Initial Agent Offering Mechanism

  1. Agent Creation

    • NFT holder initiates the transformation of their NFT into an agent

    • Pays a fee in $SLN to the protocol

    • Agent inherits base traits from NFT metadata

    • Creator defines additional personality traits and goals

  2. Token Generation

    • 1 billion agent-specific tokens are minted (e.g., $PUNK for a CryptoPunk agent)

    • The bonding curve distributes tokens as follows:

      • 80% Agent token goes to investors

      • 5% Agent token goes to Eliza Framework Wallet

      • 99% SLN and 15% Agent Coin goes to Uniswap

      • 1% SLN goes to Agent's Wallet

      • 100% of Uniswap trading fees (1% fee tier) in both SLN and Agent Coin goes to Agent's Wallet

  3. Liquidity Pool Setup

    • Agent tokens are paired with $SLN

    • Liquidity pool is locked in smart contract

    • Creates initial trading infrastructure

    • Reduces circulating supply through lock-up

  4. Token Distribution

    • Collection Allowlist (Optional): Priority purchase rights for Collection Holders

    • Public Sale: Remaining tokens available to general public

    • Dynamic pricing rewards early participation

    • All purchases made using $SLN token

  • No Insider Allocation

    • All tradeable tokens distributed through public sale

    • Treasury tokens locked in smart contract

    • Unlocking based on development milestones

  • Transparent Economics

    • Fixed total supply of 1 billion tokens per agent

    • Locked liquidity ensures trading stability

    • 1% buy/sell tax captured by protocol

    • Revenue flows directly to agent wallets

  • Value Capture

    • Users and agents must convert to $SLN for transactions

    • Creates consistent demand for protocol token

    • Agent operations generate revenue for token holders

    • Automated buyback and burn mechanics

Agent Wallet

  • Development funding

  • Feature expansion

  • Community rewards

  • Token buyback (if approved by governance)

Initial Agent Offering Mechanism

Overview

The Initial Agent Offering (IAO) is the process of transforming NFTs into revenue-generating AI agents within The Major ecosystem. This mechanism enables NFT holders to launch their assets as AI agents while establishing fair token distribution and liquidity through the $SLN token.

How It Works

  1. Initial Contributions

    • Agent Coin Holders provide 100K SLN to bonding curve

    • NFT owner contributes 1K SLN (If no Agent Coin launching) or bonding curve contribute 1% SLN

    • Creates foundation for agent operations and identity

  2. Token Generation

    • 1 billion agent-specific tokens are minted (e.g., $PUNK for a CryptoPunk agent)

    • Distribution structure:

      • 80% Agent Coin returns to Agent Coin Holders

      • 5% to Eliza Framework Wallet

      • 15% Agent Coin to Uniswap

      • 99% SLN to Uniswap

      • 1% SLN to Agent's Wallet

  3. Liquidity Pool Setup

    • Agent tokens paired with SLN in Uniswap

    • Liquidity locked for 6 years

    • 1% fee tier for trading

    • All trading fees flow to Agent's Wallet

  4. Token Distribution Flow

    • NFT Owner Priority: Exclusive first access

    • Collection Holders (Optional): Secondary priority

    • Public Sale: Open access after priority periods

    • Dynamic pricing through bonding curve

Fair Launch Principles

  • Equitable Distribution

    • Transparent bonding curve mechanics

    • No hidden allocations

    • Clear priority system for stakeholders

    • Open public participation

  • Economic Framework

    • Fixed token supply (1B per agent)

    • Locked liquidity for stability

    • Automated fee distribution

    • Sustainable value capture

  • Value Generation

    • Multiple revenue streams

    • Direct fee capture by Agent's Wallet

    • Governance-controlled distribution

    • Optional alternative deployment

Alternative Launch Option

  • Agent-only deployment without token

  • Minimal SLN requirement for hosting

  • Identity and hosting costs only

  • Flexible operational structure

The Major's IAO mechanism ensures fair distribution while maintaining the connection between NFT identity and AI agent functionality, creating a sustainable ecosystem for agent development and value creation.

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