## 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

Uniswap

The Sandbox

Pepe

Render

MANTRA

Artificial Superintelligence Alliance

Bitget Token

Maker

Quant

FLOKI

Axie Infinity

R-DEE Protocol

Panther Protocol

csas (Ordinals)

Nostra

Xodex

Doric Network

Hyper Pay

Cloudbric

Jinbi Token

Wrapped Astar

Humaniq

JOOPS

BoutsPro

QuadrantProtocol

Roobee (ROOBEE) is a blockchain-based investment platform that allows users to invest in products from both the traditional and crypto markets. The platform is under active development and is already operational. Behind the platform is a team of developers who won prizes in hackathons, including the 2017 and 2019 ETHWaterloo hackathons held in Canada by ETHGlobal.

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ROOBEE

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MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

Wrapped EGLD

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As of April 2023, over 8M Safe accounts have been created, making >40 million transactions. The open-source contracts are battle-tested and have been formally verified and audited multiple times. There have been no critical security incidents since Safe was deployed in 2018 and Safe remains the benchmark of security in the industry.

Safe

0xBitcoin

PlatON

Validity

Ruff

Aleph.im is an open-source crosschain network featuring decentralized database including file storage, computing, and a decentralized identity (DID) framework. Aleph.im’s core mission is to help decentralized apps and protocols strip off the centralized parts of their stack, achieving a fully decentralized architecture. You can think of aleph.im as a decentralized AWS or firebase. Aleph.im is focused on supercharging the DeFi ecosystem.

Aleph.im

YFDAI is an entire permission less DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts.  Whereas other DeFi protocols rely upon minting new tokens to sustain their staking and farming rewards, YFDAI has allocated tokens for these products which will be replenished with fees generated by the ecosystem. YFDAI also has a deflationary burn mechanism built into the platform that will ultimately reduce the total supply to just 13,950 tokens.

YFDAI’s mission is to clean up the DeFi space by de-risking the purchase of new projects by performing due diligence vetting and requiring adherence to the same protocols that YFDAI itself adhered to on their launch.  YFDAI’s motto is ‘no more exit scams or rug pulls.’