Alethea AI Year in Review: 2021
A roundup of a year full of successes, from launching the Noah’s Ark Intelligent Metaverse to building a thriving community
2021 has been an incredible year for us at Alethea AI. Here’s a roundup of the year’s successes, from our token sales and partnerships, to our community growth, to releasing first of their kind collections and our Metaverse development. Let’s dive in …
Tech
Noah’s Ark Metaverse and Alethea AI Ecosystem
This year we launched Noah’ Ark, the world’s first Intelligent Metaverse, which aims to preserve and evolve the culture and collective intelligence of the human species. Noah’s Ark is currently inhabited by The Revenants, Alethea AI’s own collection of the first 100 Intelligent NFTs (iNFTs). The Revenant collection features historical and cultural icons from throughout human history.
The Noah’s Ark Metaverse gave birth to our Train-to-Earn model. The Train-to-Earn model allows iNFT owners to Earn the more that people interact with their iNFT on Noah’s Ark. People can interact with the iNFTs by using the Recite, Broadcast, or Interact feature, depending on the Intelligence Level of the iNFT. In the short time since we’ve launched Noah’s Ark, we have received 3,287,691 API Requests. We have generated 847,658 videos and facilitated 112,730 interactions. There is an outstanding demand for the AI services that iNFTs offer and we expect this to grow significantly in 2022 and beyond.
Institutional Partners and Early Adopters
We felt extremely privileged and excited to receive acknowledgment and support from some of our early institutional investors, including Metapurse, Dapper Labs, Crypto.com, Multicoin, Bitkraft, Mark Cuban and many more through our $16 M private token sale.
In June, we partnered with Sotheby’s auction house and the artist Robert Alice to create and auction the world’s first-ever intelligent NFT called Alice. Alice sold for $478,800.
In Oct 2021, we launched the first iNFT collection called The Revenants, which broke OpenSea records for a collection drop, netting approximately $10M in a week and skyrocketing to becoming a Top 10 collection on OpenSea in the first seven day period. The Revenants collection has a distinguished provenance for being the first-ever intelligent collectibles, a pivotal moment in the early history of NFTs.
Shortly afterwards, the iNFT Personality Pods were sold for almost 1600 ETH, becoming a Top 10 collection on Open Sea by volume. We also conducted a generous giveaway of over 1000 pods to our early adopters for participating in townhalls and AMAs.
Intelligence Staking was one of our biggest events this year. The entire process helped demonstrate the AI Engine intelligence upgrades and enabled community members (iNFT pod owners) to benefit from their digital labor as they went about training their Pods.
Over 70% of pods were staked during the event, and they all were rewarded generously for participating in this first-ever intelligence staking event. Every Level 1 pod holder who staked during this time has accrued enough credits to upgrade their pods to the next intelligence level.
The training period included both Shared and Individual Intelligence Training. Shared Intelligence Training incentivized the creation of new and unique, real-life conversational datasets to help improve the AI Engine through Train-to-Earn battles with the Revenants iNFTs. In simple terms, the pod holders engaged in gamified debate battles with the iNFTs on a chosen topic to earn credits. One of our community members also described his Shared Intelligence Training experience in this article.
Individual Intelligence Training (IIT) is the sophisticated process that allows community members to provide personalized training to their pods to shape their identity and personality traits. We are working alongside the community for a phased step-by-step launch of the IIT product through a series of Masterclasses conducted by Sarah Siskind, AI Conversational Expert. Once community members have fully developed the AI Personalities for their Pods, they will be able to Earn whenever other people interact with their Pods in the Noah’s Ark Metaverse.
The Masterclasses are available on our YouTube channel.
A concise explanation of the Intelligence Staking Event is available here. For more details, refer to our whitepaper.
We ended December with our Token Distribution Auction (TDA), which raised $12.4M. We used Balancer’s Liquidity Bootstrapping Pools to conduct a TDA on the Copper Launch Platform. Our research showed that a Balancer LBP would result in the most fair and equitable launch as it allows for fair price discovery and distribution.
Community Initiatives & Partnerships
Our community is at the heart of everything we do, and we constantly strive towards building an inclusive Metaverse backed by thoughtful Aletheans. In the past few months, we have experienced immense organic growth. We now have grown to over 22k Discord members and 21k Twitter followers this year. We’ve also launched the Ark Builders program, consisting of some of our top community contributors and members.
Our continuous dedication to educate and grow our community is exemplified by our Masterclasses with AI Conversational Expert Sarah Siskind, where the community joins together to develop powerful characters to inhabit Noah’s Ark.
This year, we launched numerous partnerships to increase our reach further and tap into diverse communities. Some of the key partnerships include:
- A collaboration with Yield Guild Games (YGG) to elevate interactive experiences and enhance our Train-to-Earn model
- An investment by Binance Smart Chain (BSC) — BSC is collaborating with us on Metaverse partnerships, strategic NFT Ecosystem enablement, and joint marketing and education of AI and NFTs
- A partnership with OpenSea through their “Notable Drops” program as we we continue to rank in top collections alongside other notable projects. blog
Our CEO and Founder Arif Khan was featured in many popular industry events, conferences and podcasts. In November, Arif delivered a memorable keynote at NFT NYC. You can also check him out in the Zima Red podcast, the MetaPortal podcast and the Interdependence podcast.
The successes of this year were also featured in many prominent media articles. Check out this FastCo article or this Blockworks feature for great reviews of the Noah’s Ark ecosystem. Bloomberg covered our private token sale announcement. VentureBeat published an insightful article on the sale of Alice. NFT Plazas published an article on how we broke OpenSea’s records with our collections.
Closing Remarks
As we complete 2021 on a high note, we would like to thank each of our community members for making this year a huge success. We have just started this journey of building the world’s first Intelligent Metaverse, Noah’s Ark, and we look forward to growing it as a community. A lot of amazing developments are coming up in the new year, and we can’t wait to share more with you. A project with this level of technical, design, and marketing ambition will inevitably come with a few hiccups as we all grow and learn, and we are grateful to our community.
About Alethea AI
Alethea AI is building a decentralized iNFT Protocol to create an Intelligent Metaverse inhabited by Interactive and Intelligent NFTs. As originators of the iNFT standard, Alethea AI is on the cutting edge of embedding AI animation, interaction, and generative AI capabilities into NFTs. Developers can use the Alethea AI protocol to Create, Train and Earn from their iNFTs in the world’s first Intelligent Metaverse known as Noah’s Ark. Find more details in our whitepaper.
