Version: 1.0
Last Updated: February 10, 2025
MYNTIS (Modular Yield for Networked Technologies and Intelligent Systems) is an innovative Web3 and AI-driven ecosystem that fuses universal basic income (UBI), decentralized infrastructure, and autonomous interactions into one unified platform. Central to this ecosystem is the MYNT token—a deflationary utility token with a fixed total supply—that gains value solely through supply and demand dynamics.
Automation and Economic Inequality: With traditional jobs increasingly displaced by automation, MYNTIS leverages AI to provide universal basic income, ensuring that essential needs—such as food, shelter, clothing, and energy—are met.
Privacy and Secure Verification: Using advanced zero-knowledge proofs, MYNTIS verifies user interactions without exposing personal data, safeguarding user privacy.
Inclusive Participation: The ecosystem is designed to reward both human and autonomous system interactions, ensuring comprehensive participation across the network.
MYNTIS as an AI Provider: By delivering cutting-edge AI services, MYNTIS creates natural demand for MYNT tokens. Users engage with the platform to access high-quality AI and, in return, earn UBI—driving both token utility and exponential user growth.
Exponential Ecosystem Expansion: As the value of MYNTIS's AI services becomes evident, the user base is expected to grow rapidly. Increased usage leads to higher transaction volumes and more tokens circulating in the ecosystem, reinforcing network effects.
Regulatory Volatility: The token's price may temporarily decline during periods of stringent regulation, reducing overall activity. However, those who continue minting tokens during these downturns stand to benefit when regulatory conditions improve—while others may experience FOMO.
Pure Supply-Demand Valuation: MYNT token value is determined entirely by market forces. There are no active buyback mechanisms; instead, the token's scarcity, driven by the halving emission schedule and continuous network growth, underpins its valuation.
User Interactions and Verification: AI providers — including MYNTIS itself — aggregate user interactions into cryptographic structures (e.g., Merkle trees) and post succinct proofs on-chain. Users verify their activities by solving CAPTCHAs and submitting zero-knowledge proofs, triggering UBI token disbursement.
Autonomous and Bot Interactions: Autonomous agents participate via similar verification processes, ensuring every transaction — human or machine — adds to the ecosystem's value.
Community-Driven Infrastructure: Token emissions support local energy systems, AI accelerators, and other essential technologies, enabling decentralized development and empowerment of underserved regions.
Layer 2 Solutions: MYNTIS leverages Ethereum Layer 2 networks to reduce transaction fees and improve throughput.
Cross-Chain Compatibility: MYNT tokens are fully interoperable across multiple EVM-compatible chains, ensuring seamless integration with the broader DeFi landscape.
Fixed Total Supply: MYNT tokens have a fixed maximum supply of 1 billion tokens, distributed as follows:
Emission Schedule with Periodic Halving: The 700 million tokens allocated for interactions (both human and bot) are distributed over a 100-year period, with emission rates halving every 4 years. This gradual reduction in new supply creates long-term scarcity and underpins the token's value.
No Buybacks: There is no buyback mechanism. Instead, the token's price is determined purely by supply and demand in the market.
Staking-Driven UBI: AI providers stake MYNT tokens and distribute UBI rewards based on verified user interactions. As staking balances change, rewards adjust accordingly, ensuring that the system remains aligned with actual network activity.
Intrinsic Demand from AI Services: As MYNTIS's high-quality AI services attract more users, the demand for MYNT tokens increases. This creates a self-reinforcing cycle where increased token usage enhances both utility and value.
Regulatory Impact and Market Cycles: In times of regulatory tightening, reduced activity may lower token prices temporarily. However, active participants who continue to mint tokens during these periods are positioned to benefit when conditions normalize, while passive users may experience FOMO.
| Milestone | Description | Timeline |
|---|---|---|
| Genesis Launch | Token premint, initial distribution, L2 deployment, and UBI pilot launch. | Q1 2025 |
| AI Provider Integration | Onboard multiple AI providers, including MYNTIS's own services, and implement advanced verification. | Q2 2025 |
| Mainnet Emissions Start | Launch the first emission cycle for UBI and autonomous interactions, with halving mechanisms active. | Q3 2025 |
| Local Energy and Infrastructure Projects | Fund community-driven projects in energy, AI acceleration, and technology enhancements. | Q4 2025 – Q2 2026 |
| Enhanced Autonomous Interactions | Expand bot-to-bot and autonomous data submissions to diversify token utility further. | 2026+ |
| Global Scale and AGI Expansion | Broaden AI service offerings and integrate additional technological synergies for global impact. | Ongoing |
MYNTIS is positioned to revolutionize economic and technological progress by integrating AI-driven UBI, decentralized infrastructure, and autonomous interactions into a single, resilient ecosystem. With a deflationary token model based solely on supply and demand, MYNTIS ensures long-term value creation and widespread accessibility. Although regulatory cycles may cause temporary volatility, active participants who remain engaged are poised to benefit as market conditions improve. This pure market-driven approach, without adaptive emissions or external buybacks, fosters a transparent and self-sustaining economic model.
Informational Purpose: This whitepaper is provided solely for informational purposes and does not constitute investment advice or a securities offering.
Forward-Looking Statements: All projections and statements are subject to technological, market, and regulatory uncertainties.
Token Utility: The MYNT token is intended for use exclusively within the MYNTIS ecosystem and does not represent equity, debt, or ownership.
Regulatory Compliance: Participants must adhere to local regulations. MYNTIS disclaims liability for any losses, direct or indirect, arising from its use.
For More Information:
Website: myntis.com
GitHub: github.com/myntis
Discord: Invite Link
Twitter: @myntisai