Tokenization

Tokenization on Paal AI allows you to create unique tokens tied to your bot, enabling monetization, community engagement, and revenue-sharing opportunities. This guide outlines the steps to tokenize your bots and the features available.

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Overview of Tokenization

Tokenization empowers bot creators by:

1. Rewarding Users: Incentivize users for interacting with your bot.

2. Ownership and Monetization: Generate a token tied to your bot for revenue sharing.

3. APY and Engagement: Allow users to earn rewards based on their interactions.

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Steps to Tokenize a Bot

Step 1: Select a Bot

1. Navigate to the "Tokenize" section in the Tokens tab.

2. Browse the available bots and choose the one you want to tokenize.

3. Configure visibility:

   • Enable or disable Visibility to control whether the bot and its token are public.

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Step 2: Choose Tokenization Option

1. Launch a New Token:

   • Create a new token associated with the bot.

2. Use an Existing Token:

   • Link your bot to a token you already own.

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Step 3: Configure Token Details

1. Upload Token Image:

   • Add an icon to represent your token.

2. Token Details:

   • Token Address: Specify the blockchain address for the token.

   • Token Name: Assign a meaningful name to your token.

   • Token Symbol: Create a short, unique identifier (e.g., BOTX).

   • Token Description: Briefly explain the purpose of the token.

3. Social Media Links:

   • Add Telegram, Discord, or website URLs to connect with your community.

4. Buy Details:

   • Add URLs for purchasing or trading the token (e.g., on Uniswap or Base).

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Step 4: Launch Token

1. Review the configuration details.

2. Click Create Token to finalize and launch the token.

For New Tokens:

• Tokens are automatically launched on the Base Chain for security and scalability.

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Token Creation Workflow

1. Pick a Coin You Like:

   • Select a token that aligns with your goals or project needs.

2. Participate in Presale:

   • Launch a presale for early supporters.

   • Allocate up to 20% of the token supply for presale participants.

3. Deploy to Uniswap:

   • After the presale, deploy the token to Uniswap for trading.

   • Adjust liquidity allocation and reserve unsold tokens for the pool.

4. Liquidity and Rewards:

   • Allocate 70% of the supply for liquidity.

   • Reserve 11% for user rewards based on engagement (e.g., tokens earned for interactions).

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FAQs

1. What benefits do token holders get?

Token holders can earn APY through engagement and participate in revenue-sharing opportunities.

2. Can I use an existing token?

Yes, bots can be linked to tokens you already own.

3. How do I set token visibility?

Use the Visibility toggle to make the bot’s token public or private.

4. What platforms support token trading?

Tokens can be traded on supported platforms like Uniswap or other DEXs.

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Tokenizing bots on Paal AI enables a unique blend of monetization and community engagement, empowering creators to build sustainable ecosystems around their bots. Let me know if further clarifications are needed!