ELSA HeyElsa Project Research
Binance January 20 Alpha
HeyElsa is an on-chain AI agent built on OpenAI's GPT-4 large model (AI responds itself). It understands user intentions through a conversational approach and executes operations automatically. Currently supports cross-chain trading, NFT purchases, staking, airdrop participation, and portfolio management functions. Tokens are issued on the BASE chain.
📑 Project Features:
🔸 Conversational intent-driven, automatic execution
🔸 Bridging real-world connections for fiat conversion
🔸 X402 payment protocol
💰 Token Economics:
🔸 Team: 7%, 1 year lock-up period, 2 years linear unlocking
🔸 Foundation: 34.49%, TGE unlocks 20%, remaining locked for 10 months, 2 years linear unlocking
🔸 Investors: 10.51%, 1 year lock-up period, 2 years linear unlocking
🔸 Community (Airdrop + Incentives): 40%, TGE unlocks 20%, remaining 4 years linear unlocking
🔸 Liquidity: 8%, TGE fully unlocked
Total token supply is 1 billion, initial circulation ~229 million.
💹 Project Economic Model:
🔸 Some data query and settlement functions require payment in ELSA
🔸 10% platform fee for buyback and destruction
🔸 Advanced features trigger destruction directly
💷 Participant Revenue Sources:
🔸 Complete official tasks and invite newcomers to earn points
🔸 Trading arena, the top 100 receive USDC rewards. Additionally, transaction volume gives point rewards
🔸 Stake ELSA to earn returns (official documentation)
💲 Financing Situation:
🔸 2025-06-05 financing of $3 million
⚠️ Points to Note:
🔸 The founder seems to be from an Indian project.
🔸 The foundation's initial unlock accounts for 30% of the circulation.