In 2022, Metaverse, the ultimate evolution of the internet, experienced a period of stagnation. In 2023, the introduction of ChatGPT brought explosive growth in AI-Generated Content (AIGC), marking a significant turning point.
Technology giants like Meta and Microsoft find themselves grappling with a fundamental question: how to build a Metaverse?
The Metaverse is an expansive, intricate virtual world that demands an infinite amount of digital content, including virtual scenes, objects, characters, and events. Manual creation and development alone cannot meet these content requirements. This is where AI-Generated Content (AIGC) comes into play, effectively addressing this challenge. AIGC has the ability to rapidly generate vast quantities of high-quality content based on user instructions, encompassing text, images, audio and video, and even 3D assets. This significantly enhances the efficiency of Metaverse content production.
Building a Metaverse with one single click using AIGC is not a distant futuristic concept. The AI Metaverse project, AI Meta Club, is harnessing the power of AIGC to transform the way how Metaverse is built, enabling users without technical or design backgrounds to actively participate in the creation of Metaverse.
AI Meta Club: Empowering Metaverse with AIGC
AI Meta Club is a Decentralized Autonomous Organization (DAO) platform that seeks to redefine our interactions, work, and entertainment within the digital realm by harnessing the capabilities of artificial intelligence (AI) and blockchain technology. Through its DAO structure, AI Meta Club is creating an ecosystem that allows community members to collectively explore the powerful fusion of AI and the Metaverse.
Originally incubated by Tuple Consultancy, AI Meta Club has garnered substantial financial support from renowned investment institutions such as 01 Capital, Tiger VC DAO, Tuple Ventures, and Crypto Island Capital. Moreover, strategic partnerships have been established between AI Meta Club and cutting-edge Web3 projects spanning diverse domains. These collaborations include the virtual IP Metaverse platform known as Planet Hares, the NFT venture RomanticLand, and the SocialFi Metaverse social platform Freecity. By working closely with projects in gaming, social, NFTs, and the Metaverse, AI Meta Club aims to expand the boundaries of AI and Web3 technologies, fostering the development of a Metaverse ecosystem that caters to a broader array of users and communities.
Metaverse Ecosystem of AI Meta Club
By 2024, AI Meta Club has set ambitious goals to deliver comprehensive end-to-end technical services, encompassing text, images, 3D models, NFTs, and the Metaverse. The platform aims to provide a variety of AI-Generated Content (AIGC) services that facilitate metaverse content creation, which includes prompt text generation, an AI-driven Q&A platform, 2D image synthesis from text, 3D model rendering from images, virtual character integration into third-party metaverse platforms, and IPFS (distributed storage service).
AI Meta Club's online product offerings consist of:
- AMChat: AI-Powered Question-Answer Generator
In April of this year, the platform launched AMChat, an AI-driven question-and-answer tool powered by GPT-4. AMChat is primarily designed to harness the potential of blockchain AI and support community users in learning about blockchain, cryptocurrency, smart contracts, artificial intelligence, the metaverse, and decentralized applications (DApps). Essentially, AMChat operates as a ChatGPT-like question-and-answer tool, enabling users to interact with it in various ways.
For example, if you want to create a smart contract but lack development experience and technical knowledge, you can simply ask AMChat, "Generate a token contract named AIVETA with a total supply of 10,000 tokens." Within seconds, AMChat will automatically produce the necessary smart contract code.
- Text2Image: AI-Generated Image Tool
This month, AI Meta Club introduced Text2Image, an AI-based image generation tool. Text2Image enables users without a background in drawing to create high-quality visuals based on textual descriptions. Notably, AI Meta Club is the first Web3 native project to offer this functionality. With Text2Image, users can generate images directly within a Telegram group by entering a descriptive prompt, and the AI will produce the corresponding image accordingly.
AI Meta Club has also introduced an NFT trading market, allowing community members to purchase and trade NFTs on the platform and import character NFTs into third-party Metaverse games. In the future, the platform plans to launch an AI tool platform that enables community members to access a variety of AI content creation tools, including AI writing, image generation, character creation, and video production.
For users, the AI Meta Club metaverse ecosystem empowers them with greater creative control and freedom. It offers a one-stop service that enables users to enter the Metaverse without any prior knowledge and at no cost. For instance, users can freely buy and sell prompts on the platform to command AI more conveniently and accurately, use AI tools to generate images from text, and convert those images into 3D virtual avatars. Users can then connect these 3D virtual avatars to various metaverse platforms, creating a digital representation of themselves that enhances their sense of participation in the virtual world.
For third-party Web3 projects, AIGC is revolutionizing the development and expansion of their Metaverse. AIGC tools provide the Metaverse with innovative digital-native content generation, consumption, and interaction solutions, creating a more realistic and immersive virtual world experience. As an example, consider the collaboration between AI Meta Club and its strategic partner Planet Hares. AMC integrated its AI language system into this Metaverse RPG game, crafting a richer and more engaging communication experience for players.
Tokenomics of AI Meta Club
$AMC is a utility token for the AI Meta Club platform that can be freely bought, sold, and traded on cryptocurrency exchanges. At 15:00 on May 26, Singapore time, $AMC will be listed on the Poloniex cryptocurrency exchange.
All AIGC services mentioned above require AMC tokens, and users can offer storage services for AIGC-generated content and earn AMC through staking or mining.
The total token supply is 1 billion, with no current plans to issue additional tokens. DAO tokens comprise 90% of the total supply, including 60% for ecosystem development, 30% for competitive gaming, and 10% for community rewards. The remaining 10% will be allocated to foundations, technical teams, partnerships, marketing, community support, and more. Tokens will be released linearly and incrementally according to a predetermined schedule, ensuring a controlled and orderly increase in market token supply.
To maintain token value, the platform employs two popular strategies—buybacks and token burning. AI Meta Club will periodically repurchase and burn AMC tokens from the open market, reducing the total AMC supply and increasing the token value.
Furthermore, AI Meta Club plans to establish a management model that combines AI and DAO in 2024. Users holding AMC will automatically become members of the DAO community and can participate in community governance and decision-making.
Reviving the Metaverse
The Metaverse has faced disillusionment, but this does not make it inherently worthless. Technological innovation is helping the Metaverse overcome its trough period. AIGC technology has emerged as a critical foundation for the Metaverse, while the Metaverse has become an important use case for AIGC.
Moreover, AI is only one of the six pillar technologies, "BIGANT," supporting the Metaverse. With continuous advancements in complementary technologies such as Blockchain, Interactivity, Gaming, Networking, and the Internet of Things, we might soon be able to create an ideal Metaverse through a simple dictation.