💎Sentinel Incubation Program
Sentinel AI Incubator Program Documentation
Introduction
Welcome to the Sentinel AI Incubator Program! This program introduces a new revenue model designed to benefit our community and support innovative projects, while addressing the critical issue of crypto scams in the DeFi space.
The Problem with DeFi Scams
The DeFi space has been increasingly targeted by scams and hacks, leading to significant financial losses for investors. In 2023, crypto investment scams in the U.S. alone resulted in $3.94 billion in losses, a 53% increase from 2022. Additionally, in the first quarter of 2024, there were approximately 50 crypto attacks totaling $430 million in stolen funds. These scams often exploit vulnerabilities in smart contracts or use sophisticated tactics like flash loan attacks and private key compromises.
Sentinel AI's Solution
To combat these issues, Sentinel AI is launching an incubator program with a new revenue model aimed at fostering secure and successful projects in the DeFi space.
Project Incubator Description
Sentinel AI will invest in new tech startups, helping teams bring their ideas to life with:
Contract Deployment for Safety: Ensuring secure and compliant contract setups.
Supply and Locking of Liquidity: Providing financial stability and preventing rug pulls.
Project Advisory: Offering expert guidance on development and strategy.
Marketing Assistance and Networking: Boosting project visibility and connections.
Ensuring Safety for Investors
The incubator program is designed to provide a safe investment environment. By controlling and funding new startups, Sentinel AI ensures that all projects undergo rigorous security checks and audits. This approach minimizes the risk of scams and maximizes the potential for success.
Benefits to the Community
Holders of certain tiers will receive automatic allocations in these projects (0.1%-0.25% depending on holding size, with 10,000,000 SNT required for eligibility). These tokens will be vested for a week to ensure a sustained release and ease for new investors.
New Revenue Model
Transaction Tax
1% Tax: From all buys and sells of Sentinel tokens, 1% is collected. Holders of 5,000,000 SNT tokens (0.5% supply) are rewarded, integrating this into our revenue share program.
Project Incubation
70% of Collected Tax: From the 1% tax collected, 70% goes to revenue share, and 30% supports Sentinel’s growth (buybacks and marketing).
Tiers for Rewards
1% Supply (10,000,000 SNT): Eligible for token allocations from incubated projects and revenue share.
0.5% Supply (5,000,000 SNT): Earns revenue share from 20% of tax gathered on Sentinel Contract and from all incubated projects.
0.1% Supply (1,000,000 SNT): Access to the Smart ETH Trending Channel.
0.2% Supply (2,000,000 SNT): Eligible for the Smart AI Call Channel (under development).
Conclusion
This strategic initiative not only secures a solid future for Sentinel but also generates more income for revenue sharing, enhancing our reputation in the industry. By addressing the issues of security and trust, Sentinel AI aims to make DeFi a safer space for all investors. For more details, stay tuned to our official channels and join the Sentinel community as we embark on this journey to revolutionize the DeFi space.
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