Description

Overview:

Assisterr team is building a data-layer for community-owned AI models.

Assisterr is reimagining Knowledge Capital Market by providing an equal opportunity to contribute to AI models and benefit from its progress.

Initial use case for DevRel AI agents is already live, generating revenue, and supports developers on Solana, NEAR, Particle Network, Optimism and other ecosystems.

Now in the phase of closing the lead investor - will be probably one of these: Longhash or Foresight Ventures. Raising 4M USD in this round, already got 2M USD commits. As we are investing before the lead investor is finalized yet, we do not know the valuation, but it will be in range of 25-30M USD.

Plan is to launch the token by Q3, to offer the investors returns yet in this market cycle. Cliff and vestings are yet to be finalized as well, worst case scenario is 3 months cliff and 15 months linear vesting, or it could be no cliff and 18 months vesting.

Positives:

• Launching on Solana and Monad
• Founder understands how the cycles works in crypto and wants to make the token to be launched and offer returns to investors within this cycle
• Outlier Ventures' Base Camp
• Working product - projects can feed the language model by their technical data, implement the model into their slack, telegram or discord and it can answer all technical related questions. First of many use cases
• Winners of Autonomous agents hackaton in Denver
• First product - technical helpdesk - already being used by 11 companies, 40 more already lined up, bringing revenue over 1M USD, claiming it could save to projects up to 90k USD annually
• Token utility comes from the need - to be data validator and to be data contributor or creator of the model, everyone will need to stake the tokens, to secure that there will be possibility to slash the rewards of any potential malicious actors. As well, if someone will use data from any language model build on Assisterr, there will be fees associated with the usage. Those fees will be shared with validators, contributors and creators of the models

Negatives:

• the AI space is evolving in such speed, that this project might be fighting in the future for not becoming obsolete
• Narrow focus in comparison with other projects building autonomous agents, but possible to scale once the product is validated

Disclaimer

• • Risk of Loss: Investing in cryptocurrency projects carries inherent risks, including the risk of losing your entire investment. Be prepared to potentially lose all the funds you invest.
• • No Guarantees: There are no guarantees of profits, returns, or success when participating in projects. Past performance is not indicative of future results.
• • No Financial Advice: The information provided is not financial advice. Consult with a financial advisor if you are uncertain about participating.
• • Due Diligence: It's your responsibility to conduct thorough due diligence on the project, team and tokenomics before participating. Make informed decisions.
• • Community and Social Hype: Be aware that investment decisions based solely on social media hype or community sentiment can be risky and speculative.
• • Backup Your Private Keys: Ensure you have securely stored your private keys or seed phrase. Losing access to them may result in permanent loss of your assets.