Turbo (TURBO) is a meme coin operating on the Ethereum blockchain, designed as an ERC-20 token. It was conceived using artificial intelligence, specifically GPT-4, and positions itself as a decentralized, community-driven project. The token is characterised by a unique tokenomics model that is tax-free, with its smart contract ownership renounced to ensure fairness and decentralization.
Turbo uses the infrastructure of the Ethereum blockchain, inheriting its Proof of Stake (PoS) consensus mechanism which ensures transaction security and network integrity. Its smart contract is implemented using Solidity, the programming language for Ethereum contracts, and is renounced to make the project fully decentralized. Turbo was also created with the involvement of advanced AI technology, GPT-4, which guided its development process. This decentralized platform relies on community engagement for governance and development decisions.
Turbo serves multiple use cases, including:
Turbo Coin (TURBO) is a cryptocurrency born from an experimental challenge by Australian digital artist Rhett Mankind in April 2023. With a budget of just $69, Mankind used ChatGPT-4 to conceptualize and launch a meme coin, leveraging AI to generate the name, logo, smart contract, and marketing strategy. The initial launch faced setbacks when a bot acquired most of the tokens, prompting a relaunch with community crowdfunding.
Built on the Ethereum blockchain as an ERC-20 token with a total supply of 69 billion, Turbo Coin is entirely community-driven, featuring tax-free transactions and a renounced contract to ensure fairness. The project expanded into AI-generated NFTs, such as TurboToads, and gained significant traction, securing listings on over 80 exchanges, including Binance and Kraken. Despite its origins as an AI-generated experiment, Turbo Coin has grown into a widely recognized and actively engaged meme coin ecosystem.