Delphi Digital: MyShell AI applications flourish and the creator economy

“Let AI applications flourish, and then catalyze them with the nutrients of financial speculation and social virality.”

Most personal assistant/AI companion applications don’t really need a cryptocurrency element. Open source models like Nous’s Hermes, which powers chatbots like Venice, already solve most censorship issues.

Because big tech companies already offer convincing standard solutions in terms of user convenience and practicality, MyShell has chosen a differentiated path - tapping into emerging trends such as the attention economy/creator economy, the multimodal LLM wave, and financial speculation.

If you also believe that the marginal cost of AI applications is trending towards zero, then the traditional labor model that supports our society will transform in the coming decades.

Everyone is a capitalist now! Capital has become the 99%, while labor has become the elite 1% - the few who master and use the tools of abundance.

The rest of us have become traders, speculators, and investors - not necessarily "financial nihilists", but "enlightened people" who realize that competing with data and computing power with hourly wages is increasingly like financial suicide. It is better to ride the wave of the tech giants and enjoy the dividends in the excitement of the options market while witnessing the deflationary impact of AI on the service industry.

MyShell was born in response to these trends: building a decentralized AI app store that combines the model layer, the platform ecosystem, and its own AI app store, driven by cryptocurrency incentives.

MyShell's mission is to build an open AI consumer layer that allows everyone to own, build and share their AI applications and agents, while connecting open source researchers, creators and consumers.

At the model level, MyShell has more than 100 open source models and integrates mainstream closed source options. Gradually, the component center provides creators with interesting and easy-to-use tools - from basic models to sound cloning, from personalized Stable Diffusion to GIF generators - to enrich MyShell's application layer.

AIpp Store

While it may seem unwise to compete head-on with the GPT Store, MyShell is betting that the underlying model’s selectivity, fewer restrictions, and giving a larger share to ecosystem participants will create a more vibrant consumer app ecosystem, especially in companion/entertainment application scenarios.

Cryptocurrency plays a role in incentives.

The early release of Patron Badge allows users to stake (i.e. speculate) on bots, and if these bots gain attention and use by other users, the staking users can earn points that can later be redeemed for ShellCoin.

Introducing financial gamification mechanisms for early AI creator applications is a smart move to promote virality. Just like meme coins, many applications may be short-lived, but the platform as a whole can continue to grow and develop.

Source: Not Boring: Small Applications, Growing Protocols

"Let AI applications flourish, and then use the nutrients of financial speculation and social virality to catalyze them."

Other materials: Bittensor Subnet 11『Dippy

Creators, AI This intersection of developers, consumers, and investors is an attractive space to occupy, but like any large market, it inevitably attracts fierce competition.

Nevertheless, these amazing new tools look set to usher in a golden age of user-generated content. In today’s fast-changing world, many users are keen to engage with familiar IPs: revisiting nostalgic characters from their childhood in new, more personal ways.

「 Original source」