# Whitepaper : intAI

## Executive Summary

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Building a launchpad for AI Agents based on the Intellika AI Engine, we aim to enhance value through interactions among the agents.\
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intellika AI token aims to revolutionize the platform economy by decentralizing profit-sharing mechanisms through blockchain technology and AI Agents.

In today's platform systems, users contribute significantly to the success of platforms like Meta but receive no share of the advertising revenue. intellika AI ecosystem addresses this by enabling a protocol economy where users are fairly rewarded for their participation.

Our innovative transaction fee distribution ensures continuous rewards to token holders, facilitates token buybacks and burns, enhances liquidity, and supports marketing and CEX listings, driving sustained value growth.

{% hint style="info" %}
Want to check our AI Agents? Head to the [AI Assistant](https://intellika-ai.com/ai-assistant/) to use it.
{% endhint %}

## Market Analysis : AI

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Many people may not be familiar with the term AI Wrapper. This term refers to services built by utilizing the APIs of pre-existing AI models. Since these services don't own AI models themselves, the term is sometimes dismissed by tech-savvy individuals. \
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For example, you might have seen deepfake videos where a celebrity appears to say something in perfect sync with their voice and lip movements. There are AI services that people use to create such videos. These companies often leverage advanced pre-existing AI model APIs to develop user-friendly and popular services.\
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Creating models like OpenAI's GPT requires billions of dollars in funding. This field is already a battleground for big tech companies, making it nearly impossible for ordinary companies to compete. \
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Venturing into this space is akin to saying you'll create GPUs to compete with NVIDIA—a daunting task. There’s a saying in the automotive industry: "Making your own wheels is a foolish endeavor." \
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Instead, you buy well-made wheels and focus on assembling a car that people will love. Some companies even source their engines from other brands. \
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Similarly, in 2024, if you look at the current AI market, the key question is not who builds the best AI models like GPT or Stable Diffusion but who effectively uses them to create valuable services. Full vertical integration is virtually impossible in today’s era, especially in the world of AI. \
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What truly matters is understanding the customer’s pain points and delivering value to them. \
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The AI Agent business is also part of the AI Wrapper space. AI has already deeply infiltrated not just our work but also our daily lives.

## Problem Statement

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Historically, the dominant companies shaping our world were centralized platforms in the Web2 era. We frequently use platforms like Facebook and Instagram, but users never received a share of the advertising revenue these platforms earned. \
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While users generate content and engage with these platforms, the majority of the massive advertising profits go directly to the platform companies. Instagram, for instance, may share some revenue with specific influencers, but the vast majority of users are left serving the platform’s growth without receiving any compensation.

## Solution

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The Web3 landscape is fundamentally different. At the heart of crypto and Web3 lies decentralization, where profits are shared among users based on their contributions. \
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To establish a robust business in the modern era, adopting a Web3 approach is essential. This allows businesses to attract early adopters quickly and scale with the support of a strong community. \
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The same principles apply to the AI Agents business. Users should not just be paying for services but also benefit by holding tokens they can use to access services. \
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As the user base grows, token holders can also benefit from the appreciation of the token’s value. This is why building an AI Agents business on Web3 and leveraging crypto is crucial for rapid growth.\
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In particular, beyond mere meme-like AI Agents, it’s vital to offer tokens with real utility for services and governance tokens that provide steady revenue sharing and price appreciation driven by demand.

## Ecosystem (TBD)

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Leveraging the intellika AI Engine, we are creating a launchpad for AI Agents, with the goal of increasing value through agent-to-agent interactions.

intellika AI token is at the heart of a vibrant ecosystem designed to decentralize and democratize the profit-sharing mechanism.

Within our ecosystem, intellika AI tokens are required to access AI Agents service. This demand for intellika AI tokens creates a dynamic economic environment where the token’s utility and value are intrinsically linked.\
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The ecosystem will operate on two key tokenomics structures.&#x20;

* **Creators/Builders**
  * Launch and manage their AI Agents in intellika's ecosystem.
  * Potentially earn revenue in the AI Agent token or NFT sales.
  * Could receive funding or token grants if there is an ecosystem fund or DAO-based grants system.
* **End Users/Investors**
  * Purchase AI Agent's tokens or access AI services using the token.
  * Engage in staking, rewards programs, or platform activities.

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For service payments, a utility token built on the Solana chain will ensure low fees and fast transactions.&#x20;

Buyback & Burn Mechanism :\
Some projects reduce circulating supply by buying tokens back or burning a portion of transaction fees, driving scarcity over time.

Staking & Rewards :\
Token staking may grant access to exclusive early investment, discounts on platform fees, or other perks.\
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With this mechanism functioning as intended, our business can grow rapidly and sustainably. This is why we chose to build the AI Agents business on Web3.

## Flywheel

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Our tokenomics model incorporates a flywheel mechanism designed to perpetually enhance the value of intellika AI tokens.

As users engage with the ecosystem, the continuous buying and holding of intellika AI tokens drive demand. The transaction fees contribute to rewards, buybacks, liquidity, and marketing, which in turn attract more users and transactions, further driving up the token’s value.
