How to Buy Scotty The AI in 2024 – A Beginner’s Guide

Scotty the AI is a new token presale centered around AI-powered fraud detection, security and risk mitigation on the blockchain. The project’s native token is $SCOTTY, an ERC-20 token designed to function as a currency within the Guardian of the Crypto Universe ecosystem.

The $SCOTTY token is now available for purchase in a presale. Read more to learn how to buy the token and to see what this project is all about

Summary of Scotty the AI

How to buy Scotty the AI ($SCOTTY)

Let’s take a look at how you can get your hands on $SCOTTY tokens in five steps:

Step 1: Get a Crypto Wallet

To connect to the Scotty the AI presale page, you need a crypto wallet that is compatible with Ethereum.

We recommend MetaMask because it’s the most popular and widely used Ethereum wallet that lets you buy crypto directly or swap it within the wallet. You can add it as a browser extension on your computer or download it on your iOS or Android device.

Step 2: Buy ETH or USDT

Scotty the AI accepts ETH, BNB, MATIC or USDT. There is an option to purchase $SCOTTY with a card. However, this will get you ETH, which you will use to buy $SCOTTY.

If this sounds complicated, open an account with a crypto exchange and buy your USDT or ETH there. Withdraw your coins to the MetaMask wallet you just opened.

Note, purchasing $SCOTTY with BNB or MATIC will make you ineligible for earning the staking rewards. That’s why either ETH or USDT as a payment method is recommended for this presale.

Step 3: Connect Wallet to Scotty the AI Presale Site

Visit Scotty the AI presale site and connect your wallet. Select MetaMask from the wallet options and enter the number of ETH or USDT you want to spend. Make sure to have some ETH in your wallet to pay for the transaction fees also known as gas fees.

The presale site automatically converts your ETH to $SCOTTY at the current price, which makes it easier for you to see how many tokens you’re getting before making a purchase.

Step 4: Buy $SCOTTY Tokens

Purchase the $SCOTTY tokens once you’re ready. Now that you have $SCOTTY, consider staking them. This means you lock your tokens for a select period and you earn an annual percentage yield. In the earliest presale days, the staking APY can go over 40,000%. However, this will drop as more tokens are staked.

This can be an excellent way to increase your token holdings basically for “free” since you don’t have to buy additional $SCOTTY tokens. Moreover, your tokens are locked anyway until the presale ends, so why not earn some extra tokens?

Step 5: Claim Tokens

Once the presale ends, you can claim your tokens. Make sure to follow Scotty the AI on X or join Scotty the AI Telegram channel to stay up to date on when the token claim is unlocked and with any additional useful information regarding the project.

Claim your tokens on the Scotty the AI token presale page. There will be a button “Claim Now”. If you’re staking $SCOTTY, you can click “Withdraw Staked Tokens” or “Claim Rewards” to claim your staking rewards.

What is Scotty the AI?

Scotty the AI is a new crypto project focused on integrating AI technology in securing the blockchain. There will be three AI-powered tools:

• Scotty Swap Tool where you can swap tokens within the Scotty ecosystem. 
• Scotty Chat is an AI-powered chatbot that will answer any questions you may have regarding the blockchain.
• Blockchain Takeover is the final phase in the project’s development where the team will launch a new blockchain.

Native to the project is the $SCOTTY token, which is an ERC-20 token built on the Ethereum blockchain. This will be the project’s utility and governance token you can now buy at a discounted price on the presale.

Scotty the AI Token Key Features

Let’s go through the key features of the Scotty the AI project, including roadmap, token staking and tokenomics.

Scotty the AI Roadmap

The team behind the project has laid out a straightforward roadmap in three phases. This makes it easier to accomplish the project as opposed to projects that have multi-year phases that may never be completed.

Here’s how the three phases of Scotty the AI look like:

1. Token presale launch and marketing campaign.
2. Launching the three tools: Scotty Swap, Scotty chatbot and Blockchain Takeover
3. $SCOTTY token listing on tier-one exchanges, CoinGecko/Coinmarketcap listing and community partnerships.

Token Staking

Staking is one of the most popular ways to attract new users and incentivize them to lock their tokens to earn passive rewards. Scotty the AI project is no different. There are over 300 million tokens dedicated for staking, according to the Scotty the AI whitepaper.

The sooner you start staking the token, the better. That’s because early stakers get to earn the highest annual percentage yield. In the early days, the APY can be over 40,000%. Of course, this won’t last. As more tokens are staked, the APY will continuously drop.

Tokenomics

Since this is a simple project, the tokenomics are also straightforward. The total supply of $SCOTTY tokens is 1.7 billion. Only 30%, or 520 million tokens, are dedicated for the presale, while the remaining tokens are planned for staking, marketing, development and exchange listing.

The development stage will use 520 million tokens, or 30% of the total token supply, to complete the project.

Conclusion

Scotty the AI is a fun new token presale that tries to incorporate a cute doggy character into an AI-powered ecosystem designed to fight fraud and secure the blockchain.

For now, the $SCOTTY token is available at a discounted price of $0.005 apiece. This number will grow, however, as each new presale stage goes on. If you’re looking to participate in the presale, getting in as early as possible and staking your tokens could be a prudent option.

References

• https://metamask.io/institutions
• https://coinmarketcap.com/

FAQs