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What is Agoras Token?

Agoras Token (AGRS) is the dynamic digital currency at the core of Tau Net, a revolutionary blockchain platform that merges artificial intelligence (AI) and collective intelligence. It facilitates collaboration, innovation, and the exchange of ideas, enabling users to access and pay for products and services such as knowledge, computer resources, and financial instruments within the Tau ecosystem. Agoras is a utility token that plays a pivotal role in shaping decentralized AI and collective intelligence, with its tokenomics and utility evolving based on user input and collective agreements.

How is Agoras Token used?

The Agoras Token (AGRS) is a utility token that powers the Tau ecosystem, a decentralized blockchain network focused on artificial intelligence and collective intelligence. AGRS is used to facilitate various activities within the Tau network, including:

  1. Accessing Products and Services: AGRS can be used to pay for products and services offered by Tau, such as knowledge, computational resources, and financial instruments.

  2. Knowledge Sharing and Monetization: Users can buy and sell knowledge on the Tau network, with AGRS serving as the medium of exchange. This allows individuals to monetize their knowledge and expertise.

  3. Decentralized Infrastructure: AGRS enables users to purchase and sell decentralized storage and computational power, similar to other decentralized infrastructure plays.

  1. Smart Contracts and DAOs: AGRS is used in the creation and execution of smart contracts and Decentralized Autonomous Organizations (DAOs) on the Tau network, which are designed to be more accessible and transparent than traditional code-based systems.

  2. User-Controlled Tokenomics: The Agoras token allows the community to collectively shape the economic model of the token, enabling adaptability and innovation within the ecosystem.

Overall, AGRS plays a central role in facilitating collaboration, innovation, and the exchange of ideas within the Tau network, which aims to create a decentralized artificial general intelligence (AGI) system.

How do I store Agoras Token?

To store Agoras Token (AGRS) tokens, you can use wallets that support Omni Layer protocols. Some options include:

  • Hardware Wallets: These are the most secure option for storing your AGRS tokens.
  • Official Coin Wallet: This is a reliable choice for storing and managing your AGRS tokens.
  • Third-Party Software Wallets: These wallets provide additional flexibility and convenience for managing your AGRS tokens.

For example, you can use the Agoras: Currency of Tau wallet from MyEtherWallet (MEW) and Enkrypt, which offers a user-friendly interface for managing and interacting with the Agoras network.

How to buy Agoras Token?

To buy Agoras Token (AGRS) tokens, you can follow these steps:

  1. Choose an Exchange: Select a reliable decentralized exchange (DEX) or centralized exchange (CEX) that supports AGRS trading. Some popular options include Gate.io, Uniswap V3, Uniswap-V2, and ProBit Global.

  2. Create a Wallet: Download and install a Web3 crypto wallet (e.g., Metamask) or an App wallet (e.g., Trust Wallet) supported by the chosen exchange.

  3. Fund Your Wallet: Transfer the necessary cryptocurrency (e.g., ETH, BNB) to your wallet. This can be done by purchasing the cryptocurrency with fiat and then transferring it to your wallet.

  1. Connect to the Exchange: Connect your wallet to the chosen DEX or CEX. This typically involves clicking "Connect Wallet" on the exchange's website and following the instructions.

  2. Find the AGRS Trading Pair: On the exchange, find the trading pair for AGRS (e.g., AGRS/ETH, AGRS/USDT). If it's not listed, you can input the contract address to add it.

  3. Set Up the Trade: Enter the amount you want to trade and confirm the details. You will be prompted to confirm the action through your wallet.

  1. Monitor Your Transaction: Once the trade is complete, you can view the transaction details on a block explorer.

For more detailed instructions, you can refer to specific guides for each exchange, such as Gate.io.

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