Credit System
The Credit System plays a crucial role in ensuring long-term sustainability. The ultimate objective is to gradually decrease the cost of using the AI services, eventually making it completely free for Fuzzle owners to access all of the AI services available.
Earning Credits:
Events: The website/app will organize various events that users can participate in. By engaging in these events, such as competitions, challenges, or special activities, users can accumulate credits.
Fuzzle Employment: This feature serves a dual purpose. Firstly, it provides users with valuable tips and guidance on effectively utilizing AI technology. Secondly, at times when no events are running, users can manually earn credits by watching Ads.
Subscriptions/Donations:
https://medium.com/@FuzzlePrime/subscriptions-donations-5f3b90cc82f9
Spending Credits:
AI Services: The credits earned can be used to access and utilize various AI services. These services include a conversational tool for engaging in AI-powered conversations, image generation for creating or modifying images using AI algorithms, and content writing for generating unique content with the assistance of AI.
NFT Sales: This allows users to purchase non-fungible tokens (NFTs) using credits. When making NFT purchases, users have the option to apply their accumulated credits, which are deducted from their account as a discount, providing additional value and flexibility in their transactions.
Revenue Split: Since the website will be open for all users, free users will need to participate in events and watch ads to use AI services. The revenue generated from this will be distributed to the following.
10% goes to Fuzzle holders.
10% is used for administration.
25% is set aside for tax liabilities.
55% goes to the Prime Treasury Wallet. (maintenance & events)
The website will offers users the opportunity to earn credits through engaging in events and Fuzzle Employment, which can then be utilized to access AI services or acquire NFTs. As a result, the website becomes self-sustaining, ensuring the preservation of Fuzzle’s utility at the bare minimum.
