Introducing Kadena Gold

The Fourth Industrial Revolution has arrived and with it, a projected growth of over 150 billion USD for Artificial Intelligence by 2025. While AI has gained increasing popularity in recent months, users have started to notice biases and censorship in NLP algorithms provided by large companies. These restrictions have caused concern among many, with OpenAI being a prime example of an algorithm proven to be biased based on political ideologies. It is of utmost importance that AI is not controlled by a single entity, and this is where Kadena Gold can play a crucial role.

Our team is developing a decentralized AI platform with a focus on accessibility and affordability. Our minimum viable product will be our GraphQL API. The platform will be hosted on Flux Nodes and built on the Kadena Blockchain. In the following sections, we will delve into the in-house GraphQL API, vault, the tokenomics, and the benefits it brings to the Kadena ecosystem.

GraphQL API

Legend has it that the Cueva de los Tayos, located on the eastern slopes of the Andes mountains in Ecuador, contains a library of golden sheets that possess the knowledge of the Gods. Our objective is to provide this knowledge to developers through an easy-to-use API. Natural language processing (NLP), a subfield of computer science and artificial intelligence, can be prone to bias, as we mentioned earlier. To address this issue, we are developing the Golden Library protocol, which will aggregate multiple NLP APIs from various sources to offer users the most resistant data to censorship. Additionally, we will create a user-friendly front-end dashboard for non-developers to access. Our Golden Library protocol will include a free trial by default, with a set number of API calls. This approach will aid end-users in deciding if this product is a good fit for them. If the user is satisfied with our AI service they test, they may purchase additional services directly with KDG and KDA.

Vault

Users will be able to lock their KDA to earn Kadena Gold, the native utility token for the Kadena Gold platform. The longer users lock their KDA, the higher their Kadena Gold rewards will compound based on the Kadena Gold multiplier formula. The APY will be based on the time duration a user selects. When a user’s lock is over, they will receive their Kadena Gold tokens they earned. Our pact module code for our vault is an updated version of the free.babena module with some minor changes:

• X-chain transfer logic has been added to the module.
• There will be no emergency unlock function.
• The module is guarded with the latest PACT standards.
• The minimum lock is 365 days.

Tokenomics

In order to subscribe to the Golden Library protocol, users will be required to use KDG and KDA. 1% of every subscription sale will go back to liquidity pool provider rewards. The team will earn a % of every AI subscription sale.

• Maximum Token Supply 100 million <=
• Token locks will end 1 year after opening.
• Kadena Gold can only be acquired by locking KDA for KDG
• Team members can only acquire Kadena Gold by locking KDA for KDG.
• The team will provide base liquidity for the KDG / KDA pair.

Team

Our team is made up of unique individuals who possess the right skill sets in full-stack development, product management, and sales. We are bootstrapping this project, and there will not be a token sale.

Goals for the Kadena Ecosystem

• Fight against Kadena supply inflation: Millions of new Kadena coins are hitting the open market on a yearly basis through mining. By taking KDA out of circulation with locks, we can ease some of the selling pressure during this prolonged bear market.
• Bring in new users: We want to bring in as many new users as possible to the Kadena Ecosystem. We have a rich ecosystem that has barely been discovered yet. We believe AI projects will help bring in new users.
• Bring in AI startups: By giving small AI startup companies a voice, this will give AI startups the incentive to work with the Kadena Ecosystem.
• Reward users who stuck around: This bear market has been pretty harsh on a lot of people. We want to give a little something back to Kadena holders who stuck around through the hard times.

The Journey Ahead

Our team is delighted to be a part of the vibrant Kadena ecosystem, and we are eager to work alongside the community to ensure the success of this project. Having weathered the storm of this bear market, we are now ready to take the next steps and bring our vision to life. We sincerely appreciate your time in getting to know our project and encourage you to follow our social media channels for updates and news. Thank you for your support!

Social Links:

Website: https://kadenagold.io

Twitter: https://twitter.com/kadenagold_io

Telegram: https://t.me/kadenagold_ai