Our token: enqAI

The enqAI token plays a crucial role within the decentralized network that powers Eridu and noiseGPT. Nodes, which are entities that run the AI model, earn by performing inferences in response to user queries. To become an active node and start earning, an entity must stake enqAI tokens. This staking mechanism ensures that only committed participants engage in processing inquiries, thereby maintaining the network's integrity and performance.

Furthermore, token holders who do not wish to operate a node themselves have the option to delegate their tokens to active nodes. This delegation not only allows them to participate in the network indirectly but also to benefit from the earnings generated through inferences conducted by the nodes they support.

This token-based system underpins the decentralized structure of enqAI, incentivizing participation and facilitating a self-sustaining ecosystem of AI computation and reward distribution. The revenue from usage (both individual user subscriptions as well as B2B API clients) will flow back into the ecosystem as follows:

User payment -> Nodes (including delegated tokens if any) Grant program (governed by token holders) Buyback program (of enqAI tokens) Contract Address: 0x710287D1D39DCf62094A83EBB3e736e79400068a (Ethereum only)

Disclaimer: The enqAI token is not intended to be an investment or security. It is a utility token designed solely to facilitate transactions within the ecosystem and access platform features.

No Profit Expectation: Holders of enqAI tokens should not expect any profits, dividends, or financial returns from their token holdings. The value of the token may fluctuate based on market demand and ecosystem usage but does not guarantee any form of financial gain.

Utility Purpose: The primary purpose of enqAI tokens is to provide access to services and functionalities within the ecosystem. Holders acknowledge and agree that the tokens are not investment instruments and do not represent ownership or equity in the project.

No Guarantee of Value: The value of enqAI tokens may fluctuate, and there is no guarantee of any specific value or return on investment. Holders understand that the value of the tokens may decrease or become worthless over time.

Compliance with Regulations: The issuance and distribution of enqAI tokens comply with applicable laws and regulations. Holders are responsible for ensuring compliance with local regulations regarding the acquisition, holding, and use of the tokens. By acquiring and holding enqAI tokens, holders acknowledge and accept the utility nature of the tokens and agree not to expect any form of profit or financial return. Holders are encouraged to seek independent legal and financial advice before participating in the ecosystem."