Act l: The AI Prophecy (ACT): how an abandoned project found a new life
What is Act l: The AI Prophecy?
Act l: The AI Prophecy or ACT is not just a meme token based on the Solana blockchain but a full-fledged decentralized project that a community of followers has picked up. This project aims to create an interactive ecosystem for artificial intelligence technologies.
ACT token ticker stands for AI Community Token, symbolizing its focus on the crypto community. The main goal of the emergence of Act l: The AI Prophecy is to create a decentralized community passionate about research in the field of artificial intelligence. According to the developers' idea, members of Act l: The AI Prophecy should collaborate to make AI technologies more accessible to users and, with their help, empower people.
Originally, Act l: The AI Prophecy was founded by AmplifiedAmp (Amp), which sought to create its community-driven decentralized ecosystem, or in other words, a decentralized autonomous organization (DAO).
According to initial statements, some of ACT's tokens were to be used to fund Act l ecosystem projects: The AI Prophecy. However, the project team did the opposite, selling all their tokens and abandoning the community.
Then the unexpected happened: instead of getting rid of their tokens and shutting down the project, the community of Act l: The AI Prophecy came together to develop the project further and continued to manage it.
How does Act l: The AI Prophecy?
Users of Act l: The AI Prophecy can interact directly with chatbots on a unique platform called Cyborgism, created by an independent group of developers and hosted on the project's Discord server.
Chatbots act as AI assistants that help users solve almost any complex tasks, from answering simple everyday questions or writing complex stories (including scripts) to role-playing or character creation. Users can share favorite posts with other server members in a particular Starboard thread, keeping the community active. In this way, users explore the capabilities of AI and its potential as an assistant.
Chatbots Act l: The AI Prophecy uses a so-called multimodal approach in communicating with users, i.e., they can simultaneously process both images and texts sent to them. This approach makes it possible to find new uses for chatbots. The platform encourages users to use AI technologies as creatively as possible.
In addition, the chatbots Act l: The AI Prophecy responds to user requests, unlike the well-known neural networks from OpenAI and Microsoft. Large companies seek to limit the work of bots through strict censorship and other techniques, which can, among other things, skew results. This prevents the full potential of artificial intelligence from being fully utilized.
About AI Community Token
As of November 2024, the ACT token ranks 108th in the cryptocurrency ranking by capitalization, which is ~$681 million. A total of 1 billion ACT tokens have been issued, 948 million of which are already traded on the market.
At the moment, the ACT token has no practical application options. Whether they will appear in the future depends only on the Act l community itself: The AI Prophecy, which is now entirely in charge of the project.
Conclusion
ACT has become one of the most unusual meme-tokens, telling how even an abandoned project can "revitalize" its community by uniting it with a single goal. There is hardly another similar case in the crypto industry.
With Act l: The AI Prophecy and the AI technologies it uses, developers can realize non-trivial ideas that will contribute to the development of the project in the future, such as:
- Create a decentralized ecosystem for collaborative interaction of AI platforms based on tokenomics;
- Develop new AI technologies and empower chatbots by training them through interaction with users and each other;
- Explore new ways to communicate with chatbots. For example, users of the Cyborgism platform can hide messages from bots and interrupt their messages at any time by continuing to answer or ask new questions.