DeFi

Global Blockchain Summit: An Overview of WebsiteAI with James Blunden

Published

8 months ago

30 May, 2024

CoinFlix Staff

Global Blockchain Summit: An Overview of WebsiteAI with James Blunden

At the World Blockchain Summit, Mark Walker, Editorial Director of Fintech Times, sat down with James Blunden, Co-Founder and COO of WebsiteAI, to discuss the innovative, space-friendly AI-powered website builder Web3. Blunden provided an in-depth look at how WebsiteAI aims to revolutionize website building for decentralized finance (DeFi) developers and beyond.

WebsiteAI Overview

James Blunden, co-founder and COO of WebsiteAI

Blunden explained that WebsiteAI is the first AI website builder designed specifically for the Web3 ecosystem. The tool allows users to build websites entirely through AI prompts. Originally developed for DeFi developers, who often launch projects without a web presence due to a lack of experience or high development costs, WebsiteAI seeks to solve these problems by providing a cost-effective and time-saving solution. Unlike traditional web development platforms like WordPress, Wix, or Weebly, which can be time-consuming and stressful, WebsiteAI promises to create fully customized hosted websites in less than five minutes.

AI models in play

Walker asked about the type of AI WebsiteAI uses. Blunden explained that the platform uses both conversational AI and machine learning models. Originally, WebsiteAI functioned as a simple Telegram bot guiding users through steps like logo creation and content entry. However, it has since evolved, incorporating sophisticated AI models similar to those used by OpenAI’s GPT. These templates allow users to specify their needs and preferences, resulting in a tailor-made website in just a few minutes. WebsiteAI also includes a domain registration service, streamlining the entire process.

Target audience and use cases

Blunden pointed out that the main users are individuals or businesses who don’t have the technical expertise to build websites. The AI-powered tool offers a basic platform that users can use as is or further customize with additional development. This flexibility is suitable for both novices looking for a simple solution and more experienced users looking to expand and improve their web presence.

DeFi Focus and Token Integration

Statistics indicate that the majority of the 1,000 websites hosted by WebsiteAI belong to the DeFi sector, identifiable by their distinctive naming conventions. Blunden noted that WebsiteAI integrates its own token into the website creation process. Users holding a significant amount of these tokens have access to premium models and a revenue sharing program. Currently, all profits from website creation are reinvested into this program, providing passive income to token holders. This model aims to build a strong user base and product usage before focusing on profit.

Revenue and growth strategy

When discussing future revenue models, Blunden acknowledged the challenge of finding comparable Web3 projects. Instead, WebsiteAI looks at the early growth strategies of big tech companies like WordPress, with a focus on user acquisition through product simplicity and word-of-mouth. The goal is to reach 50,000 users by next year by making the platform accessible even to those with minimal technical knowledge. Despite its early days, the company is confident in the potential of AI to continually improve the user experience.

Website diversity and creativity

Walker questioned the uniqueness of WebsiteAI-generated websites. Blunden clarified that while current designs may look similar, AI ensures that content, logos and other customizable elements are unique based on each user’s input. The team plans to increase the number of available templates to further improve uniqueness.

Competitive landscape

Asked about competition with established website builders like GoDaddy and WordPress, Blunden expressed optimism. He believes WebsiteAI’s AI-driven approach gives it a competitive advantage, delivering faster and potentially better-looking results. The continuous development and learning capabilities of their AI models are considered key advantages in this competitive space.

Expanding horizons

WebsiteAI’s participation in the World Blockchain Summit in Dubai aims to gauge interest, form strategic partnerships and gather user feedback. Blunden mentioned potential collaborations with decentralized storage providers like Filecoin, indicating a future in which WebsiteAI will integrate more deeply with other blockchain technologies.

Global reach and language support

Blunden discussed the geographic distribution of its user base, noting significant interest from the United States, followed by Europe and emerging interest in Asia. To cater to a global audience, WebsiteAI supports multiple languages, including Spanish, Italian, Chinese, and German. The team continues to refine and expand these language options to overcome barriers and ensure accessibility.

Looking ahead, WebsiteAI plans to integrate e-commerce capabilities, allowing users to create online stores with secure payment systems. Discussions with fiat payment providers and compliance with privacy regulations are ongoing to ensure these features are robust and user-friendly.

In summary, WebsiteAI represents a significant step forward in merging AI with Web3, providing an innovative website building solution that is both accessible and scalable. As the platform evolves, it aims to cater to a diverse and global audience while maintaining a competitive advantage through continued advancements in AI.

Fuente

DeFi

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Published

6 months ago

29 July, 2024

CoinFlix Staff

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.

The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.

Bonk remains strong despite market fluctuations

While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.

Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.

Pepe should see a big rise in the next bull run

Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.

Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.

In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.

Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4

Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.

With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.

Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.

The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.

RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

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Fuente

DeFi

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Published

6 months ago

29 July, 2024

CoinFlix Staff

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.

Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.

According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.

“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.

I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.

The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.

“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”

I expect them to launch actively managed crypto ETFs [in the] coming years. ”

Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.

“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.

Chasing mass adoption of normies may be chasing the wrong Grail from the start.

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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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