On May 11th, 2023, BlockGPT, a disruptive web 3.0 AI, announced its groundbreaking project that merges advanced artificial intelligence with the power of blockchain technology. It is dependent on the participation and contribution of its members. The initiative employs a governance token known as BlockGPT to incentivize individuals who provide valuable questions and data, thereby cultivating an engaged and knowledgeable community.
A representative for BlockGPT said, ‘We are thrilled to unveil our unique chatbot platform powered by blockchain technology and managed by BGPT. We believe that by enabling more organic, human-like conversations, our platform will revolutionize how people engage with chatbots in general. A crucial feature of our platform that promotes community engagement and decision-making is our governance token, BCPT. We anticipate the platform to thrive and expand.”
According to the press release, it offers the opportunity to earn NFTs (Non-Fungible Tokens) too.
What Is BlockGPT?
BlockGPT is an AI tool that provides users with much-related information and resources. It is capable of answering a wide range of questions. It is primarily designed for creating chatbots, allowing users to achieve their goals using this platform. BlockGPT runs in a decentralized manner, thanks to the incorporation of blockchain technology, assuring transparency, security, and endless possibilities.
On a similar basis, Block GPT offers a chat-to-earn reward system too. It has also launched a pre-sale for its BGPT tokens where it has engaged the participants in three rounds. These three rounds had a specific fundraising goal and were held on the PancakeSwap. Apart from these, BlockGPT awarded the participants with NFTs to increase community involvement.
AIBGPT Airdrop is a token for community-based governance developed by BlockGPT AI and launched on the Binance Smart Chain Network. The goals of AIBGPT are to foster community participation in project governance and the decision-making process.
A Study of the BlockGPT Ecosystem
The blockchain and a group chat language model for AI is called BlockGPT.
BlockGPT can create smart contracts using the Solidity programming language, thanks to blockchain technology. One of the highlights is also the one-on-one conversation system with prominent people
BlockGPT has been trained and exhibits human logic. However, to inspire BlockGPT, the team hopes to amass additional data and knowledge. Users can interact with other users in group chat, which is multiplayer and BlockGPT can join group chat as the associate.
BlockGPT runs on blockchain technology and offers features such as a no-code smart contract generator, Smart contract auditor, code debugger, code-to-words, documentation creation, chart and technical analysis, AML features, blockchain analysis, and many more. Due to its blockchain-based design, all users, irrespective of their location or legal jurisdiction, have unrestricted access to these powerful capabilities.
Final Thoughts
One of the main distinctions between BlockGPT and ChatGPT is the ability of BlockGPT to access real-time data, including cryptocurrency values, the most recent news, and research, to stay up to date with accurate information. ChatGPT is constrained without an internet connection and is taught with only 1% of the available knowledge on cryptocurrencies and blockchain, which could result in erroneous information. This is, however, not the case with BlockGPT. It has a wide source of information ready to be presented, allowing the user to learn everything that is required.
