GNUS.AI - FAQs

Question 1

What is a GNUS Token?

Accepted Answer

GNUS tokens are utility tokens within a secure, smart platform that revolutionizes AI/ML processing. They serve as the primary payment method for compute services and processing requests within the GNUS ecosystem.

Question 2

What blockchain are the GNUS Tokens on?

Accepted Answer

GNUS tokens are planned for launch across multiple blockchains, including Bitcoin (BGNS, BRC-20), Ethereum, Polygon (GNUS, ERC-20/ERC-1155 Hybrid), Solana (SPL token), and Cardano Native Token.

Question 3

What are the benefits of GNUS Tokens?

Accepted Answer

GNUS tokens offer utility by enabling prepaid AI/ML processing services. They also serve as the in-app currency for games and applications that integrate with the GNUS blockchain. Users who participate by contributing computing power earn GNUS tokens, which can be used for in-app purchases or traded within the ecosystem.

Question 4

Why are GNUS Tokens multichain?

Accepted Answer

GNUS tokens can be converted across multiple blockchains, including Bitcoin and Ethereum, providing flexibility for users. This interoperability ensures the tokens can be utilized within both decentralized applications and traditional payment ecosystems.

Question 5

What are the smart contract addresses for the GNUS tokens on each network?

Accepted Answer

The GNUS token smart contract addresses are the following:

Polygon: 0x127E47abA094a9a87D084a3a93732909Ff031419
Ethereum: 0x614577036F0a024DBC1C88BA616b394DD65d105a

Question 6

How do GNUS and SGNUS Tokens relate?

Accepted Answer

GNUS tokens are public blockchain tokens that initiate AI/ML processing requests. SGNUS tokens, mapped 1:1 with GNUS, operate within the Super Genius private blockchain to facilitate fast transactions and optimize cross-chain interoperability through zk-SNARK rollups.

Question 7

What is the difference between GNUS and SGNUS Tokens?

Accepted Answer

GNUS tokens operate on public networks like Polygon, while SGNUS tokens are used within the private Super Genius blockchain for fast, cross-chain transactions. SGNUS tokens facilitate scalability and speed within the GNUS ecosystem.

Question 8

Why does the smart contract include a burn function?

Accepted Answer

The burn function reduces the overall supply of GNUS tokens by permanently removing a portion of tokens used for AI/ML processing. This mechanism helps manage token scarcity, ensuring that supply aligns with ecosystem demand. The primary purpose of the burn function is to maintain a healthy token economy within the platform.

Question 9

Are GNUS Tokens traded on a major exchange?

Accepted Answer

GNUS tokens are not currently listed on a major exchange. However, we are actively working toward key milestones, including listing on a centralized exchange (CEX) in the near future. Stay informed by following our official channels for the latest updates and announcements on token listings.

Question 10

Who can purchase GNUS tokens?

Accepted Answer

GNUS tokens are open to all participants in the GNUS ecosystem. Developers, businesses, and individuals can use them to access AI/ML services, contribute computing power, or facilitate in-app transactions. Their utility across multiple industries makes them a valuable tool in decentralized applications.

Question 11

Will GNUS Tokens be considered a security?

Accepted Answer

We do not believe GNUS tokens will be considered a security. They are intended for purchasing AI/ML processing services, ensuring clear utility value. Our analysis under the Howey test supports this classification.

Question 12

Can I invest in the company by buying GNUS tokens?

Accepted Answer

No, GNUS tokens do not represent equity, membership interest, or any other economic or governance claim over Genius Ventures, S.A., its subsidiaries, holding companies, or any related organizations. The tokens are exclusively for use within the GNUS ecosystem to pay for AI/ML processing and related services.

For inquiries related to Genius Ventures S.A. or its business activities, please visit their website, where you can find relevant contact details, including investor relations information.

Question 13

How are rewards calculated for providing computing power?

Accepted Answer

GNUS.AI rewards participants proportionally based on their contributed computing power and the network's demand for AI/ML processing. A dynamic allocation model ensures fair distribution of GNUS tokens, balancing rewards with workload requirements.

Question 14

What happens to unused tokens?

Accepted Answer

Unused GNUS tokens remain in circulation within the ecosystem. Participants can hold, trade, or use them for processing tasks and in-app purchases. Periodic burns ensure that the token supply is managed effectively, supporting a sustainable token economy.

Question 15

How does GNUS.AI ensure network stability and uptime?

Accepted Answer

GNUS.AI leverages a decentralized network of nodes, ensuring redundancy and stability. Even if some nodes go offline, the distributed infrastructure ensures that tasks are reallocated to available nodes, minimizing downtime.

Question 16

How is my data secured during AI/ML processing?

Accepted Answer

GNUS.AI keeps your data safe with advanced encryption and cutting-edge technologies like zk-SNARKs, which verify transactions without exposing private data. This ensures both privacy and security across the entire network.

Question 17

What makes GNUS.AI different from traditional cloud services?

Accepted Answer

GNUS.AI offers decentralized AI/ML processing at reduced costs by harnessing idle GPU/CPU power from network participants. Its hybrid blockchain enables near-instant transactions and incentivizes contributors with GNUS tokens, creating a self-sustaining ecosystem without reliance on centralized cloud providers.

Question 18

Can tokens be staked or yield rewards?

Accepted Answer

Currently, GNUS tokens focus on AI/ML payments. However, future updates may introduce staking options, enabling token holders to lock their tokens in smart contracts to earn rewards and support network operations. Stay tuned to our official channels for further updates.

Question 19

How can developers integrate GNUS.AI into their applications?

Accepted Answer

Developers can easily integrate GNUS.AI into their applications using our SDK, which supports popular platforms and programming languages. Visit our developer portal for documentation, tools, and support.

Question 20

What industries can benefit from GNUS.AI?

Accepted Answer

GNUS.AI is ideal for industries requiring high-performance AI/ML workloads, including gaming, healthcare, finance, and IoT. Its decentralized model offers scalable compute power at reduced costs for a wide range of applications.

Question 21

What is the environmental impact of GNUS.AI's decentralized network?

Accepted Answer

GNUS.AI promotes sustainability by leveraging idle GPU/CPU power from existing devices. This reduces the need for additional infrastructure, minimizing the environmental impact compared to traditional centralized cloud providers.

Question 22

Are you concerned about the U.S. crackdown on cryptocurrencies?

Accepted Answer

We are not concerned. Major corporations continue to adopt blockchain technology, and the cryptocurrency space has grown significantly in recent years. The GNUS platform is positioned to thrive in this evolving landscape.

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