Taurus Documentation
  • What is Taurus AI?
    • Trend AI Digests
    • Technical Analysis
    • Trading Terminal
    • Perpetuals Trading
  • The Taurus Trend AI Ecosystem
    • Where it All Comes Together – the Taurus Infrastructure
    • The Taurus Trend AI Agent Marketplace
    • TXRS Utility
    • TXRS Payments by Subscribers
  • Discount for Token Holders
  • TXRS token buy-back program
  • Referral System
  • Communication Channels
  • Media Kit
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  1. The Taurus Trend AI Ecosystem

TXRS Payments by Subscribers

Subscribers use TXRS to pay for receiving the Trend AI Bot Digests they have subscribed to. As mentioned above the price for each Digest is determined by the Data Provider, hence creating a healthy competition among them.

Because as of yet there exists no accepted way of implementing recurring payments on-chain, the TXRS staked by Data Providers also serves as a security for Subscribers that they will receive their Digests in the future. Let's assume a Data Provider sets up a Trend AI Bot to which users subscribe and pay for a period of 6 months in advance. If the Data Provider decides to take down this specific Trend AI Bot after 3 months, Subscribers are being compensated for their overpayment from the TXRS staked by the Data Provider.

That way staking and payment in TXRS for setting up and subscribing to Trend AI Bots creates an ecosystem that is self-contained and sustainable.

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Last updated 1 year ago