YOUR AI x Wise Crypto — AMA with Ted
Ted joined a live Twitter Space with the Wise Crypto community to answer questions about YOUR AI Protocol, world’s first AI-driven content layer for e-commerce. After answering 10 questions about the protocol, it was the community’s turn to leave questions for Ted.
In this article, we take a moment to thoroughly answer the last four community questions. With a total of 17.5k listeners, we thank both Crypto Wise and the listeners for this X Space.
Q1: How does YOUR AI Protocol leverage the Spotify model for content streaming?
A1: YOUR AI functions similarly to Spotify in terms of content storage and streaming. Just as Spotify stores music from artists and allows listeners to stream on demand, YOUR AI stores content from brands and creators. Instead of listeners, e-commerce shops act as the consumers, streaming content from YOUR AI. Brands and creators are rewarded each time their content is streamed, akin to how artists receive royalties on Spotify.
Q2: What role do Bitcoin’s BRC-20 inscriptions play in YOUR AI Protocol’s solution for brands and content creators?
A2: Bitcoin’s BRC-20 tokens are utilized for content ownership within YOUR AI Protocol. Brands and creators stake their content for validation and earn rewards. This ownership layer enables flexibility in transferring, selling, or licensing content ownership. Moreover, the protocol supports multichain functionality, processing content payments through Ethereum and Solana.
Q3: How does YOUR AI Protocol empower brands and content creators to regain control and monetize their content?
A3: Brands and creators regain control and monetize their content through YOUR AI Protocol by storing their content on the blockchain. Using BRC-20 tokens, ownership of the content is registered, ensuring no duplicates are created when it’s streamed by e-commerce shops. Brands and creators receive rewards each time their content is used or viewed in e-commerce shops.
Q4: Could you share with us a few important features of yours that will increase your customer potential and gain new customers in different markets and also make us choose you?
A4: The $YOURAI token plays a pivotal role in facilitating content streaming for e-commerce shops. By integrating with platforms like Shopify, YOUR AI Protocol enables millions of shops and potential users to interact with its content. Additionally, AI tools like Monet and Picasso personalize content, enhancing user engagement and conversion rates. Future plans involve expanding integrations with platforms like Lightspeed and Adobe Commerce to further increase the token’s value.
Q5: What specific benefits does YOUR AI Protocol offer to e-commerce shops in terms of boosting conversion rates?
A5: Conversion is the percentage of the visitors on a page that actually go over to a purchase. YOUR AI Protocol enhances conversion rates for e-commerce shops by providing extensive content types such as images, descriptions, specifications, reviews, and Q&A sections. Well-informed customers are more likely to make purchase decisions quickly, and comprehensive product information builds trust, especially in online purchases.
Q6: How does YOUR AI Protocol ensure the quality of AI-driven personalized product content for e-commerce shops?
A6: YOUR AI Protocol maintains content quality through curation within the protocol. Our AI models personalize content directly from brands which ensures accuracy and reliability, enhancing the overall quality of product information for e-commerce shops.
Q7: In what ways does YOUR AI Protocol differentiate itself from traditional content streaming and e-commerce solutions?
A7: YOUR AI Protocol distinguishes itself by leveraging blockchain technology to bring transparency, control, and fair monetization to content streaming. Brands and creators retain ownership of their content and receive fair rewards for its usage. Additionally, AI-driven content personalization offers a novel approach to e-commerce, boosting customer engagement and conversion.
Q9: Can you provide examples of successful implementations or partnerships involving YOUR AI Protocol in the content streaming or e-commerce industries?
A9: Successful implementations and partnerships of YOUR AI Protocol include its integration with Shopify applications, development kits for software, and partnerships with Microsoft and Google’s AI programs. Additionally, the protocol has onboarded several testnet clients with more partnerships on the horizon.
Q10: What future developments or expansions does YOUR AI Protocol have planned to further revolutionize content streaming and e-commerce?
A10: Future plans for YOUR AI Protocol involve creating AI-driven content apps for various e-commerce platforms, such as Lightspeed Commerce and Adobe Commerce. These expansions aim to increase the protocol’s reach and value. Furthermore, listings on additional centralized and decentralized exchanges will enable scalability and facilitate further progress for the team.
After these general questions about YOUR AI, the community could leave questions via X. We want to thank the listeners for their interest in YOUR AI and the insightful questions that were asked. Below are the 4 questions from the community.
A1: Can you explain how Al Protocol optimizes e-commerce integration into Shopify? What advantages does this offer to both merchants and customers using $YOURAI?
Q1: The $YOURAI app for is a starterskit to building extensive product pages for any Shopify store. After installing the app, shops can activate the app seamlessly start streaming content.
The app gives shops the possibility to fully customize their product page with 8 content blocks, each containing a different content type. All blocks can be organized according to your desired orders.
Using this streaming solution, it comes with several advantages for shops:
1. Save time and money
2. Always up-to-date product content
3. Personalized product content
Customers on the other hand, can always make well informed purchase decisions and wouldn’t have to return their purchase because of dissatisfaction.
A2: What role does community feedback play in shaping the development and roadmap of $YOURAI? How can users contribute to the project’s growth and evolution?
Q2: $YOURAI couldn’t exist without our community. We value the support and feedback enormously. Since the team is quite small, the team is able to review feedback and input from the community quickly and act to it accordingly.
Besides input from the community, YOUR AI is backed by a big group of experienced advisors in the field of e-commerce, blockchain technology and shaping a company. The group of top tier KOLs often bring valuable input as well, for example suggesting marketing campaigns to fortify the growth of YOUR AI.
Last but not least, everyone can contribute to YOUR AI Protocol as a creator. Creating product content contributes to the growth of the protocol as well as the value of $YOURAI.
A3: Given the rapid evolution of blockchain technology, how does $YOURA stay adaptable and competitive in the market? Are there ongoing research efforts or partnerships focused on advancing your capabilities?
Q3: With an ambitious roadmap ahead for 2024, we are expanding the team with developers that each have an expertise, such as blockchain or AI focused. Bridging knowledge between several disciplines within the development of YOUR AI Protocol enables us to keep growing and launch an improved version of the protocol every day.
Moreover, we have announced several partnerships with other web3 projects. Partnering with Microsoft and Nvidia enables YOUR AI to learn more about AI and gives us access to a huge network of knowledge. There’s many more to come regarding partnerships that will stimulate the growth of our capabilities.
Q4: How does YOURAI protocol incentivize brands and creators to generate high-quality content? What mechanisms are in place to prevent spam or misleading content from being monetized?
A4: E-commerce shops stream content of brands and creators to their webshops via YOUR AI Protocol. While streaming content, e-commerce shops pay creators and brands in $YOURAI every time their content is used.
The better the content, the more likely the content will be streamed. This way brands and creators get incentivized to provide high-quality content.
Moreover, YOUR AI Protocol has curators to ensure the content is appropriate and of high-quality. Several AI models support this mechanism.
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