Quote from: emdje on March 10, 2015, 02:28:09 PM

Would I be able to mine AI coin? Or just buy on exchange?
And are there already uses for it when it launches?

The company is the sole miner of AI Coin. The 7,200 aicoins created each day will be sold on an exchange or otherwise directly paid for expenses.

AI Coin, the company, will initially own the aicoins minted each day, and will transparently pay expenses with them, or with fiat obtained from daily sold aicoins. Our expenses are planned to optimally promote the value of aicoin, and to benefit our community. We will hold a substantial reserve in fiat to cover customer losses that are our fault. We will pursue both a Bit License for New York State operation, and Money Services Business licenses in the 50 US States, as well as similar licensing in other jurisdictions that are important to our customers.

We are seeking integration with at least one payment processor before launch, and that depends on obtaining an exchange before launch.