In a lot of ways, it feels like I have tech ADD (lmao) because as soon as a new technology comes out I'm ON IT until the next new technology comes out and I'm ON THAT. That being said, AI is the new tech trend, and there's a lot of investment in the space as a result. To me, this feels much more viable than the metaverse, but again, it depends on what it's being used for and what problems it's solving that humanity was unable to solve prior to AI's existence.
A company called
CryptoGPT $GPT.X recently
raised $10M in funding at a $250M valuation which is
obviously a positive indicator for the space overall. It bills itself as a "ZK Layer-2 that lets you own the monetization of your AI data. Turn every task of your daily life into a source of income." If this still sounds like mumbo jumbo to you that's okay because it took me some time—and I'm still lowkey trying to simplify—the definition of what a zkSNARK is. I did write this
newsletter post last week, so maybe that can help you to conceptualize zkSNARKS a bit more.
When I initially learned of zk rollups and zkSNARKS, it was mostly applied to payments and the financial world in general. But CryptoGPT is taking a different approach, "Instead of applying ZK technology to payments, CryptoGPT integrates it for private data transfers." What's awesome about this is that they're building a network where instead of intermediaries making money off of one's data, the individual is able to monetize it.
Other notable blockchains building similar capabilities are
Lens Protocol,
DeSo $DESO.X,
Dfinity $ICP.X, and
Flux $FLUX.X. Now all of these are different, but they're still building out web3 networks that enable the user to be in control of their data in contrast to now where it's large conglomerates that are largely in control. But back to CryptoGPT...
Given that
prompt engineer is the new hot tech job thanks to the rise of ChatGPT, writing is one of those skill sets that pay dividends to any individual who has it. But, according to CryptoGPT's thesis, you shouldn't have to work at a tech company—or write—in order to make money from AI. "Turn every task in your daily life into a source of income," they say.
Would you try something like this or are you skeptical?