Auki Labs

Auki Labs Overview

• Auki Labs focuses on decentralized machine perception and spatial computing
• It aims to enable collaborative spatial data sharing among devices
• The project uses the $AUKI token to power its ecosystem

What is Auki Labs?

Auki Labs is at the forefront of developing the Posemesh, a decentralized machine perception network designed to enhance spatial computing capabilities. The Posemesh aims to enable devices to collaborate by sharing spatial data and computing resources, forming distributed spatial computers that optimize both energy usage and computational power.

The core mission of Auki Labs is to improve our collective cognitive capacity, facilitating collaboration between humans and AI in understanding and interacting with the physical world. This approach contrasts sharply with the centralized, privacy-invasive methods of many tech giants.

How Does Auki Labs Work?

Auki Labs operates through a network of decentralized devices that collaborate by sharing spatial data and computing resources. Key aspects include:

Devices: Various devices, from IoT sensors to advanced robotics, contribute to and benefit from the shared system.

Spatial Computing Protocol: This protocol allows secure interaction between devices, ensuring privacy and fostering collaboration.

Ad Hoc Device Clusters: Devices form temporary clusters to pool resources, solving complex problems efficiently.

These clusters allow for efficient resource sharing and problem-solving, forming a decentralized computing network.

What Makes Auki Labs Unique?

Auki Labs stands out due to its decentralized approach to spatial computing. Its unique features include:

1. Privacy Preservation: The system ensures that data exchanges are secure and that devices retain control over their information.
2. Collaborative Framework: Devices work together in trustless clusters, optimizing resource use and enhancing capabilities.
3. Decentralized Token Economy: The $AUKI token supports the network’s economic model, rewarding participants and maintaining balance.

Auki Labs’ commitment to decentralization and privacy provides a compelling alternative to centralized spatial computing solutions.

Tokenomics of Auki Labs

The $AUKI token drives the Auki Labs economy. Here’s an overview:

• Initial Supply: 10 billion $AUKI tokens minted.
• Deflationary Supply: Supply will decrease to a final total of 5 billion tokens as services are used.
• Pre-Sales: Tokens worth USD $18,837,840 were sold before launch.
• Foundation Treasury: 18.89% of the initial supply is vested over 7 years.
• Team Pool: 15.58% of tokens are allocated to Auki Labs, vested over 4 years with a 6-month cliff.
• Advisory Allocation: Outlier Ventures receives 6% of the supply, vested under the same terms as the team.
• Vesting: Private pre-sales vest daily over 1-4 years

burn-credit-mint mechanism

Posemesh operates using a burn-credit-mint mechanism. In this system, users burn $AUKI tokens to obtain credits for network services, which then triggers a deflationary minting process. This creates new tokens that are added to a reward pool, which is later distributed to service providers based on the credits they’ve accumulated.

To maintain stable pricing, services are priced in credits, while rewards are paid out in tokens. This setup ensures that service costs remain predictable despite fluctuations in token value. Additionally, Posemesh incentivizes early participants with higher deflation rates as the total supply of tokens decreases.

Summary

Auki Labs, through its Posemesh network, represents a significant advancement in decentralized spatial computing. By enabling collaborative resource sharing among devices and leveraging the $AUKI token, it offers a privacy-centric, decentralized alternative to traditional spatial computing solutions. This innovative approach positions Auki Labs as a key player in the evolving landscape of digital and physical integration.

FAQ about Auki Labs

What is Posemesh?

Posemesh is a decentralized machine perception network designed to enhance spatial computing through collaborative and privacy-preserving technology. It utilizes blockchain to manage spatial data and enable secure interactions among users, devices, and AI.

How does the Posemesh network work?

Posemesh operates on a burn-credit-mint mechanism. Users burn $AUKI tokens to acquire credits for network services. This process triggers a deflationary mint, creating new tokens that are distributed as rewards to service providers based on the credits they accumulate. This system maintains stable pricing and incentivizes network participation.

What is the role of the $AUKI token?

The $AUKI token is used within the Posemesh network to pay for services and earn rewards. Users burn $AUKI tokens to obtain credits for accessing network resources, and service providers receive rewards in $AUKI tokens based on their contribution to the network.

What blockchain does Posemesh use?

Posemesh is built on the Base blockchain, which is a Layer 2 solution using Optimistic rollups. This choice ensures scalability, EVM compatibility, low gas fees, and the flexibility to integrate future advancements through interoperability.