Bad Idea AI: Aligning with the Shib Paper for a Decentralized Future

Christopher Johnson, PhD
5 min readAug 19, 2023
BAD Idea AI

Dear Shibizins,

With the recent publication of the Shib Paper, it’s time for Bad Idea AI to align our goals and initiatives with the principles outlined in this groundbreaking document. Here’s how we propose to do it:

Article 2: Technological Responsibility
I propose that BAD Idea AI contribute to Shibarium through the investment in a Layer 1 Unification Node and a Layer 2 Shibarium Node. By investing in these nodes, we’ll be supporting not only the underlying infrastructure of Shibarium but also a fellow Shibarium project that we rely on.

Example: Increasing Unification’s L1 network’s capacity and overall security secures their ability to continue supporting other initiatives such as the Layer 2 Shibarium blockchain. This collaboration enhances scalability, fosters a more unified ecosystem, and benefits the entire Shibarium community. In addition, it provides a potential revenue stream for BAD Idea AI.

It aligns with Shibarium’s vision for technological advancement and also supports Article 6, which emphasizes collaboration and innovation within the blockchain community.

Article 3: Artificial Intelligence Engagement
I propose that BAD Idea AI contribute to Artificial Intelligence Engagement by further developing AI tools for other projects in Shibarium. While the idea of creating advanced AI tools is lofty, we can start with simple advances such as improved AI Telegram Bots that are tuned to support a specific project’s needs. By creating AI tools that can be utilized by other projects, we’ll be driving innovation and community engagement. Monetization, such as advertisement revenue on the telegram and discord bots, is possible. This initiative aligns with the Shib Paper’s call for AI integration and supports Article 6.

Example: By developing AI-powered Telegram Bots that offer customized support for specific projects, we can enhance user engagement and deliver tailored solutions to our clients. These bots could serve as a foundational step towards more advanced AI tools. This progression aligns with the Shib Paper’s vision for technological innovation, demonstrating our commitment to both immediate practical applications and long-term strategic development in the field of AI.

Article 5: Self Governance and Empowerment
Begin work on a DAO that recognizes diverse knowledge fusing human, AI, and a DAO. This integration will create a dynamic governance model where AI algorithms can analyze data and propose solutions, while human intelligence provides ethical oversight, creativity, and nuanced decision-making. The DAO will serve as a platform for collaboration, allowing for a seamless exchange of ideas and solutions between human and AI participants.

Example: The creation of a DAO involves careful consideration of various legal frameworks and DAO structures. The working group will evaluate a wide range of options, including different governance models, voting mechanisms, and legal jurisdictions. By exploring these diverse possibilities, we can tailor the DAO to align with the unique needs and values of the BAD Idea AI community. This comprehensive approach ensures that our DAO not only complies with legal requirements but also fosters a culture of inclusivity, collaboration, and innovation.

Article 6: Financial Integrity and Transparency
I propose that BAD Idea AI enact initiatives to support financial integrity, such as incentives for liquidity pools (LP) on Shibarium. Liquidity pools play a vital role in decentralized finance, ensuring that there is enough liquidity in the market to facilitate trading without significant price impact. By incentivizing LPs, we encourage more participants to provide liquidity, thus reducing slippage and enhancing the overall trading experience on Shibarium.

Example: By offering rewards to liquidity providers, we can attract more participants to the liquidity pools. This increased participation helps stabilize the market, reduces price volatility, and ensures a smoother trading experience for all users. Specific incentives might include staking rewards or fee reductions for LPs, directly benefiting the Shibarium community by creating more robust and resilient trading pairs.

Article 8: Decentralized Harmony and Global Interaction
I propose that BAD Idea AI launch an audited smart contract on Shibarium, along with any improvements necessary on the existing smart contract based on the latest audits. To achieve this, we will be working closely with the MarSwap team to conduct the audits, bridge work, and smart contract deployment, including bridging to the Ethereum Layer 1.

Example: Collaborating with the MarSwap team not only ensures the highest standards of security and functionality but also helps us with tokenomics to ensure that the economics of our project align with the principles outlined in the Shib Paper. By bridging to Ethereum Layer 1, we expand our reach and accessibility, fostering decentralized harmony and enhancing global interaction.

Article 9: Proliferation of Learning and Knowledge
I propose that BAD Idea AI host the first CONAIHA™ at an upcoming crypto conference. This workshop, part of our Consortium of AI for Humanity’s Advancement™ initiative, will be a platform for sharing knowledge and insights in the AI and blockchain space. It supports Article 9 by promoting learning and collaboration, fostering a community of innovators and thinkers.

Example: Hosting a workshop on the ethical use of AI in blockchain technology can spark meaningful discussions and collaborations. By bringing together experts, enthusiasts, and newcomers, we can create a platform for knowledge exchange, fostering a culture of continuous learning and innovation within the community.

In conclusion, these proposals align with the core principles of the Shib Paper, reflecting our commitment to:

  • Technological responsibility through investment in Unification’s and Shibarium’s infrastructure.
  • AI engagement by developing tools for the Shibarium community.
  • Self-governance and empowerment through the creation of a DAO that integrates human and AI intelligence.
  • Financial integrity and transparency by incentivizing liquidity providers.
  • Decentralized harmony and global interaction through collaboration with MarSwap.
  • Proliferation of learning and knowledge by hosting workshops and sharing insights.

As we continue to explore the intersection of Blockchain, AI, and DAOs, we invite the community to join us in this exciting journey. Together, we can ensure that AI serves humanity’s best interests, even if it might be a BAD IDEA.

Go #BADBRIGADE!

Mr. Lightspeed
MLS

Ready to get involved? Connect with BAD IDEA AI on their social platforms:

Website: https://badidea.ai

Twitter: https://twitter.com/badideaai

Telegram: https://t.me/badideaai

Disclaimer: I am an advisor / listing agent for this project and share this for transparency. Nothing that is being said should be considered as financial advice. Please make sure to do your own research or consult with a financial advisor before making any financial decisions. You can visit the above contact information to do your own research, ask questions, and learn more before making a decision.

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