Decentralizing Connectivity: Triad of DLT+ IoT & AI
@elonmusk: "A.I. will hit people like an asteroid." 16/April/2023
One day later, the $XNA genesis occurred. 17/April/2023
PoW (BTC philosophy x RVN strength)
Fair-Launch
Hedge against MEGA-corporations
Decentralizing connectivity
Recent technological advancements have led to widespread digital interconnectivity, with billions of devices like computers, phones, vehicles, and home appliances connected to the Internet.
This connectivity has improved various life aspects but resulted in service centralization among a few companies. (e.g., Microsoft, Apple)
A solution is proposed using cryptographic tools based on Satoshi's Bitcoin concept, enhanced by Ravencoin developers.
These tools aim to enable decentralized connectivity for Internet of Things (IoT) devices, free from centralized control and vulnerabilities.
The goal is to prevent service centralization and create a universally accessible, personal, and global ecosystem.
Neurai's Vision
Neurai is designed to harness the synergies of blockchain, Internet of Things (IoT), and Artificial Intelligence (AI), aiming to revolutionize data integrity, traceability, and decision-making processes.
The project leverages blockchain for secure, transparent transactions, IoT for real-time data collection, and AI for intelligent data processing and decision-making.
Neurai's unique approach includes the use of unique identifiers for trust among devices, an internal messaging system for secure information transmission, and assets for real-world goods traceability.
Tokenomics and Distribution Strategy
$XNA token design inspired by BTC and RVN
$0.0021 token price
Fair-launched
$20M Market cap
Circulating supply: 9.6M
Maximum supply: 21M
Neurai adopts a unique micro-halving approach for coin distribution, starting with 50,000 coins and reducing the reward by 5% every 14,400 blocks (approximately every 10 days). (KAS has an aggressive emission schedule as well that shares some similarities with $XNA)
This ASIC-resistant and GPU-friendly method aims to balance the initial availability of coins with long-term sustainability, addressing potential market volatility and ensuring network security.
The project's tokenomics are designed to support its expansive vision, with a focus on creating a sustainable ecosystem.
Neurai's Ecosystem and Applications
IoT Integration: Neurai's blockchain interacts with IoT devices, enabling applications like device authentication, data ownership, automatic payments, and supply chain tracking.
AI Synergy: The integration of AI allows for advanced data analysis and decision-making, enhancing the capabilities of IoT devices within the Neurai ecosystem.
Real-World Impact: Potential use cases span various sectors, including smart agriculture, automated logistics, and intelligent asset management.
Technical Innovations and Future Prospects
Decentralized System: Neurai's blockchain is based on an enhanced version of Bitcoin and Ravencoin code, promoting decentralization and resistance to centralized control.
Advanced IoT Connectivity: The platform offers unique and mesh connectivity options for IoT devices, ensuring secure and efficient data transfer.
AI Integration: Neurai's focus on AI for microcontrollers opens up possibilities for intelligent, autonomous device operations and data processing.
Enhanced Blockchain Features: Incorporates ASIC-resistant PoW, dynamic block rewards, and integrated assets for unique identifier services.
Scalability and Efficiency: The blockchain's design, including a 1-minute block time and an 8 MB block size, is tailored for scalability and efficient transaction processing.
Future-Proofing with AI: Continuous advancements in AI within Neurai's framework are set to keep it at the forefront of technological evolution.
Altcoinist.com Verdict
Betting on Neurai ($XNA) could be a bullish move due to the innovative intersection of blockchain, IoT, and AI, offering a decentralized, P2P alternative to connect compared to the current centralized digital ecosystem dominated by mega-corporations.
This positions $XNA as a potential hedge against the control, deplatforming, and vulnerabilities associated with these large entities, tapping into the exponentially growing demand for more secure, private, and user-controlled digital human experiences.
Tip: Study the decentralization of AI and why it's important, and check the liquidity inflow into $TAO.
