Aigang

Overview

Aigang was launched in 2017 as a blockchain protocol for digital insurance. The project aimed to create automated insurance services for IoT (Internet of Things) devices using smart contracts on the Ethereum blockchain. The AIX token was intended to be used for governance, staking, and facilitating insurance transactions within the ecosystem.

Current Status

Based on the most recent available information, the Aigang project appears to be inactive. The project's website is no longer accessible, social media channels have been dormant since 2019, and there is no evidence of recent development activity on their GitHub repository. The token exists but shows minimal trading volume across exchanges.

Intended Utility

The original stated purposes of AIX token were: 1) Governance rights for protocol decisions 2) Staking for insurance pool creation 3) Payment for insurance premiums 4) Rewards for risk assessment contributions

Real World Adoption

There is no evidence of the protocol being actively used for its intended insurance purposes. The project failed to achieve meaningful adoption before development ceased.

Development Activity

No significant development activity has been observed in recent years. The project appears abandoned by its original team.