PaLM AI: A High-Potential AI Project
TLDRIn this video, JB from Chey Crypto introduces Palm AI, a Google-powered multiplatform AI chatbot that excels in conversation, coding, image generation, and Smart Vision. Palm AI differentiates itself with its integration of Google Suite AI tools and unique algorithms, offering a diverse range of applications. The native token, PALM, incentivizes holding by sharing half of the revenue generated from services. With a limited supply and a growing market presence, PALM shows potential for growth, especially as AI continues to boom. The video also covers tokenomics, utility, and staking options, highlighting the project's vision of making AI accessible to everyone.
Takeaways
- ๐ Palm AI is a Google-powered multiplatform AI chatbot with capabilities in conversation, coding, image generation, and Smart Vision.
- ๐ The AI market has seen a boom, with companies like Nvidia and various crypto projects like Singularity Net and Fetch AI gaining traction.
- ๐ Palm AI differentiates itself with its integration of Google Suite AI tools and in-house algorithms, targeting both web3 and web2 applications.
- ๐ก The project aims to make AI accessible to everyone, offering a range of AI services from business solutions to platform-specific use cases.
- ๐ฐ PALM token holders receive shared revenue from the project's developments, incentivizing holding the native token.
- ๐ PALM is available for trading on Uniswap and MexC, with a limited supply and no maximum supply defined.
- ๐ The token has seen significant growth since its listing, with a 234% increase in just 7 days on MexC.
- ๐ PALM has a 3% tax on transactions, with a portion dedicated to development, marketing, and ensuring liquidity for trading.
- ๐ Staking PALM LP tokens is possible, offering a dynamic APR and a 4-day lock period for passive income generation.
- ๐ณ Revenue sharing for token holders is distributed directly in ETH, with no fees or lock-up periods, and occurs at intervals not exceeding four weeks.
Q & A
What is the main focus of today's update by JB?
-The main focus is on introducing Palm AI, a Google-powered multiplatform AI chatbot, and discussing its features, tokenomics, and potential growth.
How does Palm AI differ from its competitors?
-Palm AI differentiates itself by offering a mix of Google Suite AI tools and in-house algorithms, providing a comprehensive solution for various platforms and use cases.
What are the utility tokens for Palm AI called?
-The utility tokens for Palm AI are called PAM tokens.
What benefits do PAM token holders receive?
-Token holders receive revenue sharing, the ability to pay for subscriptions with the token, and access to unlimited integrations with the AI.
On which blockchain is the PAM token launched?
-The PAM token was launched on the Ethereum mainnet.
What is the current circulating supply of PAM tokens?
-The current circulating supply is 79 million tokens.
How can one purchase PAM tokens?
-PAM tokens can be purchased on Uniswap paired with wrapped ETH or through other supported DEX aggregators like the custom Dex aggregator or MexC exchange.
What is the role of the 3% tax on PAM token transactions?
-The 3% tax is distributed as follows: 1% for AI chatbot development, 1% for marketing, and 1% to ensure liquidity for trading.
How does the revenue sharing work for PAM token holders?
-Half of the revenue generated from the business model is distributed to PAM token holders with no fees involved, and the distribution is automatic and unannounced, typically less than four weeks apart.
What is the vision for Palm AI?
-The vision is to create an easy-to-use, one bot for all, catering to everyday life and the web3 realm with tailored bot solutions for various needs.
Outlines
๐ Introduction to Palm AI and AI Market Trends
The video begins with a welcome to Chey Crypto and an introduction to Palm AI, a Google-powered multiplatform AI chatbot. The script discusses the recent AI boom, particularly mentioning Nvidia's success and the growth of AI-related cryptocurrencies like Singularity Net and Fetch AI. Palm AI is presented as a unique project with potential for growth, offering features like conversational AI, coding, image generation, and Smart Vision. The video aims to explore Palm AI's offerings, competition, and price potential. It also highlights the use of AI in daily life, such as generating thumbnails for Chey Crypto, and the integration of Google's AI tools and in-house algorithms by the Palm AI team. The script mentions partnerships with Scale OEX protocol and Google Cloud, emphasizing the project's goal of making AI accessible to everyone.
๐ Palm AI's Tokenomics and Utility
The second paragraph delves into the tokenomics of Palm AI, discussing the PAM token's role in the business model, providing holders with revenue sharing and subscription services. The token's utility is emphasized, with unlimited integrations and use cases. The script mentions the token's availability on Uniswap and the recent listing on MexC exchange, along with its growth potential. The token's supply, burn percentage, and liquidity are detailed, along with the tax distribution for development, marketing, and trading availability. The paragraph also covers the vision of Palm AI, which is to offer a versatile AI bot for various applications, from everyday life to web3 solutions. The benefits of holding the PAM token, including revenue sharing and staking, are highlighted, along with the development team's buyback mechanism and weekly replenishment of the rewards pool.
๐ฐ Revenue Sharing and Staking Opportunities
The final paragraph focuses on the revenue sharing aspect of holding PAM tokens, where holders become part owners of the project and receive a share of the business model's revenue. The script explains the process of proving token ownership and holding tokens for a specified period to receive direct payments in ETH. It also discusses the staking of Palm LP tokens to earn rewards, with a dynamic APR and a 4-day lock period. The development team's commitment to maintaining a healthy rewards pool and the potential for passive income through staking are emphasized. The video concludes with a call to action for viewers to explore Palm AI, use their AI bot, and engage in safe trading practices.
Mindmap
Keywords
๐กPalm AI
๐กAI Boom
๐กTokenomics
๐กRevenue Sharing
๐กStaking
๐กWhite Label Bot Solutions
๐กSupply and Demand
๐กUtility Token
๐กDeFi
๐กTelegram Bot
Highlights
Introduction to Palm AI, a Google-powered multiplatform AI chatbot.
Palm AI's capabilities include engaging in conversations, coding, image generation, and Smart Vision.
The AI boom, with mentions of Nvidia's success and AI advancements in the crypto market.
Palm AI's unique offerings compared to its competitors.
Potential price appreciation for Palm AI due to the AI boom.
Palm AI's utility token (PAM) provides revenue sharing to holders.
Unlimited integrations and use cases for Palm AI.
Palm AI's tokenomics, including its supply and distribution.
PAM token's listing on Uniswap and MexC exchange.
Palm AI's growth and potential as observed from its trading history.
The 3% tax on PAM token transactions and its distribution for development, marketing, and liquidity.
Palm AI's vision of an easy-to-use, one bot for all applications.
Revenue sharing for PAM token holders with no fees and automatic airdrops.
Staking options for PAM LP tokens to earn rewards.
The development team's buyback mechanism to replenish the rewards pool.
The potential for price appreciation due to limited supply and high demand.
The importance of holding PAM tokens for direct revenue sharing payments.
The project's focus on advanced AI technology and blockchain utility bots.
The recommendation to explore Palm AI and its AI bot for potential growth opportunities.
