‘AI’ is at the tip of everyone’s tongue at the minute. Not only that, it also continues to command a narrative mindshare as high as 39%.
While the spark this time around was ignited by Truth Terminal and GOAT, there are many unheard stories that have been brushed under the rug.
Today, blocmates presents to you one such tale that well fits into our “earlier than early” box.
RG: The AI-created token pioneer that went unseen
From the marketing point of view, Turbo is deemed to be the first AI-generated crypto asset. Its founder prompted ChatGPT to help him create “the next great meme coin” in April last year, and within a handful of days, the task was all done and dusted.
However, right before that, the Reapers Gambit [RG] was deployed — a project that the masses still don’t know about. Its token contract was created with ChatGPT days before Turbo was deployed.
Community member ‘Psuede’ became involved with the project in its early days and has supported the creator of the project — Lucas Braconnier, aka Figure31, through thick and thin.
In a freewheeling conversation with blocmates, Figure31 exclaimed,
“I’m an artist deeply involved in blockchain technology and on-chain art, my work involves a high degree of customization of “standard” token contracts. That’s what sets RG apart. It’s disheartening to see false claims thrive in a space that should be built on transparency and integrity.”
Where it all started
The project was originally christened ‘Death Comes Knocking,’ inspired by a similarly titled meme with the ticker DCK. Eventually, GPT put forth ‘Hamlet’s Gambit Currency’ on the table. That didn't hold water as a whole, but ‘Gambit’ remained.
Soon after launch, the project became inactive. However, the core team kept in touch and always had it in the “back of their minds” to revive it.
The latest surge in interest in Turbo and other AI tokens opens the door for RG’s re-entry into the arena.
Tokenomics
Figure31 launched the RG token “very randomly,” sans a presale. In fact, no tokens were allocated to the team. They, however, bought some for themselves from the Uniswap v2 pool right after the launch.
The supply of the token is capped at 999.999 million. All the LP tokens have already been burnt.
The token’s smart contract was entirely generated with ChatGPT. No audits were conducted per se, but it was all verified. Further elaborating, Figure31 affirmed,
“No audits, but it's pretty bulletproof by now I'd say. I believe nothing can be exploited except the "cheat death" function. That requires ownership of the contract, and I haven't relinquished it, so it's safe.”
The mechanics
With the AI boom in play, it's easy for projects to get lost in the shuffle. While chalking out Reaper Gambit’s USP and its sustainability plan, the developers highlighted that the token contract is “quite innovative.”
Typically, the tokens users hold need to be moved to a fresh wallet every 9 days to not be "reaped" by The Reaper. The same address cannot be used twice. At the end of the period, they become non-transferable.
There’s also an NFT that users can wrap their tokens into to make them immortal. However, they will be taxed for that. Basically, “it's supposed to be a game,” Psuede said.
Over the long run, there's a staking contract that offers an “immortal shelter” for RG tokens. Users will need a minimum of 300k tokens to stake.
The end goal: Users must evade The Reaper for as long as they can in the marathon of death.
On the website, a list of all the wallets that are locked or still in the game is previewable. Take the case of the wallet with 13.9 million tokens highlighted in the screenshot attached. It will be reaped by The Reaper in case the owner does not move the tokens [or wraps them in an NFT] within 4 days 18 hours.
Parallelly, on Telegram, a bot sends messages whenever someone gets reaped or escapes The Reaper. The running commentary is pretty dramatic.
The ‘deflation’ tangent
Back in the day, deflation was being advocated like hot pancakes. Almost every other project was experimenting with it in some way or the other.
The Reaper’s Gambit took deflation to a whole new dimension by personifying death. Elaborating on the same, Figure31 added,
“Today, most meme coins are just factory contracts with an image and a name. To me, that's boring AF. The NFT wrapper contract reinforces the deflationary mechanism. If we're going to experiment with tech and this new blockchain medium, we create new things, not just make more of what we already have.”
The path forward
At the moment, Psuede handles dev tasks on the TG bot and website but has distanced himself from on-chain responsibilities. He’s currently toying with LLMs. Chalking out a revival plan, Psuede said,
“The latest surge that happened 4-5 days ago definitely woke us up. We're working on some plans to create an LLM-backed AI persona that can answer in the TG, send tweets, etc. The inspiration there being Truth Terminal.”
Figure31 says, “I'm just an artist making stuff and releasing them in the wild.” This conceptual artwork token-based project is one such creation that embodies that ethos, pushing the boundaries of art and technology in the blockchain space.
