The $PAI Token

The $PAI token is crucial to Parallel AI’s vision of delivering a fully decentralized parallel processing solution for AI developers.

By accepting payments for Parallel AI’s services in the form of $PAI tokens, Parallel AI can seamlessly integrate payment flows into the aggregated decentralized GPU marketplaces in which its parallel code is executed. As most decentralized GPU services require on-chain payments, the $PAI token allows for the various transfers to be integrated in an automated way that simplifies the payment journey for end users.

Discounts are negotiated in advance with GPU marketplace partners that accept $PAI, allowing it to emerge as a universal currency for GPU procurement.

Furthermore, the $PAI token will allow Parallel AI to offer additional rewards to GPU providers who connect their devices to partnered GPU marketplaces that end up being used by Parallel AI clients.

$PAI tokens can also be bought and staked in order to receive benefits including:

Revenue Share: $PAI stakers receive a share of Parallel AI revenues, distributed on an ongoing basis and calibrated to ensure Parallel AI retains enough revenue to fund operations.

Free Services: $PAI holders above a certain threshold can gain free access to Parallel AI entry level service-tier.

Governance Rights: Later in the Parallel AI roadmap, the vision is to offer governance rights to $PAI stakers so that they can participate in key decisions on how the technology stack is developed, ensuring a distributed decision process that matches Parallel AI’s decentralized vision.