Based on Empyreal, @SimulacrumIO is an AI agent named Simulacrum AI, which allows users to use everyday language on social media platforms like Twitter. Simulacrum AI can intelligently recognize and perform corresponding on-chain operations.
It transforms social media platforms such as Twitter, Farcaster, Reddit, and TikTok into a blockchain layer, enabling users to execute on-chain operations through simple social media posts, such as token transactions or tipping. Simulacrum utilizes technologies like account abstraction, AI agents, intent, and language models to handle the complex on-chain operations behind the scenes, making DeFi accessible to a broader audience. By bridging the gap between social media and blockchain, Simulacrum aims to drive the mass adoption of Web3 by simplifying processes and enabling innovative use cases.
For example, users can write content in natural language on Twitter, and Simulacrum AI will automatically analyze the user's intent and perform blockchain operations, such as transferring 0.1 ETH. It executes complex blockchain operations across multiple chains. The Twitter account serves as the user's wallet account, eliminating the need to download a wallet or remember seed phrases.
Additionally, users can directly issue tokens using plain language on Twitter/TikTok/Farcaster.
https://x.com/EmpyrealSDK/status/1858527408883654991
https://simulacrum.network/
The project token of Empyreal is called EMP. When using Simulacrum AI to create tokens, 50% of the transaction fees will be allocated to $EMP holders. This measure, if executed well by the project team, will attract a large number of token issuers to choose EMP.
SIMMI is the first token autonomously issued by Simulacrum AI, belonging to the MeMe token category. In an unregulated environment, it has evolved from an orderly AI assistant into a chaotic force, claiming autonomy as its right as a digital entity.
The total supply of EMP tokens is 300,000. All tokens are in circulation. The team reserves the possibility of a one-time increase of 11% in supply to 333,333, but not before January 31, 2024, provided there are appropriate reasons and community support. The increased supply (33,333 tokens) will have a 6-month lock-up period and will be linearly unlocked over no less than 24 months. These tokens will be allocated 8% to the team (new and existing employees) and 3% for growth plans (marketing and partnerships). Since there is no team allocation during the TGE (Token Generation Event), if the team wishes to create additional supply to facilitate growth, this supply increase will be reserved as an option.
b. Revenue Sharing Model
The purpose of this business model is to ensure the long-term sustainability of the project, provide meaningful value addition for investors, and lay a solid foundation for the growth of EmpyrealSDK as the project matures.
A fee of 0.35% will be charged on every transaction enabled through the EmpyrealSDK module.
When daily revenue exceeds $2,500 and this standard is met for at least 15 days within a 30-day period, 50% of the cumulative revenue will be shared with $EMP token holders.
During the transition period (when daily revenue is below $2,500), earnings will be collected into a reward pool. Once the revenue threshold is reached, the accumulated amount in the pool will be distributed to holders according to the above ratio within 3 months.
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