ChainGPT Price

What is ChainGPT? In essence, ChainGPT is an innovative AI technology that merges the power of generative AI with blockchain capabilities. It not only advances how machines understand and process expansive datasets but also ensures transparency and trust in AI processes. Its currency, CGPT, affords holders a say in its future through a decentralized autonomous organization (DAO). This guide will delve into ChainGPT’s mechanics, applications, and its evolving role in the world of AI and blockchain.

Key Takeaways

• ChainGPT boosts AI and data science research, integrating AI with blockchain to enhance explainability and trust in AI systems and offers its token, CGPT, for participation in its DAO.
• With a market cap of $167.89M and a current price of $0.214663, ChainGPT presents a substantial investment opportunity, underscored by its circulating supply of 780.93M CGPT tokens out of a total supply cap of 998,451,925.
• Users can stake and farm CGPT tokens for rewards, with ChainGPT offering multiple staking pools and a burn mechanism to potentially enhance token value, alongside dedicated tools for real-time price tracking and market statistics.

What is ChainGPT?

ChainGPT is not your average AI model. It represents a significant leap in machine learning and artificial intelligence capabilities. With the NVIDIA Hardware Grant Program, ChainGPT propels AI and data science research by utilizing industry-leading hardware and software. Businesses can leverage this advanced AI model to boost decision-making processes, analyze vast data sets for insights, and identify pivotal trends.

The integration of ChainGPT’s AI with blockchain technology is a game-changer. It enhances the explainability of AI models, fosters trust in AI systems, and enables the analysis of large datasets to deliver valuable insights to users. Furthermore, ChainGPT’s practical role is seen in its token, CGPT, which gives holders the opportunity to participate in the decentralized autonomous organization (DAO), exercising their right in decision-making through proposals and voting.

Google Cloud Grant and Nvidia Grant

ChainGPT benefits from the Google Cloud Grant by tapping into the Google for Startups Cloud Program. This offers essential technology and resources for AI startups’ development. AI startups without funding can access the Start tier for up to $2,000 USD in Google Cloud credits, while funded AI-first startups in the Scale tier can receive up to $350,000 USD over two years, along with technical support, hands-on learning, and early access to AI technologies. Google Cloud’s expertise in generative AI technologies and an infrastructure designed for high performance and scalability make it an invaluable contributor to ChainGPT’s growth.

Meanwhile, the NVIDIA’s Applied Research Accelerator Program provides support to projects that apply NVIDIA-accelerated applications for real-world impact. This includes access to hardware, software, and training opportunities. Eligible projects can receive different levels of hardware and cloud compute support from NVIDIA, ranging from $20K USD to $160K USD. These resources are crucial for ChainGPT’s ongoing development and the exploration of new use cases.

Applications in the Blockchain Space

Exciting applications spring from the fusion of ChainGPT’s AI with blockchain technology. AI tools, like ChainGPT, enhance the explainability of AI models by providing a digital trail of AI decisions and data provenance through blockchain technology. This fosters trust in AI systems and makes them more appealing to users and businesses alike. AI amplifies the capabilities of blockchain by enabling the analysis of large amounts of data. This symbiotic relationship helps blockchain networks expand and deliver valuable insights to users.

ChainGPT’s applications extend beyond the blockchain sector. Here are some examples:

• For businesses, ChainGPT can significantly improve digital marketing efforts by leveraging AI for targeted customer engagement.
• Retail users can utilize ChainGPT’s advanced inventory management tools.
• Dev Assist, a browser extension, offers detailed explanations of smart contract interactions within the ChainGPT ecosystem. This serves as a valuable technical resource for users, reinforcing ChainGPT’s commitment to user empowerment.

ChainGPT Today: Market Cap and USD Price

The financial potential of ChainGPT forms a significant part of its value. With a current market cap of approximately $167.89M, ChainGPT is a significant player in the cryptocurrency realm. Market capitalization in cryptocurrency is determined by multiplying the circulating supply of a token with its current market price.

The live USD price of ChainGPT is currently $0.214663. This price, coupled with ChainGPT’s market cap and the potential applications of its advanced AI model, makes ChainGPT a compelling investment opportunity.

Circulating Supply and Total Supply

ChainGPT’s market presence and potential are evident in its circulating supply. With a total of 389.04 million CGPT tokens currently available for trading, ChainGPT has a considerable footprint in the cryptocurrency market. The total supply of ChainGPT tokens, capped at 1 billion CGPT, indicates the potential scarcity and perceived value of the currency.

Understanding the circulating and total supply of ChainGPT is crucial for investors interested in the cryptocurrency’s market potential and value. This information, along with ChainGPT’s current market price, provides investors with a comprehensive view of the financial landscape surrounding ChainGPT.

24-Hour Trading Volume and Market Sentiment

The 24-hour trading volume is another key metric in cryptocurrency trading. ChainGPT boasts a 24-hour trading volume of around $--, which has increased by +30.43% and is currently at $167.89M. This metric gives an indication of the currency’s liquidity and the volume of ChainGPT tokens traded in the last 24 hours.

Platforms like KuCoin provide live ChainGPT price data, including 24-hour highs and lows, and display the sentiment of users towards the cryptocurrency. This market sentiment provides valuable insights into ChainGPT’s popularity and potential future performance.

How to Buy ChainGPT: A Step-by-Step Guide

The process for buying ChainGPT is straightforward for those interested. Here are the steps to follow:

1. Download a self-custody wallet, such as Coinbase Wallet, which is available as a mobile app and a browser extension.
2. Choose a unique username for your wallet, as it will be used to facilitate sending and receiving cryptocurrency.
3. Set up a 12-word recovery phrase and securely store it to prevent loss of access to the wallet.

To purchase ChainGPT on Coinbase, follow these steps:

1. Buy Ethereum (ETH) on Coinbase’s exchange.
2. Transfer the Ethereum to your Coinbase Wallet.
3. Use the trade tab in the Coinbase Wallet mobile app or browser extension to swap the Ethereum for ChainGPT and complete the purchase process.

Please note that ChainGPT is not directly available for purchase on Coinbase’s exchange.

Choosing the Right Exchange

Choosing the right exchange is a significant part of the ChainGPT purchasing process. ChainGPT can be traded on over 21 cryptocurrency exchanges, including:

• MEXC Global
• Huobi
• Kucoin
• Gate.io

MEXC Global is the top exchange by buy/sell volume for ChainGPT with a USDT trading pair, and users can also buy CGPT with fiat currency like BRL or with stablecoins like USDT and USDC.

When buying cryptocurrencies with fiat on exchanges, users typically need to complete a Know Your Customer (KYC) process. This involves submitting identification documents and awaiting approval. By carefully selecting their exchange, ChainGPT buyers can ensure a smooth and secure purchasing process.

Trading Pairs and Conversion Rates

ChainGPT can be traded using various cryptocurrency pairs such as CGPT/USDT, CGPT/BTC, CGPT/ETH, and more. Users can swap Ethereum (ETH) for CGPT using interfaces like the Coinbase Wallet, with transaction fees factored into the conversion rate. On certain exchanges, such as MEXC Global, users have the option to buy USDT or USDC with fiat money and subsequently trade it for CGPT by following designated trading procedures.

Platforms like Changelly offer a diverse range of over 500 currencies for exchanging ChainGPT. Here, users can select their preferred pair, choose a fixed or floating rate, and proceed with payment to the provided wallet address.

Farming Opportunities with ChainGPT

Apart from buying and trading, ChainGPT provides holders of CGPT tokens with lucrative farming opportunities. These opportunities allow users to participate actively in the network’s growth while earning rewards in the form of CGPT tokens.

Farming within the ChainGPT ecosystem means:

• Earning rewards for providing liquidity to specific pools
• Contributing to the network’s liquidity and stability
• Making it an attractive option for investors.

ChainGPT also has a unique burn mechanism: half of all fees and profits from ChainGPT tools and utilities are permanently removed from circulation. This mechanism incentivizes participation and could potentially increase the value of CGPT tokens.

Staking and Yield Farming

Staking and yield farming form the core of ChainGPT’s farming opportunities. CGPT tokens play a crucial role in the ecosystem, providing staking and farming opportunities that incentivize token holders. ChainGPT uses a weighted point system, CGPTsp (ChainGPT staking points), to reflect a user’s contribution to the ecosystem through the amount and duration of their staked tokens.

Several staking pools are offered by ChainGPT, such as a 45-day pool at 1% APY and a 365-day pool at 8% APY, each with distinct APYs and weight multipliers. CGPT token holders can participate in yield farming by providing liquidity in pools, thus earning additional rewards in the form of CGPT tokens.

Risk Management and Security Measures

When engaging in staking and yield farming with ChainGPT, risk management and security measures are paramount. The integration of blockchain technology with AI, like in ChainGPT, enhances data security by providing an immutable audit trail for AI models stored and distributed on blockchain networks.

Investors in ChainGPT should exercise careful investment decisions due to the high market risk and price volatility in the cryptocurrency space. It is crucial to diversify one’s investment portfolio to protect against potential losses while engaging in staking and yield farming with ChainGPT.

ChainGPT for Retail Users and Businesses

Both retail users and businesses can benefit greatly from ChainGPT.

For retail users, ChainGPT provides:

• Advanced personal finance management capabilities
• Financial advice
• Budgeting assistance
• Investment recommendations

These features enhance their financial planning and decision-making processes.

For businesses, integration of ChainGPT’s AI can automate complex business processes, improve supply chain performance, and enhance customer support solutions.

Use Cases for Retail Users

Retail users can enjoy the multiple benefits of ChainGPT, including:

• Improvement of customer service
• 24/7 assistance
• More human-like conversational experiences
• Effective handling of common inquiries

In the realm of e-commerce, ChainGPT can be used for:

• Personalizing interactions and suggesting relevant products based on customer data
• Improving cross-selling and up-selling opportunities
• Automating routine processes and customer interactions to cut down on operational costs

For personalized financial guidance, ChainGPT assists retail users with subscription management, tracking expenses, and offering cost-saving advice.

Integration Opportunities for Businesses

There are numerous ways businesses can utilize ChainGPT, including:

• Integration of smart contracts with ChainGPT’s AI for automatic dispute resolution and efficiency improvements in logistics and supply chains

• Employing ChainGPT for inventory control and predicting market demand
• Streamlining supply chain management
• Minimizing inefficiencies

With ChainGPT, businesses can enhance their supply chain performance by deploying ChainGPT for logistical optimization, waste reduction, and preemptive disruption identification. Furthermore, ChainGPT can be integrated as a virtual shopping assistant in the retail sector, providing personalized guidance and product recommendations to customers.

Automated customer support solutions powered by ChainGPT can effectively respond to common queries and technical issues correctly in just a few seconds, delivering faster resolution times.

Real-Time ChainGPT Price Tracking Tools

Investors and token holders need to monitor ChainGPT’s price in real-time. CoinMarketCap provides real-time price tracking for ChainGPT, which includes vital statistics like market cap, volume, circulating supply, and record high and low values. Mobile apps are also available that provide live price tracking and market statistics for ChainGPT with AI-powered analytics and tools.

The current cgpt price of ChainGPT is US$0.214663, and it is +30.43% below its all-time high of $0.555799. The latest price update for ChainGPT on Bybit was recorded on 21 Des 2024, ensuring users have access to timely and reliable market information.

Websites and Mobile Apps

Tracking the price of ChainGPT is made convenient through websites and mobile apps. CoinMarketCap’s mobile app provides real-time tracking of ChainGPT’s price, market cap, and trading volume. KuCoin offers a detailed profile for ChainGPT, including real-time price movements, market cap, and conversion rates to various fiat currencies.

These platforms not only provide real-time ChainGPT price tracking but also offer a wealth of data about ChainGPT’s market performance, trading volume, and more. By using these tools, investors and users can stay informed about ChainGPT’s performance and make informed decisions.

Browser Extensions

Even though no specific browser extensions for tracking ChainGPT’s price are identified, users can look for dedicated browser extension tools. These extensions could provide users with real-time price updates, market statistics, and more, right from their browser. This would be a convenient tool for those who want to stay informed about ChainGPT’s performance without having to visit a separate website or app.

Keep in mind that as the popularity of ChainGPT grows, more tools and resources for tracking its price and performance are likely to emerge. So, keep an eye out for new developments in this area.

Summary

ChainGPT represents a significant advancement in the AI and blockchain space, offering numerous applications and opportunities for users, businesses, and investors alike. This advanced AI model leverages industry-leading hardware and software, offers a multitude of farming opportunities, and integrates with various sectors, changing the way we perceive and utilize technology. Whether you’re looking to buy ChainGPT, explore staking and yield farming opportunities, or simply understand the ChainGPT dynamics and value, this blog post serves as a comprehensive guide. As ChainGPT continues to evolve, it promises to be a fascinating journey.

Frequently Asked Questions

What is the use of ChainGPT?

ChainGPT is an advanced AI model designed for the blockchain and cryptocurrency industry, offering features such as smart contract auditing, code generation, market analysis, and chatbot support. It also serves as a store of value, medium of exchange, and for governance purposes in the ChainGPT ecosystem.

What solution does ChainGPT offer?

ChainGPT offers a range of services such as blockchain analytics, AI trading, smart contract development, AI auditing, and risk management, powered by advanced artificial intelligence techniques and models.

What network is ChainGPT on?

ChainGPT is deployed on the Ethereum network as an ERC-20 token and on the Binance Smart Chain as a BEP-20 token, with potential expansion to other EVM-compatible chains as the project matures.

What is blockchain in simple terms?

In simple terms, blockchain is a secure, decentralized digital ledger used to record transactions across multiple computers, preventing retroactive alterations without network consensus. It is a way to securely and transparently record and track transactions in a business network.

What is cgpt crypto?

ChainGPT is an advanced AI model specifically designed for Blockchain Technology and Crypto-related topics, using high-speed computing capabilities and the latest algorithms to address challenging issues in the Blockchain and Crypto space. It also utilizes blockchain technology to execute various tasks including smart-contract programming and crypto market analysis.