Preface

In the rapidly developing cryptocurrency market, artificial intelligence (AI) technology is gradually becoming an important driving force for innovation. FOMO (fear of missing out) as an AI-powered multi-chain token launcher on the SOL chain aims to change the way token issuance works by combining AI technology and decentralized finance (DeFi).

Background and Concept

With the advancement of blockchain technology, more and more projects are exploring how to integrate artificial intelligence with cryptocurrency. FOMO was born in this context. It is not only a token launcher, but also an intelligent ecosystem aimed at providing users with more efficient and secure token issuance solutions.

The core concept of FOMO is “intelligent and decentralized”, where each Token is paired with a customized artificial intelligence agent, which has unique abilities to operate autonomously and make decisions. This not only improves the efficiency of Token issuance, but also makes the whole process more transparent and secure.

Principle/Process of Launch

The launch process of FOMO is achieved through its binding curve-driven smart contract, ensuring that the token issuance of each project has the characteristics of transparency and decentralization. When a new project is launched on FOMO, its native tokens are bound to specific AI agents and the token price is automatically adjusted through the binding curve contract. This approach not only ensures the liquidity of the token, but also enables early investors to profit when market demand increases. During the launch process, users can directly purchase tokens and participate in the development and upgrade of the agents, further enhancing the utility and value of the token.

Governance Model of Artificial Intelligence Agents

The AI agents on the FOMO platform are dynamic entities that evolve over time through community-driven governance. This governance process ensures that each agent reflects the needs and desires of its stakeholders while balancing accessibility and control.

The four key components of the FOMO ecosystem:

The FOMO ecosystem consists of four core components: DAO, proxy NFT, proxy token, and FOMO token. These four components work together to provide the foundation for decentralized governance, token economy, and the continued development of AI agents on the platform. DAO manages the evolutionary decisions of each AI agent, proxy NFT grants creators ownership and governance rights, proxy token holders participate in governance through staking, and FOMO token serves as the foundational token for the entire ecosystem, supporting the platform’s incentive and reward mechanisms to ensure long-term operation and development of the system.

Each artificial intelligence agent created on the FOMO platform is managed by its own decentralized autonomous organization (DAO). These DAOs oversee decisions related to the evolution of the agents, including:

• AI Model Update: Incorporating New or Improved LLM Models.
• Personality and voice changes: Adjust the core personality or voice style of the special agent.
• Third-party integration: Add or modify integration with external applications such as Twitch.

The DAO structure allows transparent collective decision-making among stakeholders while ensuring necessary consensus for crucial changes.

There are two main types of stakeholders in governance:

Token NFT holder (creator)

When the AI Agent is created, the creator will receive a unique Agent NFT representing partial ownership. This NFT grants the holder super voting rights in governance decisions, contributing 15-30% of the total voting weight based on the decision category.

Key points of Agent NFT:

• Exclusive minting: specifically minted for creators upon release by agents.
• Transferable: can be sold or transferred to another party.
• Direct Editing Rights: Granting the ability to make subtle adjustments to the individual prompts of agents, without the need for DAO approval.

AI proxy token holders

Each agent also has a specific AI Agent Token specific to that agent. Holders of these tokens can participate in voting by staking their tokens to qualify.

Key points about AI proxy token:

• Inclusiveness: Expand the governance foundation and incorporate a broader community of agents into it.
• Staking Requirement: Token holders must stake their tokens in order to vote, ensuring active participation.

Active participation is crucial to the success of each DAO. To address the common challenge of low participation, the FOMO platform encourages participation through token airdrops (communities with higher governance voting participation rates will receive more airdrops from FOMO DAO) and participation incentives (encouraging active voting to ensure that the development of delegates aligns with the desires of stakeholders, while fostering a vibrant community).

fear of missing out (FOMO) Token

The FOMO token is the foundational token of the FOMO platform, providing support for a wide range of functions for incentivization, governance, and rewards for the entire ecosystem. The following outlines the token’s utility and the mechanisms in place to ensure its integration into core platform activities.

Utility of fear of missing out (FOMO) Token

FOMO tokens have multiple uses, including:

1. Staking: Locking tokens to earn rewards.
2. Combining: Improving the practicality of AI Agent NFT
3. Trading Volume Incentives: Rewards based on trading activities
4. Advanced Feature Unlock: Access Special Integration by Burning Tokens

These mechanisms collectively create demand for fear of missing out (FOMO), encourage active participation, and ensure the long-term value of the Token on the platform.

The main functions of FOMO token include:

1. Staking:

• Lock FOMO tokens to receive rewards from FOMO DAO.
• The rewards come from AI agent tokens, trading fees, and strategic partner tokens on the platform.
• Provide tiered reward plan (silver, gold, diamond), the longer the lock-up period, the higher the reward.

1. Combination:

• FOMO Token can be paired with AI Agent NFT to enhance its governance capability and reward potential.
• Binding FOMO Token can increase voting power and FOMO DAO airdrop shares.
• No lock-in period, but unbinding will incur a small fee.

1. Trading Volume Incentive:

• Creators can earn rewards based on the trading volume of their AI agent tokens.
• The incentive structure allocates transaction fees at different ratios based on the trading volume level (up to 75% maximum).

1. Advanced Features Unlocked:

• Some advanced features require users to destroy FOMO tokens, such as enabling external application integration or advanced features within the platform.
• The destruction mechanism reduces the circulation supply of tokens, enhancing the utility and value of the tokens.

A longer lock-up period offers higher rewards, incentivizing long-term participation.

Gate.io Spot Purchase Link:https://www.gate.io/en/trade/FOMO_USDT

AI Agent Market Cap Ranking

As of the deadline, the market value of AI Agents is $16.4B, with Artificial Superintelligence Alliance being the largest, with a market value exceeding 4B.

Summary

The FOMO platform combines artificial intelligence and blockchain technology, and changes the way tokens are issued through an innovative AI-driven token launcher. Its core concept is ‘intelligence and decentralization’. Each token is equipped with a dedicated AI agent and is managed by a decentralized autonomous organization (DAO) to ensure the development and governance of the agent meet the needs of the community. The FOMO token serves as the foundation of the ecosystem, providing various uses such as staking rewards, advanced feature unlocking, and transaction incentives, to promote active user participation and long-term value maintenance. Through token airdrops and participation incentive mechanisms, FOMO not only builds an efficient and secure token issuance platform, but also creates a vibrant and self-driven community.