AI and Cryptocurrency Are Combining to Create Web3’s “Multiplayer Era”

Technology hype cycles of excitement and attention are as much to look forward to as the seasons change. This year’s topic revolved around artificial intelligence (AI).

OpenAI’s ChatGPT will either save the business world or automate it. Stable Diffusion and the Lensa app will either destroy the art industry or open up a new world of creativity for the creative novice. As with all innovations, these tools will cause as many questions and concerns as Optimism use cases.

b>”Cultural Week”. eitgeist until you become a cat meme.

The world will continue to refine, standardize, and identify long-term needs for these technological capabilities, but they promise: AI art tools allow creators to communicate their ideas quickly and at a lower cost than ever before.

Web3 project teaches people how to co-create

While independent creators can use AI art apps to create artwork without collaborators, the Web3 project can help people learn how to co-create stories and compositions in real time. Non-fungible token (NFT) series such as Broadside, DC Bat Cowls and DuskBreakers aim to bring audiences together through highly interactive features of ownership access. They are designed to create a community and allow that community to co-create.

These generative storytelling NFT items give each holder a character and the key to shape the world of the story. For some series, such as the original Batman comic book series “Batman: The Legendary Hood,” work is done in real time by DC Comics artists based on community votes. Other projects like Broadside grant collectors the ability to write and create their own world stories thanks to the CC0 license.

Likewise, governance tools provide a framework for individuals to learn how to co-create. DAOs rely on collective decision-making powered by Web3 technologies to guide the growth of shared tools, resources, and environments. While these public structures have also evolved along with regulatory precedent, it is clear that two major innovations are taking place, and as they converge, very interesting things will emerge.

multiplayer era

What we’re starting to see is the foundation of an era of creative multiplayer:

• AI art tools help creators communicate and conceptualize ideas quickly.
• The Web3 community creates source material and distribution channels for communities who share and are interested in sharing content.
• Web3 tools allow the community to have a greater voice and share in the decision-making process of shared intellectual property.

Just as AI art tools showed us how to exchange ideas quickly, Web3 tools help us co-create projects in a fairer way.

See also: What kind of culture are we building in Web3?

If you want to bring ideas to life, you can now quickly create your first idea. If you want to start building a project for the projects you create, you can leverage Web3 mechanisms such as tokenized ownership, story generation, and governance.

As these technology categories grow together, the possibilities for shared creation are exciting. With more access and more engagement, what will the future of storytelling look like? As we start to collaborate more deeply with code, we may also start to collaborate more deeply with each other.

Learn more about Consensus 2023, CoinDesk’s longest running and most influential event bringing together all aspects of cryptocurrency, blockchain and Web3. Go to consensus.coindesk.com to register and purchase your pass today.

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