What Is Image Generation AI? (IMGNAI)

imgnAI is building a new leader in consumer AI. Their flagship product, Nai, is a popular AI-powered text-to-image app currently live on Telegram, Discord, and via Web. imgnAI empowers users of all skill levels to access the latest innovations in consumer AI and explore their imagination.

Who Are The Founders Of ImgnAI?

The ImgnAI team are crypto native; their goals are to pioneer new consumer-grade AI, and to push the boundaries of what AI-based image-rendering technologies like Nai can do. In the long term, ImgnAI hopes to make Nai more user friendly so that their users can better enjoy the time they spend creating AI-based art, and to develop new and exciting AI-based technologies.

The ImgnAI development team specialises in cryptocurrency, smart contract, and web development, as well as Machine Learning & Artificial Intelligence. No information about the team’s real identities is publicly available, but they interact with their community via Twitter, Telegram, and Discord.

ImgnAI’s product roadmoap involves three phases. Phase 1 was the pre launch, where the team raised liquidity from investors to launch the $IMGNAI token. Phase 2 saw the team incoroporate text-to-speech functionality into Nai, improve the image render quality, launch some new in-house models, and upgrade the tech stack. And in Phase 3, the team hopes to announce its first major partnership, introduce Nai Premium, and launch the $IMGNAI token staking and revenue sharing.

What Makes ImgnAI Unique?

ImgnAI will soon provide $imgnAI token holders with a share of its revenue using a simple stake-to-earn model. Those who lock-up their tokens will be eligible to share any revenue generated from paid advertising slots on the Nai bot, the web app, NFTs, and from any paid partnerships.

Related Pages

Check out SingularityNET (AGIX) — a blockchain-powered AI marketplace platform.

Read more about Fetch.ai (FET) — an AI lab building a decentralized machine learning network.

Learn more about Ocean Protocol (OCEAN) — a blockchain-based ecosystem that allows users and businesses to monetize and unlock the value of data.

Check out the list of top tokens in the Artificial Intelligence (AI) sector.

Learn more about crypto basics on CMC Alexandria.

Find out more about blockchain with CMC glossary.

How Many $IMGNAI Are In Circulation?

As of Feb. 7, 2023 the ImgnAI team reported that there are 750,000,000 $ImgnAI in circulation, and a maximum supply of 1,000,000,000 tokens. 20% of the token supply is locked via FlokiFi, down from 25%. This 5% was used to onboard key partners to ImgnAI.

$ImgnAI is primarily a utility token, which can be used to unlock premium features in the official web app - like HD & 4K resolution, upscaling, remixing and exclusive models. It can also be used to mint images directly as NFTs.

The $ImgnAI team is offering access to unreleased beta models to community members holding at least 100k $imgnAI. You can verify for beta via collabland using the links below.

How Is ImgnAI Secured?

ImgnAI is based on Ethereum, which is secured by a proof-of-stake (PoS) consensus mechanism that requires validators to stake 32 ETH to secure the network. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.

Where Can You Buy $ImgnAI?

As of Feb. 7, 2023, $ImgnAI is listed on numerous decentralized and centralized exchanges, including Uniswap (V2), Bitget, MEXC, LBank and OpenOcean.