Papers1 provider · 1 record
December 8, 2024· 2024 IEEE Globecom Workshops (GC Wkshps)
conference-paper

Slinky Web3AI : A Decentralized Token Economy for Enhanced User Engagement and Stability through Blockchain and AI Integration

Authors:Shenoy PhalgunM. DurgaAmit DuaGagangeet Singh AujlaAnish Jindal

Abstract

Different types of cryptocurrencies have surged rapidly in recent years, with recent trends in tokenization and memecoin. This growth highlights the cryptocurrency market’s rapid expansion, especially in token creation at decentralized exchanges (DEXs). At the same time, the evolution of artificial intelligence (AI) and Web3 presents significant challenges, including sustained user engagement in AI-driven applications while maintaining utility and scalability. Existing game theory-based methods often increase centralization and hence introduce security vulnerabilities. This hinders widespread adoption. To overcome these challenges, we propose Slinky Web3AI, a framework that integrates blockchain technology with AI to address these challenges. Slinky Web3AI supports long-term ecosystem development through a decentralized token creation mechanism and privacy-preserving incentive structures. Our proposed architecture demonstrates improved security, scalability, and efficiency, validated by experimental results. Slinky Web3AI provides a foundational framework for future AI and blockchain applications for future smart communities.

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