AI developers are using .xyz domains to showcase their innovations in the field of artificial intelligence. Tech startup Spice.xyz harnesses AI technology to make it easy to access and leverage web3 data. NFT platform Revel.xyz is focused on providing users with a new tool for generating AI-powered animated avatars. AI-backed platform Airstack.xyz is aimed at helping developers to access and utilize cross-chain data. In this week’s #AIMonday, we’ll introduce you to an AI-based startup aimed at safeguarding humanity from AI-generated fake media and counterfeit NFTs: Optic.xyz.
Optic.xyz is the online home of Optic, a tech startup that employs artificial intelligence (AI) to tackle growing concerns such as fake media and counterfeit non-fungible tokens (NFTs). At the forefront of the company’s offerings is the Bias-O-Meter, an innovative solution designed to safeguard humanity from the issue of internet misinformation in the era of generative AI (Gen-AI). The innovative company is founded by former Google Product Director and YouTube Head of Mobile Andrey Doronichev. As reported in March 2022, Optic raised $11 million and began using the funds “toward building out the cost-intensive infrastructure and hiring engineering talent.”1
Authenticity is a crucial concern in the world of NFTs, as it is the foundation upon which trust and value are built. Optic.xyz addresses this challenge by utilizing AI technology to analyze the details of NFTs and verify their uniqueness and origin. This process aims to provide reassurance to artists, creators, and buyers regarding the legitimacy of the digital assets they engage with. In doing so, they may also contribute to safeguarding the credibility of the entire NFT ecosystem.
AI’s strength in NFT authentication comes from its ability to analyze large amounts of data and spot detailed patterns that humans might miss. Its advanced algorithms can quickly process information like metadata, cryptographic signatures, and transaction history, making the distinction between real NFTs and fake or unauthorized copies. This can help build trust and ensure reliability in the fast-growing world of digital art and NFTs. By leveraging AI algorithms, Optic strives to contribute to the prevention of fraud and unauthorized duplication, building trust within the NFT market.
Optic.xyz provides a user-friendly platform that can simplify the authentication process for creators and buyers. Their solutions are designed to help artists submit their NFTs for authentication, and to provide buyers with the capability to verify the authenticity of NFTs they are interested in. This streamlined experience can benefit all stakeholders, fostering the growth and sustainability of the NFT market. Check out Optic’s featured products:
We are inspired by Optic.xyz’s interests in furthering safety and authenticity in AI, and look forward to further developments. You can learn more by following the company on Twitter @optic_xyz and LinkedIn @optic-xyz, and by visiting Optic.xyz.
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