CGPTc (Credits)
ChainGPT Credits
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ChainGPT Credits
Last updated
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CGPTc or ChainGPT credits are the units of account and consumption for the ChainGPT ecosystem applications. Every function that is processed through the ChaingGPT AI model requires the consumption of resources during computations; therefore, to properly value this consumption, the ChainGPT credits system (which retains a stable value consistently) is used.
This fundamental unit measures how much buying power a user has at any given moment.
In order to retain maximal simplicity for end users, the CGPTc value has been hard pegged to 1CGPTc equal to $0.01.
Regardless of the possible fluctuations in the $CGPT token's price, once converted into CGPTc, the buying power remains consistent.
CGPTc’s are acquired by directly converting $CGPT tokens.
Upon entering the ChainGPT application suite, users connect their Web3 wallets and notice a section on the top right of their dashboards (slightly to the left of their account/address settings) that will explicitly state how much CGPTc they are balanced with. By simply clicking that balance button, a new window will appear, prompting users to make an exchange.
*Be advised: All $CGPT to CGPTc conversions are final. There is no way to undo or trade out of CGPTc back into $CGPT tokens. This is a one-way action.
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DISCLAIMER: The information contained in our roadmap is based on estimates and is not a guaranteed release schedule, and shall not be viewed as such. The information contained in our whitepaper and roadmap is provided for informational purposes only. It should not be construed as financial advice or an inducement to purchase our utility token, $CGPT, for any purpose other than to interact with the ChainGPT AI bot, which is available at the time of the token sale. $CGPT is intended solely for use within the ChainGPT AI ecosystem, and we make no representations or warranties regarding the value, security, or suitability of $CGPT for any other purpose. We strongly encourage you to conduct due diligence and seek professional advice before making investment decisions. By accessing our whitepaper, website, and roadmap, you agree to release and hold us and our affiliates harmless from any liability for using the information.
