FAQ
Last updated
Last updated
GTC AI is a Web3 aggregation protocol providing trustable and composable infrastructures to build the Web3’s Soul and release the potential in Decentralized Society.
GTC AI is made by a tech-driven team with considerable experience working with the latest technologies and specifications. The core team members are from Cornell Blockchain, Stanford University, Carnegie Mellon University (CMU) and Microsoft. We currently have 17 employees and are still hiring. Learn more about the details here.
We’ve listed a series of tasks of the team’s main focus as a to-do list.
Click here to learn more about the roadmap. Please feel free to ask any questions or raise a discussion via the community channel.
GTC AI provides a simple, safe, and collaborative infrastructure for crypto users to rebuild influence and trust on Web3. A variety of Web3 utilities can be built with GTC AI. Kindly check the document below.
We offer several Open APIs for all Web3 applications to access user’s KYC data in real time without leaking user sensitive information.
Web3’s Soul Profile (WSP) act as verifiable and programmable identities aggregating trustable data. The data on the chain, including NFT avatar, ENS name, SBT Medal and so on, are read according to the address signed by the user, which is not authorized to tamper with actively. The Portfolio section is read through the products of TIMT such as Smart SAFT and Claimer. User has no right to tamper with the information actively. The social medias and company experience of Web2 are bound to the chain after being authorized by the relevant OAuth authentication, and upload to the chain in encrypted way. Users cannot fill in fake information by themselves, and the part of POI(or Testimonial) is written by other GTC AI users through signature, and users have no right to forge.
Whether it is Web3 KYC system, WSP or Smart SAFT's Hidden mode, the information on chain is stored in encrypted ciphertext. No one can know the information data inside, so users of GTC AI can safely upload data on the chain, and no one has the right to know your private information.
At GTC AI, Space is a Web3 DAO Hub created for managing all Smart SAFTs, portfolios, token vesting, and creating IDO/Private Sale deals shared with the community, etc. Anyone can create a Space at GTC AI to launch dApps such as Smart SAFT, Claimer, and other dApps.
All the data and information of GTC AI Space are stored on the chain in a decentralized way, which is the basis of the Credit Data Network.
Creating Spaces takes just a few clicks. Here we take the Ethereum network as an example.
Connect your wallet and choose Ethereum.
Navigate to Dashboard > My Space > Create Space. Type your Space name and click “Submit”. Make sure there’s ETH in your wallet as gas fees.
Now your Space has been successfully created. You can tap on Request Verification to unlock more features, or directly launch Smart SAFT/Claimer dApp (coming soon).
At GTC AI, Verified Space means the Space and its owner have been verified by the GTC AI operating team. The benefits and privileges of Verified Spaces are as follows:
Receive a green Verified badge next to their Space Name.
Gain a dedicated, unique and short URL created according to Space Name.
Edit the Space Profile including Space Name, logo, description, website, Twitter, Discord, Telegram, etc.
Be included in the Space List page and able to be searched by the public.
SAFTs created will be listed on the Explore page and able to be filtered and searched by the public.
At GTC AI, all Space Owners are eligible to request verification. If you want to verify your Space, kindly submit a request here. For the Space Verification Program, kindly check the document below.
At GTC AI, everyone can effortlessly draft an on-chain proposal for the deal including all key terms with the counterparty (token buyer/seller), which is called Smart SAFT.
As we know, projects secure funds in early stages through mutually signed legal documents called Simple Agreement for Future Tokens (SAFT). Compared with traditional SAFT legal documents, Smart SAFT provides effective constraints and security by smart contracts, and protection for the crypto users' investment in the primary market on Web3.
If you want to launch Smart SAFT, make sure you already have a Space at GTC AI, otherwise, you need to create one first:
Navigate to Dashboard > My Space > Create Space to create a Space at GTC AI.
Navigate to Dashboard > My Space > New SAFT to launch Smart SAFT.
As the proposer of the deal, the Space Owner needs to fill out the form in the popup to successfully launch the Smart SAFT, total three sections including Project Info, Token Info and Fundraising Detail.
Click here to learn the detailed user guide about How to Launch Smart SAFT.
SAFTs created by Verified Space Owners will be automatically displayed on the Explore page of the GTC AI website. Kindly submit a request for verification here.
GTC AI NFT Receipt is the world's first Non-Fungible Tokenized Receipt on Web3, as the proof of purchase when the token buyers/investors buy tokens through Smart SAFT, records their deal information and will be swapped into Non-TradableToken (NTT) to power the Credit Data Network in DeSoc. NFT Receipt can be minted to unlock multiple benefits including token presale whitelist, airdrops, NFT exclusive farming, a lottery for free of charge, swap into Non-TradableToken (NTT), etc.
GTC AI NFT Receipts can be minted only by the token buyers/investors when they buy tokens through Smart SAFT, which will charge them an extra 1% of the total investment.
If you want to mint the NFT Receipt, make sure you can participate in buying tokens in any Smart SAFTs at GTC AI. The NFT Receipt fees will be charged once the token buyers/investors approve the minting while they deal with the payment to buy tokens in Smart SAFT.
Once the payment is finished, the token buyers/investors will be able to check the NFT Receipt by navigating to Dashboard > My NFT.
DPF (short for Dynamic Penalty Function) is designed by GTC AI and followed by Claimer to limit adjusting token vesting during the period, which is calculated according to the following formula:
The symbol Σ (sigma) is used to denote a sum of multiple terms.
The Ceil() method rounds a number UPWARDS to the nearest integer and returns the result.
The Abs() function returns the absolute value of a number.
The z refers to the total amount of penalty that the proposer will pay if all adjustments to the token claim rules are completed by the Claimer smart contract.
The k refers to the specific fines per hour.
The x refers to the adjusted claim time of the specific batch.
The y refers to the initial claim time of the specific batch.
The unit to Abs(x-y) should be an hour/hours.
According to the DPF, the more times of the adjustment or the larger the adjustment range, the higher the total fine the proposer will pay.
We will announce details about the $GTC AI token sale in due course. Please stay tuned. Be careful with fake Telegram groups or social media links impersonating GTC AI. We do not tolerate illegal practices of any nature. Kindly check the authenticity of your GTC AI sources (e.g. telephone numbers, emails and URLs) via GTC AI Authenticity Check.
We haven’t announced the finalized tokenomics yet. But for sure, we will reward early adopters at GTC AI who are using Spaces, or minting NFT Receipts through Smart SAFTs, etc. Please stay tuned.
As a decentralized ecosystem built for Web3, the protocol’s security is our top priority as always. GTC AI smart contracts have completed the double audits process by Certik and PeckShield, the top security auditors in the industry. For details, please read the audit report as follows:
Certik Audit Report
PeckShield Audit Report
Before any new features are released, we’ll first complete internal audits and third-party audits, and will regularly re-audit all contract code to ensure its security.