CGPT lives on the BNB blockchain and has grown in popularity because of its associated AI model. The purpose of this token is to let traders access AI features like automated trading and the development of smart contracts. You can buy the token on a number of centralized and decentralized crypto exchanges. These include KuCoin and MEXC. The coin was created by a team of highly experienced and reputable developers. Its founder, Ilan Rakhmanov, has developed multiple companies that have grown to 7 figures.
A Bit About ChainGPT
CGPT was founded by a group of experienced developers, and they were led by Ilan Rakhmanov. The company uses an advanced AI model to help people understand and analyze crypto better.
Introducing a high-potential chat AI for the crypto space.CryptoLists.com
This project is similar to ChatGPT, but it uses recent news and has been programmed with 95% of the available crypto data. Since the token works on Binance Smart Chain, traders will need to own BNB to make transactions. These coins are used to transact on the network.
Utility of ChainGPT?
One major reason for owning this token is that it lets you access the ChainGTP AI model and API. The company also offers farming options that let holders gain rewards in the form of CGPT. With this option, you will need to provide liquidity to certain pools.
To access the ChainGPT AI model, you will have to stake your tokens. By staking CGPT, you will get unlimited monthly access to the AI. It is also possible to simply pay per request when using the AI model. In this case, you will still have to make the payments using CGPT. Staking the token involves locking them up for a specific period.
Another thing to note is that holders of this token will automatically gain access to the DAO system. That means they will get voting rights and will be able to make proposals. Holders of the token can choose how to allocate the DAO fund and will influence the future of the project as a whole.
ChainGPT Price detailsBSC Contract address: 0x9840652DC04fb9db2C43853633f0F62BE6f00f98
›› Details & Tokenomics
Advantages of ChainGPT+ The CGPT token has a great team behind it.
+ You can stake ChainGPT to access the AI for free.
+ Traders can use the farming feature to earn rewards.
+ CGPT has very low transfer fees.
+ The company uses a burn mechanism to increase the value of the CGPT token.
Disadvantages- The CGPT token has been in use for a very short time and Ilan don't have the best track record from earlier coin launches.
- It can quickly lose value.
- Many exchanges haven’t listed the CGPT token yet.
- You can’t buy it directly with fiat currencies.
- Transactions made using CGPT are irreversible.
Costs▪ Rated at 9.5/10
CGPT works on the Binance Smart Chain. When transferring the token, you will have to pay transaction fees in BNB. At the moment, the transfer fees average $0.19.
It is worth noting that Binance Smart Chain has very low transaction fees when compared to other networks.
Reputation and Buzz▪ Reputation rated at 9/10
▪ Buzz rated at 9.5/10
ChainGPT is a fairly new cryptocurrency, and it hasn’t been marketed sufficiently. However, it has received lots of positive reviews from users.
Traders have noted that the AI model works perfectly to create trading bots, smart contracts, and other projects.
The company joined Twitter in October 2020 and has already grown to have more than 277,000 followers.
Where can I buy CGPT?
This token is still very new, so it isn’t listed on many crypto exchanges. At the moment, you can buy it on KuCoin, BitGet, Gate.io, and MEXC. If you’re using centralized exchanges, you should use the pair CGPT/USDT. On PancakeSwap, you should use CGPT/BUSD.
Who created CGPT?
This project was founded by Ilan Rakhmanov, and he still works as the CEO and CMO of the company. He has founded a number of successful companies in different industries, including the crypto token SafeMeme where he decided that the community can take over the project after running it for about a month. His track record from cryptocurrency projects makes us give a little warning that you need to be extra careful with ChainGPT.
Other key members of the project are Ariel Asafov, Mitchell Girao, and Dr Adnan Tariq.
Do I have to use CGPT to access ChainGPT?
As an individual, you should stake your CGPT tokens to earn rewards, and this will allow you to access the service for free. This will give you unlimited use of the AI. Businesses intending to use ChainGPT will be required to stake a number of tokens, and these will be drawn whenever individuals use the service. This is the only instance where individuals will be able to use the AI for free.
How can I mine ChainGPT tokens?
You can’t mine this token. Instead, you will have to purchase the token on crypto exchanges or from other holders. To earn more tokens, you can use the farming option of the project.
Will CGPT tokens get to the top 10 cryptocurrencies by market cap?
ChatGPT is a promising project, but it is unlikely to ever get to the top 10 cryptocurrencies by market cap.
History of ChainGPT
February 2023 - ChainGPT beta v1.2 is released.
March 2023 - ChainGPT is listed on CoinGecko and CoinMarketCap.
March 2023 - ChainGPT beta v1.6 is released.
March 2023 - The first IDO of the token is held.
April 2023 - CGPT token is launched.