Updated on March 26th, 2024

1. Abstract

OpenIndexAI (OIAI) is an ERC-20 token powered by the Ethereum blockchain, designed to facilitate and improve access to large language models (LLMs), document embeddings, and productivity tools provided by OpenIndex.ai. OpenIndex.ai offers these advanced AI resources to a global audience, providing services in several languages. Holding 10,000 OIAI tokens in their Ethereum wallet grants users access to OpenIndex.ai's Pro plan features, encompassing the full suite of services.

2. Introduction

In an era where productivity and efficiency have become fundamental determinants of success, OpenIndex.ai fills a substantial gap in the market by providing state-of-the-art AI tools for both individuals and teams. The OIAI token not only signifies a user's participation in this AI-powered ecosystem but also serves as a passport to the advanced features of the platform.

3. Product offering

OpenIndex.ai offers a suite of AI agents to businesses and individuals looking to improve their productivity. Our offering is based on three pillars:

1. LLM-powered conversational agents available through a familiar chat interface. OpenIndex.ai provides a collection of agents covering a range of services from friendly conversations to sales & marketing, legal support, health and fitness, coding and more. All users can create custom agents for their own needs with different system prompts, model selection, available knowledge base and detailed model parameters. We now offer OpenAI models (ChatGPT, GPT-4 with different context windows sizes), Google Vertex AI and soon a wide variety of proprietary and open source alternatives.

2. Document embeddings. Users and teams can upload documents or links to websites to index a knowledge base and make it available to their AI agents. Users can choose to make their documents publicly available, or to make it private to themselves or their team. Using contextual documents to anchor language models' reasoning and provide visibility to the end users over sources and references.

3. A prompt library. A growing collection of prompts for different use cases (sales & marketing, finance, accounting, coding and more) will allow everyone to make the most out of their AI agents.

4. Positioning

We believe there is a multi-billion dollar opportunity to offer small businesses, enterprises and individuals easy access to a variety of language models and AI tools to maximize their productivity.

Compared to consumer products like character.ai, Poe, Pi and others, OpenIndex.ai's target segment will be businesses looking to boost the productivity of their teams. From a product perspective, this customer focus translates into features like (i) private and team-sharing capabilities for agents, data sources and prompts, (ii) easy integration with business data sources (accounting, finance, HR, CRM and sales tools), (iii) integration of AI agents into business workflows via email and slack channels, in addition to web and app access.

5. Token Utility

Holders of 10,000 OIAI tokens gain complete access to OpenIndex.ai's Pro plan, unlocking a plethora of powerful AI tools powered by GPT-4 models and providing advanced document embedding capabilities. The OIAI token thus serves a critical function in democratizing access to cutting-edge AI capabilities, irrespective of geographical or language barriers.

We intend to use OIAI tokens to reward community members who contribute high-quality agents, AI prompts and documents embeddings.

We will explore a burning mechanism where a portion of OIAI tokens paid by our customers for API usage and other services are burned to create downward pressure on total token supply.

6. Tokenomics

The OIAI token has a max supply of 1 billion tokens. The allocation of these tokens is as follows:

• 70% (700 million tokens) are vested over a 5-year period, starting on May 1, 2023 [Tx, Vesting contract].
• The remaining 30% (300 million tokens) are distributed among tokens earmarked for Seed round and Public Sale, the OpenIndex.ai team, and a community treasury.

Here is a more detailed breakdown:

Allocation	Percentage (%)	Amount (Tokens)
Vesting Supply	70	700,000,000
Company Treasury	10	100,000,000
Seed Round*	10	100,000,000
Team	5	50,000,000
Public Sale*	5	50,000,000

Vesting supply will be allocated over time as follows:

• 300 million tokens to artificial intelligence R&D, compute and GPUs, model training and finetuning
• 250 million tokens to community incentives, distributions and marketing.
• 150 million tokens to the management team

* We have earmarked 10% and 5% of supply for a Seed Round and for a Public sale respectively.

7. Conclusion

The OpenIndexAI (OIAI) token serves as a key component of the OpenIndex.ai ecosystem, providing users with access to AI agents, document embeddings and AI tools powered by foundational AI models (starting with OpenAI's ChatGPT and GPT-4, and in the future other closed source and open source alternatives). The token not only promotes the democratization of advanced AI capabilities but also rewards users for their participation in the OpenIndex.ai platform as they contribute AI agents, document embeddings and AI prompts.

OpenIndexAI is a tool for empowering individuals and teams around the world to enhance their productivity and creativity using advanced AI technology. As we continue to develop and refine our offerings, we look forward to the potential of this powerful token and its role in shaping the future of AI-assisted productivity.

Get in touch with us over email, twitter or join our discord server for any suggestion or question.

Appendix

See OpenIndexAI (OIAI) token on Etherscan, DexTools and Uniswap.

Uniswap v3 LP lock on Team.Finance [Tx1, Tx2, Tx3].

On March 20th, 2024, we bridged 10M $OIAI tokens onto the Base chain. Basescan and Uniswap.

On March 21st, 2024, we bridged 15M $OIAI tokens onto the Binance Smart Chain (BSC). BSCScan and PancakeSwap.

On March 26th, 2024, we bridge 10M $OIAI tokens onto Solana using Wormhole Portal Bridge. Solscan, Jupiter, Raydium and Dextool.