BlockGPT, a new Web3 company, has unveiled its artificial intelligence (AI) “chat to earn” service and blockchain ecosystem. The company aims to develop a decentralized chatbot on the blockchain using its proprietary dataset and more than six generative pre trained transformer (GPT) models.
The AI model was designed to address blockchain-related queries and was accompanied by two tokens: a governance token called BGPT, and a meme token called AIBGPT. BlockGPT plans to reward users with nonfungible tokens (NFT) and token prizes to interact with the AI model.
The platform will enable developers to leverage AI technology through its essential AI Inference Engine, using the synapse engine to build decentralized applications (DApps) and smart contracts.
BlockGPT’s launch coincided with an upsurge in activity in the AI and token sectors, with OpenAI’s ChatGPT, Google’s Bard, and numerous other chatbot solutions vying for attention in the technology space.