Crypto review of the project linq ai ($LNQ) by the Our Crypto Talk team for you to have a better look at the project.
Author: Sahil Thakur
Written On: Wed, 05 Jun 2024 06:51:58 GMT
Linq AI is a project focused on creating versatile AI tools and workflows capable of catering to any business environment. The AI tools created by Linq are particularly designed to handle and automate mundate tasks which were traditionally handled by human employees. This saves early stage startups capital and large enterprises efforts, so that the team can focus at the complex and creative problems at hand.
At the core of LinqAI’s strategy is a steadfast commitment to fostering a decentralized future through deep integration with the Web3 ecosystem. LinqAI’s economic model is built upon a limited supply of $LNQ tokens, complemented by the continuous value provided by its advanced AI tools. This strategy is carefully crafted to cultivate a balanced and resilient economy, echoing the principles of Universal Basic Income (UBI) by maintaining a stable value flow, albeit within the dynamic, technology-driven environment of Web3.
Identify the most important workflows.
Isolate and completely automate the workflows.
Sell the automated workflows and share revenue with holders.
EarnAI is a loyalty program that rewards holders of $LNQ. It essentially diverts a portion of revenue gained through SaaS fees and other income streams and portions these as rewards back to token holders.
A very singnificant factor of this EarnAI model is that 15% of all the current and future SaaS subscription revenue will be shared with $LNQ holders. Hence, the more successful the company gets, the more benefit the $LNQ holders get ( something like VCs ).
EarnAI sets itself apart with a democratic approach to revenue utilization, where a portion of the earnings from AI Tool subscriptions is allocated to a communal pool, and the $LNQ token holder community decides on its monthly distribution. For community members holding 100,000 $LNQ or more, 50% of the EarnAI monthly collection (15% of Tax and SaaS subscriptions) is airdropped to their wallets, regardless of the chosen option below.
The remaining 7.5% is distributed in $ETH on a pro-rata basis according to the amount of $LNQ held, while another 7.5% is allocated to one of the following three options:
Token Market Optimization (Buy back & burn): This involves strategically repurchasing and retiring $LNQ tokens to optimize supply and demand, potentially enhancing their market value.
Liquidity Support (adding funds to increase liquidity size): This option focuses on diversifying investment into liquidity by purchasing $LNQ and $ETH in equal proportions and contributing to the Uniswap LP, thereby reinforcing market stability.
Farming Resilience (Date TBC): Funds are injected into farming operations to extend their lifespan beyond the initial two years, prioritizing sustainability over immediate reward increases.
Enhanced farming and tokenomics play a pivotal role in the EarnAI ecosystem, with 20 tokens distributed every 15 seconds. The reward distribution is tiered based on the lock-in duration, incentivizing longer commitments from participants.
Marketr is a marketing automation tool that blends the creative spontaneity of human marketers with the efficiency and scalability of AI. It functions as an AI-powered Marketing Assistant, transforming brief campaign ideas into engaging and varied social media content tailored to specific needs. It serves as a bridge between initial marketing concepts and a ready-to-launch social media campaign, streamlining the process and enhancing the effectiveness of marketing efforts.
Engagr is a customer service tool that combines the empathetic touch of human representatives with the swift and intelligent responses of AI. This integration aims to enhance customer interactions by optimizing the balance between human empathy and AI efficiency, providing a more effective and satisfying experience.
Analysr specialises in taking data and creating useful analysis from it – it can re-educate existing AI agents or provide end point analysis.
There are many other tools also available that you can check out here – https://docs.linqai.com/whitepaper/products-and-services/ai-tools
🪙 Token Sale & Distribution
The $LNQ tokens are distributed through an Initial DEX Offering (IDO), with further details forthcoming. The distribution process aims to be fair and transparent, allowing broad participation.
Token Overview
Token Sale Rounds
Tokens will be locked for 50 days post-investment and then distributed via airdrop. Rounds may be skipped or concluded at the team’s discretion without affecting existing investors. Funds are secured in a Multi-signature (Multi-sig) wallet, with details publicly available for monitoring.
Token Distribution
$LNQ Market Cap: $21.7M
From a lot of projects that we have reviewed, Linq AI is one of the projects where the real world use case is clearly visible and currently over 50 SMEs are already using it.
I think the project benefits from creating SaaS tools for startups and provides real value to the users. Not financial advice but I would definitely keep some $LNQ on me given the 15% reward program. Rest, Always DYOR.
If you want to check out more project reviews check our blogs page here.
Introduction to Linq AI
Basic operation flow of Linq
EarnAI
Current Linq AI Tools
Tokenomics
Final words