AIRI meaning in Cryptocurrency ?

tuteeHUB earn credit +10 pts

Answer:

aiRight is the world’s first all-in-one NFT creation and copyright management platform. Oraichain is proud to be the ecosystem provider of aiRight: securing AI functionalities via AI Oracle, accessing Marketplace, organizing Galleries for DeFi, and cross-chain bridging for NFTs.

What is aiRight?

aiRight is an all-in-one NFT creation and copyright management platform. In order to support a transparent and truly trustless NFT ecosystem, Oraichain has developed aiRight, a complete copyright management and farming platform for NFTs that harnesses the power of the world’s first AI Oracle to determine authenticity and point of origin for multimedia works minted on-chain.

Users can generate AI NFTs, protect origin with copyright issuance, trade and tokenize unique artworks, taking advantage of our complete royalty mechanism for contributors on-chain.

Oraichain is the ecosystem provider of aiRight: securing AI functionalities via AI Oracle, accessing Marketplace, organizing Galleries for DeFi, and cross-chain bridging for NFTs.

What is AIRI Token?

AIRI, or aiRight Token, is the foundational token of aiRight with three main objectives: (1) governance, (2) farming, and (3) utility.

Governance: AIRI holders have the right to participate in governing the policy decisions on aiRight platform that include the service fee rate, buyback and burn policy, farming rewards, profit sharing, as well as all future utility integrations.

Farming: AIRI tokens are the rewards for yield farming on aiRight via Gallery or Gallery Token Pool.

Utility: AIRI token lives in Binance Smart Chain (BSC) , but it will rely on its own token, not BNB, for its services; therefore, some services such as NFT marketplace, gallery creation, and farming fee will require AIRI tokens for payment. This is a rational choice to build an internal economy within the aiRight system.

reference

Report

Posted on 01 May 2022, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

tuteehub_quiz

Write Your Comments or Explanations to Help Others



webstory list tuteehub
Miscellaneous in Cryptocurrency
webstory list tuteehub
Miscellaneous in Cryptocurrency


Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Important Cryptocurrency Links

open app imageOPEN APP