What happened?
OpenLedger has introduced OpenChat, a revolutionary AI chat platform where users can earn rewards for their contributions. It’s the first of its kind to log every user message, dataset, and model tweak on the blockchain, ensuring transparency and proper attribution. The platform uses the Proof of Attribution protocol to track and reward top data influencers for their inputs.
Who does this affect?
This development primarily impacts AI developers, researchers, and everyday users who contribute data and insights to the platform. It democratizes the AI field by allowing anyone to earn from their contributions rather than benefits being reserved for a select few big players. This approach could potentially reshape how AI models are built, maintained, and monetized.
Why does this matter?
The launch of OpenChat signals a shift in the market towards more transparent and equitable AI model development. By logging contributions on-chain, OpenLedger introduces accountability and potentially disrupts existing practices dominated by large tech companies. This could lead to broader participation in AI development and alter the landscape of who profits from AI advancements.