GM Network Whitepaper

GM Network: The First Consumer AIoT Network

Abstract

AIoT consists of AI + IoT. Over decades of internet development, IoT has permeated every aspect and constitutes today’s human life. DePIN represents the decentralized part built on IoT. For more precise expression, we believe AI + IoT better articulates the vision and objectives of GM Network, as it will subsequently be unifiedly represented as AIoT, which stands for AI + IoT/DePIN.

[1]The Trend: AI inevitably enters human life, and human interaction with AI is inseparable from IoT

AI and IoT are inseparable

Until Now, Most IoT Devices Remain Simple and Not Truly AI-Driven

Some interesting attempts and innovations

[2]The Problem: AI lacks data from IoT and the scenarios provided by IoT

The Data Problem

The Scenarios Problem

1. Limited Consumer-Facing Scenarios: While there are numerous AI projects, very few are directly aimed at enhancing consumer experiences. The potential of AI in daily life remains largely untapped, as the available applications are mostly confined to specific, non-consumer sectors or abstract, generalized functionalities.
2. Monopoly of AI General Scenarios by Major Companies: Major companies like OpenAI, Apple, and Meta dominate the development of AI for general scenarios such as text generation, chatbots, and digital tools. This concentration of development efforts stifles innovation and limits the diversity of applications available to consumers.

The Need for Integration

Conclusion

[3]The Opportunity: Leveraging the power of Web3 to connect more IoT devices and provide data and scenarios for AI

Advantages of Web3

1. Decentralization: Unlike Web2, which relies on centralized servers, Web3 operates on decentralized networks. This reduces the risk of single points of failure and makes the internet more resilient.
2. Enhanced Security: Web3 uses blockchain technology, which provides a high level of security through cryptographic algorithms. This makes it much harder for hackers to manipulate or breach data.
3. Data Ownership: In Web3, users have full control over their data. They can choose what data to share and with whom, often using cryptographic keys. This contrasts with Web2, where data is often stored and controlled by large companies.
4. Privacy: Web3 enhances privacy by allowing users to interact with applications without revealing their personal information. This is achieved through techniques like zero-knowledge proofs and decentralized identity solutions.
5. Transparency: Blockchain technology ensures transparency by providing a public ledger of all transactions. This means users can verify the authenticity and history of data and transactions.
6. Economic Incentives: Web3 introduces new economic models through tokens and cryptocurrencies. Users can earn tokens for participating in networks, contributing data, or performing other valuable actions. This incentivizes participation and creates new revenue streams.
7. Interoperability: Web3 promotes interoperability between different platforms and applications through open protocols and standards. This allows for seamless integration and communication across various decentralized applications (dApps).
8. Smart Contracts: Smart contracts are self-executing contracts with the terms directly written into code. They automate and enforce agreements without the need for intermediaries, reducing costs and increasing efficiency.
9. Innovation and Open Source: Web3 encourages innovation through open-source development. Many Web3 projects are developed collaboratively, with contributions from developers worldwide, fostering a culture of transparency and rapid iteration.
10. Resilience to Censorship: Decentralized networks are more resistant to censorship. No single entity can control or shut down the network, making it a more open and free platform for communication and information sharing.

[4]The Best Answer: GM Network

GM Network aims to be the largest communication and incentive network connecting AI and IoT

Considering that there are over 2 billion Web2 IoT devices globally and over 1 million Web3 IoT devices, building a dedicated Layer 2 around AI+IoT is extremely valuable. All IoT devices that sustainably contribute data will eventually be incentivized by GM Network and its ecosystem. Through GM’s mechanisms and gameplay, they will continuously provide real-world data for AI training, breaking down data barriers. Additionally, all incentivized IoT devices will provide real user scenarios and application opportunities for AI, allowing most consumers to experience the value of AI, enjoy better AI products, and accelerate the mass adoption of AIoT.

[5]The Overview: Modular Layers of GM Network

1. Asset Layer: This layer primarily addresses the needs for AIoT asset issuance, circulation, and trading. By utilizing a specialized Layer 2, it better aligns with the characteristics required by AIoT.
2. Data Layer: This layer focuses on account and data generation, storage, verification, and trading. It ensures that IoT data can be truly adopted by AI.
3. User Layer: This layer addresses user growth and traffic issues, helping developers achieve easier cold starts.

5.1 GM Network (Asset Layer)

1. AVS: GM Network is a Layer2 based on AVS proposed by EigenLayer and developed using AltLayer’s Restaked Rollup, utilizing the OP Stack and EigenDA to form Ethereum’s Layer2. Leveraging the power of AVS, GM Network can achieve a fully decentralized network while flexibly obtaining security and paying costs based on security needs. We firmly believe in the potential of AVS, which will not only appear in financial aspects but also in more consumer-facing application scenarios. So actually, GM Network is the first AVS consumer AIoT network.

   
2. Gasless: GM Network will implement Gasless services for certain scenarios through account abstraction (GM ID). We aim to significantly lower the barriers for new users to enhance the mas adoption of AIoT. Whether users are in Asia, Africa, or Latin America, they can easily create a Web3 wallet using their own Passkey (Face ID and Touch ID) without worrying about Gas fees. Ultimately, all projects within the GM Network ecosystem will achieve a Web2-like user-friendly experience through Gasless services, ensuring that users, regardless of where the devices are sold, do not have to worry about acquiring Gas tokens like ETH.
3. Security: The security of GM Network is protected by Ethereum and AVS. While security is crucial for GM Network, it is not the entirety; having calculable cost security is fundamental. Based on the needs of GM Network, security can be flexibly enhanced or appropriately reduced to trade for other performances. In the near future, GM Network’s native token GM can also be staked for GM Network itself as well as for the DApps and Layer 3 within its ecosystem to provide security. Similarly, ecosystem projects can stake to provide more security for the AIoT network.
4. Scalability: GM Network supports all AIoT projects to deploy DApps or Layer 3 on GM. GM Network can flexibly help them achieve greater scalability according to the needs of ecosystem projects, with highly customizable and deeply supportive solutions in the following areas:
   • Infrastructure scalability.
   • Device and data scalability.
   • Asset and liquidity scalability.
   • User and community scalability.

5.2 GM ID (Data Layer)

1. GM ID is an Aggregated Wallet SDK Combining Passkey, Account Abstraction and DID.

   
2. With the power of GM ID, all developers can offer seamless wallet and DID creation services in their products:
   • Social login: Create an AA wallet using Passkey (Touch ID/Face ID/Optic ID) on any device that supports Passkey, whether it's a smartphone, MR device, or any other.
   • Security and convenience: Log in or recover your AA wallet at any time with the same Passkey (Apple/Google account).
   • Gasless: Gas fees are covered by GM Network, transparent to the user.
   • DID: Your nickname is your DID, no need to display complex EVM address formats.
3. GM ID is compatible with web, iOS, and Android, easy to use, significantly lowering the barrier for developers, and fully integrated with GM Network to cover all Web3 modules.
4. GM ID is the optimal wallet and ID solution for AIoT launched by GM Network based on first principles. Developed in collaboration with leading industry partners, it is specifically tailored for the AIoT field. We believe that only with a robust solution for wallets and IDs at the data layer can users’ extensive data be attributed to their own wallets, granting them ownership and profit rights. This foundation is crucial for subsequently using data to serve AI training and automatically distributing profits.

5.3 GM OS (Data Layer)

1. GM OS is an on-chain and off-chain data protocol for accelerating the data communication between AI and IoT.

   
2. GM OS is an on-chain and off-chain data protocol designed to expedite the flow of information between AI and the IoT. This innovative protocol bridges the gap between the virtual and physical worlds, ensuring seamless data communication and integration. By leveraging both on-chain security and off-chain speed, GM OS enables real-time data processing and analytics, facilitating more efficient AI training and decision-making. This robust protocol empowers IoT devices to provide valuable data to AI systems, enhancing their learning capabilities and overall performance. Additionally, GM OS ensures that data ownership and privacy are maintained, giving users control over their information. Ultimately, GM OS is set to revolutionize the interaction between AI and IoT, driving the development of smarter, more responsive technologies and applications.

3. GM OS will have the following key features:

   
   • On-chain data, sourced from DApps like QuestN.
   • Off-chain data, sourced from various AIoT devices.
   • Data ownership module, ensuring users gain ownership and profit rights over data in the GM ecosystem.
   • Data storage module, providing decentralized storage of ZK-encrypted data through our partners.
   • Data exchange marketplace, where AI projects can obtain data packages at any time and automatically distribute profits to the data originators.

4. GM OS has accumulated 10 millions of on-chain data entries from QuestN and serves over 6,000 developers, covering multiple fields from DePIN, AI, Gaming, Social and DeFi. As more consumer AIoT products emerge, the data on GM OS will become increasingly accurate and valuable.

   

5.4 QuestN (User Layer)

1. QuestN is the Best Community Growth and Marketing Platform.

   

2. Two years after its launch, QuestN has accumulated over 10M+ unique addresses with a DAU count of over 200K+ and MAU reaching 1M+. Users are spread across more than 25 countries and regions. QuestN daily engages a massive user base with numerous quests and campaigns, helping over 6,000 projects with community growth and cold starts, and delivering over 3 million USD in token rewards to users.

   

3. QuestN will continuously generate more data from the on-chain data perspective, which, together with off-chain data, will assist in AI training. It will also help more AIoT projects in building on-chain user profiles, reputation management, and behavior analysis.

   
4. As a leading project within the GM Network ecosystem, QuestN will continue to support the community growth, presales for Devices and NFTs, product promotion of more consumer AIoT projects.

5.5 GM Launchpad (User Layer)

1. GM Launchpad is a Launchpad for AIoTs and NFTs.

   
2. GM Launchpad is a Web3 version of the Apple Store, designed to help all AIoT projects with the sale of devices and NFTs. It supports the development of the GM Network ecosystem through flexible sales models and traffic aggregation. GM Launchpad currently supports two sales models:
   • Collection: A combination of NFT and device. Users will first receive the NFT and then receive the device after it is shipped, allowing them to earn both NFT staking and device mining rewards.
   • NFT: A single NFT. Users will only receive the NFT and can earn NFT staking rewards.
3. GM Launchpad also supports various features and functionalities:
   • Referral Bonus: Users receive a referral bonus when they invite friends to make a purchase.
   • Add Liquidity: A percentage of the device sales amount is added to liquidity.
   • Multiple Payment Methods: Supports various tokens such as USDT, USDC, ETH, GM and more.
   • Exciting AIoT Discoveries: Discover more interesting and fun AIoT products.
4. We hope that GM Launchpad can become the first step for all AIoT entrepreneurs, helping them reduce the difficulty of sales and customer acquisition costs. Additionally, by using Crypto, we aim to make more devices fun and interactive, allowing users to easily discover interesting AIoT products.

5.6 GM AI (User Layer)

1. GM AI is the one app for all AIoTs and Agents.

   
2. GM AI is the super app of GM Network, designed to manage all of the user’s AIoTs and AI agents with a single app. Its main features include:
   • Binding Web2 IoT: Generate NFTs on GM Network and earn rewards from the data generated through continuous use.
   • Binding Web3 IoT: Whether purchased from GM Launchpad or other channels, you can bind and mine rewards from the data generated by continuously using the devices.
   • Managing NFTs and Devices: Manage various AIoTs, from wearables to smart home devices.
   • Gamified Experience: Create fun and easy-to-use experiences by combining NFTs and tokens with social and gamified elements.
   • Enhancing Your Agent: Improve your AI agent’s level, ability, and creativity through continuous use of GM AI.
   • More to Come: Stay tuned for more features.
3. GM AI is set to become the collector and gateway for all AIoT data. Through GM AI, a consumer-focused application, we aim to create a product that is fun, easy to use, and profitable. This product will continuously provide AI with real-world IoT data and distribute the resulting benefits to users, developers, and GM Network.

[6]GM, AIoT

1. AIoT=AI+IoT, IoT provides data and scenarios to AI and transforms into AIoT.

   
2. GM aims to be the largest communication and incentive network connecting AI and IoT, continuously providing AI with:
   • Data: Continuously providing real-world IoT data to AI, such as home, health, and driving data.
   • Scenarios: Continuously providing rich scenarios to AI, such as wearable, voice, vision, and image.

3. The more AIoT devices there are, the more NFTs will be minted, and the more users will join the GM Network ecosystem, continuously using devices and generating more real-world data. Therefore, the core metric for GM Network is no longer TVL (Total Value Locked) like DeFi products, but more appropriately TDVL (Total Device Value Locked) for the AIoT ecosystem. Considerations for TDVL include:

   

   • With more Layer2s and Layer3s, each chain having its own liquidity isn't the most capital-efficient or profitable. Instead, working with more abstract bridges or DEXs can still provide sufficient liquidity for the ecosystem.

   • Non-DeFi Layer2s aren't suitable for TVL metrics and may lead to misdirection. GM Network focuses on how many devices are connected and the value generated by these devices, making the evolution from TVL to TDVL a more rational choice.

4. Therefore, within the GM Network ecosystem, NFTs have many functions:

   
   • An Web2 or Web3 IoT device.
   • An AI Agent.
   • A data package, signifying a collection of data representing certain user ownerships.
   • An option, representing the output value of the corresponding AIoT over a certain period of time.
5. Clearly, more NFTs in GM Network means more devices, agents, data, and rights, so the growth of NFTs signifies an increase in the number of devices and network value.
6. GM Network's network value will show a non-linear growth relationship with the increase of NFTs. As the number of NFTs increases, covering more users and scenarios, the value of the network shows an increasingly steep curve.

7. This translation outlines GM Network's innovative approach to integrating blockchain technology with real-world applications through NFTs and IoT, emphasizing a strategic pivot from traditional liquidity metrics to a more holistic valuation of networked devices and data assets.

   

[7]GM Network Ecosystem: Incubated & Incentivised

7.1 Incubated

1. GM Studio is the official incubator of GM Network, providing a series of in-depth support and assistance to accelerate the development of AIoT products around GM Network. The supports include:
   • 3D and Structural design.
   • Supply Chain and Logistics.
   • Sales Channel.
   • Deep Integration.
   • PR.
   • More Incentives.
2. Any consumer AIoT project can apply to join GM Studio, regardless of whether it has its own tokens or is deployed on other networks. GM Network will evaluate applications based on product goals, user experience, use scenarios, integration with AI, business model, and community popularity. All projects that join GM Studio will also receive additional incentives in GM Tokens and are offered dual staking opportunities and other token-based deep integration plans.

7.2 Incentivised

1. All consumer AIoT projects deployed on GM Network can directly receive the following support:
   • Marketing Support.
   • Product Support.
   • Developer Support.
   • Join Launchpad.
   • Join GN Missions.
   • Dual Staking.
2. Early projects deployed on GM Network will also enjoy additional airdrops and incentive programs of GM Tokens. For more details, please follow the official social media accounts.

7.3 Bringing Exciting AI Innovations to Consumer IoTs

1. GM Network will continuously expand the number of AIoT devices through quarterly incubation and ecosystem attraction programs. As more consumer-perceivable and usable devices emerge, the network effect of GM Network will grow stronger, providing GM with greater leverage to attract more AI projects to connect with consumer IoT. This will ultimately transform into AIoT, creating a significant positive flywheel effect.

[8]AVS & Dual Staking

8.1 AVS(Actively Validated Services)

1.Why AVS?

• Before the advent of AVS, the capital and security costs of all Layer2 solutions were very high, as they needed to continually synchronize with Layer 1, which is inherently expensive, making even Rollup costs relatively high (although the Cancun upgrade partially improved this).

• After the emergence of EigenLayer and AltLayer, all developers can not only build DApps but also construct their own Layer2 or Layer3 at lower costs. With the security market provided by AVS, developers no longer have to worry about paying high security costs and can continue to focus on their products and user experience.

• Modular combinations like AVS completely liberate innovation. Developers can build their own ecosystem around token + DApp + Appchain, offering users a complete, seamless experience while capturing value through tokens. This is why GM Network chose to build its own Layer2 based on AVS. We are very confident in the dividends and value brought by the innovations of AltLayer and EigenLayer, and it will significantly unleash the potential for innovation, accelerating the mas adoption of Ethereum.

2.How AVS？

8.2 Dual Staking

1. The security of GM Network is provided by AVS, where in addition to ETH, security can also be supported through the staking of EIGEN and ALT. With the issuance of GM tokens, in the future, GM will also join AVS to provide security for GM Network staking and simultaneously ensure the security for DApps and L3s built on GM Network.
2. Stakers of GM, along with ALT stakers, will continuously receive more staking rewards from the ecosystem:
   • Airdrops.
   • Staking rewards.
   • More to come.

[9]Mechanism

9.1 Stage

1. GM Network has four stages: staking, mining, training, and transforming. These four stages together form the path for GM Network’s goal of becoming the largest communication and incentive layer for AI and IoT
   • Staking: Stake more Agent and Gear NFTs and devices, earn both Tokens and GN through Missions and Console, preparing for Stage 2.
   • Mining: Bind more Web2 and Web3 IoT devices through GM AI and mint more NFTs, pair with rich gameplay and continuously use devices to receive various token rewards and train your AI agent.
   • Training: Different types of IoT devices distributed globally generate massive amounts of data daily. This data can be used to train AI and allows developers and users to benefit from it.
   • Transforming: Massive IoT projects are deployed on GM Network, where AI transforms IoT into AIoT, creating more usage scenarios and generating more data, thus driving a positive growth flywheel for GM.
2. To achieve the four stages, GM Network will advance development according to seasons, with each season averaging one month. Each season will introduce new content and feature updates centered around stage goals and seasonal objectives. As the seasons progress, GM Network will gradually move into more advanced stages.

9.2 Concept

1. NFT: GM has two types of NFT assets, Agent and Gear.
   • Agent NFT represents the user’s AI Agent.
   • Gear NFT represents the AIoTs bound by the user.
2. Rarity: GM’s NFTs come in five levels of rarity, which determine the amount of earnings and data acquisition. All NFTs can increase their rarity through the forging system.
   • Common
   • Uncommon
   • Rare
   • Epic
   • Legendary
3. Level: GM has two types of levels: User Level and NFT Level. Levels can be increased through the upgrade system by consuming GN, and some levels may have specific requirements.
   • User Level increases the boost for all GN and GM and unlocks more slots.
   • NFT Level increases the boost for NFT rewards.
4. Slot: Slots are one of the equipment systems in GM, and only NFTs equipped in slots can receive 100% GN and GM rewards.
   • Initially, each user has 1 Agent slot and 6 Gear slots.
   • More slots will be unlocked as the user level increases.
5. Basic Console: Staking and equipping are core operations for NFTs. Users must stake and equip their NFTs to receive 100% GN and GM rewards.
   • Stake: All NFTs must be staked first to earn staking and mining rewards, and there is no absolute limit to staking.
   • Equip: Only staked NFTs can be equipped, and the maximum number that can be equipped equals the maximum number of slots. Equipped NFTs can earn 100% rewards.
   • Reduction: The rewards for staked but unequipped NFTs will be affected by a reduction factor, with different amounts having different reduction coefficients. For details, please refer to the GM Network official documentation.
6. Advanced Console: GM also features advanced gameplay such as upgrading, forging, and synthesizing. These features will be gradually rolled out based on the product stages and the number of devices within the network.
   • Level Up: In GM Network, both user levels and NFT levels can be increased through the upgrade system. The higher the level, the more benefits are unlocked.
   • Forge: Through the forging system, the rarity of NFTs can be increased. The higher the rarity, the higher the base rewards.
   • Synthesize: Through the synthesis system, more new NFTs or valuable raw materials and fragments can be combined to more effectively enhance rewards.

9.3 Mechanism

1. As more users bind more devices to join the GM Network, more incentives are generated and distributed to more users, thereby creating a positive flywheel effect.
   • Stage1: Incentivize users to learn about GM and bind more IoTs and NFTs through staking.
   • Stage2: Incentivize more IoT data to the GM Network through mining.
   • Stage3: Data generated by the GM ecosystem is provided to AI projects for training.
   • Stage4: Massive IoT deployments on GM, with an increasing number of AIs transforming IoT into AIoT through GM.
2. The ultimate goal is for #GM to become the native currency between AI and IoT, used for communication and incentives.

9.4 GN & GM

1. GN is a permanent utility point of GM Network, with various generation and consumption scenarios
2. GM is the sole token of GM Network and can be exchanged with GN
3. GM and GN are interchangeable, and there will always be abundant ways to earn and spend GM and GN within the GM Network.
4. The overall design goal is to make GN inflationary and GM deflationary. At the same time, an exchange channel between GM and GN will be opened, with different exchange methods and ratios for different seasons.

[10]Tokenomics

10.1 Token

1. Ticker: GM
2. Total Supply: 10,000,000,000
3. Network: Ethereum & GM Network

10.2 Utility

1. GM,Engagement
   • GM Token will be used by users to purchase various products and services within the GM ecosystem (such as GM Launchpad and GM AI).
2. GM,Incentivization
   • Projects within the GM ecosystem can receive GM token incentives by attracting more active users.
3. GM,Staking
   • GM tokens, like other tokens within the AVS, can be used for dual staking to provide security and scalability to the ecosystem.
   • GM stakers will continuously receive more airdrops and incentives from ecosystem projects.
4. GM,Governance
   • GM token holders can vote on governance decisions.

[11]Summary

1. GM aims to be the largest communication and incentive network connecting AI and IoT
2. The demand for consumer AIoT comes from data and scenarios. To accelerate the emergence of more interesting IoT devices, GM Network has established GM Studio, an official incubator. We aim to provide one-stop incubation and in-depth support for all projects joining GM Studio, becoming a benchmark application for GM Network.
3. We hope to see more consumer AIoT devices emerge, from health, voice, visual, graphics, and other perspectives, with innovative smart devices, MR, robots, electric vehicles, etc. All smart devices are fully incentivized by GM tokens and form a massive network effect, accelerating the integration and communication between the real and virtual worlds.
4. Thanks to the outstanding work of AltLayer and EigenLayer, making GM Network possible.
5. The entire GM Network mechanism is designed to ensure that users always find it fun and engaging. Users continuously generate data and value through their devices, and ultimately, through blockchain mechanisms, the benefits are returned to users, developers, and the GM Network.
6. In terms of hardware, GM Network is continuously exploring the integration of AI innovations into consumer IoT devices. This includes ongoing exploration in several areas such as AIoT+Health, AIoT+Voice, AIoT+Visual, and AIoT+Lifestyle. As the seasons progress, we believe that more and more perceptible, interactive, usable, and profitable AIoT devices will emerge, firmly establishing GM Network as the leader in the consumer AIoT field.
7. We believe that in the near future, #GM will become the native currency connecting AI and IoT. It will incentivize a massive number of existing IoT devices and Web3 DePIN devices, continuously generating large amounts of data to serve AI training. Ultimately, it will provide consumer scenarios for AI in various aspects such as health, voice, visual, and lifestyle.