Requirements:
-
A Request Marketplace where Individuals and DAOs can vote and stake on Request they would like to see.
-
Each AI project (AI Working Group / AI DAO) has its own token.
-
The AGI token has an Inflation of 1-5% a year.
People who use an AI pay a small amount of AGI for using it.
People who staked their AGI behind a AI Project (AI DAO) get a voting token, which they can use to vote on the development the AI-DAO is making.
Based on the votes and stakes behind a AI-DAO it will receive the equivalent AGI of the AGI Inflation.
AI Projects (AI-DAOs) have their own Tokens. 50% of the ANT token from the delegated AGI Inflation will go to the Token-Bonding-Reserve and 50% will go to the AI-DAO.(Deep Dive: Augmented Bonding Curves | by Abbey Titcomb | Giveth | Medium).
There are two kinds of tokens. 1.UtilityTokens to use the AI and 2.VotingTokens to vote on decisions on the AI.
- Utility Token:
the Utility token is the token which funds the AI-DAO. Each AI-DAO makes a Request how much money they need in order to execute on their vision. Because the AGI inflation which funds the project comes form the AGI-Holders those people will get the AI-UtilityTokens which gets created by a smart contract based on a boding curve. 50% of those funds will go to the Boning-Curve-Reserve and 50% goes to the AI-DAO.
The bonding-curve reserve makes sure that all the AI-DAOs tokens are immediately liquid for trading to be able to buy services from the AI.
(Deep Dive: Augmented Bonding Curves | by Abbey Titcomb | Giveth | Medium)
(Bonding Curves In Depth: Intuition & Parametrization | by Slava Balasanov | Relevant Community)
The funds in the AI-DAO will be locked up and gos to a smart contract coupled with DAICO (Aragon: DAICO with bonding curve — Aragon Fundraising — will be available this summer, 0.7.4 is live, Aragon frontend walkthrough, Black Monthly #2 | by Paradigm | Paradigm | Medium) and Proof of impact (CryptoUnlocked Oracle Upgrade. Realit.io Walkthrough and Seed Program | by Patrick Long | WeTrust Blog) so the DAO gets only the fund if they successfully develop the AI. If not the funds will be distributed to other AI-DAOs.
- Voting Token:
50% of the voting tokens go the developers of the AI and 50% of them go to the people who stake their AGI behind an AI. If a person un-stakes his AGI on a AI-DAO the voting tokens will be distributed to the people who still habe staked their AGI based on the amount.
On the Ai-Request-Marketplace (ARM) each AI-DAO which want funding post their request. Each Request is segmented into smaller Request (milestones) and each of those smaller request can be voted on and staked also but only with the voting token of the specific AI-DAO.
I think this could create an ecosystem around AIs where the process of funding is decentralized. I really think that inflation could create a lively funding model for AIs and because the AGI holders get the tokens of the new created AIs based on the Augumented Bonding Curve and the Projects only get the funds based on their achievements (DAICO + proof of impact), so if a project fails the funds are moved to another project. the AGI inflation will indirectly go to the AGI holders and a portion is provided to the projects which can, if successful, create even a ROI for AGI holders. I also assume that the AGI price could be positive effected by this if 1. the inflated coins are locked up in the bonding-curve-reserve 2. the projects uses AGI as the reserve currency (50%-100%), so invested money will be converted into AGI 3. By using AGI to invest in AI-DAOs people get a discount. 4. I can also imagine that AGI will be the bancorToken which connects all the AI-Utility-Tokens together to swap them, because each AI Project hold a minimum of reserve in AGI.