Schrodinger PriceSGR

What is Schrodinger (SGR)?

Schrodinger (SGR) is a cryptocurrency token associated with the Schrödinger's Cat Project, an initiative that seeks to merge artificial intelligence with non-fungible tokens on the blockchain. According to the project's official description, the Schrödinger's Cat Project transcends the limitations of static digital art by integrating AI into NFTs, granting them dynamic behaviours and emergent properties. The project envisions an NFT that evolves through community interaction, creating a unique and engaging experience where the fate of each NFT is perpetually in flux.

This is made possible by using an experimental ACS-404 standard on the aelf blockchain. The project proposes ACS-404 as a token issuance standard that natively achieves the behaviour of digital assets like ERC-20, ERC-721, ERC-1155, and ERC-404. The Schrödinger's Cat Project aims to push the boundaries of what NFTs can be. The token has a total supply of 21,000,000 SGR. The project launched in March 2024, with a public sale held in March 2024.

Key Specifications & Tokenomics

• Name: Schrodinger
• Ticker/Symbol: SGR
• Blockchain/Platform: The SGR token is issued on Ethereum (ERC-20, contract 0x478156DeAbfAc918369044D52A6BdB5Cc5597994). The project's experimental ACS-404 standard is described as running on the aelf blockchain.
• Contract Address (Ethereum): 0x478156deabfac918369044d52a6bdb5cc5597994
• Official Website: https://schrodingernft.ai/
• Whitepaper: https://schrodingernft.gitbook.io/schroedingers-cat/
• Twitter: https://twitter.com/ProjSchrodinger
• Explorers: etherscan.io
• CertiK Rating: 3.1 (out of 5, issued by CertiK)
• Tags/Categories: Memes; Cat-Themed; Animal Memes; Artificial Intelligence; Non-fungible Tokens; Inscriptions
• Total Supply: 21,000,000 SGR
• Max Supply: 21,000,000 SGR
• Token Standard: ERC-20 on Ethereum. Contract source code is viewable on Etherscan at https://etherscan.io/token/0x478156DeAbfAc918369044D52A6BdB5Cc5597994.

Who created Schrodinger?

The project publishes an official website (schrodingernft.ai), a technical documentation site (schrodingernft.gitbook.io), and community channels on X, Discord and Telegram; the founding team is not identified on these public channels. The project held a public sale in March 2024; sale terms are published by the project. The token distribution includes allocations for private round participants, public round participants, team members, airdrops, liquidity, and mining, with various vesting schedules applied to different categories.

How does Schrodinger work?

Schrodinger (SGR) operates at the intersection of AI, NFTs, and blockchain technology. The core mechanism involves an experimental ACS-404 standard deployed on the aelf blockchain. This standard is designed to natively achieve the behaviour of multiple token standards, including ERC-20, ERC-721, ERC-1155, and ERC-404. By combining these capabilities, the project enables fractional ownership of NFTs, unlocking liquidity and wider participation. Additionally, the integration of AI algorithms allows NFTs to evolve based on community interaction, creating an evolutionary gameplay experience. The project also introduces an undo functionality, allowing users to revert actions like minting or evolving an NFT. The project notes that existing token standards like ERC-20 and ERC-721 have limitations: ERC-20 lacks the unique identity of NFTs, while ERC-721's rigidity restricts fractional ownership and liquidity. Schrodinger proposes a novel idea inspired by, but surpassing, both the unofficial and experimental ERC-404 and Inscription standards.

What makes Schrodinger unique and valuable?

Schrodinger distinguishes itself through its experimental ACS-404 standard and its focus on AI-powered dynamic NFTs. Unlike static digital art, the project's NFTs are designed to evolve and change based on AI algorithms and community interaction, creating a perpetually fluctuating state that mirrors the famous Schrödinger's cat thought experiment. The project's fractional ownership model addresses liquidity limitations found in traditional NFTs, allowing broader participation. Furthermore, the undo functionality provides a level of flexibility uncommon in the NFT space. The project aims to establish a functional, purposeful, and usable 404 function for the entire blockchain community, with the ultimate goal of creating a platform for all creators to build their own AI-powered dynamic 404 NFT collections. The project describes this vision as "our Meow-nopoly moment," inviting the community to join in shaping the future of NFTs.

What is Schrodinger used for?

The SGR token serves as the native cryptocurrency for the Schrödinger's Cat Project ecosystem. It is used to participate in the project's NFT-related activities, including minting, evolving, and potentially reverting actions related to AI-powered dynamic NFTs. The token facilitates fractional ownership of NFTs, enabling holders to own portions of an NFT and access liquidity. Additionally, SGR is distributed through a mining allocation defined in the project's tokenomics; the specific emission schedule and hardware requirements are set out in the project's technical documentation (schrodingernft.gitbook.io). The token also plays a role in the project's community governance and interaction model, where the fate of each NFT is influenced by community engagement. The project's broader vision includes creating a platform where creators can build their own AI-powered dynamic 404 NFT collections, with SGR likely serving as the utility token for these future applications.

How Is the Schrodinger ecosystem developing?

The Schrodinger ecosystem is in its early stages, with the project having launched in March 2024. The project held a public sale in March 2024; sale terms are published by the project. The token distribution includes allocations for private round participants, public round participants, team members, airdrops, liquidity, and mining, with various vesting schedules. Token allocations for private round, public round, team, airdrops, liquidity and mining are subject to vesting; the team allocation has a one-year cliff followed by twelve months of vesting, while airdrops and liquidity are fully unlocked from the start. SGR trades as an SGR/USDT pair on Gate.io and can also be traded on OpenSea on the Ethereum network via wallet connection and token swap. The project's roadmap includes establishing a functional 404 function for the blockchain community and eventually creating a platform for creators to build AI-powered dynamic 404 NFT collections. As with any small-cap token, liquidity and price can change quickly; check a live market data page before trading.

How to mine Schrodinger?

SGR is an ERC-20 token on Ethereum, so it is not produced by proof-of-work mining; the 'mining' allocation in the tokenomics refers to token distribution defined by the project, with details published in its technical documentation (schrodingernft.gitbook.io). The mining process is part of the token distribution model, which also includes allocations for private round participants, public round participants, team members, airdrops, and liquidity. The project's mining mechanism appears to be integrated into its broader tokenomics model, which includes vesting schedules for different participant categories. The team allocation has a one-year cliff followed by twelve months of vesting, while airdrops and liquidity are fully unlocked from the start.

How to keep your Schrodinger Coin safe?

Securing Schrodinger (SGR) tokens requires adherence to standard cryptocurrency safety practices. Given the token's presence on the Ethereum platform, users should store SGR in a reputable wallet that supports ERC-20 tokens, such as hardware wallets, which reduce but do not eliminate the risk of key theft, or well-established software wallets for convenience. The contract address for Ethereum is 0x478156deabfac918369044d52a6bdb5cc5597994, and users should always verify this address before conducting any transactions to avoid interacting with counterfeit tokens. Security should be assessed through verifiable facts: the token contract is published on Etherscan (0x478156DeAbfAc918369044D52A6BdB5Cc5597994), and users should confirm whether the project has published third-party audit reports and a bug bounty program before interacting. As with any cryptocurrency investment, users should never share private keys or seed phrases, enable two-factor authentication where possible, and remain vigilant against phishing attempts and fraudulent schemes.

Investing in SGR involves risks, including price volatility, regulatory changes, and technical vulnerabilities. The information here is not exhaustive, and readers should conduct their own research.