BlockGPT launches ‘chat to earn’ ecosystem for training AI
BlockGPT, a recently-launched Web3 company, announced the launch of its ‘chat to earn’ artificial intelligence (AI) service and related blockchain ecosystem on May 11.
According to the company, BlockGPT aims to create a decentralized, token-governed chatbot on the blockchain with similar functionality to OpenAI’s ChatGPT.
$BGPT is not the only token in #BlockGPT ecosystem. We're excited to introduce $AIBGPT, a free airdrop token belonging to the BlockGPT community. It has a total supply of 10,000,000,000,000. But act fastit's first come, first serve!Threads#AI #Airdrop #memecoins #BNB pic.twitter.com/j03IeT0gVY
The AI model's launch comes alongside the offering of two tokens, a governance token called BGPT and a meme token called AIBGPT. Both are reportedly built on PancakeSwap, a decentralized exchange that allows users to trade BEP-20 tokens.
BlockGPT is offering a “chat to earn” reward system alongside the tokens. According to the press release, this will allow users to earn nonfungible token (NFT) and token prizes for engaging in chat sessions with the AI model.
A white paper located on the BlockGPT website states that the company is employing more than six generative pre-trained transformer (GPT) models on the platform and that they were trained using a proprietary dataset.
The paper doesn’t give any information on the size of the corpus, the number of parameters used to train the model, or any other details relevant to the AI’s technical specifications, but it does claim that it was specifically designed to answer blockchain-related queries:
The paper also states that the BlockGPT model will allow developers to enable “on-chain AI inference through its essential AI Inference Engine” and that it utilized the Synapse
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