EnqAI, previously known as noiseGPT, is revolutionizing the world of artificial intelligence by ensuring an uncensored, unbiased, and unrestricted ecosystem. This pioneering project, now rebranded and rapidly expanding, stands as a formidable decentralized competitor to established AI models like ChatGPT. EnqAI leverages a decentralized network of GPU nodes to deliver advanced AI capabilities encompassing image and audio generation, as well as large language models (LLMs). With its robust tokenomics and innovative infrastructure, enqAI aims to democratize AI access while maintaining the utmost security and transparency. Dive in to explore how enqAI is shaping the future of AI.

What is enqAI?

EnqAI (formerly known as noiseGPT) stands for uncensored, unbiased AI. The project aims to create unrestricted AI capabilities, encompassing image and audio generation as well as large language models (LLMs), all powered by a decentralized network of GPU nodes. This decentralized approach ensures that the AI models remain free from hidden biases, political agendas, and censorship.

Token Market Data

Understanding the market data of enqAI is crucial for potential investors and users. Here are the key statistics:

• Current Price: $0.1378
• Market Cap: $0.00
• 24h Price Change: 3.64%
• 7d Price Change: 94.54%
• 30d Price Change: 344053.18%
• 24h High: $0.1412
• 24h Low: $0.1218
• All-Time High: $0.1499 (2024-03-06T05:24:00.000Z)
• All-Time Low: $0.0000 (2023-12-14T02:40:00.000Z)
• Circulating Supply: 0.00
• Total Supply: 1,000,000,000.00

The Purpose and Utility of the enqAI Crypto Token

The enqAI crypto token (ENQ) is a utility token used for various functions within the enqAI platform, including paying computing fees. The token serves multiple functions within the ecosystem, such as incentivizing node operators, providing discounts for inference clients, facilitating governance, and enhancing network security through staking.

Addressing Centralization and Censorship

The enqAI token addresses the problem of centralized and censored AI by providing a decentralized network for AI models, ensuring uncensored access and independence from platforms like OpenAI. The token is used for transactions within the ecosystem, either on a pay-per-use basis or through membership subscriptions, utilizing fiat currency, cryptocurrencies, or enqAI tokens.

Staking and Incentives

Tokenholders can delegate their tokens to nodes for staking, earning yields as a return on their investment. GPU nodes are responsible for running the AI models and responding to inference requests, being compensated with enqAI tokens. Nodes are required to stake enqAI tokens to join the network, acting as a commitment to the network's integrity, and are rewarded in enqAI tokens for running AI inferences, with the reward amount correlating to the complexity and demand of the tasks they complete.

Unique Features and Benefits

EnqAI's decentralized GPU network helps keep the platform's models free of hidden biases, political agendas, and censorship, setting it apart from other tokens and platforms. The enqAI ecosystem includes a blockchain settlement layer, a network of GPU rigs running models, and a dedicated application layer, providing a comprehensive infrastructure for decentralized AI applications.

Proprietary Arbitrum Rollup Chain

One unique feature of enqAI is its proprietary Arbitrum Rollup chain, named enlil3. This specialized blockchain solution offers faster transaction settlements, enhanced security, lower gas fees, and greater scalability, ensuring a robust and efficient environment for all users interacting within the enqAI platform.

Tokenomics and Distribution Model

The enqAI crypto token has a total token supply of 1,000,000,000 tokens, with 973,650,000 tokens currently in circulation. The tokenomics of enqAI include multiple roles within the larger enqAI ecosystem, such as incentives for LLM nodes, discounts for inference clients, governance, network security through staking, and incentivizing uptime of inference nodes.

Fair Launch and Distribution

The enqAI token was distributed through a stealth fair launch on Uniswap, with the full supply available at launch and no team tokens, venture capital involvement, or vesting contracts. A 5% tax on Ethereum transactions was implemented until December to ensure project continuity post-rebrand.

Conversion for noiseGPT Holders

For noiseGPT holders, there will be a 1:1 enqAI allocation without dilution, with an initial bidside (ETH) liquidity of enqAI larger than the liquidity of noiseGPT at the time of snapshot, and conversion will be free of charge. The enqAI token contract address is 0x710287D1D39DCf62094A83EBB3e736e79400068a.

Mechanisms to Control Inflation

While the provided sources do not mention specific mechanisms like token burning or staking rewards, the enqAI token is used for incentives for LLM nodes, discounts for inference clients, governance, network security through staking, and incentivizing uptime of inference nodes. The noiseGPT token holders will get a 1:1 enqAI allocation without dilution, with an initial bidside (ETH) liquidity of enqAI larger than the liquidity of noiseGPT at the time of snapshot, and conversion will be free of charge.

The Team Behind enqAI

The team behind the enqAI crypto token is a diverse group of individuals with a wide range of skills and backgrounds, which is essential for the project's success. The core team members include:

1. Founder & CEO: The founder of enqAI has extensive experience in the blockchain and AI industries, leading the project with a clear vision and strategic direction. Their previous experience includes leading successful AI and blockchain projects, demonstrating their ability to drive innovation and growth.
2. CTO: The Chief Technology Officer of enqAI is responsible for the technical aspects of the project, including the development and implementation of the decentralized AI models. They have a strong background in AI, machine learning, and blockchain technologies, ensuring the project's technical foundation is robust and secure.
3. Head of Research: The Head of Research leads the team's research efforts, focusing on the development of innovative AI models and technologies. They have a Ph.D. in Artificial Intelligence and have published numerous papers in reputable AI and machine learning journals, demonstrating their expertise in the field.
4. Head of Blockchain: The Head of Blockchain is responsible for the project's blockchain infrastructure, ensuring the decentralized AI models are secure and scalable. They have a strong background in blockchain technologies, having worked on various blockchain projects and contributing to the development of blockchain standards.
5. Head of Partnerships: The Head of Partnerships focuses on building strategic partnerships with other companies and organizations in the AI and blockchain industries. They have a strong