Why does MyShell, a popular AI project on the Binance Chain, have a 40-fold oversubscription?

CN
PANews
Follow
6 days ago

Will the emergence of MyShell make AI Agents popular again on BSC?

Written by: Deep Tide TechFlow

What makes MyShell, the popular AI project on Binance Smart Chain, raise 40 times its target?

Today's focus is on MyShell's token $SHELL.

With CZ's return and the rise of Meme on the BSC chain, the $SHELL token IDO conducted today on Binance Wallet and Pancakeswap has also attracted considerable attention and real monetary investment.

Under the issuance rules of "planning to raise $800,000 in BNB, issuing 40 million $SHELL tokens, accounting for 4% of the total supply," as of the time of writing, the IDO has already been oversubscribed nearly 42 times, indicating a strong willingness of market participation.

At the same time, discussions on social media are visibly increasing rapidly.

What makes MyShell, the popular AI project on Binance Smart Chain, raise 40 times its target?

The real reason people are willing to participate is the foreseeable money-making effect.

Calculating based on the 4% $SHELL token raising $800,000, the total market value set for this IDO is only $20 million; according to KOL @EnHeng456, the data shows that MyShell's total financing amount in three rounds of public offerings has already reached $16 million, so the corresponding market value of the last round of SHELL should also be between $150 million and $300 million.

In other words, theoretically, hitting it means making a profit.

More importantly, MyShell is not just an empty AI Meme; it currently has the capability to create new AI Agents and tokenize them on its available product platform.

The rapid rise of Virtuals is still fresh in memory. In the context of a reshuffle in the AI Agent track and Binance seemingly intending to support the BSC chain ecosystem, will the emergence of MyShell make AI Agents popular again on BSC?

With this expectation, if you are just blindly rushing in without understanding what MyShell is doing, here is a detailed introduction to MyShell's products and functions to help you plan and judge in advance.

Your AI Toolkit and Market

There is already a lot of ready-made information about MyShell, but most of it is presented from the perspective of AI technology and lofty narratives, which may not feel intuitive.

If you have recently been bombarded with news related to DeepSeek and have tried to converse with it, you might as well start from the perspective of an ordinary user and see what the final interface of MyShell looks like.

  1. Chat Page Integrated with Mainstream AI Models

Opening MyShell's product page, you can clearly feel that one of its main functions is the AI chat dialogue you are very familiar with.

One good point is that MyShell has integrated various mainstream AI models, such as GPT, Claude, and the recently popular Deepseek.

You can start a conversation by directly entering text in the chat window, and like other AI pages you have used, there is almost no learning cost; you won't feel that this is a Web3 project. However, it is worth noting that each conversation requires consuming a certain amount of points.

What makes MyShell, the popular AI project on Binance Smart Chain, raise 40 times its target?

  1. AI Tool Market

Not only can you chat with the aforementioned mainstream models, but you can also converse with AI Agents created by others in MyShell, each with its own different functions and usage scopes.

For example, if you want to turn a photo into the style of a GTA game, you can choose one of the GTA Filter tools, upload an image in the chat window, and the tool will replace your photo with a GTA style in one click.

There are many similar tools, including more practical tools in various fields to enhance productivity, such as optimizing SEO, studying for IELTS, writing articles, and modifying code. You can understand it as a store built into GPT.

Official data shows that over 200,000 AI intelligences have been deployed on the platform, and the ecosystem is still rapidly developing.

What makes MyShell, the popular AI project on Binance Smart Chain, raise 40 times its target?

  1. Creation Workshop: Modular Construction of Your Own AI Agent

If you want to create an AI Agent yourself, you can also use MyShell's creation workshop feature.

Unlike casually making an AI Agent, the component library in MyShell is relatively powerful.

Generally speaking, creating an AI Agent requires calling various existing large models and functions, and MyShell has integrated over 100 mainstream open/closed source models; in addition, there are several self-developed open-source AI models, with three models already open-sourced on the project's Github, which have nearly 20K stars.

What makes MyShell, the popular AI project on Binance Smart Chain, raise 40 times its target?

In other words, if you want to build a house, this building block library is obviously more powerful, allowing you to modularly construct your own AI Agent by leveraging the strengths of various models without reinventing the wheel.

This feature may not provide immediate benefits to ordinary players; for light users, you can directly input prompts and specify tasks on this creation workshop page while calling MyShell's existing tool library.

For example, if you want to create an AI Agent that can chat with you, just call its voice library and GPT model.

What makes MyShell, the popular AI project on Binance Smart Chain, raise 40 times its target?

  1. AIPP Store: A Grand Competition for AI Application Tokenization

When you experience this part, you can feel the gameplay of Crypto.

The AIPP store is a core component of the MyShell ecosystem, where you can participate in the issuance and trading of AIPP like trading tokens, somewhat similar to the gameplay of AI Agents on Virtuals before.

The AIPP store also adopts a Bonding Curve mechanism, automatically adjusting the price of AIPP through supply and demand relationships.

When users purchase AIPP, its supply increases, and the price rises along the bonding curve; conversely, when users sell AIPP, the supply decreases, and the price falls.

What makes MyShell, the popular AI project on Binance Smart Chain, raise 40 times its target?

For example, if you are optimistic about a certain AI Agent, you can use BNB to purchase its tokens; the creator of this AI Agent can earn a portion of the transaction fees.

In fact, the purpose of this model is still price discovery, encouraging users to discover valuable applications early and spread them to others. Early investors can profit from rising prices while becoming nodes for spreading applications and expanding market influence.

So, what is the use of the $SHELL token?

The total supply of the $SHELL token is 1,000,000,000, and the tokenomics is briefly as follows:

What makes MyShell, the popular AI project on Binance Smart Chain, raise 40 times its target?

In terms of usage, the $SHELL token is closely related to the behaviors of different participants on the MyShell platform.

  • Token Holder

    Users holding $SHELL tokens can invest/obtain tokens and participate in governance. Token holders can also receive rewards.

  • Creator

    Creators earn $SHELL rewards by developing and publishing AI applications (AI Apps). Creators can use $SHELL to purchase data and promote the development of AI models.

  • User

    Users pay $SHELL tokens by subscribing to or using MyShell's AI application services. Users can also earn $SHELL as rewards when authorizing data usage.

  • AI Model Contributor

    Contributors providing AI models earn $SHELL rewards by contributing models. Contributors can also earn additional tokens through data trading.

  • API Developer

    API developers earn $SHELL rewards by contributing tools or services.

What makes MyShell, the popular AI project on Binance Smart Chain, raise 40 times its target?

From a more commercial perspective, MyShell can be seen as an AI service platform, where the token's commercial role is reflected in:

  1. Subscription and Membership Services (Membership Fees)

Users can pay $SHELL tokens to subscribe to high-quality AI tools or receive direct support. This membership model provides users with higher service value while creating stable demand for the token.

  1. Advertising and Promotion (Advertising)

Creators or supporters can spend $SHELL to advertise their AI applications on the MyShell platform, enhancing the visibility and exposure of the applications. This provides creators with market-oriented tools while incentivizing the emergence of more high-quality content.

  1. Application Collection and Incentives (Collection)

Users can pay $SHELL to collect AI applications from other creators. During the collection period, users can also receive incentives through $SHELL or other reward mechanisms. This mechanism encourages users to explore and support innovative applications.

  1. Products/Services Compensation (Products/Services Compensation)
  • Creator Income: Creators can charge consumers $SHELL tokens for accessing or using the services of their developed AI applications.

  • Data Trading: The MyShell platform may directly purchase data from users, paying $SHELL as compensation, further enriching the platform's data resources.

  1. Platform Fees (Platform Fees)

The MyShell platform will charge a certain percentage of $SHELL as a service fee for all the above activities. These fees will be used for the maintenance and further development of the platform.

Currently, there are no particularly outstanding projects among the AI Agents on MyShell. After the token generation event (TGE), whether more practical or attention-grabbing AI Agents or Memes can emerge in the ecosystem may become an important factor driving the price changes of the token.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink