Turbo (TURBO)
Turbo is a unique cryptocurrency project launched in April 2023 by Australian digital artist Rhett Mankind. Combining elements of art, artificial intelligence, and blockchain technology, Turbo was developed with the assistance of OpenAI's GPT-4. The project began with a modest budget of $69 USD and introduced the TurboToadToken (TTT), a memecoin featuring a cartoon toad character named Quantum Leap. This character was created using the AI image tool Midjourney and has been central to the project's branding.
One of the key challenges in developing Turbo was Mankind's initial lack of coding expertise. Instead of learning the programming language Solidity, Mankind leveraged GPT-4 for code generation, and with support from his Twitter community, he successfully overcame coding challenges to launch the initial version of TurboToadToken.
Ticker | TURBO |
Category | Meme |
Website | https://turbotoken.io |
@TurboToadToken | |
Telegram | TurboToadToken |
Contract Addresses | |
---|---|
ethereum | 0xa3...d3Copied! |
Relaunch as Turbo
After the initial launch encountered difficulties due to a bot acquiring nearly all the tokens, Mankind considered disbanding the project. However, support from his Twitter followers, as evidenced by a poll, encouraged him to continue. With guidance from GPT-4, Mankind introduced a crowdfunding model, allowing investors to exchange funds for tokens, and rebranded the token as TURBO. The relaunch included 69 billion tokens on the Ethereum network, and Mankind transferred project control to the community to enhance decentralization. The project attracted attention from notable figures and was listed on over 80 cryptocurrency exchanges.
Tokenomics
The tokenomics model for Turbo, developed with GPT-4's input, includes several important features:
- A fixed total supply of 69 billion tokens.
- A tax-free transaction model to simplify trading and encourage activity.
- Renounced ownership of the smart contract to build trust within the community.
- A launch strategy without a presale period, ensuring fair distribution and preventing manipulation.