Auki Network$AUKI

What is Auki Crypto

"The eyes and ears of spatial AI"

Without spatial awareness, AI is confined to the internet and blind to the world we inhabit. Spatial computing and machine perception bring the power of AI to the physical world.

The Auki Network is a decentralized spatial computing and machine perception network for the next 100 billion people, devices and AI.

🔥 DePIN Hub Podcast: Fireside Founder Chats!

Real world use cases

• Spatial AI: inviting AI out of the digital world and into the physical
• Robotic interoperability: allowing robots to navigate and operate autonomously
• Smart cities: enabling self-driving cars to collaborate on their poses, indoor navigation, digital information placed in their correct physical context, and more
• Virtual real estate: turning physical spaces into digital canvases and facilitating an extra layer of monetization (e.g., paid AR experiences or personalized ads)
• AR metaverse: allowing developers to build the world's first privacy-preserving and shared AR games and experiences with instant calibration between devices
• Global positioning: replacing the GPS with a centimeter-accuracy decentralized positioning protocol that works indoors and in 3D (i.e. tall buildings), and avoids the privacy concerns associated with the centralized visual positioning systems by Google, Meta, Apple, Snap, Niantic (creators of Pokémon Go), etc.

Traction & Milestones

• 700+ Auki Network domains around the world; anyone can create their own domain by grabbing a portal kit and setting it up within minutes. We have another app called McKenna for decorating domains with NFTs, images, videos, 3D assets, and text notes.

(major grocery retailer in Sweden) integrating spatial AI and staff productivity, saving them more than 15 minutes per employee per day and increasing their self sufficiency.

• 2+ month multi-store pilot with another major Swedish grocery retailer that has committed to doing a complete rollout in the coming 12 months, plus a number of others in Hong Kong.
• Top 10 global retailers are interested in Spatial AI to do empty shelf detection and planogram compliance; they've also expressed strong interest in ESL positioning and realograms (having a detailed understanding of where items are in their stores).
• Pre-pilot planning with more of Europe and North America's largest grocery retailers; a combined total of 40,000+ stores and hundreds of thousands of employees.
• Real-time indoor navigation and friend finding at a number of large events and venues.
• 40k DePIN app users on TG
• 300+ DePIN servers around the world (purposely capped to avoid over-provisioning)
• 450+ app developers using the Auki Network SDK for building shared and persistent AR experiences

How can I mine tokens?

The Auki Network is powered by the $AUKI token in a novel economic model known as "Burn-Credit-Mint." This loop is deflationary and self-sustaining, designed to balance the supply of $AUKI tokens while fostering the network's growth and utility.

Consumers (app developers, not their end users) burn $AUKI tokens and receive credits for use in the Auki Network. When tokens are burned, it triggers a deflationary mint which goes into a reward pool to be shared by DePIN providers.

Owners of domains (virtual real estate) also burn $AUKI tokens to mint their domain NFTs and earn $AUKI rewards from visiting participants.

The Auki Network economy begins with an initial mint of 10 billion $AUKI tokens, after which the supply will deflate as services are consumed. Deflation will decrease asymptotically until the network reaches a total supply of 5 billion $AUKI, representing half of the initial supply.

For more tokenomics info, please see our whitepaper.

Any geographical restrictions?

No. The Auki Network is designed to be globally accessible without geographical restrictions.

How can I optimize my mining rewards?

Rewards are paid out in the Auki Netowrks's native $AUKI token, commensurate to the amount of work performed in service of other participants, domains, or the protocol itself. To be eligible to earn rewards, or to gain access to some domains and domain clusters, the participant must be backed by an onchain staked reputation.

To perform work or supply spatial data, the participant must first register its capabilities with the discovery service and put up a sufficient staked reputation to act as a collateral or deposit to ensure good behavior even when interacting with unknown third parties.

The same applies for visiting participants that wish to purchase work or spatial data. Without registering sufficient reputation with the discovery service you'll be unable to join domain clusters and domains.

Services consume credits, an offchain non-transferable balance representing a pre-paid claim on Auki Network services and data. Credits are created through a dollar-denominated and deflationaryburn of $AUKI tokens, ensuring service price stability for demand participants while maintaining price discovery for supply participants.

How can I use the network?

As an app developer, you can build shared and persistent AR experiences on the Auki Network. Please see our developer documentation to get started.

As the owner of any type of physical space, you can create an Auki Network domain, i.e. a virtual real estate layer on which you can display a variety of digital assets in AR or set up AR navigation. Learn more about Auki Network domains and how to set them up in minutes.

Who governs this network?

Auki Labs currently governs the network.

Funding

Maelstrom Fund, Animoca Brands, Outlier Ventures, Faculty Capital, Kenetic, Exnetwork Capital, Baboon VC, Shima Capital, vVv, NGC Ventures, Tribe Capital, Primal Capital, Pulsar Trading, Vespertine Capital, ARKN Ventures