Tokenomics

The Token distribution model was developed in compliance with important criteria, which prevent a single person getting most of the coins, as well as attract a large number of participants to the project. Early development stage offers a reward program for developers (Bug Bounty), as well as marketing token distribution for those who are involved and supporting the project.
As the project advances, an inflationary mechanism has been set, providing an annual increase of 3.68% per year. The final supply of coins is limited to 3,141,592,653.
In the initial Token distribution, blockchain projects distribute their tokens to four main groups: the general public, their communities, insiders and their own foundations. General public refers to everyone who is interested in investing in the project, when the community consists of users, who are passionate about the project and help it succeed. Insiders are essentially the founding team, consultants and venture investors. The foundation is usually a non-profit organization that manages the project in one way or another.

DeenAiR is an open and decentralized AI network integrated with Blockchain. The collaboration between AI developers, data providers, enterprises and infrastructure providers enables Deenair to introduce and streamline the usage of new intelligent algorithms and services. The network, running the protocol, handles the storage of metadata (i.e., who owns what data), references to the data itself and much more. The protocol allows you to build thousands of marketplaces and crypto exchanges, which will have access to the same data.

Developers offer their services on this network, where they can be used by any user with access to the Internet. Developers may charge fees for using their services.

The services provide model training in many areas such as image, video, speech, text, time series, network analysis, and so on. Services can be as simple as wrapping a well-known algorithm, a complete end-to-end solution for an industrial problem, or a standalone AI application. Developers can also deploy standalone AI agents that interact with other services on the network.

Graphic processing units (the GPUs) have always been favored in cryptocurrency mining due to their higher power potential compared to CPU. Since GPUs offer processing power and the ability to execute more "instructions per clock", their potential is much higher. While CPUs were originally used for cryptocurrency mining, GPUs quickly proved to be more efficient.

After the merger of Ethereum and the transition to PoS, huge computing power turned out to be not required anymore. Mining profitability dropped to an all-time record low as soon as the merger took place. Not only did it become impossible to make money from mining after the merger, but also the miners began to operate at a loss due to the cost of electricity. The effect was almost instantaneous. DeenAiR allows you to get rewards for using this computing power, which helps in training AI models. The amount of remuneration will be balanced to obtain the greatest benefit for all participants, both for the provision of computing power and for developers of AI services.

Blockchain network participants are directly connected to each other, bypassing third parties. Imagine Airbnb as a DAO. Contacts between hosts and travelers will be based on smart contracts through which they can directly transact with each other. Such an AI DAO will work in accordance with its smart contracts. It will be able to perform only those actions that are specified in these smart contracts. With optimal AI management, DAO will be able to take over development at some point because it is designed to learn from data to optimize itself much more efficiently than human design could.

Combining blockchain and AI could enable data to be used in ways previously thought impossible. Data is a key ingredient for developing and improving AI algorithms, and blockchain secures that data, allows us to verify all intermediate steps taken by AI to draw conclusions from the data, and permits people to monetize the data they receive. AI can be really groundbreaking, but it should be developed with the utmost care – and blockchain is quite the thing to do so. At each of the stages, except for the ICO, indicated below, there will be a vesting period - vesting rights - 12 months. This is necessary to avoid unethical actions on the investors' part.

Schedule allows users to know the amount of tokens in circulation now and in the future, ensuring that new tokens cannot be issued without special procedures or community approval. The supply limit indicates the maximum amount of DeenAiR token that can be circulated, which results in increased value in our economic ecosystem in the long term and creates incentives for rewards to be reinvested back into the network. Since a correctly calculated model requires an increase in the money supply (tokens) to support the growth in value, including due to a small initial number of transactions within the system in the early stages of its development, this will also ensure stability and predictability within the system.