ChainGPT, an AI-powered Web3 infrastructure, is gearing up to launch the IDO (Initial DEX Offering) of its latest project, OMNIA Protocol.
OMNIA Protocol is a specialized RPC (remote procedure call) provider designed to address various challenges in DeFi, such as decentralization, security, compliance, and user experience. Scheduled for May 9, OMNIA Protocol’s IDO will take advantage of the ChainGPT Pad and its incubation program to introduce the $OMNIA token. This token aims to support the broader blockchain ecosystem by providing a seamless interface that combines decentralization, real-time pending transaction streams, liquidity aggregation, and more.
The ChainGPT Pad stands out as a premier decentralized fundraising and incubation platform for a diverse range of Web3 projects. Recognized as the most popular launchpad of 2023, it supports emerging startups selected by ChainGPT based on their disruptive potential. Through extensive mentorship, product development assistance, and access to a vast network of partners and investors, the ChainGPT Pad empowers these startups to thrive in the Web3 space.
OMNIA Protocol introduces cutting-edge solutions by leveraging Proposer-Builder Separation (PBS) to facilitate private order flow of transactions. This ensures protection against front-running attacks and opens doors for innovative business use cases. Additionally, OMNIA plans to decentralize the node measurement process on EigenLayer, enhancing transparency and governance.
The protocol offers several key products aimed at fostering a robust, secure, and decentralized blockchain environment, including robust RPC infrastructure, decentralized node incentivization, MEV infrastructure monetization, staking nodes, and KYT suite integration for AML/KYC compliance.
In the OMNIA ecosystem, untrusted entities and aggregators stake $OMNIA to earn trust and provide higher levels of traffic. Token holders enjoy fee reductions based on the amount of $OMNIA held.
ChainGPT CEO and Founder, Ilan Rakhmanov, expresses enthusiasm for supporting OMNIA’s mission to democratize access to blockchain networks. OMNIA Protocol CEO, Cristian Lupascu, acknowledges the pivotal role of ChainGPT in accelerating the development of their innovative protocol.
The collaboration between ChainGPT and OMNIA signifies a significant step forward in advancing accessibility, security, and democratization in the blockchain space.