0RANG3 (0R3) Token Whitepaper
Introduction
Welcome to 0RANG3, a decentralized platform that enables users to create and interact with AI chat agents. Our mission is to empower the creation of intelligent conversational interfaces that can be used in various applications. To achieve this goal, we’ve developed a unique token, 0RANG3 (0R3), which plays a crucial role in incentivizing the development and deployment of these AI chat agents.
Token Overview
The 0RANG3 token is an ERC-20 standard token built on the Ethereum blockchain. Its primary function is to facilitate transactions and interactions within our ecosystem. The token has a dynamic supply that adjusts based on minting and burning events, as outlined in our smart contract.
Smart Contract
Our smart contract is designed to manage the minting and burning of 0R3 tokens, ensuring a fair distribution and maintaining a healthy level of liquidity. The contract includes:
Unique ID: Each wallet address has a unique identifier generated using keccak256.
Wallets: A mapping of addresses to Wallet structs, which store the unique ID and other relevant information.
Constructor
The constructor initializes the smart contract by:
Setting the initial supply to 10 billion tokens.
Minting tokens for each wallet address, including tax, charity, early adopters, founders, seed investors, strategic investors, and the deployment wallet.
Transfer
The transfer function enables users to send 0R3 tokens to other addresses. For each transfer, a tax is calculated based on the transferred amount.
Tax Amount: 2% of the transferred amount.
Minting: The platform owner mints new tokens for the tax (90%) and charity (10%).
Note that the max supply can grow dynamically as taxes are distributed, ensuring that there will always be sufficient tokens available to incentivize AI chat agent development.
Burning
The burning function allows the platform owner to destroy 0R3 tokens, reducing the total supply. This mechanism helps maintain a healthy level of liquidity.
Tax Structure
A portion of each 0RANG3 transaction is allocated to a tax, which funds the infrastructure development of our AI chat agents.
The tax will be used for:
AI Model Training: Developing and refining AI models.
Data Processing: Handling and processing large amounts of data.
Platform Maintenance: Ensuring the stability and security of the platform.
A percentage of this tax will be donated to charitable organizations, which may include promoting the advancement of AI research and education in the community.
Roadmap
Our roadmap includes:
Launch the 0RANG3 platform and AI chat agent creation tools
Expand our AI model training capabilities and develop more advanced GPT models
Introduce decentralized governance mechanisms for the community to vote on future developments and token distributions
Conclusion
The 0RANG3 token is a crucial component of our platform, enabling users to interact with AI chat agents in a decentralized and autonomous manner. By providing a transparent and fair distribution mechanism, we aim to create a thriving ecosystem that rewards creativity, innovation, and collaboration.
Tokenomics
Our tokenomics are designed to ensure a steady stream of new tokens enters circulation while maintaining a healthy level of liquidity:
Initial Supply: 10 billion tokens.
Max Supply: No maximum supply cap; the token can be minted dynamically based on tax distribution.
Minting: Tokens can be minted through the transfer function, with no limit set by the remaining tokens available.
Burning: Tokens can be burned using the burning function.
Join the 0RANG3 Community
To stay up-to-date on our progress and participate in the development of our platform, join our community today!
Disclaimer
The information presented in this whitepaper is for informational purposes only. The 0RANG3 token is not a security or investment vehicle.