FAQ

Frequently Asked Questions about ChainGPT

You can read this entire FAQ page, or just ask our AI Chatbot! Web: https://app.ChainGPT.org Telegram: https://t.me/ChainGPTAI_Bot

What is ChainGPT?

ChainGPT is a cutting-edge AI infrastructure that develops AI-enhanced solutions for the Web3, Blockchain, and Cryptocurrency sectors. It aims to make the decentralized digital space more accessible and efficient for users and startups by offering a suite of AI-powered tools and applications tailored to the evolving digital landscape.

Can I use ChainGPT now?

Yes, ChainGPT AI products are fully available!

More info about our AI Tools can be found here: https://www.chaingpt.org

What is the cost to use ChainGPT?
  1. Free Plan: Provides limited access to specific AI tools and solutions at no cost. This includes:

    • General AI Model

    • AI News Model

    • Ask Crypto People

    • AI NFT Generator (Single-NFT)

  2. PPP (Pay-Per-Prompt) Plan: Users pay for AI tools based on their usage without any commitment. The costs for specific tools are:

    • AI NFT Generator (Multi-NFT): 2 CGPTc per NFT

    • Smart-Contract Auditor: 5 CGPTc per request

    • Smart-Contract Generator: 1 CGPTc per request

    • AI Trading Assistant: 1 CGPTc per request

  3. Freemium Plan: This plan is exclusively for diamond tier members who have staked CGPT tokens and earned over 200,000 CGPTsp. Freemium users receive a monthly balance of 20,000 CGPTc to spend on AI tools. This balance resets every 30 days. The plan includes

    • All features from the PPP plan.

    • Usage of premium tools for free within the monthly 20,000 CGPTc limit.

    • Access to DAO for proposal creation and voting.

Please note that while users have a CGPTc balance to spend for the Freemium plan, the tools are free up to the monthly limit.

How does ChainGPT work?

ChainGPT is a sophisticated AI platform crafted explicitly for Web3, Blockchain, and Cryptocurrency. Leveraging state-of-the-art AI techniques, it offers a suite of tools and applications tailored to the dynamic digital age. Depending on their needs, users can opt for the Free, PPP (Pay-Per-Prompt), or Freemium plans to tap into robust solutions, such as smart-contract generation, AI-based NFT creation, and trading aids. The plan choice dictates whether users can freely access tools, pay as they use, or enjoy premium features up to a monthly allowance. Additionally, ChainGPT's token system, represented by CGPT, provides added dimensions like staking and exclusive access, driven by accrued staking points (CGPTsp). With its holistic approach, ChainGPT is set on democratizing AI-enhanced tools for individuals, startups, and established entities in the decentralized web sphere.

Explore ChainGPT offerings:

What services can ChainGPT help with?

ChainGPT stands at the intersection of AI and the Web3, Blockchain, and Cryptocurrency realms, offering many AI-powered tools tailored for retail users and enterprises. Here's a snapshot of the services and solutions offered by ChainGPT:

  • ChainGPT AI Chatbot (Telegram, Discord, Web)

  • ChainGPT AI on Telegram (@ChainGPTAI_Bot)

  • AI-Generated News

  • Smart-Contracts Generator

  • Smart-Contracts Auditor

  • AI NFT Generator

  • AI Trading Assistant

  • AI-Powered Security Extension

  • AI Blockchain Analytics

  • ChainGPT Pad

  • ChainGPT Labs (we invest in AI!)

  • Incubation Program for AI Startups

Beyond these specific tools and solutions, ChainGPT promotes open technologies, allowing Web3 companies to access our API & SDKs. This approach ensures that our advancements benefit the broader ecosystem rather than being siloed.

The $CGPT utility token supports this extensive ecosystem, which not only forms the infrastructural backbone but also bestows numerous benefits on its holders, such as DAO voting rights, staking privileges, and special access to AI tools.

With a robust user base, partnerships with leading Web3 companies, and recognition through various awards and grants, ChainGPT remains committed to pushing the boundaries of AI in the decentralized digital space.

For a deeper dive into our services or to engage with our community, you can explore our website, check out our Crypto AI Hub, or join the conversation on platforms like Twitter, Telegram, and Discord.

Are the LLMs (AI-Models) developed by ChainGPT Open-Sourced?

No, the LLMs (AI Models) developed by ChainGPT are not open-sourced. However, ChainGPT is committed to fostering innovation and collaboration within the community. While the underlying models aren't open-sourced, ChainGPT ensures that other projects, startups, and enterprises can easily and affordably access all ChainGPT-developed products and LLMs through API & SDK access.

About $CGPT Utility Token

What is $CGPT token?

$CGPT, or ChainGPT Token, is the utility token powering the ChainGPT ecosystem. ChainGPT is a futuristic AI chatbot designed to assist individuals, developers, and businesses with anything related to Blockchain Technology and Cryptocurrencies.

Some of the key features and use cases of the $CGPT token include:

1. Access to ChainGPT services: Token holders can use $CGPT to access various ChainGPT services such as AI-generated news, AI smart contract generator and auditor tools, AI NFT Generator, Launchpad, and more.

2. Staking and Farming: Users can stake and farm their $CGPT tokens.

3. Governance: $CGPT token holders have governance rights, allowing them to participate in voting on important decisions and proposals related to the development and future of ChainGPT.

4. Discounts and exclusive features: Holding $CGPT tokens may grant users discounts on certain services within the ChainGPT ecosystem and access to exclusive features.

The total supply of CGPT is 1 billion (1,000,000,000) tokens. It is currently deployed on the BSC (Binance Smart Chain) network, with plans to expand to other networks like Ethereum, Polygon Matic, Avalanche, and more in the future.

How can I get $CGPT?

There are two ways to acquire $CGPT tokens: buying and earning. Buying: $CGPT is listed across a multitude of partnering exchanges (CEX and DEX); for a list of all tradeable markets, please check here. Earning: ChainGPT is constantly hosting trading competitions with $CGPT incentives.

Please ensure you're using the correct smart contract address for CGPT when interacting with decentralized exchanges: 0x9840652DC04fb9db2C43853633f0F62BE6f00f98. Always double-check the contract address to avoid scams or fake tokens.

What blockchain network is $CGPT deployed on?

The $CGPT token is a BEP-20 standard token on the Binance smart chain. It has also been deployed on the Ethereum network as an ERC-20. As the project matures, the token will be bridged to other EVM-compatible chains.

What is $CGPT's Supply Policy?

Fixed maximum supply with deflation via burn.

How does $CGPT's Burn Mechanism work?

The $CGPT token incorporates a burn mechanism as a pivotal element of its economic policy, aiming to systematically reduce the circulating supply and induce scarcity. Here's how it operates within the ChainGPT ecosystem:

  1. Burning Process: Tokens are permanently removed from the circulating supply by sending them to a non-spendable, void address on the Binance Smart Chain (BSC) - 0x0000000000000000000000000000000000000000.

  2. Application: Every commercial-grade transaction within ChainGPT has a burn component, ensuring that every user interaction directly contributes to the health and growth of the $CGPT ecosystem.

  3. Key Burn Touchpoints:

    • Prompt Marketplace: All fees are subjected to a 100% burn, ensuring they are entirely removed from circulation.

    • Chatbot & Tools: 50% of the fees from the Chatbot and related AI tools are burned, with the other half allocated to the ChainGPT Foundation and DAO Treasury.

    • AI NFT Generator (NFT Gen): 50% of the associated fees are burned, while the remainder is split between the ChainGPT Foundation and DAO Treasury.

    • ChainGPT Pad: For every Initial Dex Offering (IDO) hosted on the ChainGPT Pad, 1% of the raised amount is utilized to buy back $CGPT tokens from the market and burn them.

    • Whitelabel Solutions: When other companies or projects purchase whitelabel solutions or licenses from ChainGPT, 10% of the total transaction value is used for a $CGPT market buy-back and burn.

    • ChainGPT NFT Collection Sales: For direct NFT sales by ChainGPT, 20% of the proceeds go towards buying back and burning $CGPT tokens.

  4. Token Allocation: Any $CGPT tokens reverted to ChainGPT or the DAO are evenly distributed between them. These funds are reinvested in development, marketing, community engagement, and other initiatives to further ChainGPT's growth.

  5. Impact Thesis: The deliberate reduction of circulating tokens amplifies scarcity, boosting market velocity and potentially positively influencing the token's valuation.

Can I use ChainGPT without spending $CGPT?

Yes, ChainGPT offers multiple ways to access its utilities without directly spending $CGPT. You can leverage the "Freemium" model by staking CGPT, which provides enhanced AI access at no additional cost. Alternatively, if you prefer not to stake, ChainGPT provides a "Pay-Per-Usage" option, or you can explore a range of AI tools available on the platform for free.

Is the $CGPT Contract audited?

Yes, $CGPT has dual audits from Certik and Hacken.

Is there a $CGPT bug bounty program?

Yes. You can find it here and on the Certik Website.

Can I stake $CGPT?

Yes. The Staking dashboard is available here.

Why stake $CGPT?

Staking serves four crucial functions within the ChainGPT Ecosystem. Firstly, it offers individuals free and unlimited access to ChainGPT without spending their $CGPT tokens with each request. Second, in order for businesses and developers to build commercial products with the ChainGPT API, they must commit to a pool of $CGPT tokens, which will serve as the reservoir of purchasing power for their API requests. Third, $CGPT staking provides access to the ChainGPT DAO. Fourth, $CGPT staking is necessary to accumulate tier points to access the ChaingGPT Pad.

Does ChainGPT have a prompt base?

Our prompt marketplace will be made available after the v1.0 release. Access can be found on the application dashboard.

What is the DevAssist Browser Extension?

A portable code translator that scans any desired smart contract in real-time and converts it into a clear, detailed, and simple-to-understand human legible text format. It disambiguates any uncertainties around Web3 applications and protects users from making decisions without fully comprehending the technology beforehand.

What is the freshness delay on news provided by ChainGPT?

All news articles are aggregated in real-time.

Do I have to pay the network fees in order to interact with ChainGPT?

General interactions such as single generations are free and do not require any fees.

Interactions such as minting NFT's, staking, trading, etc. will require the appropriate gas fees to interact on chain.

Please note, users with 200,000 staking points (CGPTsp) will receive diamond tier, in turn giving them Freemium access to our products. This will not cover on-chain network fees as these are not within our control. Learn more about Freemium here.

Where does ChainGPT source news?

ChainGPT scans the entire web for the most relevant information but publishes from the most trusted providers in the industry, including but not limited to CoinDesk, CoinTelegraph, Decrypt, CryptoSlate, CryptoDaily, BeInCrypto, Bitcoin Magazine, and so on.

What is the ChainGPT DAO?

The ChainGPT DAO is a digital social organization composed of dedicated community members who contribute to the protection, governance, and development of ChainGPT.

Why join the ChainGPT DAO?

If you want to help steer the direction of ChainGPT’s development, participate in voting, influence the use of the $CGPT treasury fund, and join a tightly-knit group of AI enthusiasts, ChainGPT DAO welcomes you with open arms!

How do I become a member of the DAO?

In order to join the ChainGPT DAO, you must first participate by staking the $CGPT token here and then join the DAO forum here.

Is there a minimum $CGPT Requirement to join the DAO?

All you need to become a member is just 1 $CGPT. For more information regarding voting power, visit the DAO Governance page here.

What do I need in order to create a Proposal?

To create proposals, you must acquire 200,000 voting power through staking (CGPTvp also known as CGPTsp).

How do I submit a proposal?

Navigate to the DAO forum here, click on “new proposal,” and fill in the required fields.

Miscellaneous

How do I generate realistic Midjourney like images and do you plan to add this feature?

The output results of picture quality and style from generated images depend on the accuracy of the input prompt you provide.

Are there any limitations to the types of NFTs that can be generated?

Yes. NSFW materials will be unavailable.

Are the NFT’s generated On-Chain?

NFTs are generated through an off-chain network and only published on-chain whenever users mint their NFT.

How many NFTs can be generated at once?

Beta Version: up to 100, Version 1.0: up to 10,000

Did we miss anything? Let us know: info@chaingpt.org

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