Exnetwork Invests in Quoth, an AI and ML-powered NFT Authentication Oracle

Exnetwork announces its investment in Quoth, an all-chain NFT authentication oracle complete with AI and ML-powered search, mint and bridge SDKs and API. Quoth’s platform is one of a kind, in that it is the only all chain NFT oracle and Google-like search query to enable an all-in-one platform to verify, mint and bridge NFTs under one protocol. Quoth’s blockchain is designed to innovate, track, buy/sell, and transparently credit quotation information for digital original assets.

The world has started to recognize the popularization of NFTs, that when digital artist Beeple sold one of his artworks for $69 million, a number of experts started questioning the impact that the use of NFTs could have on the cryptocurrency movement. This new approach of encrypting digital files could be the method that makes cryptocurrencies palpable to the mainstream market. Besides the need to use cryptocurrencies for any movement, platforms that sell NFTs also generally need to authenticate the digital assets.

This is where Quoth comes in. NFTs need to be securely authenticated on all platforms and chains. Quoth is the oracle and engine that allows this. The platform’s AI multi chain originality checker authenticates any NFT then wraps it from one chain to all chains to be freely moved or traded.

The Quoth Approach

• Searching — Search for any NFT on any chain ever minted to verify its originality and metadata, colors, tags, etc.
• The Bridge — A real world problem being solved with cross chain technology suited for the portability of NFTs on any chain.
• Perpetual Royalties on Select NFTs — Users will have the ability to resell their digital NFT assets with guaranteed smart contract perpetual royalties, making this a seamless ongoing revenue stream without maintenance or management.
• AI Data Sets for Real Time Minting Verification — Quoth’s proprietary data sets are the first in its class in the NFT and real world verification protocols. The Quoth data base will be able to verify and mint within minutes with 99.99% accuracy.

With Quoth, collectors can verify originality of NFTs on any marketplace on any chain. Platforms can securely bridge NFT assets to other networks to access wider range of collectors. Quoth also aims to be a future NFT licensing mechanism replacing traditional copyright with a crypto native solution.

Get the latest news and updates from Quoth:

Website: https://quoth.ai

Telegram: https://t.me/Quoth_ai

Medium: https://medium.com/@quoth.co

Twitter: https://twitter.com/Quoth_ai

Instagram: https://www.instagram.com/quoth_ai

Facebook: https://www.facebook.com/Quoth.Inc

Get to know Exnetwork Capital

Exnetwork is Philippines’ #1 crypto fund with strong ties to every major geographical crypto community in the world. It’s exceptional network include several DAOs, telegram communities, a leading validator, incubator, idea labs, gaming guilds and growth agency.

In 2021, we’ve seen an incredibly strong period for innovation at Exnetwork Capital, with a barrage of creative projects developed by builders, early adopters, and visionaries all looking to develop the next big thing in crypto. Exnetwork Capital aims to invest in a diverse group of projects that will surely disrupt the market.

Website: http://exnetworkcapital.com/

Medium: https://medium.com/exnetwork

Telegram: https://t.me/exnetworkpublic