The crypto market knows different trends. This time, the market trend took inspiration from a worldwide trend: AI. VectorChat is using Artificial intelligence, which has become an integral and pervasive force, revolutionizing the way companies operate.
From streamlining repetitive tasks to enhancing decision-making processes, AI is woven into the fabric of daily business operations. It powers chatbots for customer interactions, automates routine processes for efficiency, and analyzes vast datasets to uncover valuable insights. Moreover, AI contributes to personalized customer experiences, optimizes supply chain management, and aids in predictive analytics for strategic planning. Its versatility and transformative capabilities make AI an indispensable tool, driving innovation and reshaping the dynamics of modern business life.
Token and Price
VectorChat is an Ethereum on-chain meme token. Trading is possible by using their Contract Address 0xBb3D7F42C58Abd83616Ad7C8C72473Ee46df2678 on DEXTSwap. The volume has reached a solid $200K in the past 24 hours. The market cap is currently around $380K. In the past two days, the team has shown its marketing capabilities because the chart looks healthy and active. But also its communication with the community has been great, with frequent updates on progress and improvement of the utility.
Utility
Unleash your creativity with the user-friendly platform, designed for crafting unique AI characters tailored to your preferences. The intuitive creation process empowers you to design and bring to life virtual personas. Customize and shape an AI character that aligns seamlessly with your vision. Then experience dynamic AI conversations with characters that you made or use a character from the community.
You can also monetize your characters or use another character by paying the creator of it. Monetization options include a one-time fee, a subscription model, and a per-inference fee. Users have flexible choices to suit their AI character usage preferences.
VectorChat’s Team
There is no history of the teams’ projects. We did not find any, so we asked in the telegram group. We got confirmation that the team behind the project has not worked together yet and that they do not have any experience. But we believe that the team is doing a great job on every aspect of a launch. With the efforts that they put in and the growth that the project has, we certainly would think that an experienced team is working behind the curtains. At this point, you could ask the owners to launch any project and you know they would do it well.
Community
With growing numbers on their X and Telegram, the community is showing signs of engagement. From engaging on posts and spreading the word of the project, it is vital for any project nowadays to grow organically that way to attract a solid base of investors. New members are not spammed with buy messages, which happens mostly with meme tokens. Here, it is all about trust and believing in the utility of the project.
Additional Info
There is a lot more information that you could get from their GitBook documentation. We want to emphasize one more point here, but now you can find all the information about the project by pressing the link.
So here is one more subject we certainly want to bring attention to. Phase 2, which will be introduced soon, holds a pivotal feature, providing user control over interaction costs and distribution of community rewards. This development marks a crucial step in the platform’s evolution. The reason for bringing this subject up is that we expect an increase in value once this new phase is put into motion. Currently, the Beta Platform is free and accessible but will be paid for in Phase 2.
Conclusion
With AI taking over all aspects of the digital world, it is no surprise that crypto adopted the trend and introduced it with its unique features. Together, AI and Crypto, are both revolutionary inventions, and combining them could attract a lot of investors. That is how VectorChat was made, by looking at what the market lacks and what people ask, the project offers real value. Compared to most on-chain AI projects, this one stands out by far.
