AO Computer’s Token Model (with Partial Interpretation)
8 Key Facts and Dates about AO Token
1. AO is a 100% fair launch token that follows the Bitcoin economic model. (No pre-sale, completely given to AR holders, encouraging external funds and ecosystem application developers) 2. AO tokens will be used to secure messaging in its network. You can learn more in the new AO whitepaper. (most likely POS, node staking mining) 3. The minting mechanism will be retroactively run from 13:00 EST on February 27, 2024 (block 1372724). 100% of the AO tokens minted during this period have been awarded to Arweave token holders based on their respective balances held every 5 minutes. If you hold AR at an exchange or custodian, you should ask them how to receive your tokens. (The pressure is on users, because Arweave officials do not have that much power to make exchanges compromise directly. Only when users put pressure on exchanges can they make calculations. To make accurate calculations, exchanges still need to spend some effort)
This process is only for people outside of the United States. Claimers must prove that they do not reside in the United States.
Thank you for participating in the AO testnet! If you own AOCRED tokens, you can now convert them to "AO claim" tokens at a ratio of 1 AO to 1000 AOCRED for the next two weeks. Since there are no pre-mined AO tokens, these tokens will be provided to AOCRED holders from the AR-generated tokens held by Forward Research.
You must deposit your AOCRED before the deadline to qualify: June 27, 2024 at 11am EST.
This process is only for people outside of the United States. Claimers must prove that they do not reside in the United States.
To do this, you must follow this 2-step process:
Deposit your AOCRED from your wallet using the AOCRED tab on the AO token minting website (ao.arweave.dev) to confirm your AO claim.
Starting approximately February 8, 2025, visit the minting site to claim your AO tokens to your Arweave wallet. You must perform this step within one year of activation.
Please note that this second step is absolutely required in order to deposit your AO tokens into your wallet. Simply performing step 1 above without performing step 2 is not sufficient to actually own the AO tokens you are eligible to claim.
AO tokens will be transferable after ~15% of the total token supply has been minted (after the 100,000th 5-minute reward period), which will occur approximately February 8, 2025.
All tokens not claimed after February 8, 2026 will be forfeited.
No further AOCREDs will be created at this time, and there are no further plans for open access supercomputing foundations or forward-looking research involving AOCREDs.
Although AOCREDs will no longer be released, new tasks with packaged ARs will be added soon. Additionally, many other projects in the Arweave ecosystem already have incentivized tasks to perform.
Why did AR plummet? Because holding AR can get AO airdrops, but it will not be unlocked until February next year. Hot money can't wait that long, so they sold and left.
The official definition of AO is that it surpasses BTC, because technical logic does surpass BTC, but the market is profit-seeking, and it is found that holding AR cannot bring big returns in the short term, so they naturally leave.
But everyone did not notice that the overall economic model design is to make blood-sucking attacks on all other chains. The output of AO is not out of thin air, but because assets come to this ecosystem, AO is produced. So AO is valuable.
In the short term, the market will continue to fall, but I am still firmly bullish$AR $ETH $BTC
I plan to develop a private version of Baidu Cloud Disk based on arweave, which is visible only to myself. I pay once for uploading and store it permanently. Do you think there is such a demand? The specific function details can be gradually added in the development process based on everyone's feedback. Now I don't want to develop a product behind closed doors for half a year or a year. $AR
Looking at the recent layout of the AR team, I think it will be in the top ten in the future.
1. The team has a strong technical background. Although the technical team is not so large now, in fact, a few core people can really advance the code. Software requires people with expertise rather than too many people. Sometimes the code gets worse and worse.
2. I think it is very stable in terms of technology, and I am also exploring this route.
3. Discord has just announced that the CRED distribution will end the testing phase on 0608. The earliest task 1 is 500 CRED rewards. At that time, it can be mined automatically, but I was translating the first two chapters of documents for the official, and I felt that I missed a lot! Otherwise, it should be no problem to get hundreds of thousands of CREDs at that time! But I guess there should be few people who can get it! Because when it was first possible to automate, few professional miners paid attention to it.
The following tasks all require a lot of programming background, and only one winner is needed, which shows the official recognition of the value of CRED.
The next pressure point is 49,50 #ar #AO , but the official said that ao's own tokens are completely fair and holding $AR has the opportunity to obtain mint qualifications. So it is bound to bring about an increase in demand for AR in the near future. It may easily break through 50.
The next pressure point is 49,50 #ar #AO , but the official said that ao’s own tokens are launched completely fairly and holders of $AR have the opportunity to obtain mint qualifications. Therefore, the demand for AR is bound to increase in the near future. It may easily exceed 50.
Q: Based on your understanding of the market, what is the highest value of this coin's crazy bull market?
A: This cannot be judged. Because in fact, any number is wrong. But from a technical point of view, the unit price of $AR should be the first. Although the total amount is more than $BTC (6.6k total), the actual application scenarios and the technical route of blockchain 2.0 have laid this foundation.
But if we further integrate various factors in the financial market, there are several potential possibilities that I can think of at present:
1. At present, AO's currency has not been qualitatively defined, and there is no clear correlation with AR, etc., so everyone in the market is buying AR, so AR is pushing it up 2. After AO is qualitatively defined, it may turn to AO, causing AR to fall back. 3. The AO technical solution route will inevitably be gradually discovered by more technical personnel and further studied. In the future, more projects with similar routes may emerge and divert traffic. 4. When multiple technical teams compete at the same time, it depends on which technical team moves faster. In this case, the AO team may fall behind, and the value and market expectations will shift to new team projects.
$ORDI made a profit of 2500 in a short-term wave, and then $AR lost a little bit, now all positions are cleared. But there is still a little profit today. Temporarily empty positions.
Tonight, continue to promote $IXOProtocol, an improved version of ERC404 Launchpad. Leave a message if you want to be an early bird!