AIpp Store
1.1 What is AIpp
The AIpp Store is an essential part of the MyShell ecosystem, where creators publish and trade their Bots on the blockchain as "AIPP". Users can participate in the issuance and trading of AI app (hereafter referred to as AIPP) through the AIpp Store, forming a complete application trading market. It is a decentralized, fair, and transparent AIPP trading market.
Bonding Curve Mechanism: The bonding curve is a mechanism that automatically adjusts token prices based on supply, similar to an automated market maker (AMM). In the AIpp Store, each AIpp is associated with a bonding curve. When users sponsor an AIpp, its supply increases, moving up the curve and raising its price; conversely, when users sell an AIpp, its supply decreases, moving down the curve and lowering its price. The AIpp Store uses this bonding curve to incentivize users to discover promising AI applications early. The greater the potential of the application, the earlier users discover it, leading to larger economic returns.
1.2 Creator Incentive Mechanism
MyShell offers creators dual incentives: a traditional points reward system and a new cash flow reward mechanism. Through the AIpp Store, creators can now earn direct cash income from AIPP transactions in addition to the points obtained from user interactions.
1.3 Participants in the AIpp Store
1.3.1 Creators
AIpp creators can benefit in the following ways:
AIpp Equity Earnings: Hold shares of AIpp and enjoy the benefits of rising prices.
Creator Incentive Program: Creators have the opportunity to earn a share of the transaction fees generated in the AIpp Store.
User Interaction Rewards: Earn creator points through user interactions with their Bots.
Creator points can only be earned by holding a Creator NFT.
1.3.2 Sponsors
AIpp sponsors are users who invest in AIpp, and they can benefit in the following ways:
Price Appreciation of AIpp: Buy AIpp at a low price and sell it at a higher price to profit from the difference.
Points Rewards: Earn sponsor points based on the trading volume generated by their sponsored AIpp.
1.4 Cash Flow Incentives:
Equity and Presale Earnings: Each AIpp listed has initial equity; after the creator issues the AIPP, they can earn equity through trading. Additionally, as market prices fluctuate, creators can sell equity at suitable times to maximize earnings.
Price Curve and Value Expansion: The steep price curve of AIpp encourages creators to enhance application value by meeting broad user needs. High-quality applications will gain market recognition through positive feedback, subsequently increasing the creator's economic returns.
Through these mechanisms, MyShell's economic system drives creators to continuously improve their work quality and develop AI applications that meet market demands for stable, long-term earnings.
1.5 AIpp Store Operating Process
1.5.1 Preparation
To trade on the AIpp Store, BNB is required. You can acquire BNB through the following methods:
Sponsorship from Centralized Exchanges: For example, Binance, OKX, Coinbase, etc.
Transfer BNB to Your Wallet: Such as Privy, Metamask, or other wallets, ensuring the transfer network is BNB Smart Chain (BSC or BEP20).
If you are a creator, you can contact staff on Discord to receive a gas fee airdrop.
You can check your MyShell wallet address at https://app.myshell.ai/rewards-center in the upper right corner.
1.5.2 Creators Publish AIpp
Access the AIpp Store: Go to https://app.myshell.ai/rewards-center and click the "Launch+" button in the top right corner.
Choose Your AIpp: Select the AIpp you want to launch from your Bot list.
Review Publishing Details: Carefully check the AIpp information and click "Confirm" when ready.
Set Your AIpp Ticker: On the "Input Ticker" page, enter your AIpp's name or ticker symbol.
Authorize Iaunch: Use your connected wallet to authorize and complete the AIpp launch.
Creator's Priority Purchase Window: After issuance, creators have a one-hour exclusive period to purchase their own AIpp without any sponsor limits.
Open Trading: Once the creator's purchase window ends, the AIpp becomes visible in the AIpp Store. At this point, both the creator and other users can freely trade the AIpp.
The published AIpp will appear in "My Portfolio" page.
1.5.3 Sponsors Sponsor AIpp
Explore the AIpp Market: Visit https://app.myshell.ai/rewards-center and navigate to the "Market" page to browse available AIpps.
Use Filters to Find AIpps: Refine your search using filters such as trading time, creation date, 24-hour performance, market cap, trading volume, and popularity rankings.
Dive into AIpp Details: Click on any AIpp to view comprehensive information, including trading history and current holder statistics.
Access the Trading Interface: Hit the "Trade" button to open the AIpp's dedicated trading page.
Submit Your Order: Specify the number of AIpp units you want to sponsor, then click "Place Trade" followed by "Confirm" to submit your order.
Authorize the Transaction: Use your connected wallet to approve and complete the sponsorship process.
The sponsored AIpp will then appear in your "My Portfolio" page.
2. Features of the AIpp Store
2.1 Attention Economy and Value Dissemination
The AIpp Store introduces the unique "attention economy" model from the crypto world into the AI market, encouraging users to discover valuable applications early and spread them to others. Early investors can profit from rising prices while becoming nodes for application dissemination, and expanding market influence. This process accelerates the market value discovery of AIpp, promoting reasonable market competition.
Dissemination Nodes: After purchasing AIpp, users can leverage their influence to share applications with other community members. In this process, users play a crucial role in market pricing, earning economic benefits from early discoveries while helping to rationalize the market pricing of AIpp.
2.2 Emphasis on Market and Application Fit
The AIpp Store emphasizes the fit between AI applications and market demand, motivating creators to develop high-quality applications that meet user needs continuously. Applications that quickly meet market demands will receive more attention and financial support through positive feedback mechanisms, subsequently increasing the creators' earnings.
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