Introduction
Last updated
Last updated
Token economies have proven to be powerful drivers of rapid innovation. The blockchain and cryptocurrency sectors have witnessed unprecedented growth and innovation due to the incentives provided by tokenization, resulting in a highly motivated and engaged community. Our thesis is that tokenization of AI applications would create a rapid innovation cycle.
Token-based economy encourages competition, rewards creativity, and accelerates the development of high-quality solutions. The most effective and popular AI app would naturally rise to prominence, benefiting both developers and users, however, AI and blockchain technologies don't naturally mix due to fundamental differences. This separation creates complexities and if there were an easier way to bring AI dApps to the market by abstracting these complexities, it would lead to rapid innovation.
That's where Slinky Network comes in. Slinky bridges the gap between AI and blockchain, enabling anyone to create and tokenize AI-powered micro dApps and build communities around them. Users can trade, hold, or use the tokens within the Micro AI dApp. This not only democratizes the development of AI applications but also ensures that the value generated by these applications is shared among the community.