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Author Topic: What is the actual purpose of AI coins?  (Read 214 times)
jaberwock
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May 03, 2025, 02:53:21 PM
 #21

If we can have a proper AI company that does crypto as well, we can have a big project in our hands. Why? Because it can access not only money, funds like crazy, but it can access computing power as well. Make the mining and rewards based on computing power people give, and they make coins/tokens based on that, like mining. That solves the computing power that AI needs.

And then let people buy/fund/invest into this token/coin so that the team could hire more and more people to make money based on how they could move further and they would be getting a much better result, it should not be that easy to handle but they can do it, not going to be that easy but not going to be that hard neither. So we just need a proper company to do this, not just some wannabe dev who wants money but an actual company who wants to grow.
That is never going to happen at all. Because 99% of the people who use "AI" for their project are doing it to get more funding and use that just as a marketing and not really interested in AI at all. And the other 1% are people who mean well, like they are not scammers like the 99%, but they are not good enough, even if you gave them all the computing power in the world and all the money in the world, they are not experienced in the field enough to do it.

Some of them are ex engineers in good companies so they think they know, but they know just one part of the picture, not all. So 99% are scammers, and 1% are good willed but lack of talent people. This is why we are not going to get what you wish, it would be great and definitely would work but it doesn't exist and I doubt it ever will.

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SamReomo
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May 03, 2025, 02:57:01 PM
 #22

Most of those AI coins are useless and those are created by greedy people in order to steal money from greedy investors. I've seen so many such coins that were created by genuine AI platforms but most of those were failed coins and pump and dump coins. So my word of advice is to stay away from such AI coins unless they're truly meant to be useful in a AI platform. Let's say if in future OpenAI creates its coin and with that coin one might be able to get some extra perks for cheap then it's worth it to go for such coin.

 
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May 03, 2025, 06:19:27 PM
 #23

If we can have a proper AI company that does crypto as well, we can have a big project in our hands. Why? Because it can access not only money, funds like crazy, but it can access computing power as well. Make the mining and rewards based on computing power people give, and they make coins/tokens based on that, like mining. That solves the computing power that AI needs.

And then let people buy/fund/invest into this token/coin so that the team could hire more and more people to make money based on how they could move further and they would be getting a much better result, it should not be that easy to handle but they can do it, not going to be that easy but not going to be that hard neither. So we just need a proper company to do this, not just some wannabe dev who wants money but an actual company who wants to grow.

Not mining based on compute power, but I had in mind to use a certain type of token on my own AI company. This is the reason I opened this thread and asked about it.
In these days I read Solana's whitepaper, and I also have hard copies of Render and BONK (BONK TON) to be exact whitepapers in order to understand how a legitimate whitepaper is being written. I currently do AI, investors in my country mostly are not really interested in funding AI companies with actual value and they prefer crappy API wrappers (because it's fast to create one of them, unlike what we've done which was training models and utilizing open source tools). I see it can be a way of adding more value to my company and also have fun through crypto!
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