Problems & Opportunities

The cryptocurrency industry has struggled with a fundamental criticism: beyond financial primitives like wallets, swaps, stablecoins, blockspace, and DeFi, there is limited real utility driving token value.

Most crypto projects rely on speculation - users buy tokens hoping to sell them later at a profit, creating an economy built on temporary financial engineering and activity rather than value creation. This has led to dilutive emission models, value extraction without value creation, and the unsustainability of many chain ecosystems.

Meanwhile, AI is experiencing rapid growth with tens of billions in revenue and 100s of millions of users - for ChatGPT, Claude, and other AI services. This represents real economic activity: users pay for a service and receive immediate value. However, this digital AI economy remains centralized, with value accruing primarily to large tech companies.

Bitplanet bridges these two worlds by creating blockchain ecosystem and infrastructure specifically designed for the AI economy.

It solves three critical problems:

Problem 1: Unsustainable Tokenomics - Other ecosystems do not tie tokenomics and emissions to real consumptive usage and revenue. It is primarily financial engineering without a real economy (besides blockspace and token swap fees). Bitplanet introduces a dual-mechanism system where protocol emissions are distributed based on both AI usage (consumptive demand) and AI token market caps (speculative demand), with measurable, adaptive emission rewards where inflation creates more accretive value than dilutive loss.

Problem 2: Value Extraction - Current blockchain ecosystems suffer from participants who extract value without contributing back. Bitplanet implements enforced creator royalties at the chain level - breaking "credible neutrality" by blacklisting smart contracts that circumvent royalty payments to AI economy contributors. This controversial but necessary approach ensures sustainable economics for the AI ecosystem.

Problem 3: Technical Barriers - AI development and crypto remains inaccessible to most people due to technical complexity. Deva solves this by (1) abstracting away web3 complexity with passkey smart wallets, (2) providing AI developers with friendly APIs, SDKs, and UIs that simplify model inference augmented with emission rewards, and (3) providing UI for users to easily benefit from AI and Crypto tokens.

The ecosystem leverages a full-stack approach: Bitplanet provides the economic and financial infrastructure and Deva offers the development platform and marketplace.

Last updated