TARS AI (TAI): Bridging AI and Web3 With Scalable Infrastructure
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The birth of blockchain technology has created enormous opportunities for startups and established businesses to reach new audiences and propose innovative business models. However, despite the great potential offered by the web3 industry, many projects face operational difficulties, both at the pre-launch and post-launch stages.
These projects may propose incredibly useful product ideas, but they often run into operational issues, such as the complexity of creating and managing smart contracts, difficulties with token distribution mechanisms, lack of credibility in the web3 sphere, and limited access to automation and AI technologies.
TARS AI (TAI), previously TARS Protocol, is a decentralized blockchain-as-a-service (BaaS) platform that aims to solve these issues by offering web3 businesses a comprehensive set of AI-powered operational modules. The platform's suite of products is designed to empower projects to start their web3 journey by leveraging modular AI-based solutions.
Key Takeaways:
TARS AI (TAI) is a decentralized platform that offers web3 operators AI-powered modular solutions and tools to streamline the launch of critical processes.
The key products offered by TARS AI include a curated hub of AI models, a personalized brand-promotion space, a solution for token vesting and management, a fundraising automation tool and an access management utility.
The platform's operations span eight blockchains and Layer 2 protocols, including all of the major smart contract chains.
What Is TARS AI?
TARS AI (TAI) is a decentralized, multichain platform that offers AI-powered modular solutions and tools, enabling organizations in the web3 space to quickly and efficiently launch and manage their tokens and projects. By offering a unified platform on which common tools and modules required for a modern web3 project are easily available, TARS AI helps new decentralized app (DApp) projects reduce the significant risks associated with early-stage operations.
In many cases, launching web3 projects requires rich technical skills, operational expertise, knowledge of the intricacies of specific chains and more. Many hopeful startups lack either such depth of expertise, or access to all of the necessary tools. As a result, they may face significant risks at these critical early stages.
At the same time, the rapid development of AI technologies creates unique opportunities to automate many operational processes in order to help streamline the management of a web3 project. TARS AI aims to offer its users AI products specifically tailored for typical early-stage web3 initiatives. Using the platform, blockchain projects can effortlessly transition into the world of web3, even when they don't have a large team of technical and operations experts.
The TARS AI project was launched in 2022 under the brand name of TARS Protocol. In September 2023, it was rebranded to TARS AI to reflect its focus on AI solutions. TARS AI is a multichain platform, operating on eight blockchain and Layer 2 networks, including Ethereum (ETH), BNB Chain (BNB), Polygon (POL) and Arbitrum (ARB). The project’s team plans to continue expanding the platform's reach to even more chains in the future.
How Does TARS AI Work?
TARS AI users have access to a diverse range of AI-powered tools, widgets and solutions to add to their DApps at the pre-launch and post-launch stages. In many cases, these modular solutions and products require little-to-no blockchain programming expertise, reducing the costs and barriers to entry for new project operators. For instance, the platform's AI-driven DAO governance module can be used as a plug-in solution that automatically sets the standards and rules for joining the DAO and participating in its governance processes.
Smart contracts power all of the available TARS AI processes and solutions. Client DApps on TARS AI can also integrate composable, modular AI-powered smart contracts into their projects, quickly automating tasks such as smart contract deployment and management, user authentication, and management of digital assets related to the project's fundraising activities.
TARS AI Key Products
TARS AI Hub
TARS AI Hub is the platform's AI models aggregator. It’s designed to provide web3 users access to a variety of pre-trained AI algorithms. The AI models available via the hub are completely free for TARS AI users to integrate into their own DApp projects. These models have been carefully curated by the TARS team to include only quality algorithms relevant to web3 project operators.
AI developers can contribute models to the hub and earn rewards in return for their contributions via the platform's Build2Earn incentive mechanism. Users can also engage with the hub's AI models and earn crypto rewards for using them through yet another incentive system, AI2Earn.
TARS Space
TARS Space empowers web3 startups to create their own personalized branded space on the platform to showcase their business and products, provide verifiable client testimonials and launch other TARS AI tools relevant to their operations. Operators can use TARS Space to build brand awareness and manage AI-powered tools through a unified interface.
Claimer
Claimer is an AI tool on TARS Space that automates and streamlines token vesting and management operations. Project owners can design highly customized token vesting and release schedules based on smart contracts and AI. The AI component of Claimer lets you dynamically adjust the schedules. Investors also benefit from using Claimer by gaining access to an AI-driven, streamlined token-claim process.
Smart SAFT
Smart SAFT, another TARS Space tool, automates the processes involved in project fundraising activities. Most web3 projects secure funds at the early stages of their operation using these Simple Agreements for Future Tokens (SAFTs). Smart SAFT automates the drafting and enforcement of such activities.
Using smart contracts, Smart SAFT offers a decentralized solution that enables investors to carefully assess their agreements’ terms and protect themselves from the inherent risks involved in web3 investment decisions. AI-powered algorithms ensure that the process of generating and enforcing SAFTs is safe and beneficial to both sides of the fundraising activity — DApp operators and token investors.
Web3 Staff Authenticator
Fraudulent or unauthorized access to project materials and DApps’ internal areas is a concern for many operators. Web3 initiatives at the early stages of their lifecycles are particularly prone to such violations. The Web3 Staff Authenticator is a decentralized identity verification solution that helps operators manage platform access. It can be used for authenticating staff, DAO members or other authorized parties.
Operators can add their employees' or DAO members' details, such as emails, social media handles and other relevant account details, to the project's branded TARS Space. These are held in a secure, decentralized way on the platform. Other project participants can then easily verify the details of an employee or DAO member via the Space.
What Is TAI?
TAI, previously referred to as TARS, is the native cryptocurrency of the TARS AI platform. It has a wide range of functions on the platform, including:
Governance— Token holders participate in decision-making on key protocol parameters, such as allocating funds from the treasury, token buyback and burn rates.
Means of payment — TAI is used for access to services offered by TARS AI.
Value accrual — Token holders are entitled to a proportion of the fees collected in the course of the platform's operations.
Incentive — Certain participants in the TARS AI ecosystem are rewarded with TAI, such as AI developers contributing their models to the TARS AI Hub.
Exclusive access — Users can enjoy tiered access to exclusive services and products, based on the amount of TAI they hold.
TAI is a deflationary asset with a maximum and total supply of 1 billion tokens, of which over 90% are locked. As of May 9, 2024, it’s trading at around $0.71.
Where to Buy TAI
The TAI token is available through Bybit's Spot market. From May 2–16, 2024, you can also participate in Bybit's dedicated campaigns to grab a share of the 35,000 USDT prize pool. Till May 15, a further opportunity to grab TAI tokens is available via an airdrop campaign on Bybit's Bybit's Web3 Airdrop Arcade, a user-friendly and gas-free aggregator of the most promising airdrops available in the web3 space.
Closing Thoughts
The unrelenting march of AI technologies has opened up unique opportunities across the blockchain industry. Using the remarkable proliferation of quality AI models and solutions, the TARS AI team has delivered a modular product that lets operators start their DApp journeys even when they don't have access to a big team of professional consultants and developers.
If you have a great web3 project idea, the implementation is now a lot easier and smoother, all thanks to TARS AI and the modules it offers. This is a rare platform that combines cutting-edge AI solutions with scalable web3 modular infrastructure. What TARS AI needs now is more web3 startups appreciating its AI-powered modular services and deciding to join the ranks of its users.
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