Project PAI is a blockchain project that’s focused on bringing the concept of a “personal AI”, or PAI, to the masses. A PAI is a cryptographically-verified and intelligent 3D avatar that is designed to “look like you, speak like you, and behave like you in the digital space.” A user’s PAI is tied to him or her via an authentication process called “Proof of You”, and Project PAI envisions a world where PAIs can help their owners perform day to day tasks like scheduling appointments or shopping.
The Project PAI blockchain adopts Bitcoin’s PoW consensus mechanism, with PAI as its network utility token. PAI can be earned and used on various network services, and is currently tradable on Huobi Pro with PAI/BTC and PAI/ETH pairs.
The AI Economy & Project PAI
In the past, services like Automattic’s Gravatar enabled users to create an online digital avatar that could be used as an identity method on many websites. Gravatars are useful for simple tasks like maintaining one’s identity when commenting on multiple blogs, and the service’s dashboard proved useful in centralizing a user’s online interactions for moderation. Project PAI is looking to take this concept of a digital avatar to the next level with cryptographically authenticated PAIs, which can be trained to perform a variety of different tasks on behalf of its owner.
Project PAI, who recently launched its mainnet, envisions an “AI Economy” where a PAI can help its owner with day to day tasks, and even earn an income through interactions and contributions on the blockchain. For example, a celebrity photographer could utilize her PAI to teach a photography seminar, thus freeing up her time in the “real world” to focus on photoshoots for her “real world” clients. In this situation, the photographer’s students could learn the basics of photography through an interactive PAI, and the photographer could choose to do an “in person” Q&A at the end of the seminar.
The AI Economy concept has a lot of potential, and I can envision industry influencers and experts offering advertising and teaching opportunities through their PAIs. On the consumer side, I can see users participating in network activities like performing user authentications and interacting with PAI advertisements to earn passive income through the PAI token.
The Project PAI TeamObEN, a California-based personal AI company, is leading development of the Project PAI project in conjunction with several other blockchain engineers and developers. In the near future, Project PAI plans to open up its Github repository for public contribution. Alex Waters, a Bitcoin Core developer and a founder of several cryptocurrency-related startups, is currently serving as a technical advisor for Project PAI.
Personally, I find Project PAI to be an interesting project with enormous potential. I think the concept of a Personal AI will be a novelty at first, but has the possibility to play a crucial role in our day to day lives once the technology has had time to mature. Additionally, I hope Project PAI will be able to form partnerships with mainstream social media platforms or current avatar services with adequate user adoption. From a UX perspective, a blockchain-based avatar service would be a tough pitch to the average consumer, and I believe integration into an existing popular service would be beneficial to Project PAI. Lastly, the PAI token, trading on Huobi Pro, could be a worthwhile addition to your cryptocurrency portfolio if you believe AI-enabled avatars could go mainstream in the future.
Disclaimer: This post was sponsored by Huobi Global, a leading exchange that provides secure and reliable digital asset trading and asset management services to millions of users in over 130 countries around the world. Click here to learn more about Huobi Global.