What is Turbo? In recent months, advances in generative artificial intelligences have been enormous. The appearance of the new versions of Chat-GPT or Midjourney have taken the possibilities of this technology to a new level. In the crypto world, AI has also found its space, thanks to cryptocurrencies and tokens centered on it.
However, there is a cryptocurrency that has taken artificial intelligence one step further: TURBO.
What is Turbo?
Basically, it is about the first cryptocurrency fully developed using Chat-GPT 4.
As explained from the project page, the creation of this token arose as a result of an experiment.
The creator of the token, whose Twitter pseudonym is Rhett Mankind, set himself the challenge of create a crypto token using only Chat GPT-4 and with a budget of less than 69 dollars.
Following the instructions provided by the artificial intelligence, the founder was able to create the token and deploy it on the Ethereum blockchain.
Same as other memecoins, like PEPPER or Shiba Inu, it is a coin that has no use case and, therefore, they also have no value, beyond the purely speculative.
Why was Turbo created?
Beyond the simple experiment, the creator of Turbo seeks seize the moment of fame of artificial intelligence technologies, especially from GPT Chat.
On the other hand, according to its founder, Turbo aims to become a memecoin with a unique identity.
Unlike other similar tokens, with a complete tokenomics and ecosystem, Turbo wants to focus on simplicity, fairness, and community engagement.
For example, your whitepaper has one page and it is very simple.
Turbo prioritize decentralization and aspires to create an inclusive ecosystem that enables sustainable growth, innovation and long-term value development for its holders.
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How has Turbo been created using Chat GPT?
Mankind started by asking Chat GPT to choose a name for the project.
The AI gave a list of names and the founder created a poll on Twitter. The winning name was: TurboToad.
The creator then used Midjourney to create what would become the project's mascot and logo.
Cat GPT also developed the tokenomics of the project and its whitepaper. They include terms such as “no tax”, “waived contract”, “no presale” and “anti-whaling mechanism”.
Although Mankind was initially advised by the AI to learn programming to write the smart contract code, it was eventually Chat GPT who wrote all the code.
The smart contract was published and reviewed by various community members before being officially deployed on Ethereum.
On a first launch via DEX it failed, as the bots got most of the liquidity.
Mankind came back to Chat GPT who gave him several tips on how to launch successfully.
Finally, launched the new version of the token, called TURBO, with a total supply of 69.000 billion tokens; 60.000 million for the community and 9.000 were reserved for the creator.
TURBO, the token
TURBO is an ERC-20 token, with a total supply of 69.000 billion tokens.
Currently, it has a total market valuation of U.S. dollar 10.028.278.
Among its main characteristics are that has no transaction fees and is run by the community.
The token has no use case, beyond pure speculation.
Unlike other memecoins like PEPE, the Turbo team it doesn't even have a defined roadmap, beyond a couple of goals for the second quarter of 2023, such as increasing the presence on social networks or launching a website for the project.
Conclusion
Turbo uses GPT Chat and Artificial Intelligence as a leverage point unlike other memecoins, just like PEPE uses an old well-known meme.
Unlike other meme coins, which have a well-defined roadmap, Turbo does not have a long-term roadmap, so it does not seem that he is clear about his own future.
That a token does not have clear plans for its future It is not a good sign, especially when it comes to memecoins that are already worthless.
It does not even have its own website, another point that is not favorable for a crypto project.
Fonts
Website: https://sites.google.com/view/turbotoad
Whitepaper: https://sites.google.com/view/turbotoad/whitepaper
Founder's Twitter: https://twitter.com/rhett
Project Twitter: https://twitter.com/TurboToadToken