CorgiAI (CORGIAI)
CorgiAI is a community-driven project dedicated to the creation and trading of non-fungible tokens (NFTs) on the Cronos blockchain. It was launched in June 2023 and is the first project on Cronos Chain to be built using AI technology. CorgiAI is developed by a team that remains publicly anonymous but is known to Cronos Labs, as the project is part of the Cronos Accelerator Program. The main goal of CorgiAI is to enable individuals to collaboratively create, own, and govern digital assets.
How CorgiAI works
CorgiAI utilizes the Ordinals protocol, which is a numbering scheme for satoshis, the smallest units of Bitcoin. This protocol allows users to assign data such as images, text, or metadata to individual satoshis, transforming them into unique and identifiable tokens. The protocol employs a process called inscription, where data is embedded into the Bitcoin blockchain using a special Bitcoin transaction known as OP_RETURN. This transaction type allows up to 80 bytes of arbitrary data in a transaction output without compromising the transaction's validity or security. Additionally, the Ordinals protocol uses ordinalization to assign a unique number to each inscribed satoshi, enabling users to verify its authenticity and ownership.
| Ticker | CORGIAI |
| Category | Solana Ecosystem |
| Website | https://corgiai.xyz/ |
| @corgiaiclub | |
| Contract Addresses | |
|---|---|
| cronos | 0x6b...d0 Copied! |
| solana | 79...XuCopied! |
| ethereum | 0x6b...d0Copied! |
CorgiAI token ($CORGIAI)
CorgiAI x VVS Finance
CorgiAI introduced its $CORGIAI token through a VVS Initial Gem Offering (IGO) on June 8, 2023. The IGO includes a Committed $VVS Refund mechanism, ensuring that the committed $VVS tokens are refunded 90 days after the IGO. To participate in the Gem Fair, users are required to stake in xVVS Vaults, with the amount varying based on different vault lock-up periods. A longer lock-up period reduces the amount of xVVS needed for entry.
Tokenomics
The $CORGIAI token serves as the medium of exchange and reward mechanism within CorgiAI's ecosystem, with a maximum supply of 500 billion tokens. It is the first BRC-20 token, compatible with the Bitcoin network. CorgiAI integrates augmented reality (AR) technology, allowing users to engage in treasure hunts, uncover chests with $CORGIAI tokens, and create their own challenges. Users can use smartphones to discover treasure chests in various locations, enhancing community interaction and creativity.
Meme Coin Vault
The Meme Coin Vault invites users to join the Corgi Social Club, where token holders can stake their tokens to earn $CORGIAI. The initial batch includes tokens like $DOGE and $SHIB, enabling users to access community features such as Corgi Vault, Corgi Cre8r (Community NFT), Corgi Louvre Museum (NFT Gallery), and AI Marketplace.
$CORGIAI Vault
The $CORGIAI Vault allows users to lock their tokens to earn rewards. There are four lock-up periods to choose from: 1 month, 6 months, 12 months, and 48 months. Longer staking periods result in higher annual percentage yields (APYs) and increased rewards.
Membership NFT
The NFT collectibles within CorgiAI provide access to an ecosystem of exclusive benefits, including VIP giveaways, early access to AI tools, and exclusive NFT mints. With a total supply of 2,000 NFTs, the collection is designed to reward the community that helped build and sustain the project. Each member can mint up to two NFTs.
NFT staking on Minted Network
CorgiAI offers NFT staking in collaboration with the Minted Network. This feature invites users from Minted and other partner communities to stake their NFTs on the platform and earn $CORGIAI as part of the launch celebration.
Milestone burns
To celebrate project milestones and incentivize community engagement, a portion of $CORGIAI tokens is strategically burned. This approach encourages active participation and innovation while providing additional value to the community.
Corgi Cre8r
In January 2024, CorgiAI launched Corgi Cre8r, a text-to-image NFT generator. This tool allows users to create unique artworks using text prompts, with a comic book style featuring a distinctive Corgi character. This initiative merges AI, meme coins, and NFTs, offering a creative platform for enthusiasts. To mark the launch, CorgiAI introduced the 'Top Dog Corgi' collection, a limited series of 2,000 NFTs on the Cronos blockchain, granting exclusive early access to the Cre8r tool.