How it Works: AI-Enhanced Fair Launch Mechanism
Last updated
Last updated
Golden Launchpad ($GOLA) represents a groundbreaking fair launch platform, meticulously crafted for the issuance of Tokens and NFTs.
At its core, it integrates the latest advancements in AI, cryptography, and blockchain technology to ensure fairness and transparency in the issuance process. The platform is marked by a series of innovative mechanisms, including user profiling based on on-chain and off-chain data analysis, evaluations using advanced deep learning networks, dynamic adjustments to mining difficulty, the Cumulative Advantage Probability Adjustment (CAPA) system, and a lottery process utilizing verifiable distributed random number generation.
These innovations not only enhance the platform's efficiency and user experience but also significantly bolster the security and sustainability of the entire ecosystem. Golden Launchpad is committed to providing a trustworthy and equitable issuance platform for the BTC ecosystem and the broader blockchain community.
User Profiling Upon entering the platform, Golden Launchpad employs blockchain technology and big data analytics to construct detailed user profiles. This initial step is crucial in identifying genuine users and blocking malicious bots. The platform’s innovative use of voiceprint recognition DID technology captures users' biometric information, facilitating the authentication of real users and enhancing security.
AI Network Weight Allocation These user profiles are then analyzed within an advanced AI network, assigning a corresponding weight based on the user's behavioral patterns.
Dynamic Mining Difficulty Adjustment As users engage in Token or NFT minting, the system adjusts the mining difficulty in line with the aforementioned weights, ensuring both fairness and efficiency.
CAPA System for Adjusting Winning Probabilities After minting, the CAPA system recalibrates users' winning probabilities, paying special attention to actively participating users and those who have been consistently unlucky.
Random Number Lottery Finally, a lottery is conducted using a blockchain-based verifiable random number generator, guaranteeing fairness and transparency throughout the process.
Golden Launchpad integrates blockchain technology with big data analytics to create dynamic, multi-dimensional user profiles. These profiles are essential for distinguishing genuine users from malicious bots, ensuring fairness and reliability in participation. The process involves:
- Data Collection: On-chain data (transactions, fund flows, smart contract interactions) is represented as vectors X_blockchain, while off-chain data (social media behavior) is captured as X_social.
- Feature Extraction: Features are extracted using f_blockchain(X_blockchain) for on-chain and f_social(X_social) for social media data.
- User Profile Construction: A comprehensive user profile vector U is formed by combining these features: U = f_blockchain(X_blockchain) ⊕ f_social(X_social).
- Anomaly Detection (Malicious Bot Identification): A classification model M inputs U and outputs the probability P_malicious of being a malicious bot. This model could be based on machine learning techniques like SVM, Random Forest, or deep learning networks.
- Dynamic Updating: User profiles U are regularly updated to reflect the latest on-chain and off-chain activities.
Advanced deep learning networks, such as LSTM and RNNs, are employed to analyze on-chain data, identifying subtle patterns of abnormal behavior. This allows the platform to detect and exclude suspected bot activities efficiently while maintaining transparency and fairness through community oversight.
A novel variable Proof of Work (PoW) algorithm is developed to combat bot attacks, requiring wallets suspected of being bots to perform complex calculations. This dynamic difficulty adjustment ensures a seamless experience for genuine users.
This mechanism dynamically adjusts users' winning probabilities based on their participation history, enhancing fairness and incentive in the drawing process. Active and long-term participants see adjusted odds, ensuring loyal users are appropriately rewarded.
Utilizing blockchain-based random number generators enhances the trustworthiness of the drawing process with verifiable randomness. The steps include integrating VRF for random number generation, calculating users' winning probabilities, generating random numbers to select winners, and establishing a transparent and fair selection process.
