Crypto Project Reviews

Altcoinist Review: $XNA , Neurai

May 22, 2024

Decentralizing Connectivity: Triad of DLT+ IoT & AI

@elonmusk: "A.I. will hit people like an asteroid." 16/April/2023

One day later, the $XNA genesis occurred. 17/April/2023

  • PoW (BTC philosophy x RVN strength)
  • Fair-Launch
  • Hedge against MEGA-corporations

Decentralizing connectivity

  • Recent technological advancements have led to widespread digital interconnectivity, with billions of devices like computers, phones, vehicles, and home appliances connected to the Internet.
  • This connectivity has improved various life aspects but resulted in service centralization among a few companies. (e.g., Microsoft, Apple)
  • A solution is proposed using cryptographic tools based on Satoshi's Bitcoin concept, enhanced by Ravencoin developers.
  • These tools aim to enable decentralized connectivity for Internet of Things (IoT) devices, free from centralized control and vulnerabilities.
  • The goal is to prevent service centralization and create a universally accessible, personal, and global ecosystem.

Neurai's Vision

  • Neurai is designed to harness the synergies of blockchain, Internet of Things (IoT), and Artificial Intelligence (AI), aiming to revolutionize data integrity, traceability, and decision-making processes.
  • The project leverages blockchain for secure, transparent transactions, IoT for real-time data collection, and AI for intelligent data processing and decision-making.
  • Neurai's unique approach includes the use of unique identifiers for trust among devices, an internal messaging system for secure information transmission, and assets for real-world goods traceability.
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Tokenomics and Distribution Strategy

  • $XNA token design inspired by BTC and RVN
  • $0.0021 token price
  • Fair-launched
  • $20M Market cap
  • Circulating supply: 9.6M
  • Maximum supply: 21M
  • Neurai adopts a unique micro-halving approach for coin distribution, starting with 50,000 coins and reducing the reward by 5% every 14,400 blocks (approximately every 10 days). (KAS has an aggressive emission schedule as well that shares some similarities with $XNA)
  • This ASIC-resistant and GPU-friendly method aims to balance the initial availability of coins with long-term sustainability, addressing potential market volatility and ensuring network security.
  • The project's tokenomics are designed to support its expansive vision, with a focus on creating a sustainable ecosystem.
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Neurai's Ecosystem and Applications

  • IoT Integration: Neurai's blockchain interacts with IoT devices, enabling applications like device authentication, data ownership, automatic payments, and supply chain tracking.
  • AI Synergy: The integration of AI allows for advanced data analysis and decision-making, enhancing the capabilities of IoT devices within the Neurai ecosystem.
  • Real-World Impact: Potential use cases span various sectors, including smart agriculture, automated logistics, and intelligent asset management.
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Technical Innovations and Future Prospects

  • Decentralized System: Neurai's blockchain is based on an enhanced version of Bitcoin and Ravencoin code, promoting decentralization and resistance to centralized control.
  • Advanced IoT Connectivity: The platform offers unique and mesh connectivity options for IoT devices, ensuring secure and efficient data transfer.
  • AI Integration: Neurai's focus on AI for microcontrollers opens up possibilities for intelligent, autonomous device operations and data processing.
  • Enhanced Blockchain Features: Incorporates ASIC-resistant PoW, dynamic block rewards, and integrated assets for unique identifier services.
  • Scalability and Efficiency: The blockchain's design, including a 1-minute block time and an 8 MB block size, is tailored for scalability and efficient transaction processing.
  • Future-Proofing with AI: Continuous advancements in AI within Neurai's framework are set to keep it at the forefront of technological evolution.

Altcoinist.com Verdict

Betting on Neurai ($XNA) could be a bullish move due to the innovative intersection of blockchain, IoT, and AI, offering a decentralized, P2P alternative to connect compared to the current centralized digital ecosystem dominated by mega-corporations.

This positions $XNA as a potential hedge against the control, deplatforming, and vulnerabilities associated with these large entities, tapping into the exponentially growing demand for more secure, private, and user-controlled digital human experiences.

Tip: Study the decentralization of AI and why it's important, and check the liquidity inflow into $TAO.