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BNB Chain continues its commitment to leveling up the developer experience and our commitment to mass adoption remains unchanged. As 2024 unfolds, the goal is to develop a super-fast, cost-effective, scalable, developer-friendly, and secure multi-chain strategy for the Web3 economy.
As part of the “One BNB” multi-chain strategy for mass adoption, BNB Chain welcomes more AI projects and builders to accelerate the pursuit of our vision, to onboard the next billion Web3 users.
This blog explores the diversity of BNB Chain’s AI Ecosystem.
Mass adoption of Web3 will likely be facilitated by several key factors including user-friendliness, secure and reliable infrastructure, and education. The priority should remain on improving the usability of technology to aid the transition from Web2 to Web3. For instance, BNB Chain is creating a more inclusive and accessible environment by providing robust technical infrastructure, simplified user interfaces, and enhanced security practices. It will take a balance of new tech, user-centric design, and widespread understanding to achieve mass Web3 adoption. Integrating AI within Web3 infrastructure enhances efficiency and productivity across various DApps, from data modeling to innovative AI-based solutions.
BNB Chain strategically focuses on a diverse array of Dapps for widespread adoption, emphasizing sectors such as Decentralized Finance (DeFi), decentralized social media (deSoc), Artificial Intelligence (AI), and gaming. These areas are prioritized for their robust growth prospects and capacity to draw in a comprehensive user demographic. BNB Chain hosts a diverse and innovative AI ecosystem, merging advanced technology with blockchain to explore new possibilities. This research report examines BNB Chain’s AI ecosystem, focusing on its multi-chain strategy, key projects, real user engagement, and future prospects.
The ecosystem offers a sophisticated infrastructure that enables seamless integration of AI-related businesses into the Web3 domain. Its multi-chain strategy supports various aspects of AI, from data storage and access to high-speed transaction processing. BNB Chain’s commitment to continuous improvement ensures that AI applications can leverage blockchain technology efficiently.
BNB Chain’s AI Ecosystem
In 2023, AI applications attracted $25 billion in funding, a fivefold increase from the previous year. This surge underscores the multi-trillion-dollar market opportunity AI presents with different layers emerging in the Web3 AI tech stack.
A thriving AI ecosystem on Web3 platforms like BNB Chain encourages innovation and collaboration. Developers can build on existing technologies, driving industry progress. Web3 AI also democratizes access to advanced technology, making it accessible to more people, including those in underserved regions.
BNB Chain hosts a diverse array of AI-driven applications and platforms, each contributing to the ecosystem’s richness and engaging real users in meaningful ways. In our previous article, we deep-dived into the different types of AI projects on BNB Chain, from dynamic AI-driven applications and content generation tools to infrastructure, like platforms focusing on data processing and decentralized data handling.
These projects exemplify technological advancement, making BNB Chain an unparalleled ecosystem where AI seamlessly integrates with various applications, solving real-world problems and catering to a growing number of real users who benefit from these innovations.
Such Dapps include:
Applications
AI agents that enhance Intelligent Interactions. For example, MyShell, currently with a daily active user base of approximately 53k, provides intuitive and responsive virtual assistants on the opBNB network. ChainGPT, on the other hand, operates on BSC and opBNB and delivers intelligent insights and automated responses, improving blockchain operations’ efficiency and effectiveness.
Content generation Dapps that boost creativity. For example, NFPrompt, which is live on opBNB, uses AI to generate creative content, simplifying the creation and management of engaging narratives and digital assets. There is also StoryChain, currently in its testnet phase, that leverages AI to craft immersive and interactive stories, advancing digital storytelling.
Chatbots that improve user experiences. A pioneer in such an area is Web3Go. This AI-powered bot on BSC offers seamless and intelligent interaction capabilities, enhancing user experience with responsive and adaptive AI technology.
Data Management and Processing
Decentralized databases like Glacier.io ensure integrity and accessibility. They operate on the Greenfield network with a daily active user base of approximately 5k. Glacier.io provides decentralized data storage solutions ensuring data security, integrity, and accessibility.
Data labelling tools like Web3Go’s xData, on the other hand, is a data labeling service on opBNB that utilizes AI to streamline and automate data processing, making data management more efficient and reliable.
Data marketplace like RIDO Protocol also addresses key issues in data storage and management with several innovative solutions. Leveraging Greenfield, RIDO enables tradable data ownership, facilitating transactions such as trading high-win-rate game accounts. As a pioneer in Data Finance (DataFi), RIDO is the first DataFi project on BNB Greenfield, setting the stage for a new category that could transform the data landscape.
Infrastructure: Powering with AI
Storage solutions like 4EVERLAND offer a cloud computing platform that seamlessly integrates storage, computing, and network core capabilities. Its integration with BNB Greenfield allows developers to create and deploy their own decentralized applications with ease.
Intelligent marketplaces like Aggregata use AI to analyze and interpret vast amounts of data on Greenfield, providing valuable insights for market analysis and decision-making.
Computing platforms like NetMind optimize computational resources with AI on BSC, ensuring efficient and scalable operations for various applications.
Developer Tools
Currently, in incubation, Aspecta aims to revolutionize developer tools and resources, enabling the creation of advanced and efficient AI applications. There is also CodexField which is live on Greenfield that provides tools for developers to build and deploy innovative AI solutions, supporting a vibrant ecosystem of technological advancement.
Zero Knowledge Machine Learning (zkML)
With an active user base of 6k, zkPass utilizes zero-knowledge proofs to enhance the privacy and security of AI models on BSC.
The BNB Chain Advantage – ‘One BNB’ Multi-chain strategy
BNB Chain’s multi-chain strategy encompasses three main blockchains:
- BNB Smart Chain (BSC, Layer 1 blockchain): The foundational layer providing low transaction costs and enhanced throughput.
- opBNB (Layer 2): An optimistic roll-up solution targeting scalability and user experience improvements.
- BNB Greenfield: A decentralized storage blockchain focusing on data ownership and access control.
BNB Chain offers a sophisticated and efficient infrastructure, seamlessly enabling participants in the AI industry to transition to and leverage Web3 technologies with ease. It facilitates the integration of comprehensive AI-on-Web3 solutions into the BNB ecosystem, effectively incorporating many of the key advantages of Web3 into its architecture.
Real User Engagement
BNB Chain’s AI ecosystem is not just about technology; it’s about real users engaging with and benefiting from these advanced applications. The ecosystem supports a diverse user base that leverages AI for various purposes, from entertainment and content creation to data security and management.
For example:
- MyShell enhances user interactions with AI-driven personal assistants, while Quaere offers users more personalized companionship.
- HoloWorld AI allows users to immerse themselves in virtual environments for gaming and education.
- NFPrompt and StoryChain enable creators to generate and share unique digital content, fostering a vibrant community of digital artists and storytellers.
- LimeWire provides users with a platform that allows them to create, publish, and monetize content.
The table below showcases the daily active user count for selected AI projects on BNB Chain over recent weeks, reflecting active user engagement and project growth:
Looking Ahead
With its diverse and innovative projects, BNB Chain exemplifies the seamless integration of AI and blockchain, making it a leading platform for AI-driven advancements in the decentralized world. The active engagement of real users further underscores the practical impact and growing influence of these AI applications.
The flourishing of Web3 AI on BNB Chain is essential for promoting decentralization, transparency, and innovation. It enhances user experiences, fosters economic growth, and ensures that advanced technologies are accessible and secure for everyone. BNB Chain provides a comprehensive solution for integrating AI into the Web3 domain under its ‘One BNB’ multi-chain strategy. As AI continues to evolve within the Web3 ecosystem, its potential to revolutionize industries and improve lives becomes increasingly significant.
