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BlockGPT launches ‘chat to earn’ ecosystem for coaching AI

BlockGPT, a recently-launched Web3 firm, introduced the launch of its ‘chat to earn’ synthetic intelligence (AI) service and associated blockchain ecosystem on Might 11. 

Based on the corporate, BlockGPT aims to create a decentralized, token-governed chatbot on the blockchain with comparable performance to OpenAI’s ChatGPT.

The AI mannequin’s launch comes alongside the providing of two tokens, a governance token known as BGPT and a meme token known as AIBGPT. Each are reportedly constructed on PancakeSwap, a decentralized change that enables customers to commerce BEP-20 tokens.

BlockGPT is providing a “chat to earn” reward system alongside the tokens. Based on the press launch, this can permit customers to earn nonfungible token (NFT) and token prizes for participating in chat periods with the AI mannequin.

A white paper located on the BlockGPT web site states that the corporate is using greater than six generative pre-trained transformer (GPT) fashions on the platform and that they had been skilled utilizing a proprietary dataset.

The paper doesn’t give any data on the scale of the corpus, the variety of parameters used to coach the mannequin, or another particulars related to the AI’s technical specs, but it surely does declare that it was particularly designed to reply blockchain-related queries:

“BlockGPT was skilled utilizing an enormous dataset of Blockchain-related data, assets, and analysis papers. […] In consequence, BlockGPT is now able to comprehending and answering an intensive vary of questions associated to Blockchain know-how.”

The paper additionally states that the BlockGPT mannequin will permit builders to allow “on-chain AI inference by way of its important AI Inference Engine” and that it utilized the Synapse engine to supply “a dependable framework for constructing DApps and sensible contracts that leverage AI know-how.”

Associated: What is Google’s Bard, and how does it work?

BlockGPT’s launch comes amid a flurry of exercise in each the AI and token areas. Memecoins comparable to Dogecoin (DOGE) and Pepe (PEPE) have made headlines recently and the competitors between OpenAI’s ChatGPT, Google’s Bard, and a plethora of different chatbot choices has dominated know-how information for months.

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