$Bits are the native currency with a total supply of 1,000,000,000 Bits that will be used for rewarding holders of XAI NFT's, and are necessary to perform all functionality aspects within the Museum. Ex. Entrance fees, Entering into raffles, access to XAI neural networks to allow people to make their own A.I. created works or use other neural networks in the XAI ecosystem
Since the supply of $XAI is set at only 2,500 in the form of NFT IOU's, they are not very liquid in nature, using them as the main currency would not be effective as there are only 2,500 tokens and 2,500 NFT's that will be in existence for them, to reduce friction, $Bits provide an alternative method to allow for large amounts of liquidity to flow within the projects ecosystem while also serving a large functional purpose which is necessary for the projects success
$Bits will also be used to obtain exclusive artworks not generated through the power of A.I., but are instead 3D rendered NFT's and Animations created from the XAI team
$Bits will be the main currency used within the museum, almost like poker chips at the casino, allowing multiple functional uses that allow visitors to use their tokens
$Bits that are used within the museum will all be burnt, allowing for a steady decrease in supply as the museum grows in size and popularity, effectively increasing scarcity of the token and increasing demand along side it as the project progresses.