MyShell debuts at ETH Denver 2024, demonstrating decentralized generative AI innovation

As artificial intelligence and cryptography continue to shape the future, AI decentralized applications become a key factor in reshaping user experience and promoting creativity, and MyShell is at the forefront of AI+Crypto innovation. As the leading decentralized generative AI creator platform, MyShell showcased its innovative technology and interacted with industry giants at ETH Denver 2024.

MyShell co-founder Ethan participated in ETH Denver 2024 and gave a speech at a series of events. At the Convergence AI 2024 event hosted by 1kx and the Decentralized AGI Summit event hosted by Sentient on February 26, Ethan announced the official release of MyShell's latest composable multi-modal AI App creation platform. It can support creators to create artificial intelligence applications by splicing multi-modal AI models. Modular construction of applications enables programming-free creation, and AI applications created through Myshell multi-modal and multimedia aggregation have surpassed the previous generation of chat bots.

Ethan said: The traditional UGC content platform (mainly text and images) is coming to an end, and AI-based App creation and publishing platforms have become a major trend. At the same time, the powerful open incentive model of blockchain will further promote the development of the industry's ecological flywheel and lead the next generation of creator economy. At the Rollup Developer Summit hosted by EigenLayer and Polymer Labs on February 27, Ethan, Ritual co-creator Niraj, and Story Protocol co-creator Jason conducted a roundtable discussion on the theme of 'Building blockchains with AI'.

MyShell co-creator Ethan said: AI and blockchain complement each other. Many AI developers don't understand the concept of decentralization or blockchain, but they are already building in a very decentralized form. With the help of AI, the activity of the open source community is now unmatched 10 years ago, which further illustrates that AI promotes the development of decentralized communities. AI has changed the creative methods and content of creators, reduced the cost of content creation, and improved the intrinsic value of content creation. The blockchain allows all developers’ contributions to be open, transparent, traceable, and cannot be tampered with. Coupled with its native economic incentive model and global financial value network, the blockchain can better motivate in a decentralized manner. Decentralized AI developers. What MyShell is doing now is to further lower the threshold for creation and empower the open source creator community. Share a long-term growing open value network with the community by performing model inference and bootstrapping the decentralized economy.

At the same time, Ethan also mentioned that AI+Crypto still faces many problems. For example, AI requires blockchain infrastructure with higher TPS to face the massive explosion of applications. Therefore, MyShell hopes to embrace more blockchain projects with an open mind, and through cooperation to provide comprehensive AI modular incentives for encryption technology and create AI applications on the entire chain. Ethan said that what we are doing is to further lower the threshold for creation and empower the open source creator community. Create greater value through the organic integration of incentives, liquidity, transactions, asset and knowledge ownership.

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