Big Demo Day offline sharing session for roadshow projects was held in Hong Kong

BigDemoDay
2023-03-11 17:13:09
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The Web3 offline seminar "How AI Performs in the Web3 World," initiated by Central Research and supported by Genius Club and Web3Hub, is being held today (March 10) at Cyberport in Hong Kong.

Initiated by Central Research and supported by Genius Club and Web3Hub, the offline Web3 seminar "How AI Performs in the Web3 World" was held today (March 10) at Cyberport in Hong Kong. Web3 developers from projects participating in BIG DEMO DAY gathered to share and discuss industry trends, exchanging ideas freely and exploring the development of AI in this sector.

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Genius Club is a multifunctional Web3 community built for top students from prestigious universities around the world. It creates a Web3 DID identity system for students from these universities and provides professional services such as Web3 knowledge learning, token and NFT airdrops, task posting and claiming, skill competitions, employment resources, and other services. Genius Club serves as a bridge and platform for top university students to communicate with leading Web3 companies worldwide.

The following guests were invited to this Web3 offline seminar:

Vishwas Thakkar, CEO of Link AI;

Lesia Marchenko, founding member of LENA;

Dr. Wong Wai Kit, lecturer;

Dr. Steven Wong, founder of MarkerDAO;

Sun Yannan, PhD student in Financial Technology at the University of Hong Kong;

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Link AI CEO Vishwas introduced that Link AI aims to build a powerful oracle for the next generation of Web3.0 applications through intelligent data crawling and real-time data analysis. Link AI uses advanced machine learning, deep learning, and natural language processing technologies to collect, store, and analyze data through a global node network, linking the results of data analysis to the blockchain via oracles, injecting infinite possibilities into Web 3 application scenarios.

When discussing the pain points that the combination of Web3.0 and AI can solve, Vishwas stated that the most important aspect is privacy protection. There is a lack of privacy protection on public social media, where anyone can actually steal others' data. Giant companies possess all users' account information, and when they are attacked, users may lose all their data without any compensation. This is where AI and decentralization can play a role: you can have true data storage, and even if it is hacked or faces similar issues, you won't lose all your data at once. Due to decentralization, AI can perfectly prevent threats from hackers.

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Lesia Marchenko, a founding member of LENA, stated that artificial intelligence is an additional layer to blockchain. If blockchain ensures that users can own their data and receive compensation, then AI provides an opportunity to make that data work for you. Associated with the project Lena, the main goal is to unlock the true potential of Web3, developing innovative solutions to redefine utility and liquidity.

Lesia Marchenko mentioned that when you combine NFTs and AI, you can create an intelligent entity. Imagine that the NFT you own can create stories or conduct research for you, or it can become your personal assistant, and so on. This is how AI and blockchain work together. Blockchain provides transparency, privacy, and ownership, while AI makes it intelligent. This combination is something we can only see in future technologies.

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Dr. Steven Wong, founder of MarkerDAO, introduced that MarkerDAO is a decentralized labor marketplace focused on annotating AI datasets. Training AI models typically requires a large amount of manually labeled datasets. In the Web3 era, MarkerDAO utilizes blockchain technology to create a trustless, permissionless cross-border labor market, enabling cross-border payments through cryptocurrency, significantly reducing the cost of annotating AI datasets.

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During the discussion, everyone talked about the role of artificial intelligence in our daily lives and the combination of AI and Web3, focusing on infrastructure and application levels. Meanwhile, experts emphasized the importance of infrastructure in the development of AI and mentioned the potential of decentralized infrastructure in AI applications. Dr. Wong Wai Kit cited some existing projects using AI in Web3, such as storage solutions and chatbots. Dr. Steven Wong believes that the future trend of AI and Web3 will be decentralized infrastructure and that AI has the potential to simplify data cleaning and processing. At the same time, they discussed the importance of labeling for AI learning and the ability of AI to learn autonomously from databases in an unsupervised manner.

Everyone enjoyed the discussion and was reluctant to stop, as the environment allowed for free exchange among professionals in the same field, bringing many insights to everyone. At the end of the event, participants expressed high recognition and appreciation for this roundtable meeting. This event is also one of the high-value follow-up services provided by Big Demo Day for all participating projects. More participating projects will benefit from it in the future.

"Big Demo Day" will be held on April 16, and project registration is now open. Please click ++https://jinshuju.net/f/iHofHp++

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