KEY TAKEAWAYS
- Hybrid introduces Otto, an AI agent designed to enhance interactions with data and decentralized tools, launching through an IDO on Seedify.
- The $OTTO token is central to Hybrid’s ecosystem, facilitating the creation and monetization of AI agents for Web3.
- Otto aims to streamline crypto market interactions by consolidating tools into a single interface, with $OTTO playing a key role in AI-powered fundraising.
- The $OTTO token will be listed on December 9, 2024, with an initial market cap of $350,000 and a price of $0.0007.
Hybrid, a company known for its AI agent ecosystem, has announced the introduction of Otto, an AI agent designed to enhance interactions with data, automation, and decentralized tools. Otto will be launched through an Initial DEX Offering (IDO) on Seedify, a platform specializing in Web3 projects.
Otto is powered by the $OTTO token, which plays a central role in Hybrid’s ecosystem. The platform allows developers to create and monetize AI agents for Web3, with a testnet that has already connected over 22 million wallets and seen the creation of more than 40,000 agents in just two weeks.
Otto’s Role in the Hybrid Ecosystem
Otto is designed to streamline the process of interacting with crypto markets and Web3 data by consolidating various tools and platforms into a single interface. The $OTTO token will be integral to the ecosystem, with its utilities being rolled out in strategic phases.
Hybrid is developing an Initial Agent Offering (IAO) platform, where $OTTO will serve as the primary token pair for projects. This positions $OTTO as a key player in AI-powered fundraising within the Web3 space.
Token Details and Launch Information
The $OTTO token has a total supply of 1,000,000,000 and a fully diluted value of $700,000. The initial market capitalization, excluding liquidity, is set at $350,000. The token will be listed on December 9, 2024, at a price of $0.0007.
The IDO for $OTTO will occur from December 5 to December 6, 2024, with a price of $0.0007 and an allocation of $106,250. The vesting period includes a 100% unlock on the Token Generation Event (TGE). Further details on participating in IDOs on Seedify can be found here.
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