BlockGPT launches ‘chat to earn’ ecosystem for coaching AI

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

In accordance with the corporate, BlockGPT goals 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 referred to as BGPT and a meme token referred to as AIBGPT. Each are reportedly constructed on PancakeSwap, a decentralized alternate that enables customers to commerce BEP-20 tokens.

BlockGPT is providing a “chat to earn” reward system alongside the tokens. In accordance with the press launch, it will enable customers to earn nonfungible token (NFT) and token prizes for partaking in chat classes with the AI mannequin.

A white paper situated 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 dimensions of the corpus, the variety of parameters used to coach the mannequin, or every other particulars related to the AI’s technical specs, nevertheless it does declare that it was particularly designed to reply blockchain-related queries:

“BlockGPT was skilled utilizing an unlimited 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 expertise.”

The paper additionally states that the BlockGPT mannequin will enable 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 good contracts that leverage AI expertise.”

Associated: What’s Google’s Bard, and the way does it work?

BlockGPT’s launch comes amid a flurry of exercise in each the AI and token areas. Memecoins corresponding to Dogecoin (DOGE) and Pepe (PEPE) have made headlines not too long ago and the competitors between OpenAI’s ChatGPT, Google’s Bard, and a plethora of different chatbot choices has dominated expertise information for months.