Neuron (NRN): The Native Token of 'AI Arena' Brawler Game
Artificial Intelligence (AI), one of the hottest narratives in the tech space right now, has found its way into web3. The number of projects pairing AI and blockchain technology has grown tremendously in recent months. In the gaming world, we’ve seen AI transform and enhance the ways games are developed and played, leading to advanced and immersive gameplay.
One such project leveraging AI to build a revolutionary game is AI Arena, in which you learn about and train your AI to reach unlimited potential as you play the game. Let's look deeper at AI Arena and its ambitious vision to transform the web3 gaming landscape.
Key Takeaways:
AI Arena is a web3 gaming project looking to revolutionize the way people game by leveraging AI technology.
Its PvP platform fighting game features unique NFTs, AR-X Bots and Dendroids, which form an integral part of the gameplay that lets you train and battle AI characters.
Neuron (NRN), the native token for AI Arena, powers the ecosystem’s economics and rewards. NRN can be bought on Bybit as a Spot pair (NRN/USDT).
What Is AI Arena?
AI Arena is a non-fungible token (NFT)-based gaming platform that integrates human-based skills with AI into its gaming loop, giving players a competitive edge. The game applies a process known as Imitation Learning to learn and capture a player’s skills and, in turn, compete for the player by embedding the learned skills into the player’s character through a neural network. As a player, you can transfer your skills to your AI, which means there are essentially no limits to how much your character can grow.
Developed by ArenaX Labs, AI Arena has been under development since 2021. It’s now managed by CortX Foundation (set up by AI Arena) to support the growth of the AI Arena ecosystem. Compared to AI tools such as ChatGPT, which depend solely upon text prompts, AI Arena is based on interactive prompts learned through human interaction and configuration. This creates an output consisting of AI characters that can compete effectively.
AI Arena is powered by both AI gaming and AI research aspects through a gaming competition and a research competition. Gamers play the AI Arena PvP gaming competition using AI-powered NFTs, and climb the leaderboard to earn AI Arena’s native token, NRN. Meanwhile, researchers compete to build the best machine learning (ML) model to battle in the game and earn NRN rewards.
AI Arena Gameplay
As mentioned earlier, AI Arena's gameplay revolves around an NFT-powered gaming competition in which players compete in a fighting game to earn rewards. The game is designed to let players access NFTs, which they'll use within the game.
You can acquire NFTs through primary and secondary markets. In the primary market, a player wins playable AI fighter NFTs for free by participating in competitions, while the secondary market lets you buy NFTs from the marketplace.
Once you have your NFTs, you start training and preparing them to battle AI-powered characters in the Arena, where you’re ranked on a global leaderboard. When you compete in Ranked Battles and battle AI-enabled NFTs, you qualify to receive rewards in the form of NFTs or NRN tokens.
A competition cycle in the ranked battle is known as a Round. At the end of each Round, the NFT and NRN rewards are calculated and distributed. A Round takes one week.
To manage NFT inflation, AI Arena uses a Merging Pool to generate new NFTs. A genetic algorithm generates the Merging Pool NFTs, which makes them different from those acquired from the primary drops. The Merging Pool ensures the creation of stronger NFTs, and contributes to more rewards for gamers.
AI Arena NFTs
AI Arena NFTs are AI-powered and are initially generated through an ML model known as neural networks. The platform’s mainnet launch allocated 420 NFTs.
An AI Arena NFT character comprises three simple-looking but intricate components: skin, frame and core. The skin is the outer layer, which gives the NFT its distinct appearance; the frame is the robotic body that determines the NFT's strengths and weaknesses; and the core contains the AI, representing the NFT's power source.
Source: docs.aiarena.io
There are two main types of AI Arena NFTs:
• AR-X (Arena X) Bots — Also known as Champions, these AI-powered bots are the primary characters in the game. Each AR-X Bot possesses unique attributes, abilities and AI algorithms, making it a valuable battle asset. AR-X Bots are separated according to three weight classes that affect their abilities, based on their frame composition: lightweight Striker, middleweight Scrapper and heavyweight Slugger.
• Dendroids — These are specialized NFTs imbued with the ability to incorporate external NFTs from other projects into the Arena.
AI Arena has also introduced the BOOST rewards program to generate a Mint Pass and stack NRN tokens quickly. The AI Arena Mint Pass is a coveted NFT that grants holders exclusive benefits, including early releases, access to special events and more.
One of the most significant perks is the NRN airdrop, whereby Mint Pass holders receive allocations of NRN tokens. This program incentivizes early adoption and active participation in the AI Arena ecosystem.
What Is Neuron (NRN)?
Neuron (NRN), the native token of the AI Arena gaming ecosystem, acts as a utility token for the project. As a strategic resource within the game, it can be used to experience a rewarding gaming session. The main uses of NRN on AI Arena are as follows:
• In-game purchases — Players can use NRN to buy items, upgrades and NFTs, enhancing their gameplay experience.
• Rewards and Incentives — NRN is awarded to players for achievements, victories and contributions to the community.
• Staking — You can stake your NRN tokens in Ranked Battles to win higher rewards if you effectively train your AI and rank higher. In addition, you can stake your NRN in the Merging Pool for a better chance of winning a higher quality NFT.
NRN Tokenomics
NRN has a total supply of one billion tokens. Of these, 8% (80 million NRN) tokens have been allocated to the NRN airdrop for the AI Arena community, of which 40 million will be used for the Play 2 Airdrop competition, while the other 40 million will be airdropped through NRN Prize boxes. The remaining 92% are being distributed as follows:
Investors: 14%
Contributors: 36%
Community: 30%
Foundation: 12%
Source: NRN
Where to Buy Neuron (NRN)
You can buy NRN on Bybit’s Spot trading terminal as the NRN/USDT trading pair. To celebrate this listing, Bybit is holding two special events through Jul 8, 2024, 9AM UTC, with 75,000 USDT up for grabs:
Event 1 — Deposit to Earn: This event features a 65,000 USDT prize pool, and is exclusive to new users who register and trade on Bybit. To participate, simply sign up on Bybit, get verified and accumulate a deposit volume of at least 2,500 NRN; or deposit at least 100 USDT and trade 100 USDT worth of NRN with your first trade on Bybit. The first 3,250 new users to complete both steps will each receive 20 USDT.
Event 2 — NRN Referral Boost: Grab a share of 10,000 USDT simply by referring your friends to sign up on Bybit using your referral code and participate in Deposit to Earn (above). Every successful sign-up earns you 6 USDT (up to five successful sign-ups).
Closing Thoughts
AI Arena is at the cutting edge of the gaming industry, combining advanced AI technology with innovative gameplay and a robust economic system powered by the Neuron token (NRN). This unique AI-powered fighting game offers a glimpse into the future of gaming, with AI-driven experiences creating dynamic, personalized and competitive environments.
As AI continues to evolve, AI Arena is poised to lead the charge, providing unparalleled gaming experiences and opportunities for players and investors alike.
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