Interpreting $REX: How to empower AI Agent infrastructure through Modularization, and what the future holds

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远山洞见2024/12/23 08:54

By:远山洞见

I. Project introduction

REVOX.AI is a leading Web3 AI infrastructure platform dedicated to building a decentralized shared AI interface. By utilizing permissionless Machine Learning technology, it provides powerful tools and flexible resources for global developers to promote innovation and development of decentralized AI applications. Through Modularization proxy and intelligent authorization mechanism, REVOX enables developers to build diverse AI applications and services with lower barriers and higher efficiency, further promoting the growth of the Web3 ecosystem.

REVOX's flagship applications include Web3 GPT Lense, Smart Wallet, and ReadON DAO APP. These applications have attracted over 21 million global users and have become the best practices for combining decentralized AI and Blockchain technology. Web3 GPT Lense provides intelligent lenses based on GPT technology to help users deeply interact with content and applications; Smart Wallet integrates decentralized AI to make digital asset management smarter and safer; and ReadON DAO APP promotes further development of decentralized governance and community autonomy.

REVOX.AI mission is to fill the gaps in the existing AI ecosystem, especially in decentralized AI projects, and solve the problems of its application scenarios and infrastructure shortage. REVOX builds an efficient and open AI-Agent infrastructure, becoming a bridge between developers and users, promoting the combination of Web3 and AI, and creating more innovative applications and business opportunities.

Interpreting $REX: How to empower AI Agent infrastructure through Modularization, and what the future holds image 0

II. Project highlights

1. Permissionless Machine Learning Infrastructure: REVOX provides an open and permissionless Machine Learning Platform that allows developers to directly access decentralized AI resources, lowering development barriers and accelerating innovation in decentralized applications.

2. Modularization proxy and intelligent authorization mechanism: The architecture design of REVOX supports Modularization proxy, allowing developers to flexibly choose and combine different AI components to create customized decentralized AI applications. In addition, the intelligent authorization mechanism ensures the security and efficiency of the system.

3.REVOX's Web3 GPT Lense, smart wallet, and ReadON DAO APP have successfully attracted more than 21 million users, demonstrating the strong appeal and wide range of application scenarios of its products, especially in the field of decentralized AI and Web3.

4. Innovation of decentralized AI infrastructure: The AI-Agent infrastructure provided by REVOX provides developers with an interface to directly connect decentralized computing resources, solves the problems in practical applications of existing decentralized AI projects (such as Bittensor, IO.net), and enables decentralized AI technology to be widely used in the Web3 environment.

5. AI-driven Web3 revolution: REVOX is considered an indispensable "operating system" in the Web3 ecosystem. Its AI technology not only enhances the intelligence level of decentralized applications, but also accelerates the integration of AI and blockchain technology, opening up more possible innovation paths.

III. Market value expectations

REX is the native token of the REVOX.AI platform, with a current unit price of $0.0158, a circulating market value of about $6.86 million, a fully diluted market value of $45.29 million, and a total supply of 3 billion REX.

To evaluate the market potential of REX, we selected the following benchmarks: Vana ($VANA), PORT3 ($PORT3), and Spectral ($SPEC).

Benchmarking project

1. AI digital identity generation application: Vana ($VANA)

Unit price: $16.69

Market capitalization: 514 million USD

Fully diluted market capitalization: $2.003 billion

Circulation: 30,800,000 pieces

Total supply: 120,000,000 pieces

2. Decentralized AI service protocol: PORT3 ($PORT3)

Unit price: 0.04 USD

Market capitalization: 14.30 million USD

Fully diluted market capitalization: $40.48 million

Circulation: 354,879,722 pieces

Total supply: 1,000,000,000 pieces

3. Machine Intelligence Network: Spectral ($SPEC)

Unit price: $10.65

Market capitalization: 150 million USD

Fully diluted market cap: $1.065 billion

Circulation: 14,104,697 pieces

Total supply: 100,000,000 pieces

Market value comparison with expectations

1. Benchmarking Vana ($VANA)

If the market capitalization of REX reaches a level equivalent to Vana (514 million USD),

The REX unit price will rise to about $0.1713, an increase of about 983%.

2. Benchmarking PORT3 ($PORT3)

If the market capitalization of REX reaches a level equivalent to PORT3 (14.30 million USD),

The REX unit price will rise to about $0.0476, an increase of about 201%.

3. Benchmarking Spectral ($SPEC)

If the market capitalization of REX reaches a level equivalent to Spectral (150 million USD),

The REX unit price will rise to about $0.05, an increase of about 733%.

IV. Token Economics

$REX is the governance token of the REVOX platform with a total supply of 3 billion.

Token allocation is as follows:

Community Airdrop: 10%, unlocked when TGE

Community Staking and Future Incentives: 50%, 6-month Cliff unlock, 4-year linear unlock

Liquidity and Marketing: 5%, unlocked when TGE

Team and Advisor: 15%, 6-month Cliff unlock, 4-year linear unlock

Investors: 20%, 6-month Cliff unlock, 2-year linear return unlock

REX plays a core role in Platform Governance, payments, and ecosystem rewards. It is used to pay fees, and REVOX's core products (such as Lense, SmartWallet, Studio, Agent Marketplace) and third-party products that support REVOX AI payments accept REX as a payment method. Using REX payments can enjoy discounts based on dynamic prices. In addition, users can also stake REX as $sREX to participate in multiple benefits in the REVOX ecosystem and receive ecosystem rewards. REX and sREX support 1:1 exchange.

$sREX Token Utility and Design

The utility of the $sREX token includes:

Stake-to-AI

$sREX holders receive daily AI service credits based on their holdings, which can be used for REVOX's products and partner ecosystem.

Participate in staking rewards

$sREX holders can join the staking pool and receive additional rewards: within 180 days after TGE, the staking pool will be directly funded by the REVOX Foundation; after 180 days, the staking pool rewards will come from the foundation's funding and short-term redemption of deducted tokens.

Participate in token airdrop

For projects built in REVOX Studio or distributed on the REVOX Marketplace, $sREX holders will have the opportunity to receive airdrop tokens based on their participation and holdings.

Design features of $sREX:

It will not directly affect the price of REX.

The dynamic staking reward of $sREX delays the impact of inflation on $REX.

Short-term redemption deduction mechanism:

Short-term holders face higher token deduction rates for early unstaking, which can alleviate REX inflation.

Incentivize long-term holders.

Priority distribution of pledged pool profits to long-term holders to increase holding returns.

50% of the deducted tokens will be permanently destroyed.

The remaining 50% is allocated to the staking pool, increasing the rewards for long-term holders and enhancing the scarcity of REX.

According to official data, REVOX plans to launch the following important products in Q1 2025:

REVOX AI MEME token tool

REVOX AI Agent Market

The launch of these features will further expand REVOX's AI + Crypto ecosystem, improve the usage scenarios and market prices of tokens

Value.

V. Team and financing

Team background

The REVOX team is led by co-founders Neo Y and Zhenhao Hua, who have deep experience in marketing, technology development, and product delivery.

Neo Y: Founder of ReadOn, Serial Entrepreneur, former Baidu employee, specializes in marketing activities and user growth.

Zhenhao Hua: Graduated in Computer Science from Tsinghua University and Carnegie Mellon University, has held key positions at ByteDance and LinkedIn, and is proficient in product development and technology delivery.

In terms of financing:

REVOX has completed two rounds of financing, with a total public financing of $2 million, attracting support from several well-known institutions:

Seed round financing (August 2022): Led by SevenX Ventures, HashKey Capital, Foresight Ventures, etc., financing 2 million USD.

Strategic round financing (June 2023): The financing amount was not disclosed. Participating institutions include Cointelegraph, Arweave SCP Ventures, 7upDAO, etc.

VI. Risk Warning

1. REVOX.AI flagship apps (such as Web3 GPT Lense and smart wallets) have attracted 21 million global users, but the active level and stickiness of these users will take time to verify. If users' long-term demand for decentralized AI technology is insufficient, or the platform cannot provide enough incentives and value, it may lead to a weak User Churn or platform ecosystem.

2. REVOX.AI use a smart authorization mechanism to ensure the authorization and access of AI models. The security of this mechanism is crucial. If the smart contract or authorization process is poorly designed, it may lead to data leakage, abuse or unauthorized access, thus affecting the reputation of the platform and user trust.

VII. Official link

Website：https://www.revox.ai/

Twitter：https://x.com/ReadOnMe3

Discord：https://discord.com/invite/readon/

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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