16% of the AIT supply burned! 🔥

After transitioning from our previous train-to-earn model to a new model deploying on Bittensor, we've completely shifted our reward mechanisms to $ETH.

Initially, we had allocated 30% of our total token supply to support the old train-to-earn model, with these tokens set to vest daily over the forthcoming 15 months.

Since these tokens are no longer designated for rewards, we've opted to burn ~16% of the total supply worth $90M in USD, equating to a burn of 150M $AIT today.

📸 Proof: https://etherscan.io/tx/0x6d96396814deb613b408e24bb60373de68690589f681bc636952458a44e340ea

Starting today, we plan to continue with a weekly burn of 2.5M $AIT for the next 15 months.

📌 Tweet:
https://x.com/AITProtocol/status/1760309109608288607?s=20

10000 holders and counting! 🎉

In less than 1 month we have doubled the number of $AIT holders. 🫂

Thank you for your constant support as we gear up to achieve our major milestones in 2024, we can't wait to share our latest news with you all!

Hang tight ⌛️

📌 Tweet:
https://x.com/AITProtocol/status/1760600219408793886?s=20

A new era for AIT and TAO holders ✨

The AIT Subnet documentation on Bittensor is now live! 🎉

AIT’s integration into the Bittensor network is set to unlock a wealth of opportunities for its community members.

📌 Tweet:
https://x.com/AITProtocol/status/1760636321498894445?s=20

✨ Investor Highlight series ft. Metabros

A huge thank you to our incubators and partners at Metabros, this is what they had to say:

"Since incubating $AIT, we recognized its data annotation platform's profound impact on the AI industry by decentralizing the workforce and streamlining AI training. We're proud of $AIT's success and ongoing development.

Notably, $AIT is now the pioneering web3 company on Bittensor's subnet, marking a significant milestone in the convergence of Web3 and AI."

📌 Tweet:
https://x.com/AITProtocol/status/1760701518414479672?s=20

New IDO Unlocked! 🔐

Users staking in 56 days pool will be eligible for the upcoming IDO on the $AIT platform 🎁

Full details coming out soon. Get ready, $AIT stakers! 👀

📌 Tweet:
https://x.com/AITProtocol/status/1760710743442247968?s=20

👀 Ready to mine on Einstein-AIT?

We’ve made a video to prepare those interested in mining on Einstein-AIT subnet!

Watch the video and go through our github to try it out!

📌 Tweet
https://x.com/AITProtocol/status/1761016600004592040?s=20

✨ Investor Highlight series ft.
@CryptoWizardd


Kind words from the one and only Wizz 🔮

"I speak a lot of crystals with my predictions and $AIT has been one of those gems.

As an investor, I have seen them grow from becoming a novice AI project to a powerhouse deploying on @bittensor_.

I was a very early investor in Bittensor and AIT so personally cannot wait to see what $TAO and $AIT will do together. I’m sure it will all be amazing."

📌 Tweet
https://x.com/AITProtocol/status/1761049648129561052?s=20

✨ Investor Highlight series ft. Danilo from Morningstar VC

"AIT has been one of the our most intersting investments within the AI vertical.

Our team has been actively supporting the project and finding ways to grow its reach and value.

It's been a very positive expereience to see the team's numerous developments, growth achievment, and milestones, such as becoming the first crypto subnet to deploy on Bittensor.

Many more things to come!"

📌 Tweet:
https://x.com/AITProtocol/status/1761390456514973729?s=20

🔥 Partnership Announcement

@AITProtocol has partnered with @gTAOventures on our Bittensor journey.

GTV is a venture builder dedicated to contributing critical infrastructure and onboarding talent to the Bittensor ecosystem.

Together we're working to raise the bar for LLMs on Bittensor. 🤖🚀

Get ready for the new!

Read the full post👇
https://medium.com/@aitprotocol.ai/celebrating-the-partnership-of-ait-protocol-and-general-tao-ventures-and-a-new-era-for-the-4fe2f7760998

#AIRevolution $TAO $AIT

📌Tweet: https://x.com/AITProtocol/status/1761721692349710711?s=20

NFT holders Revenue Share Update!🎁

AIT Protocol is thrilled to announce the final NFT holders revenue share for our current model on March 1, 2024.

With our mainnet launch imminent, subsequent to this month's revenue share, all future drops will have a closer connection to "train to earn" tasks within our front-end app, set to debut next month.

Transitioning to a merit-based reward model, earnings will be directly proportional to the tasks completed, potentially reaching up to $500 per individual!

Nonetheless, for the current month's NFT revenue share, we will distribute the airdrop equally for all NFTs before implementing this new model in future revenue share drops.

📌Tweet: https://x.com/AITProtocol/status/1761761545921720549?s=20

Introducing Einstein-AIT 🤖🔥

Bittensor network uses $TAO as an incentive mechanism to enable the creation, innovation, and permissionless access of digital commodities such as AI and machine learning models.

Through our latest partnership, we've launched 1 of the first 32 subnets on the Bittensor ecosystem. We are developing a subnetwork that will improve the response accuracy for LLMs and maximize rewards for miners on Bittensor.

The Einstein-AIT subnet will act as a supercharger for other LLMs on Bittensor.

❓ Why is this important for the AIT Community ❓

🏇 AIT is entering the subnet horse race.
🌎 AIT tapping into a network of networks that will provide Data annotation jobs for our global workforce!

🫂 AIT will earn $TAO from subnet operations which will be re-invested back into $AIT growth and community through:
-$AIT token buybacks
-Platform development
-Growth of the $AIT token holder base
-User incentives

📌 Tweet
https://x.com/AITProtocol/status/1762093989891555340?s=20

14% of the total $AIT supply burned! 🔥

We have just burned 140M $AIT tokens worth approximately $94M, from the buyback wallet!

📸 Proof: https://etherscan.io/tx/0xf1858cadadf5c820d856d9c3cd31ffbf0bbf2a19c7e638489553be3462181d15

✨We will continue our weekly burn of 2.5M $AIT for the next 15 months.

Scarcity incoming 🔥

📌 Tweet
https://x.com/AITProtocol/status/1762131722060058768?s=20

Einstein-AIT is now listed on TaoStats 🎉

Know more: https://taostats.io/subnets/netuid-5/

📌 Tweet
https://x.com/AITProtocol/status/1762154051846746236?s=20

✨ Investor highlight series ft. Pentosh1

This is what Pentoshi had to say:

"As an investor in $AIT Protocol, I've gotta say, working with the team has been nothing short of amazing.

They've pulled off something incredible by becoming the first crypto subnet to deploy on @bittensor_.

It's a big deal, and it really shows their commitment to the project. It's been awesome being on this journey watching them set new standards in the blockchain space.

Huge congrats to the team!"

📌 Tweet
https://x.com/AITProtocol/status/1762423174489162039?s=20

Twitter Space reminder 📣

Join us this Friday with Wolf, Tony and Brian Evans to discuss AI and Data Infrastructure.

🗓️ Friday at 12:30 PM EST
🎙️ https://twitter.com/i/spaces/1yoKMwlPEmeJQ?s=20

📌 Tweet
https://x.com/AITProtocol/status/1762460867138904350?s=20

Calling all $AIT Stakers! 📣

The second snapshot for our revenue share program will be taken on February 28th, 2pm UTC

A total of 100 $ETH will be distributed across $AIT stakers.

📸 Snapshot: February 28th, 2pm UTC
💸ETH added to the pool: March 1st, 2pm UTC

📌 Tweet
https://x.com/AITProtocol/status/1762485601499001017?s=20

Subnet-AIT a masterclass in design 📃

Thank you Keith for hosting SN5 on the Bittensor Guru Podcast.

OpenTensor the 11,000+ holders of AIT Protocol community would love to listen in for a TGIF-T when ready. #BittensorNarrative

Podcast link:

https://podcasts.apple.com/us/podcast/bittensor-guru/id1715552186?i=1000647274554

https://open.spotify.com/episode/246NYoMIxjjqNGcIb4uQyv?si=SrFMpwqOQ4q7Ay87LquEow

📌 Tweet
https://x.com/keithsingery/status/1762582928276824303?s=46