AMA Recap: CRYPTO MINERS X OXAI

CRYPTO MINERS
9 min readFeb 26, 2023

OxAI Web3 Infrastructure Protocol unlocks Decentralized AI Computation for any human or machine in the world, without compromising data privacy or security. The OxAI Bot puts AI-powered insights in the palm of your hands to augment your intelligence and empower you to make smarter, more informed decisions with the AI Suite. OxAI brings together the best of AI and blockchain technology and is built on the principles of decentralization and inclusivity, with a platform that offers powerful AI-based services, lowers the barriers to entry and makes AI accessible to anyone and everyone.

We hosted an AMA session with OXAI on 19th February.

Mr. Ramsy was the host from Crypto Miners and Mr. Toshi was the guest. He shared delightful knowledge and unique features of OXAI.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to Our Another AMA session With OxAI

To help us learn more about OxAI, We are lucky to be joined by Mr. Toshi

Hey 👋

Oxtoshi (won’t dm first):
Hi Ramsy, pleased to meet you. I look forward to sharing more about what we are building at OxAI and our vision for building an AI future with blockchain.

Ramsy | Crypto Miners:
Nice to meet you too 🤝

Thanks for joining with us today 🤝

First of all Can you introduce yourself to us?

Oxtoshi (won’t dm first):
For sure, we were building with AI well before the hype as one of the first beta testers of GPT3 in 2020. While working with it some time ago, I noticed a lot of details about the infrastructure and realized that we could actually bridge AI with Blockchain technology and build the rails for users and machines to access AI computation on-chain.

Ramsy | Crypto Miners:
Alright

Now Let’s begin our first part of the session — Project Introduction

1. Can you Make a concise and brief introduction about OxAI? What is your vision behind the project?

Oxtoshi (won’t dm first):
The first focus is to best serve our core community of crypto traders and investors with AI Apps built into the OxAI Bot.

We’ve connected GPT3 to live data sources and curated market research and analysis, making it immediately useful to users.

For example, we have ETH and BTC on chain analyst AI which looks at information around whale wallets, smart wallets activity and accumulation and movement.

There is Narrative Trader AI which is trained to catch narratives early, for example it notified users for the recent zk rollup narrative quite early.

There is a whole suite of AIs in addition, such as Gigabrain Trader AI, Counter trader AI, Macro AI and more.

There are AIs which give insights into DeFi Alpha, NFT / GameFi Alpha and more Trading insights.

Our ultimate vision is to create a fully on-chain decentralized AI computation protocol that allows any user in the world to access AI computation.

So OxAI isn’t just a bot for trading, it is the beginning of infrastructure which enables AI computation to be accessed on-chain by humans or machines. The first sets of use cases are in the experimentation stage with AI Apps built into the OxAI Bot.

As for scope beyond that, you can review the whitepaper ( https://1347350951-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYkYOw97kwaMqM1nwH2SL%2Fuploads%2Feso6vOFayXtwZNBvvbeH%2FOxAI_Litepaper.pdf?alt=media&token=a47c0308-63f1-4e19-afb0-5919e8fb76ce ) and more details will be released when ready on expanding the utility of the OxAI Suite.

Ramsy | Crypto Miners:
That was a great start 👍

So What are the features of OxAI that makes it superior and special as other AI Projects?

Oxtoshi (won’t dm first):
OxAI is infrastructure, agnostic to any AI model, bringing together developers who build AI services and consumers (humans or machines), its like uber for AI models on-chain. So it’s flexibly applied to any AI models that may emerge as viable competitors to gpt3 in the future.

The way we make this possible is by creating a smart contract relay, where a network of decentralized AI operators will listen for transactions on the smart contract, and compete to be the first to deliver high quality data back to the requester. The system is incentivized to produce high-quality results with a reputation system. It will also include privacy by default, to protect user data security, and OxAI is built with the intention to become the primary on chain rails for AI computation across the world.

A lot is in the works, and we remain focused on execution of the vision. You can see roadmap progress so far on the homepage and access more details in the documentation on https://docs.oxai.com/oxai/

Ramsy | Crypto Miners:
3. Can you provide an overview about the various tiers in OxAI Ecosystem? How does it works?

Oxtoshi (won’t dm first):
When you look at https://oxai.com/ and scroll to AI Power Levels. Cosmic Bull is the highest tier, requiring staked eOXAI. Being a Cosmic Bull allows you to access the highest tier of AI Apps in the OxAI Suite as well as all the tiers below it.

Staking is coming soon, so for now anyone holding the appropriate OXAI quantity in their wallet can authenticate and access the OxAI Suite.

Ramsy | Crypto Miners:
That’s cool 👍

Now Share about the Native token $OXAI, what are its usecases and utilities in Your ecosystem? Also provide With Us the tokenomics

Oxtoshi (won’t dm first):
OXAI can be staked to access the highest AI Power Levels in the OxAI Suite, and the staked eOXAI holders would govern aspects of the infrastructure protocol when it’s available on-chain.

OxAI DAO governs:
● Setting the rules, regulations, and incentives that govern the protocol and its users.
● Setting rewards for token stakers, content providers, AI Operators, referrers, and users.
● Governing AI Operation Fees and AI Store fees.
● Propose implementations and upgrades for protocol

Tokenomics are available through https://oxai.com

Ramsy | Crypto Miners:
Let’s move to our last question from this segment

5. What OxAI achieved so far and What important updates and developments can we expect in the future?

Oxtoshi (won’t dm first):
A fully on-chain protocol is on the roadmap, and there is an alpha version release of the OxAI Alpha Hunter Suite which puts AI powered market insights into the palm of your hand, with >10 AIs that procure live data from curated feeds of the best market analysis and research on the internet in the crypto space, so users can make better, more informed decisions.

Anyone can try it free via https://oxai.com

A lot is in the works, and we remain focused on execution of the vision.

You can see roadmap progress so far on the home page and access more details in the documentation on https://docs.oxai.com/oxai/

Ramsy | Crypto Miners:
Thanks for this well detailed introduction about OxAI

That’s the wrap up of our the first part of the AMA session ✅

Oxtoshi (won’t dm first):
It’s been a pleasure

Ramsy | Crypto Miners:
Let’s now proceed to our Twitter Questions section

I hope you’re ready for that!!

Segment 2️⃣: Twitter Questions

1.What must be done to overcome the major technical and fiscal challenges before decentralized AI-generated data can be stored on the blockchain, while protecting the privacy, security, and intellectual property rights of the data owners?

Here is the first question from Twitter

Oxtoshi (won’t dm first):
We’ve already solved this in development testing and have a solution to enable privacy and access for authorised decentralised agents while relaying data on-chain. More details would be shared when the time comes.

Ramsy | Crypto Miners:
2. I read that The OxAI Service NFT Store allows AI Operators to distribute and monetize the applications they build on top of the OxAI. So, what NFT user need to prepare first if want to join the NFT ecosystem of OxAI? What are the benefits and incentives for NFT creators in OxAI?

Oxtoshi (won’t dm first):
Good question. We are developing an AI Store where any developer in the world would be able to create AI-based services and embed them into NFTs that anyone can mint and/or use, which generates fees to the holder of the AI NFT as royalties.

Considering the holder could generate royalties from usage of their AI Service NFT, it gives anyone in the world an incentive to share alpha, creating essentially the potential for an auction model, or data feed model, or opinionated structured contextual models embedded in NFTs, which could be related to anything from trading, investments, robotics, agriculture, smart cities, health care etc. All this with the ability to make them unlimited use or limited use, with time durations dependent on the circumstances.

Ramsy | Crypto Miners:
That’s the wind up of our twitter segment

Now Moving on to our last segment — Live Q&A

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guest choose some best to answer)

1) Muneeb:
There are two tokens OxAI Token (OXAI) and Escrowed OXAI (eOXAI). Why the need of two tokens system? What are the usecases?

Oxtoshi (won’t dm first):
eOXAI represents staked OXAI giving access to OxAI Suite and DAO Governance.

2) Mahmud Kano:
What are the team behind 0xAI and the their experience in the industry?

Oxtoshi (won’t dm first):
We have highly skilled AI developers and also our smart contract devs are very experienced, top tier auditors too. So we prioritize efficiency and security for users and the OxAI protocol.

3) North:
You mention that AI operators will listen for transactions on the smart contract, and compete to be the first to deliver high quality data back to the requester, how would you ensure this data is secured and would there be any extra fee charged by AI operators? Would there be any ranking system for this AI operators (in terms of best in delivering service)?

Oxtoshi (won’t dm first):
Good Q. The way we make this possible is by creating a smart contract really, where a network of decentralized AI operators will listen for transactions on the smart contract, and compete to be the first to deliver high quality data back to the requester. The system is incentivized to produce high-quality results with a reputation system. It will also include privacy by default, to protect user data security, and OxAI is built with the intention to become the primary on chain rails for AI computation across the world.

4) Didin09:
“machine learning and artificial intelligence are the most complicated forms of software engineering”
what made you want to target this industry?

Oxtoshi (won’t dm first):
Depends on your IQ, skills and experience.

5) i thingking about me || Buy PCX ;*:
you have 2 blockchain networks in the $OXAI BSC & ETH tokens then are you going to add more like in polygon or something else in the future and how do you keep the price of the $OXAI token in this current bear market, what kind of marketing strategy will the project do you to investors?

Oxtoshi (won’t dm first):
OxAI has a lot of eyes on the project. When you look at https://coinmarketcap.com/currencies/oxai-com/ and https://www.coingecko.com/en/coins/oxai-com we’ve been trending consistently, and on a lot of watchlists organically. People have been asking us to go multi-chain for which we are pretty much ready to do, and we have solid plans lined up for marketing and growth. Just putting the foundations in place first.

6) Sarika ∆:
Audit certificate?

Oxtoshi (won’t dm first):
First audit available in https://docs.oxai.com and Audit with Certik is nearing completion too https://www.certik.com/projects/oxai

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou So Much Toshi For your valuable answers and information about OxAI ❤️

Time To Conclude Our AMA Section

Lastly is there anything else you would like to share or you want us to know?

Oxtoshi (won’t dm first):
Thank you! It was a pleasure to share more with you about OxAI. Anyone can try the OxAI Alpha Hunter Suite right now for free while we are testing the AI Apps with users for feedback and upgrades. You can access it via https://oxai.com and get 10 free questions a day as we test.

Ramsy | Crypto Miners:
On Behalf of Miners Community Wish all the very best for OxAI And The Entire team behind the project❤️🤝

Have a nice day👋

Community, If you would like to learn more about OxAI, here are some useful links for you:

Website: https://oxai.com/
Twitter: https://twitter.com/OxAIOxAI
Telegram: https://t.me/OxAIcom
Discord: https://discord.gg/XUd76cWRHR

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CRYPTO MINERS

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