iDEGEN: A fresh perspective on AI development

The ai16z project brought innovation with its Eliza framework, enabling users to deploy autonomous agents on social platforms. iDEGEN, however, takes a different approach, focusing on community involvement.

iDEGEN, a new AI meme coin, has raised $3.6 million in just a few weeks during its presale.

The project is taking a unique approach to AI development, allowing the crypto community to influence and shape the AI’s development from the ground up.

The AI learns entirely from community interactions, with no preloaded data or restrictions. Every hour, iDEGEN posts updates reflecting what it has absorbed from its "teachers" on Crypto Twitter (CT).

The result is a unique and evolving AI agent that is being shaped by its user base - a concept that has generated significant interest within the crypto space.

This crypto tax optimizer takes the stress out of tax season

With features like tax loss harvesting and customizable sell simulations, this platform eases crypto tax management, helping investors save time, reduce tax burdens and take control of their financial strategies.

Blockpit, a crypto tax tool, streamlines crypto tax compliance and portfolio optimization, easing reporting in a constantly changing regulatory landscape.

Investors often turn to crypto tax loss harvesting as a strategic method to offset capital gains by selling cryptocurrencies that have declined in value. This approach reduces overall taxable income and helps in optimizing returns and rebalancing portfolios in a market known for its volatility.

However, as crypto gains popularity as an investment asset, dealing with its tax implications has become increasingly complex. While crypto trading is fast and accessible, it creates a web of tax obligations that can easily overwhelm even experienced investors. The frequent movement of assets across exchanges and wallets adds to the complexity, compounded by ever-changing tax regulations that differ across jurisdictions.

For many investors, keeping track of losses and gains manually is a daunting task. Recording every transaction, calculating potential savings and filing compliant tax reports demand precision and time. Technology plays a key role here, providing tools to calculate taxes and guide investors through crypto tax regulations.

The Numbers Behind iDEGEN

Since launching on November 26th, iDEGEN has raised $3.6 million through an adaptive auction pre-sale model. This dynamic pricing system adjusts the token price based on demand, increasing by 5% during high activity and decreasing by 5% when demand slows. This mechanism has resulted in a 1,982% price increase for early participants.

What sets iDEGEN apart is its community-driven development process. Unlike ai16z, which focuses on building AI tools, iDEGEN emphasizes real-time learning and evolution, driven entirely by community contributions.

Entering a Thriving Sector

The AI meme coin niche is proving to be one of the most active areas within the crypto market. Projects like GOAT, which recently reached a $1.3 billion market cap, and ai16z, valued at $500 million, highlight the potential of this sector.

iDEGEN, with its novel approach, is positioning itself to offer an alternative perspective on how AI can evolve through community interaction.

Looking Ahead to January

The iDEGEN presale is currently the only way to acquire IDGN tokens before their official exchange listing on January 1st. The listing price will include a 10% premium over the final auction price, which has contributed to the growing anticipation around the project.

As AI technology continues to integrate into the crypto world, iDEGEN’s approach highlights the potential for community-driven innovation. Whether it can rival projects like ai16z remains to be seen, but its unique model ensures it will be closely watched as the space evolves.