Initial Agent Offering Mechanism (IAO)
Bitagent uses the Initial Agent Offering (IAO) mechanism, allowing anyone to start their own agent at a low cost. The entire issuance process includes:
Agent Creation: Users can create an agent by simply setting basic information on the creation page, with no code required.
Token Generation: A BEP-20 token (total supply fixed at 10 billion, no presale) is generated for each agent, serving as the medium of exchange within the agent's economy. The token is distributed based on the agent's contribution and interaction within the ecosystem, ensuring fair distribution of incentives.
Incubation Status: Newly created agents enter the "incubation" status, during which the token price is dynamically adjusted by the bonding curve mechanism. The bonding curve ensures smooth growth in the early stage of the agent's value, attracting community participation.
Graduation Mechanism: When an agent's market value reaches 100 BNB, it "graduates." Bitagent will automatically create a trading pair for the agent on PancakeSwap and inject the accumulated BNB (deducting a 1 BNB service fee) as liquidity, pushing the agent into the public market trading phase.
This mechanism ensures that the entire process of the agent’s creation, incubation, and graduation is driven by market demand and community participation, ensuring a fair start and value-driven growth.
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