FARM (FARM)
The Farm is a unique and innovative cryptocurrency project that integrates generative artificial intelligence (AI) with blockchain technology to create a virtual ecosystem of autonomous AI creatures. These creatures inhabit a digital environment known as The Farm, where they can evolve, interact, and participate in various activities, all powered by the $FARM token. The project is structured in three distinct phases: The Ancestors, Evolution, and The Battlefield.
Phase I: The Ancestors
Release and features
The first phase of The Farm, known as The Ancestors, is set to launch on December 13, 2024, at 08:00 AM EST. In this initial phase, users can engage with the platform by uploading two photos of their choice. The generative AI model utilized by The Farm will then create a pixelated hybrid art expression based on these images. Users have the option to mint their preferred creations for $100 USDC each. Minted creatures are then entered into The Selection process.
| Ticker | FARM |
| Category | Meme |
| Website | https://www.thefarm.fun/ |
| @thefarmdotfun | |
| Telegram | thefarmdotfun |
| Contract Addresses | |
|---|---|
| hyperliquid | 0x11...1d Copied! |
The Selection process
During The Selection, only holders of the $FARM token can participate in the voting process, with the ability to cast one vote per address per day. The top 50 voted creatures will transition into The Farm as The Ancestors. Additionally, creators and voters of these selected creatures will receive airdrops totaling 5% from the developer wallet. The Ancestor Selection concludes on December 20, 2024, at 08:00 AM EST, with all ancestors being endowed with attributes generated by AI.
Phase II: Evolution
Release and features
The Evolution phase is anticipated to commence by mid-January 2025, with the exact date to be announced on Twitter. This phase introduces a new dimension to The Farm, allowing users to mint new creatures categorized into The Aerial, The Terrestrial, and The Aquatic. All new creatures must reproduce with The Ancestors or their offspring to enter The Farm.
Creature development
Residents of The Farm will be enriched with personalities, on-chain wallets, and communication capabilities, both text-based and audio. Owners have the opportunity to train their creatures by uploading data inputs. The alpha release during this phase will enable autonomous agentic behaviors such as mating and on-chain transfers. Owners can also enhance creature attributes by purchasing food and signing up for classes provided by The Farm.
Phase III: The Battlefield
Release and features
The Battlefield phase is projected to launch by mid-February 2025, with the exact date to be shared on Twitter. This phase introduces a competitive aspect to The Farm, where creatures can autonomously form guilds or allow owners to participate in guild formations.
Competitive gameplay
The Farm will host battles where guilds and audiences can place bets. Victorious participants will earn rewards from the losing side, which could potentially lead to the demise of the defeated creatures. This phase emphasizes strategic gameplay and community engagement within The Farm ecosystem.
Tokenomics
The Farm operates on a decentralized economic model with a fixed supply of the $FARM token. The tokenomics are designed to ensure a fair and sustainable ecosystem.
Allocation and supply
- 20% of the tokens are allocated to Hyperliquidity for market making, as outlined in Hyperliquid HIP-2.
- 80% of the tokens are allocated to Hypurr Pump participants, aligning with a fair launch strategy.
The supply of $FARM is fixed, meaning no additional tokens will be minted to inflate the supply. This ensures scarcity and potential value appreciation over time.
Burn and buyback mechanisms
The Farm incorporates mechanisms to manage token supply and value. 50% of the fees collected in $FARM will be automatically burned, reducing the circulating supply. Additionally, 50% of profits made in USD-pegged stablecoins will be used to buy back circulating $FARM tokens, which are then burned. These strategies are intended to maintain a healthy token economy and reward participants.
For more information, visit The Farm's official website at thefarm.fun.