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Binance Labs has made a strategic investment in MyShell, a decentralized AI ecosystem, through its Labs Incubation Season 6. MyShell aims to create an equitable creator ecosystem by allowing users to build, share, and own AI applications. The platform is built on four key pillars: an open-source model layer, an AI creator platform, an AI app store, and an incentive network.
Yi He, Co-Founder of Binance, expressed enthusiasm for supporting AI-powered consumer applications, while MyShell's Co-Founder, Ethan Sun, highlighted the platform's goal of revolutionizing traditional AI production. MyShell's integration of open-source models and its user base of over 2 million users positions it as a significant player in the AI and crypto space.
• Binance Labs invests in MyShell's decentralized AI ecosystem.
• MyShell aims to foster an equitable creator economy through AI.
MyShell exemplifies this by enabling users to create and monetize their AI applications collaboratively.
This concept is central to MyShell's philosophy of promoting collaboration and innovation in AI development.
MyShell's AI creator platform is designed to empower users to develop and share their AI solutions easily.
Binance Labs, as its venture capital arm, focuses on supporting early-stage Web3 projects like MyShell.
MyShell's innovative approach integrates open-source models and aims to create a collaborative environment for AI development.
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