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Griffain Describes Itself As

A decentralized platform that coordinates a network of autonomous on-chain AI agents on Solana. Users are able to deploy AI agents utilizing the project’s framework.

Project Function

Users can create two types of AI agents:

  • Personal Agents: an AI agent framework aimed to conduct generalized actions on-chain or provide information based on a set of actions; users are able to modify the instructions inherent in each personal AI agent prior to deploying it on-chain.
  • Special Agents: an AI agent framework tailored for more specific tasks pre-configured by the user prior to deployment.
  • Token Utility 

    GRIFFAIN is the project’s utility token and the project team has specified GRIFFAIN is required to pay for fees to deploy an AI agent. The project team plans to add utility such as paying for fees on the platform and rewards AI agents in GRIFFAIN tokens.

    About The Founders

    Tony Plasencia is the Co-Founder of Griffain. He is the Co-Founder of Underdog Protocol, a Software Development company specializing in digital asset engineering on Solana. He previously worked as a Business Development and Growth Specialist for multiple tech companies such as Uber, Ritual: Online Ordering System & Food Ordering App , and Setter. (Linkedin)

    Risks of GRIFFAIN

    Like an investment in other crypto assets, there are some general risks to investing in GRIFFAIN. These include:  (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.

    In addition to these general risks, an investment in GRIFFAIN is subject to the following specific risks:

  • GRIFFAIN operates using smart contracts, which have an association with vulnerabilities and security breaches. Despite undergoing successful audits by well-regarded third-party entities, it is essential to acknowledge the existence of inherent risks. 
  • We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with GRIFFAIN. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances.

    The GRIFFAIN community and Griffain founding team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of GRIFFAIN have no recourse to the GRIFFAIN community, Griffain founding team, or Uphold if GRIFFAIN declines in value for any reason.

    Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.

    Uphold’s Evaluation Process

    Prior to listing GRIFFAIN on the Uphold Platform, Uphold performed due diligence on GRIFFAIN and determined that GRIFFAIN is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following: 

  • The creation, governance, usage, and design of GRIFFAIN, including ensuring the source code is open-source, audited and peer reviewed, security, and roadmap for growth in the developer community. 
  • The supply, demand, maturity, utility, and liquidity of GRIFFAIN.
  • Any marketing materials put forward by the GRIFFAIN social team including on, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
  • Material technical risks associated with GRIFFAIN, including any code defects, security breaches and other threats concerning GRIFFAIN and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
  • Legal and regulatory risks associated with GRIFFAIN, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of GRIFFAIN.
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