Sleepless AI Debuts on Binance Launchpool

The Token

AI is the native utility token for the Sleepless AI.

• Ticker: $AI
• Token Type: BEP-20
• Contract Address: 0xBDA011D7F8EC00F66C1923B049B94c67d148d8b2
• Total Maximum Supply: 1 billion AI
• Circulating Supply: 130 million AI upon listing on Binance

Token Allocation

• Binance Launchpool: 70 million AI (7% of the total token supply)

• Initial Airdrop: 10 million AI (1% of the total token supply)

• Investors: 180 million (18% of the total token supply)

• Team: 180 million AI (18% of the TTS)

• Short-term Growth Fund: 290 million AI (29% of the TTS)

• Long-term Treasury Fund: 270 million AI (27% of the total token supply noncirculatable)⁶

  It is to be noted that the project has raised 3.7MM USD from three rounds of private token sales, where 7.6% of the AI total token supply has been sold, and the latest valuation is $200M.⁷

  The project's partners include Binance Labs, Folius Ventures and Foresight Ventures.

Token Utility ⁸

• Governance: Token holders can vote on gameplay governance decisions, such as prioritizing in-game item upgrades or deciding future Accessories/New Boyfriend Types.

• In-game purchase: AI can be exchanged for in-game tokens, which can be used to purchase clothes, accessories, upgrade cards, etc.

• Revenue sharing: Stake $AI and share transaction fee income based on your governance weight.

• Top-up discount: AI holders can have a top-up discount with in-game tokens.

• In-game PK: Users can stake $AI to vote for their own boyfriends or girlfriends to compete, with the winner receiving more rewards.
  
  

Binance Launchpool Details

• Farming Period: 7 days, 28th December 00:00 UTC to 3rd January 2024, 23:59 (UTC).

• Token Rewards: 70,000,000 AI (7% of total token supply)

• Only KYC-verified users are eligible to participate.

Farming Pools

As usual, users are allowed to stake in any of the supported pools and farm rewards which are claimable at any time. Those with BNB in the BNB Vault and other locked products are automatically eligible to receive rewards credited to their Spot wallets.

1️⃣ BNB Pool

• Maximum hourly cap per user: 33,333.33 AI
• 56 million AI is allocated for this pool (80% of the total Launchpool rewards), 8 million AI per day.

2️⃣ FDUSD Pool

• Hard cap per user per hour: 4,166.66 AI
• 7 million is allotted for this pool (10% of the total Launchpool rewards), 1 million AI per day.

3️⃣ TUSD Pool

• Hourly max cap per user: 4,166.66 AI
• 7 million is allotted for this pool (10% of the total Launchpool rewards), 1 million AI per day.
  
  

Token Listing

AI is to be listed on Binance with the Seed Tag on 4th January with the following trading pairs:

• AI/BTC
• AI/USDT
• AI/BNB
• AI/FDUSD
• AI/TRY

Other Info

For further info, check the project's roadmap and the FAQs on the Whitepaper.

There's an expected airdrop and they have given some clues about it. Some of the activities are already ongoing (voting campaign, daily check-in, posting on X, etc). The Genesis NFT auction is coming on the 31st of December too via the NFPrompt and those who participate (even those with losing bids in the auction) will be eligible for the airdrop.

For more details, check the official channels:
Website / Twitter: Labs / Twitter: HIMAIBF / Telegram / Discord

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<sub>For infotainment only. DYOR. None of these are investment or financial advice.

Info Sources: Binance / Sleepless AI / Whitepaper / Chainplay / Binance Research</sub>

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_{Lead image edited on Canva. Images via Sleepless AI. No copyright infringement intended. 27122023/18:00ph}

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