The FAIR Project is a revolutionary ecosystem that redefines the implementation and application of artificial intelligence (AI) in the healthcare sector. It employs a distributed computing network consisting of AI-powered nodes (nodes) that function on user devices.
The system’s ingenuity lies in leveraging the untapped potential of everyday devices and converting them into robust processing units that collectively form a globally distributed supercomputer dedicated to the advancement of healthcare.
The FAIR ecosystem is anchored by real-world healthcare verticals, including hospitals, clinics, pharmaceutical companies, and biotech research centers. By harnessing the power of distributed computing, these healthcare institutions can access AI programs cost-effectively, enabling advancements in areas such as drug discovery, mental health, medical coding and billing, telemedicine, medical devices, and predictive diagnosis.
As a result, these institutions are better equipped to deliver improved healthcare services. Our tokenized ecosystem creates a virtuous cycle where all participants stand to gain, fostering both technological innovation and societal progress. Our tokens are not mere digitalassets; they symbolize a tangible partnership between healthcare and technology where everyone stands to win.
As FAIR’s AI-based solutions and distributed computing systems roll out, our ecosystem is steadily strengthening. We have 12 new healthcare verticals in the pipeline, each aimed at enhancing AI accessibility and efficiency in the healthcare sector, and we continually review new opportunities to further our reach and impact.
Rx-Token (RXT) is part of the FAIR Project and is supported by and linked to AI-driven drug discovery in the pre-market pharmaceutical industry. Acquiring an RXT software-mining license enables anyone to become a node operator and voluntarily allows a portion of their device’s processing power to facilitate AI computations within the FAIR ecosystem. In return for this contribution, node operators receive RXTs while pharmaceutical companies benefit from the efficient implementation of AI technology.
Accelerated Drug Discovery:
Customizable AI algorithms can significantly speed up the process of drug discovery by identifying potential drug targets and predicting the effectiveness of certain compounds quickly.
Risk Mitigation:
AI algorithms can predict potential challenges or failures in the drug-discovery process early on, thereby reducing risk and preventing costly failures.
Personalized Medicine:
AI can facilitate the move toward personalized medicine by identifying individual responses to drugs and helping to design treatments accordingly.
Enhanced Clinical Trials:
AI can improve the design and execution of clinical trials by identifying the most suitable participants and monitoring results in real-time for better outcomes.
Reduced R&D Costs:
AI solutions can help reduce costs associated with lengthy and expensive research-and-development processes.
Improved Decision-Making:
AI can help analyze and interpret large amounts of complex data, leading to more accurate and informed decision-making in drug development.
Repurposing Existing Drugs:
AI can identify new uses for existing drugs, creating opportunities for pharmaceutical companies to maximize their product portfolios.
Scalable Innovation:
Access to AI algorithms allows companies of all sizes, including start-ups and smaller firms, to participate in innovative drug research and discovery efforts. This democratizes the innovation process and could leadto more diverse solutions.
Purchase:
Acquire your RXT software-mining license and be part of the FAIR Project at app.thefairproject.ai. Advocate for a cutting-edge AI-driven healthcare ecosystem from your home by enabling your devices for AI processing, thus promoting global healthcare advancement. Secure your RXT software-mining license with a one-time purchase. Be among the exclusive 50,000 retail RXT software-mining license holders available at present.
Activate:
Activate your RXT software license that operates on minimal electricity whenever you're connected to the internet. These software-mining licenses blend with all macOS, Windows, Android, or Linux devices, running wherever a suitable internet connection exists. This covers laptops, smart devices, or even the FAIR Projectcloud server.
Collect:
Reap your benefits. Once your RXT software-mining license is up and running and has been connected to the internet, and your idle processor is ready for computations, you’ll earn RXTs as a thank you for bolstering the FAIR ecosystem. Today’s generated rewards land in your Med-Kit bank wallet within 24 hours.
You can transfer these rewards to your private RXT wallet using the dashboard.
Utilizing its deep healthcare expertise and AI insights, FAIR has formed a strategic alliance with a pre-market pharmaceutical fund. This partnership enables accredited investors to invest in pre-market pharmaceutical candidates that pass stringent AI-identified criteria and expert evaluation. The lucrative returns and royalties from these successful investments provide a steady revenue stream for FAIR, while simultaneously ensuring a consistent demand for RXT in all market climates.
FAIR’s privileged access to early-stage pharmaceutical ventures opens a wealth of industry opportunities for earning royalties. The financial gains from successful pharmaceutical projects are used to procure RXT tokens from the open market, which are then sequestered for two years. This strategy maintains a constant demand for the token, limits its open-market availability, and thus enhances its value.
Lastly, FAIR has forged a tactical relationship with a key pharmaceutical intermediary, renowned for bringing well-known pharmaceuticals such as Mucinex, Nicorrete, Cardizem, and Phoslo, among others, to the market. This intermediary has historically generated over $5 billion in revenue from successful ventures over the past decade. This strategic collaboration promises to equip FAIR with a competitive edge, further facilitating significant royalty returns that will bolster the ecosystem.
FAIR is developing a game-changing, patent-pending AI predictive toolset that is set to revolutionize the pharmaceutical industry. This AI-propelled drug-discovery API, devised to assess pre-market pharmaceuticals based on their likelihood of FDA approval and efficacy, will significantly refine investment decisions and drug-development processes. Designed to run exclusively on RXT nodes, this development promises an ongoing source of licensing revenue for the ecosystem.
Entities within the healthcare, biotech, and investment sectors can license this advanced predictive API module, integrating it into their operational structures, in return for RXT tokens via a SaaS payment model. As the adoption of this transformative and economically efficient tool expands, it will inevitably stimulate demand for RXTs, paving the way for an additional revenue stream.
Harnessing AI, FAIR’s pioneering pharmaceutical access and strategic partnerships not only fuel sustainable RXT demand and value growth but also empower healthcare companies with transformative tools. This integrated approach presents a promising future for node holders, speeds up pharmaceutical advancements, and ultimately contributes to improved patient outcomes worldwide.
The FAIR Project RXT has been designed as a deflationary token to create a true supply-and-demand dynamic. RXT is supported by five areas:
Pharmaceutical Royalties
AI-Driven API Licensing
RXT Software-Licensing Purchases
An Annual Halving
Transaction Fees
To be rewarded for a full 24-hour mining cycle, a license holder must have an active RXT software-mining license connected to the internet that is online and regularly reporting activity to the mining server.
Tokens are mined from the RXT Mining Pool on a half-life schedule. Each annual cycle, half of the tokens in the RXT Mining Pool are allocated to software-mining license (node) holders based on a synthetic mining algorithm that functions like other proof of work algorithms. Fifty percent (50%) of the tokens will be mined by the FAIR Board of Directors (BOD).
All FAIR BOD tokens are locked for two years. On the completion of two years, the FAIR BOD has the discretion of releasing tokens back into circulationto node holders as distributions.
The RXT BOD is responsible for managing the ecosystem and working to build value for all token holders. This is done by supplying liquidity to new markets, increasing the value of projects, and providing liquidity for exchanges.
The RXT structure entails a 10% transaction fee for all RXT transactions. 50% of this amount is directed to a vault wallet, set to be disbursed semi-annually to node holders. The other half allocated to the FAIR BOD, which may redistribute as they see fit. The project commences with an initial offering of 50,000 RXT software-mining licenses in 2023. As additional pharmaceutical opportunities emerge, the FAIR Board retains the discretion to issue more software licenses , conditional on the anticipated positive influence on license and token value over the succeeding five-year span.
RXT Micro License
RXT has micro licenses available. Micro licenses are an affordable way to get involved with RXT. They provide 1% of the rewards generated by a standard mining license. A micro license operates perpetually, but does not require the license holder to host the license, is not transferable, and will not convert to an NFT at a later date.
RXT is a Binance Smart Chain BEP-20 token. It has a finite supply of 500 million tokens. The RXT token is a fixed supply token, meaning the maximum supply is set by the smart contract at inception. All tokens are and deposited into the FAIR Growth Initiative (FGI) Mining Pool. The smart contract does not contain burn or mint functions.
The number of tokens in circulation is based on the synthetic, license-based mining rules and schedule. The distribution schedule for the RXT is above and continues indefinitely.
Project Funding Wallet
0x8c45b7a85ca2a40ffb7BFc7D936b9f558DD7730f
Fund Expenses and Provide Liquidity Pool for Project
Dividends Wallet
0x8732959e2BA7d95cEa95e24861F6491739b30fE4
Recirculated to RXT Wallet Owners
Vault Wallet
0x5eD1AEE31CC2C9dbAceDdc355BF036e2cc42405
Holds Tokens Designated to Support Project Initiatives
Med-Kit Wallet
0x5eD1AEE31CC2C9dbAceDdc355BF036e2cc42405
Holds your rewards until you withdraw the rewards to your RXT wallet
Purchase Licenses
Become part of the RXT ecosystem with a purchase of RXT software-mining licenses and take advantage of the pre-market pharmaceutical industry. Purchase your RXT software-mining license and start earning RXT reward tokens supported by the pharmaceutical industry. When your RXT software-mining license is active and connected to the internet, you will be rewarded with RXT for supporting the RXT network. Withdraw your RXT and swap them for other well-known tokens such as USDT, USDC, and BNB. Purchase Nodes at: app.thefairproject.ai
Host Your License
All licenses will be hosted by the FAIR ecosystem for 365 days, free of charge. Each license will then require the owner to host. A license can be assigned to, and hosted on, our proprietary hardware system, your home computer, a smart device, or other hosting services to earn daily mining rewards. The software-mining license is compatible with all macOS, Windows, and Linux operating systems, requires very little electricity, and works with standard internet service. For more details, see: thefairproject.ai/tos
Rewards
While the RXT software-mining license is active and connected to the internet, it contributes to the FAIR ecosystem. For their support, each license is rewarded with RXTs distributed every 24 hours. The rewards generated today will appear in the Med-Kit wallet within the next day and can be moved to your private RXT wallet. Each mining cycle is a full day, starting at 0:00 (UTC). The daily distributions are based on a weighted points system where the day’s total points are used to calculate the rewards.
Transaction Fees
Any transfer of RXT incurs a 10% fee. Half of these collected tokens are directed to the vault wallet for semi-annual distribution to license holders. The other half is allocated to the FAIR BOD, which holds the discretion to redistribute these tokens as they see fit.
500 Million Tokens
Five hundred million (500,000,000) RXTs will be mined and placed into circulation. All RXTs must be mined and will only be available on third-party exchanges. This is not an Initial Coin Offering (ICO) project structure. The RXT project constitutes a fair launch protocol because 100% of RXTs must be mined.
Partner with operating pharmaceutical companies
File patent for IP protection for predictive analysis algorithm
Evaluate five pre-market pharmaceuticals with exits in the next five years
Institute automatic swap function in partner platforms
Listed on Pancake Swap, September 1, 2023
$1MM in liquidity
One million RXT coin users
Smart Contract Address:
0xC4F5b75E6b6855b6e9759410F2Ffcb40cB53d8Aa
BSCScan Details
https: bit.ly/3pMuT0W
It is important to know that the RXT software-mining license is not an investment. Digital rewards produced by each license are not considered legal tender and are not backed by any government, thus the rewards have very few regulatory protections and are not insured against theft or loss by agencies such as the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. The industry is new and comes with risks, including, but not limited to, exchange rates and the willingness of others to exchange fiat currency for digital rewards, and consequently, could decrease in value or hold no value at all. Additionally, regulatory changes at the state, federal, or international level could negatively impact the production and exchange of digital rewards. Do your own research. Information has been provided to introduce you to the RXT software-mining license and is not meant to offer financial advice in any way.
Currently, RXT software-mining licenses cannot be owned or operated in the following countries: Afghanistan, Balkans, Belarus, Burma, Cote D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe. Countries not listed MAY participate in building the RXT network.
For more information, please see the Terms of Use at thefairproject.ai/tos
The Future of Artificial Intelligence Realized for Healthcare (The FAIR Project) network is a platform that redefines the implementation and application of artificial intelligence (AI) in the healthcare sector. It employs a distributed computing network, consisting of AI-powered nodes (AI-Nodes) that function on user devices. The system's ingenuity lies in leveraging the untapped potential of everyday devices, converting them into robust processing units that collectively form a globally distributed supercomputer, dedicated to the advancement of healthcare.
The FAIR Project serves as a robust and flexible 'hardware' base, akin to a global supercomputer powered by decentralized user devices, and an 'operating system' that manages the execution of sophisticated AI algorithms efficiently and securely.
One of the key features of FAIR is the utilization of "AI Nodes" which operate on the personal devices of AI healthcare advocates. These users voluntarily allow a portion of their device's processing power to be used for the network's computations, effectively contributing to the FAIR's distributed computing capabilities. In exchange for their valuable contribution, these users are rewarded with points, creating a mutually beneficial ecosystem.
By operating on this decentralized model, FAIR can overcome key challenges in the integration of AI in healthcare, namely, the lack of technical infrastructure, data privacy and security issues, and high costs. The FAIR ecosystem equitably gives access to cutting-edge AI capabilities to everyone, negating the need for healthcare organizations to maintain their own extensive technical infrastructure. This is especially beneficial for most health organizations that operate in resource-limited settings.
In addition, the FAIR Project integrates state-of-the-art data privacy and security mechanisms, using techniques such as federated learning, differential privacy, secure multi-party computation (SMPC), homomorphic encryption, and blockchain technology. These measures ensure the confidentiality and integrity of sensitive patient data, upholding patient trust and compliance with global data protection regulations.
Lastly and most importantly, the FAIR Project presents the most cost-effective solution to implementing the benefits of AI in healthcare unilaterally. By tapping into the unused resources of user devices worldwide, the system significantly reduces the high upfront costs traditionally associated with the implementation and maintenance of AI solutions in healthcare. Additionally, it incentivizes user participation by rewarding points for resource contribution, ensuring the network's sustainability and economic efficiency.
In essence, The FAIR Project is envisioned to be the principal hardware and operating system on which wide-ranging AI healthcare applications can evolve. It facilitates major advancements in disease diagnosis, predictive analytics, and fast drug discovery. Plus, it's designed to allow other organizations to build their bespoke healthcare solutions, thus cultivating a diverse and innovative AI healthcare ecosystem. This seminal invention signals a landmark moment in the fusion of AI and healthcare, heralding extraordinary possibilities for the future of healthcare delivery and research.
(How many or what is the total number of RXT tokens? There will only ever be 500,000 RXTminted.)
(How many projects will FAIR launch? We have about 10 verticals right now in the pipeline.)
(What is the telegram channel for FAIR? Link here )
(How often does the half life get reduced? Every June 1st, the mining rewards get cut in half.)
(When did mining start? RXT started mining on June 1, 2023)
(How many tokens are mined each day per node? Currently about 145. There is a finitenumber of tokens mined daily and that is split among all node holders. Therefore, that numbergets reduced every time a node is sold.)
(Who is Dr. Buck Parker? Rumor has it; he's the man! Really though, he’s the CEO of FAIRand a board certified trauma surgeon.)
(How many nodes or licenses will be sold? 50,000 nodes will be sold)
(What blockchain is FAIR on? Currently we are on the Binance Smart Chain.)
(Why won't my node/license purchase go through? I have enough in my wallet to pay for it.You need to have some BNB token in your wallet to pay the gas fees to Binance as FAIR runson the Binance Smart Chain.)
(When are the zoom meetings to find out more about FAIR? Click the "Events" link on the mainpage and there is a zoom link on the Intro to FAIR section.)
(How do I reset my 2FA (Two Factor Authentication? Click the "Contact Us" link on the mainpage and follow the instructions in the form to include uploading a selfie with you holding yourID by your face and clearly legible.)
(When will my RXT license get dropped into my DEBT wallet? It won't. They are twocompletely separate projects run by different teams with different focuses. FAIR is all medicalrelated and DEBT is commodity based.)
(Where and when can I buy RXT tokens? You can purchase or exchange for them once RXT islisted on pancake swap. We don't have that date yet.)