission to democratize AI networks away from large corporations and into the hands of the global community.

### Tokenomics 
The $AIMR utility token, with a max total supply of 1 Billion, is designed to incentivize participation in the MeromAI decentralized AI platform.
The $AIMR token is now available. There was no pre-mining, no private token sale, no KOL round, and no ICO.
The initial liquidity of 100 Million $AIMR was evenly split between the Ethereum and Base blockchain networks with a low Fully Diluted Value (FDV) of $800,000 to facilitate a fair launch. This approach was used to combat low float / high FDV launches that have removed the opportunity of price discovery for the community, leading to skewed and unfair distribution. For the $AIMR token, we believe our approach was another crucial step towards becoming the largest community-owned, decentralized AI stack based on Open Source in the world.
Emissions are reserved exclusively for work within the Meromai stack, and will be awarded over 8 years through all major phases of the Meromai Roadmap, including: 
- AI training on Open Source models
- Decentralized Physical Infrastructure Network (DePIN) participation
- AI Agent Development
- Other interactive means that increase the decentralization of and access to Meromai multimodal AI models

A contribution of $AIMR tokens will typically be required to participate in activities and earn emissions.

### Rollout

- Epoch 1: Build Meromai AI Infrastructure Platform (complete)
- Epoch 2: AI Training (internal and external) for $AIMR rewards
- Epoch 3: Meromai DePIN Participation for $AIMR Rewards
- Epoch 4: AI Agents, Tools and Interfaces Development for $AIMR Rewards
- Epoch 5: Rewards switch to combination of $AIMR and Meromai platform fees
- Epoch 6: Majority of $AIMR Rewards in Meromai platform fees

### Details

- 5% of all Meromai Participation Contributions will be burned (expected 2.4%/year burn) for 8 years = 192m
- To protect the Meromai Community and its long-term vision, it may periodically be necessary to temporarily impose participation caps to limit emissions.
- Each users' continued participation depends on the quality of their content, including prompts, responses, labels, ratings and tags.
- Meromai participation is Contribution-based. The Contribution amount subject to change
- The Points Reward to $AIMR ratio is based on many factors, and is subject to change

MeromAI

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Pepe

Bonk

Immutable

Ondo

Gala

Bitget Token

Maker

MANTRA

Lido DAO

The Sandbox

Ethereum Name Service

HGEN DAO

FUTUREXCRYPTO

UNIUM

IX Swap

sudoswap

Doric Network

GSENetwork

Jinbi Token

Future1coin

MobilinkToken

Ruff

CMITCOIN

Hyper Pay

YUKI

Obitan Chain

MyToken

QuadrantProtocol

JOOPS

Aeron

KingXChain

MiL.k

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The platform is built and utilized by Blocko, the Samsung-backed South Korean blockchain technology company that, according to Korean media sources, has deployed production blockchain solutions for large-scale clients including Lotte Card, Shinhan Bank, Korea Exchange, Hyundai Motors, and more.