New Tokenomics Plan

The current tokenomics of the Neural Pepe project is rather unsustainable as the $AI token which is being generated by Neural Pepe NFTs (NP) on a daily basis is inflationary. Despite we have efficient $AI burning mechanisms such us AI Tools and future NFT collections coming in the future, they're not stable and rather transitory.

That's why we devised a new tokenomics plan. The plan includes introduction of 5% tax on all $AI buys/sells and 4-5% fees on NP sales on NFT marketplaces. $AI tax will be used to provide automated liquidity for $AI token, fuel Rewards System (with reflection to $BNB), lower $AI circulating supply by freezing it inside $AI Treasury (with potential burning) and provide extra funding for the future development. $BNB collected from NP trading fees will also be used for automated liquidity and Rewards System, but also for $AI buybacks.

The description above is a very concise summary of the tokenomics plan. We recommend reading the full version here: https://neuralpepe.medium.com/neural-frens-new-tokenomics-f3c94a093bc1

Implementation of the new tokenomics will also require replacement of $AI v.1 token to $AI v.2 as the current smart contract design of $AI doesn't allow us to add a trading tax. $AI v.2 is supposed to be airdropped to all $AI v.1 holders at a 1:1 ratio (including unclaimed $AI balances) upon a publicly scheduled snapshot of balances.

What is more, we suggest moving NP NFTs to a v.2 version as well, which will be dropped along with AI v.2. There are 2 major reasons why we propose doing it:

1. NP smart contract was based on an non-standard smart contract design similar to the Hashmasks, so it doesn't have a tokenURI - a unique identifier which provides access to NFT's metadata and image link. Having a tokenURI will highly simplify intercompatibility with various NFT marketplaces and NFT wallets and explorers which use tokenURI as a standard.

2. If we move to $AI v.2 we won't be able to burn it to record NP names in the original NP contract as it's hardcoded that it can only accept $AI v.2. Having NP v.2 we can make a single transfer of all names recorded inside NP v.1 contract and then continue recording names in the NP v.2 contract in exchange for $AI v.2

The more detailed reasoning of $AI and NP swaps can be found in the same Medium post linked above.