BlockGPT is a recently-launched blockchain-based Web3 company focusing on the development of artificial intelligence (AI) services. The company recently announced the launch of its ‘chat to earn’ ecosystem, a reward system which offers users the chance to earn Non-Fungible Tokens (NFTs) and token prizes for engaging in chat sessions with the AI model. The launch also comes alongside the offering of two new tokens, a governance token called BGPT and a meme token called AIBGPT.

$BGPT and $AIBGPT are both built on PancakeSwap - a decentralized exchange platform which enables users to trade BEP-20 tokens. To aid the development of its ‘chat to earn’ project, BlockGPT is employing more than six generative pre-trained transformer (GPT) models. Additionally, the company has created their own proprietary dataset to teach the AI model, allowing it to answer blockchain-related queries.

The model has been specifically designed to power developers, allowing them to take advantage of the AI Inference Engine which integrates with Synapse - a reliable framework for building DApps and smart contracts which use AI technology. BlockGPT’s launch comes alongside a flurry of activity in both the AI and token spaces. Amidst this, the competition between OpenAI’s ChatGPT, Google’s Bard, and various other chatbot offerings continues to dominate.

BlockGPT’s ‘chat to earn’ platform is an ambitious project which has potential to reshape the decentralized marketplace. By bringing together technologies such as blockchain, AI, and NFTs, BlockGPT’s platform offers users the chance to engage with and benefit from innovative technologies. The combination of two tokens and rewards system creates an ecosystem which could give rise to even more opportunities, enabling users to benefit from their activities in new and innovative ways.



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