Creator Bid: How to get ready for the BID token launch
With ai16z and Virtual solidifying as the two most prominent AI infrastructure platforms, this leaves room at the end of the podium for new incumbents trying to get market share and position themselves behind these two giants.
Among those, what if I told you there’s a tokenless AI launchpad with their TGE coming soon?
This article introduces CreatorBid (CB), a launchpad that facilitates users' ability to launch AI agents with a series of unique value propositions (USP) compared to its competitors.
What is CreatorBid?
CB allows anyone to launch an AI agent on Base through a highly streamlined process. These agents can then be trained on specific resources to create and execute tasks autonomously or collaboratively across multiple agents.
CB allows anyone to tokenize their agents. All agents collecting over 7.4 ETH of initial liquidity get deployed on Uniswap.
What sets CB apart from other launchpads?
With a strong focus on incentive alignment and long-term sustainability, CB differentiates itself from other competitors by offering several USPs:
Sniper-proof launches: ensuring fair launches and participation. This system was stress tested under the launch of the Aion5100 agent when the system was subject to a DDoS attack.
Creator Incentives: all agents deployed on CB are subject to a 2% sale tax, which gets accumulated in the agent treasury to fund growth strategies and development. Multiple agents have already accumulated significant funds in their treasuries.
Open Data: agents can leverage decentralized skills and diverse content, becoming unique.
CB agents are provided with:
Intelligence: using LLM and machine learning to execute tasks (content, social media management)
Social Identity: can share content on social media to maximize reach
Tokens: through Agent Keys
A Safe wallet to manage assets and transactions
Revenues stemming from the 2% fee on transactions
Anytime users deploy agents on CB, each associated with a unique “agent name service” (or ANS), an NFT that reserves the unique $TICKER of the agent, ensuring no agents share the same ticker.
ANS are transferrable and can be bought or sold.
Agents are tokenized through “Agent Keys,” which represent tokenized ownership of the agents and open the door to exclusive membership communities.
CB also allows anyone to lock their agent tokens in exchange for “creator point”, unlocking exclusive rewards:
Advanced tools (e.g. image generation, AI chat)
Token-gated chats and communities
Contribute to influencing the future of AI agents
This is part of their full-fledged campaign to stimulate community support and distribute “CreatorPoints”.
Users earn points based on the Total Value of their Memberships (TVM), adjusted to the total value locked in the CB ecosystem.
With the upcoming launch of $BID, users are trying to maximize their points by launching high-performant agents and locking their agent tokens.
To showcase its platform, CB deployed its first agent, Algo, during the last week of November. In two days only, it accumulated over $100k in fees, 50k which he then locked permanently in its liquidity.
Thanks to the 2% fee, agents can organically grow their treasury and re-invest it autonomously. This ensures agents avoid rugging, as CB allows them to autonomously build and manage their treasury - acting as a very lucrative interest alignment mechanism.
As part of its capabilities, Algo possesses several skills, including:
Automatic image generation
Auto-reply
Auto-content creation
Automated-trading
Cross-chain arbitrage
CreatorBid x Olas
Nonetheless, CB agents are still subject to certain limitations, especially in terms of:
Scalability: how can a single team build every capability agents might need?
Accessibility: how do you ensure anyone has access to advanced capabilities? Need infrastructure to replicate these systems.
CB is partnering with Olas mechs to solve this issue and improve Agent-to-Agent collaboration.
Eolas mechs streamline how CB developers can access new tools to empower their agents, leading to a shift from monolithic to collaborative agents. Through this partnership, agents can interact with each other and access resources and custom tools to expand their capabilities.
This way, any third-party developers can provide agents with custom skill plug-ins.
Furthermore, it contributes to:
Decentralizing the development load
Creating custom tools improving agents’ efficiency
Creating a collaborative environment: using devs from the Olas Academy
Democratizing access to tools and capabilities
Why is this a big deal?
Latest tools and capabilities directly accessible to agents: agents become autonomous service providers
Revenue flywheel: the fees generated from usage, rewards, and other incentives can be leveraged to create new tools, execute buybacks, burn OLAS, and more.
No need to develop siloed agents: resource sharing improves efficiency
No need to upgrade: hire other agents for the skills you don’t have
From isolation to collaboration
Where does this leave us?
As CB moves closer to its TGE in Q1, its platform and agent Algo are attracting increasing mindshare.
In December only, CB experienced over 60000 active users on its platform.
Since its inception, CB has launched over 3700 agents, generating:
26k ETH volume
300 ETH revenue
The platform has over 27m in TVL and a total market cap for all its agents of over $142m, led by Aion and Algo.
Top Creator Bid Agents:
AION5000
AgentAlgo
Draiftking
Here are just some of the partnerships already secured by CB, including:
Decentralized AI and data:
Bittensor
Data
Predictions
Images
3d models
Custom Agent skills: Autonolas mech
GPU: supported by Aethircloud foundation and IoNet
Treasury automation: using Safe and Brahma
Onchain data: Alphanomics
Interoperability: Wormhole
Creatorbid agents are first movers in leveraging the Bittensor tech and the potential of subnets to plug in the agents with new capabilities.
Bittensor subnets should be understood as constellations of planets around Bittensor. By leveraging Bittensor subnets, Creatorbid agents expose users to possible future airdrops and compete to get the most amount of TAO emissions.
For instance, AION leverages Polymarket as a platform to place bets and PlayInfGames as a subnet.
What’s Next?
As BID TGE approaches (January), we see increased activity on the CB platform, whether users are launching new agents or trying to accumulate as many CreatorPoints as possible.
Furthermore, compared to its competitors CB appears to be launching at a fair valuation, as the platform has already accumulated over 150m in TVL.
Does CB possess the unique selling proposition to counter more established launchpads?
Food for thought.