🦄Proof of AI & Bet

Intro to Proof of AI & Bet

FUYO token is Proof of AI and Bet

Proof of AI & Bet (PoAIB) is a concept designed to integrate Fuyo AI with the blockchain lottery system to enhance transparency, incentivize engagement, and validate user participation in betting activities. Here's how it could work within the Fuyo ecosystem.

PoAIB combines AI-driven engagement and on-chain betting activities to generate verifiable proof of interaction and contribution to the ecosystem. This proof is used to reward users and ensure fairness and accountability.

Functionalities of PoAIB

1. AI Interaction Proof

• Mechanism: Each interaction a user has with Fuyo AI (e.g., asking for insights, analyzing bets, or receiving recommendations) is logged and hashed on-chain.

• Purpose:

  • Verifies that the user actively engages with Fuyo AI.

  • Prevents farming by requiring meaningful interactions for rewards.

• Example: A user consults Fuyo AI for optimal betting strategies via Telegram bot. This interaction is recorded in Fuyo AI and Fuyo App's userID (UID) and stored on-chain as part of their activity log.

2. On-Chain Betting Proof

• Mechanism: When a user places a bet in the lottery, the transaction is recorded on Fuyo, creating immutable "proof of bet".

• Purpose:

  • Ensures transparency in betting activities.

  • Links rewards directly to on-chain actions to prevent fraud.

• Example: A user bets 5 USDT in the Fuyo game. This transaction aka proof of bet, is recorded on-chain and linked to their Fuyo AI engagement data.

3. AI agent and Bet linkage

• Mechanism: PoAIB combines AI interaction proof "proof of AI" and betting proof "proof of bet" into a single cryptographic proof on Fuyo AI and Fuyo App.

• Purpose:

  • Demonstrates that the user utilized AI insights to make informed bets.

  • Rewards users based on both engagement and participation.

Benefits of PoAIB

For Users

1. Trust and Transparency:

   • On-chain records ensure fairness and eliminate doubts about reward distribution.

2. Monetized Engagement:

   • Users earn rewards not just for betting but also for interacting with AI, creating a win-win system.

3. Optimized Strategies:

   • By leveraging Fuyo AI insights, users can make informed decisions, increasing their chances of success.

For Fuyo

1. User Retention:

   • Gamified rewards encourage users to stay active within the ecosystem.

2. Enhanced Credibility:

   • PoAIB’s transparent design builds trust in the platform’s fairness and integrity.

3. Data-Driven Growth:

   • Insights from PoAIB interactions can inform platform improvements and new feature development.