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Abstract

Forest is an AI-focused innovation engine leveraging positive learnings from Bitcoin mining and preventing tokenomics pitfalls that allow oligarchies of large token holders to control networks to their benefit like in Bittensor.

In Forest, all services are available for purchase by real-world clients on day one. This allows us to move away from corruption-prone stake-weighted voting and instead distribute tokens based on verified blockchain data on who attracts the most new customers to the network.

Furthermore we ensure fair competition by utilizing cheat-proof decentralized AI benchmarking in the reward function and collateral slashing for attempted cheating.

To ensure long-term economic viability the network treasury earns a commission on revenue generated by participants.

Outline

  1. Whitepaper vAlpha - A high level overview of the protocol.
  2. Protocols - The specification of each AI competition aka protocol as a markdown specs
  3. Contracts - Solidity smart contracts defining token distribution mechanism.
  4. FIP Discussions - A forum where Forest Improvement Proposals (FIP) are discussed.