Oraichain continues to grow by leaps and bounds, with a succession of partnerships, but the one with Rarible is a game changer that will highlight the value of Oraichain's and aiRight's technology! 🪄🤖
👉 A few days ago, a very interesting space took place to talk about this partnership between @Oraichain, @aiRight_io and @Rarible
Speakers included :
@TyreeRobinson : Head of Ecosystem at Oraichain
@CosmossHOSS : Crypto educator and much more
@tunganhdo_ : CEO of Oraichain Labs
@joseganaya : In charge of partnerships at Rarible
For those of you who weren't there, I've decided to summarize the space in 10 points.
⚔️ LET'S GET STARTED! ⚔️
1️⃣ Rarible X = Shopify for WEB3?
▶️ Vision :
Rarible has always been committed to protecting creators' royalties.
That’s why less than a year ago they launched RaribleX to provide the infrastructure to white label a marketplace using their technology (+5000 projects already)
▶️ RaribleX answers the needs of creators who want more autonomy and more control over :
🔸 How they express themselves
🔸 Their community
🔸 Toolkits for enhanced success in WEB3, focusing on community engagement and income
▶️ They help creators of all kinds :
🔸 WEB3 gaming projects
🔸 PFP projects
🔸 Traditional/WEB2 Brands
2️⃣ About aiRight’s transformation
aiRight was founded in 2021 as a sister project to Oraichain, sharing the same team and many community members.
▶️ The big idea :
🔸 On chain copyright
🔸 Authenticity check
▶️ They provide an authenticity verification layer for NFTs, allowing users to obtain a report detailing the similarity level of their work, including :
🔸 Exact duplicates
🔸 Near-exact copies
🔸 Semantic closeness
▶️ Relevance for Institutional Adoption :
👉 Their technology can assist major players like Barbie or Nike in protecting their works against illegitimate exploitation in the NFT space
▶️ Pivot Towards Generative AI : With the emergence of ChatGPT and other generative AI technologies, aiRight decided to focus more on this aspect
▶️ Integration of New AI Models:
🔸 External models such as Dall·e, Midjourney etc...
🔸 Development of proprietary models using Stable Diffusion technologies
3️⃣ RaribleX a proactive vision to protect both creators and collectors
Historically, even if there is a degree of subjectivity, the way to value or authenticate/measure the quality of an NFT has always been :
🔸 Esthetics
🔸 Rarity
🔸 Different features in the metadata
🔸 Floor price
Beyond all this stands uniqueness that AI can bring to the table!
RaribleX vision, both creators and collectors are empowered :
🔸 Creators : can showcase the uniqueness of their collections
🔸 Collectors : are able to interact with those unique NFTs
4️⃣ AI generated content redefines the concept of invention and creativity
Throughout history, creativity has always been driven by technical progress :
🔸 At first, it was linked to sculpture
🔸 Then, to painting etc
🔸 AI is the latest revolution to redefine the concept of creativity
▶️ About authorship
In the traditional sense, authorship of a picture belongs to the person who drew it
But with AI, it's more complicated because there are :
🔸 Owner of the data used to train these models
🔸 The model developers themselves
🔸 The user who makes the prompts
AI has launched a vast debate about intellectual property rights, particularly in the USA
▶️ Here's the solution proposed by aiRight:
Anyone who uses an AI product or contributes to the growth of an AI product must share in the resulting royalties
👉 The idea is to include every stakeholder in the monetary value proposition provided by AI (which goes beyond images or music)
5️⃣ Royalty sharing, a more attractive value proposition for using AI in NFTs personalization
▶️ WEB2 brands :
🔸 View the transition through the lens of digital collectibles
🔸 Don’t understand the full implications of NFT technology and blockchain
AI introduces additional complexity yet Rarible and Oraichain are well placed to lead discussions on leveraging AI capabilities for these brands
▶️ Working with major brands such as Mattel, McFarlane Toys, and Fox etc... and helping them enter Web3, RaribleX understands perfectly their needs
A lot of them are looking for :
🔸 Guidance
🔸 Moving with a trusted partner.
🔸 Intuitive, easy-to-learn tools for themselves and their communities
👉 aiRight, is one of those tools for brands to experiment with AI, aiming to enhance community value through innovative applications
6️⃣ Safety, the key that will make institutional brands adopt AI
Brands want to avoid content that may contain :
🔸 Offensive language
🔸 Are not safe for work etc…
▶️ Solution :
👉 Oraichain provides Trustworthy Proofs™ using AI oracle.
It acts as a verification layer, ensuring that the output coming out of AI models are :
🔸 Trustworthy
🔸 Safe to use
👉 On the other side, Rariblex attracts brands because it provides :
🔸 Control over the experience
🔸 Autonomy over what is shown and what is displayed
7️⃣Personalization is the future
👉 Real use case example :
🔸 Drake has taken legal action against individuals who have picked up his songs and trained an AI to imitate him
🔸 In the future, he may be the one to use AI to offer his fans a safe and personalized experience
🔸 Maybe even his fans will be paid royalties based on the added value they provide
Oraichain and aiRight have the technology to ensure that!
8️⃣ Data is the first step in employing blockchain for IP protection, enabling brands and artists to utilize AI
The root of AI is the data
❌ Problem : AI models are trained by indiscriminately scraping the internet. (This is how AI has developed)
👉 There is a need to slow this down without holding back innovation, by discerning which data and images to use for AI training
👉 This approach will facilitate fair royalty sharing and reduce disputes over unauthorized data use
9️⃣ NFTs will evolve beyond simple JPEGs
👉 NFTs are more than just JPEGs and they keep evolving into real assets, it could be with DAO's, concerts, parties, ticketing inheritances etc…
👉 WEB3 is a bit like the early days of the internet, it's bordering on lawlessness, but that will change over time
🔟 Meeting artists' needs
Right now artists and creators are definitely thinking a lot about AI and the impact that's going to have in their careers
🤝 Oraichain and Rarible agree on the importance of protecting small artists and creators, whose works of art are all too often stolen, replicated on chain and sold for high profits
👉 The goal is to create an ecosystem that will safeguard them and correct the bias that exists in favor of big brands
⏹️ About the proposal ⏹️
▶️ Milestone 1 :
🔸 Integrate aiRight’s NFT Authenticity Check into RaribleX
🔸 Implement aiRight’s generative AI and on-chain copyright for AIGC for high priority RaribleX clients
▶️ Milestone 2 :
🔸 Partnership launch & co-marketing
▶️ Grant request :
🔸 Integration : $80,000 USDC
🔸 Annual maintenance : $20,000 USDC
👉 Think of it as an old school product placement :
👉 The technology is ready
👉 Now it's a matter of finding the best way to get it in front of as many eyes and into as many hands as possible!
Full proposal :
https://t.co/oZ1J5aVmYl
This partnership will help the mass adoption of NFTs, and represents an important step in Oraichain's growth for all the reasons mentioned above!
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As Jews around the world mark Chanukah,many Humans feel the contrast between the the light that has been extinguished for many, against the darkness that a select few envelop.
May the candles of this Festival of Lights bring sense to us all.
Am I understanding this correctly, has this individual compared the drowning of Pakistani's near Greece, to the economy drowning as a Meme? @FarhanKVirk whatever your Political viewpoint, please explain how this tweet is justifiable?
اب میں علمی اور ادبی میمز بنانے کی کوشش کرونگا تاکہ ہم معاشرے میں میمز کے ذریعے زیادہ سے زیادہ سچ پھیلائیں۔
اس میم کا ریفرنس لنک یہ ہے
https://t.co/G82GDqynIy
@HeathrowAirport@APCOAUK Your website is not allowing Auto-pay to be setup again and also having issues taking payment for a couple of days for Terminal Dropoff charges.
Layer 1 combining AI and Blockchain technology?
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