All About imgnAI

What is imgnAI

Source:https://x.com/imgn_ai

imgnAI is an AI-based image generation platform that allows users to generate highly customized images through simple text commands, similar to AI platforms such as MidJourney that generate images from text. Unlike traditional design software, imgnAI allows users without professional drawing skills to generate complex and creative images through simple text descriptions, thanks to its powerful artificial intelligence technology.

imgnAI is also a decentralized creative and community platform where users can generate various types of images, including anime style, realistic style, and complex anatomical diagrams. The core of imgnAI lies in its AI model’s deep learning ability and full support for user creativity, further providing value-added services for users through the native token IMGNAI, rewarding creators, and encouraging community participation.

The founding team of imgnAI consists of a group of developers and machine learning engineers with a background in encryption, focusing on the development of innovative generative AI products. Currently, imgnAI has launched a complete product suite covering Web, Telegram, and Discord platforms. In January 2024, the team successfully completed a seed round financing of $1.6 million, led by HackVC, with participation from dao5, Rana Capital, Selini Capital, West Ham Capital, Motus Capital, and some strategic angel investors.

How to use imgnAI

imgnAI provides users with multiple ways to generate images, including through web applications, Discord, and Telegram platforms. Users can choose the most suitable method for their own creation.

1. Web application: Users can access the imgnAI official website, create an account, and connect their wallet to directly use AI to generate images on the platform. The platform supports a variety of creative tools, and users can choose different AI models for creation according to their needs.
2. Discord Platform: On Discord, users can use the “Naifu” virtual human (AI Agent) by joining the imgnAI official server. Users can generate artwork by entering concise text commands, and users can also enhance their creative ideas by interacting with community members.

Source:https://imgnai.gitbook.io/imgnai/getting-started/quick-start-discord

3.Telegram Platform: Users on Telegram can generate images by chatting with imgnAI’s official Bot and inputting commands. Whether it’s generating artwork in private chats or group chats, imgnAI provides convenient services.

In addition, users can use the native token IMGNAI to purchase advanced features, receive rewards, or participate in community governance when participating in generating images on these platforms.

imgnAI’s technology and innovation points

imgnAI’s core technology is based on the latest deep learning models, especially using diffusion models and large-scale language models (LLMs). These models allow users to input text descriptions, and the AI system can generate corresponding images, which is not only efficient, but also can produce a rich variety of artistic styles.

• Diffusion model: This is a generative model based on the progressive elimination of image noise, widely used in the field of image generation. It can gradually generate clear images from random noise and improve image details through iterative refinement.
• Large Language Models (LLMs): These models are able to understand complex natural language descriptions and convert user’s text input into precise image generation instructions. By combining LLM, imgnAI is able to support more complex and precise creation.

imgnAI is not only an AI image generation tool, but also makes full use of blockchain technology-Base Chain, enhancing the platform’s decentralization and data security. This makes creative works, transactions, and user data on the platform more secure, and avoids the possible review and data tampering issues that centralized platforms may bring.

Source:https://app.imgnai.com/

In addition, imgnAI plans to further promote decentralized governance through its native token IMGNAI. Users can participate in the platform’s decision-making process by staking IMGNAI tokens and contribute to the future direction and development of the platform.

IMGNAI Token Economics

The native token IMGNAI of imgnAI has a total supply of 654 million, with a peak market capitalization exceeding 20 million USD. As of the time of writing (January 8, 2025), the market capitalization of IMGNAI is around 15 million USD. It plays a crucial role in the platform ecosystem. As the main utility token of the platform, IMGNAI can be used for the following purposes:

1. Unlock advanced features: Users can use IMGNAI tokens to unlock advanced features, such as high-definition resolution, 4K resolution, model upgrades, etc. The consumption of tokens will directly affect the access rights to advanced features within the platform.
2. Rewards and Tips: The platform encourages users to create and rewards creators with IMGNAI tokens. Users can not only create artworks on the platform, but also share their works with other users and receive creative tips.
3. NFT Minting: User-generated artworks can be minted as NFTs and traded using IMGNAI tokens. This allows creators to generate income by selling NFT artworks.
4. Decentralized Governance: imgnAI also plans to achieve decentralized governance through tokens. Token holders can participate in the platform’s future development decisions, propose and vote on suggestions and elections, further enhancing community engagement and platform transparency.

Token Distribution Mechanism

Source:https://imgnai.com/token/

The distribution mechanism of IMGNAI token is designed to be fair and transparent, to achieve the healthy growth of the ecosystem, and to ensure the long-term sustainability of the project:

• Team Unlock: 5%
• Centralized Exchange (CEX) / Staking: 20%
• Liquidity Pool (LP): 75%

Gate.com Innovation Zone has launched IMGNAI, trade now:https://www.Gate.com/pilot/base/imagine-ai-imgnai

The future development and potential of imgnAI

With the continuous development of artificial intelligence technology, image generation technology is also constantly improving. As an innovative product that combines blockchain technology and AI creation, imgnAI has great development potential in the future. In addition to image generation, the platform also plans to expand its functionality to cover areas such as virtual reality, advertising creativity, personalized product design, etc., providing users with more creative space.

User creative freedom
imgnAI always puts creative freedom first, allowing users on the platform to not only generate artistic works, but also to commercialize and monetize these works, further motivating the enthusiasm of creators. Through a decentralized system, users’ works will not be subject to any external review and can freely express their creativity.

Extend to more application scenarios
In addition to image generation, imgnAI’s technology can be extended to multiple fields. For example, in the marketing and advertising industry, advertisers can use imgnAI to generate personalized advertising images; in the entertainment industry, artists can use AI to create unique illustrations for movies or game character designs; in the education field, imgnAI can provide visual learning materials for learners, helping them better understand abstract concepts.

Launch PUMPNAI platform
In January 2025, imgnAI will launch the PUMPNAI platform, which allows users to create powerful agent projects with zero code and just a few simple steps. PUMPNAI can leverage imgnAI’s self-developed generative image models to provide high-quality, customized image and text generation services, supporting the generation of everything from anime and logo designs to complex anatomy.

Summary

imgnAI is an innovative platform that combines AI technology and blockchain technology, providing a space for creative freedom through its powerful image generation capabilities and decentralized ecosystem. The platform offers users rich functionality and incentive mechanisms through the IMGNAI token, while also providing creators with more commercial opportunities. Whether it’s digital art creation, personal entertainment, or business applications, imgnAI demonstrates the tremendous potential of combining image generation with AI technology in the future.