Converti First Digital USD FDUSD in Generaitiv GAI

What is the project about? First Digital USD (FDUSD) aim to revolutionize the digital asset landscape. Our mission is to empower users with a transformative financial instrument that combines the stability of cash reserves with the seamless efficiency of advanced blockchain technology. By offering a fully collateralized digital asset, our stablecoin ensures the utmost security, transparency, and transaction reliability. This strategic fusion of traditional stability and cutting-edge innovation allows users to confidently navigate the digital economy, unlocking a world of possibilities while maintaining the utmost trust in their financial interactions. What makes your project unique? Transferable: FDUSD enables frictionless and streamlined transactions, rendering it a convenient choice for a wide range of applications and scenarios. Redeemable: FDUSD is backed by high-quality reserves- cash and cash equivalents, which enable holders the ability to redeem their FDUSD tokens for their equivalent value in US dollars. Users can trust that FDUSD is always 1:1 backed. Low Fees: One notable benefit of FDUSD is its ability to offer cost-effective transactions with minimal fees. Unlike traditional financial transactions, this cost-efficiency makes FDUSD an attractive and economical choice for users. Operates on Decentralized Networks. FDUSD operates on decentralized networks that are distributed across multiple nodes. In so doing, it enhances transparency, security, and resilience. Bankruptcy Remote FDUSD is designed to be bankruptcy remote, with the reserves held in segregated accounts on a registered trust company, separated from the issuer’s operational accounts. It ensures the stablecoin remains stable and secure. History of your project. Established in 2019, First Digital is Asia’s leading multi-faceted trust partner bridging the gap between the traditional and digital financial worlds.

Generaitiv is a community-driven Artificial Intelligence (AI) platform built to empower AI contributors. With community built open source AI Models, users can generate AI visual art and list it as an NFT in seconds. The problem with current AI generative platforms is a credit system paid in fiat. Typically those credits are locked into a single ecosystem without interoperability. $GAI is a utility token to power the platform, and exchange for compute time. Stakers on the network will be compensated to validate compute tasks. Alternative Open Source AI projects do not properly compensate AI model creators. The AI models that are available are community built, and an entire ecosystem has been built around incentivizing an open and free AI. Royalties on AI visual art sales will be paid out immediately, and a portion of fees on sales will be sent to the original AI model creators. The value chain of a traditional NFT marketplace is Collector -> Artist, with Generaitiv the ecosystem will compensate Collector > Artist > AI Model Creator. Both Technical Founders have an extensive background in AI, 2014 launched a physical autonomous robot which included a chatbot which received nationwide attention, and computer vision / AI in production use around the world in enterprise applications. Both founders have also provided development services in the web3 space from DeFi to NFT platforms. Generaitiv was launched February 14th, 2023 as a vision to ensure that AI remains open source, and not behind controlled centralized, walled gardens owned by large corporations. Our platform went live as of February 21st, 2023 Generaitiv is developing a decentralized protocol, and crowd sourced network of AI compute requests. Additional platform support of synthetic media, videos, chat, music generation is also planned.