GAIB Announces Launch of First AI Synthetic Dollar AID

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by Giorgi Kostiuk

2 years ago

GAIB has announced the launch of AID, the first AI synthetic dollar backed by AI assets, aiming to bridge AI economy with blockchain markets.

The Creation of AID Synthetic Dollar

AID will be a synthetic dollar backed by a portfolio of GPU financing deals and other liquid assets. It aims to reflect AI-related returns and provide blockchain markets with direct access to the AI economy.

A New Era of AI Investment

AI requires substantial capital investment due to its demand for computing power. AID, backed by AI assets, offers investors the opportunity to gain direct exposure to AI economy yield.

"Compute will be the currency for the AI era," said Kony, CEO and co-founder of GAIB.

Expansion and Network Opportunities

AID will initially launch on Ethereum, BNB Chain, Arbitrum, and other networks to make the token accessible within the DeFi ecosystem and facilitate AI economy integration.

AID will unlock new opportunities for integrating AI and blockchain finance, allowing investors to benefit from AI infrastructure growth.

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