AGA Whitepaper
AGA 4.0 : Pioneering Decentralized AI Compute
- updated Feb 26, 2024
Overview
AGA is a forward-thinking DAO (Decentralized Autonomous Organization) committed to harnessing the power of the community to shape the future of Artificial Intelligence (AI) through decentralized compute initiatives. At its core, AGA’s model revolves around utilizing the treasury to generate passive income, with profits benefiting both treasury growth and our community of token holders.
Founded in 2021, AGA initially ventured into bitcoin mining. However, the fluctuating cost of electricity and the volatile bitcoin market prompted a strategic pivot. Embracing agility, AGA transitioned to Proof of Stake (PoS) in Q1, 2023, with unanimous community backing. This evolution was just the beginning.
The Shift to Decentralized AI Compute
Recognizing the limitations and environmental impact of traditional blockchain consensus mechanisms, AGA has now embarked on a revolutionary path: focusing on Decentralized Compute for AI. This pivot not only aligns with global trends towards sustainability but also places AGA at the forefront of technological innovation, leveraging AI to create tangible value and opportunities for passive income.
Decentralized AI Compute Explained
Decentralized AI Compute involves leveraging distributed computing resources to power AI applications. This approach democratizes access to computational power, necessary for training complex AI models, by tapping into a global network of participants. Unlike traditional PoS mechanisms, where income is generated through transaction validation, Decentralized AI Compute generates revenue by providing valuable computational services to AI projects and researchers.
AGA’s transition to this model involves strategic investments and partnerships in AI technology and infrastructure, including the acquisition of significant GPU resources and collaboration with leading AI compute platforms. This strategy not only ensures a steady revenue stream but also contributes to the advancement of AI, making AGA a key player in the AI ecosystem.
Community and DAO Management in the AI Era
The AGA community, our most valuable asset, remains at the heart of decision-making processes. The shift towards Decentralized AI Compute opens up new avenues for community engagement and revenue generation. Token holders play a crucial role in guiding AGA’s investments and partnerships in the AI space, ensuring that our collective efforts align with the latest in AI advancements and opportunities.
Revenue generated from our Decentralized AI Compute initiatives is always used to increase our community treasury, directly affecting both token price and AGA token holder rewards such such as airdrops, token buy-backs, or distribution. Additionally, revenue reinvestment into further AI compute projects and infrastructure expansion is vital for scaling our impact and enhancing our computational offerings.
Our DAO structure ensures that all financial and strategic decisions are made democratically, with transparency and community interest at the forefront. This collaborative approach fosters a sense of ownership and participation among token holders, driving AGA’s success in the AI domain.
Conclusion: AGA’s Vision for the Future
AGA’s pivot to Decentralized AI Compute represents a bold step towards a sustainable, innovative future, emphasizing our commitment to leveraging blockchain technology for the greater good. By focusing on AI, AGA not only seeks to generate passive income for our community but also aims to contribute meaningfully to the global AI revolution.
As we continue to navigate this exciting new frontier, the AGA community’s role has never been more crucial. Together, we will explore the vast potential of AI, driving innovation and creating value in ways previously unimaginable. Join us on this journey as we redefine the possibilities of decentralized computing and AI.
Tokenomics
AGA token
- Circulating supply as of 2/26/2024: 3,600,000
- Minted 10,900,000 less 7,300,000 Burned
- ERC20:0x2d80f5f5328fdcb6eceb7cacf5dd8aedaec94e20
- Polygon:0x033d942A6b495C4071083f4CDe1f17e986FE856c
- BSC:0x976e33b07565b0c05b08b2e13ad3113e3d178d
AGAr token (loosley coupled to AGA via liquidity pools)
- ERC20:0xb453f1f2EE776dAF2586501361c457dB70e1ca0F
- Polygon:0xF84BD51eab957c2e7B7D646A3427C5A50848281D
- BSC:0x4ec16da4c9007462de151c0da9f5426c69978a7b
About AGA:
AGA is a leading player in the technology and blockchain space, dedicated to driving innovation and fostering advancements in artificial intelligence and decentralized computing. With a commitment to excellence and a vision for the future, AGA is reshaping industries and redefining possibilities.
If you have any questions about AGA, the best place to reach out is our discord community.
AGA — Powering AI, Empowering Communities.
