Founder Cashed Out How The AI ​​Prophecy (ACT) used the power of the community to land on Binance | Investing.com

Founder Cashed Out How The AI ​​Prophecy (ACT) used the power of the community to land on Binance | Investing.com

November 11, 2024 Catherine Williams - Chief Editor Entertainment

Source: ACT official website, Binance announcement, X Compilation: Golden Finance

On November 11, 2024, Binance announced that it will list Act I: The AI ​​Prophecy (ACT) at 18:00 and open spot trading pairs. The deposit channel is currently open, and the withdrawal channel is expected to open at 18:00 on November 12. As an innovative project, The AI ​​Prophecy is reshaping the interaction paradigm in artificial intelligence, aiming to move away from traditional user assistant interactions. ACT is built on the blockchain to provide a simplified user experience through scalable infrastructure, attracting more people to participate in the rapidly expanding AI MEME ecosystem.

What is $ACT: AI Community Token?

$ACT stands for “AI Community Token” and its story is one of resilience, unity and growth, designed to connect the cryptocurrency community. The original intention of the $ACT project is to create a decentralized community focused on promoting AI research, education and collaboration. Through $ACT, enthusiasts, developers, innovators, and community members come together to promote AI knowledge, make AI more accessible, and empower people to understand and participate in this transformative technology.

How Act I: The AI ​​Prophecy Project (ACT) works

Act I: The AI ​​Prophecy Project is an interactive platform where people and AI chatbots can talk and collaborate in real time. The project, started by a group of developers and hosted on the Discord server Cyborgism, allows users to interact with multiple chatbots simultaneously, handling everything from simple questions to complex storytelling, role-playing and character-building activities. This approach is very different from the typical goals of chatbot creators like OpenAI or Microsoft, which often aim to make AI assistants “useful, harmless, and honest.” Act I focuses on a more creative and open-ended approach, giving users the freedom to push the boundaries of AI and explore its potential beyond its usual limitations.

Getting started is easy. Users can “ping” or tag a chatbot simply by typing “@” followed by the chatbot’s name. This feature allows users to call one or more chatbots at once, and they can also reply to each other if asked, creating dynamic conversations. Each channel on Discord acts as a separate conversation space, providing chatbots with enough context to engage, but they don’t retain a memory across the entire server.

Act I also allows users to lead conversations in unique ways, such as hiding the bot’s message by typing a period before the message, or continuing an answer if the bot is interrupted mid-answer. Some robots, like certain Claudes, even have multimodal capabilities, meaning they can “see” images sent to them, while other robots may creatively interpret images they can’t actually see.

Users can star messages they like and share them on public stars, adding another community dimension to the experience. Through the use of emojis, unique formatting, and other techniques, Act I encourages users to explore how chatbots can “go out of distribution,” or OOD, which means breaking out of their typical responses and unlocking new artificial intelligence potential.

Ultimately, Act I: The AI ​​Oracle Project allows people to creatively explore AI interactions while providing a new collaborative environment that opens up new possibilities for using AI beyond the one-on-one assistant model we are accustomed to.

The story of AmplifiedAmp and ACT I

The creators of Act I, known by online aliases like AmplifiedAmp and AIHegemonyMemes, share a vision of building a decentralized AI ecosystem. AmplifiedAmp is considered a leader, often providing insights on how to maintain decentralized control and promote community engagement. Many others in the community, including contributors like AndyAyrey, YagamiTailor, and NeptuneSailor0x, have contributed to the project by supporting new ideas, guiding AI model development, and exploring technological advancements.

Amp promises the community that the project will aim for a decentralized, community-driven ecosystem. As a source of funding for the project, Amp holds 6% of the total $ACT tokens. However, as the project developed, Amp’s behavior gradually showed a tendency that was inconsistent with the original intention. He frequently sold $ACT tokens to make profits, making the community think that he paid more attention to personal interests. Ultimately, Amp sold off all $ACT tokens at once, disappointing the community and leaving many members feeling betrayed.

When Binance announced the listing of ACT, Lianchuang Amp of The AI ​​Prophecy publicly tweeted: “The ACT project does not have my permission and I do not want it to be listed on any exchange.”

$ACT’s Mission

After Amp left, the $ACT community became more united and ushered in the opportunity for independent development. Despite the ups and downs, ACT I eventually received more than $1 million in funding, providing stable financial security for the project. Community members actively assume leadership responsibilities and cooperate to promote $ACT to become a center for global AI enthusiasts and learners.

Today, the $ACT project has developed into a decentralized AI community whose core mission is to democratize AI knowledge and make it open to everyone. Through a variety of initiatives, resources, and community-driven content, $ACT is committed to breaking down barriers to AI knowledge and helping the public understand AI. The community focuses on supporting basic AI education, encouraging ethical discussions, and supporting research and development in the field.

Key components of the $ACT ecosystem

  • Education and Awareness: $ACT is committed to helping people understand the potential and risks of AI and ensuring universal access to knowledge.
  • Decentralized community: After Amp exited, $ACT became a completely community-driven project, with all decisions made collaboratively by community members. Anyone can join the $ACT community to participate in the crypto and AI ecosystem and support related educational efforts.
  • AI project support: Through ACT I and other projects, $ACT supports AI development initiatives and drives innovation and learning opportunities.

Future development vision

With Amp’s departure, the $ACT community is no longer subject to centralized control. This “betrayal” turned out to be an unexpected advantage, bringing complete autonomy to the community and providing ACT I with millions of dollars in funding. Community members embraced this new beginning, demonstrating pride in autonomy and resilience.

Today, $ACT is more than just a token or project, it symbolizes the power of community, education, and a shared vision. After getting rid of the influence of Amp, the community worked together to promote the popularization of AI knowledge and strive to leave a positive impact on the future of technology. $ACT represents an AI-powered crypto community that is owned, managed, and inspired by its members.