In the fast-evolving world of crypto and artificial intelligence, groundbreaking innovation is constantly emerging. Recently, at the BeWater AI Crypto Hackathon, a startup named Assisterr made waves, demonstrating the powerful synergy of these technologies. This University of Cambridge-based team didn’t just participate; they conquered, taking home not one, but two significant prizes!
Double Victory for Assisterr: Neo Bounty and Tokenized AI Track Champion!
Assisterr impressed the judges and fellow participants at the BeWater hackathon, walking away with:
- The coveted US $2,000 Neo Bounty
- The prestigious $5,000 first prize in the Tokenized AI and Incentives track
This double win is a strong validation of Assisterr’s innovative approach to AI, particularly their focus on community-owned small language models (SLMs). Their winning solution was not just theoretical; it was practically deployed on the Neo X EVM sidechain TestNet, showcasing real-world applicability and technical prowess.
What is Assisterr and Why is This Win Significant?
Assisterr is not your typical AI startup. Originating from the prestigious University of Cambridge, they are pioneering a network of community-owned small language models. But what does this mean, and why is it important?
Imagine a future where AI expertise isn’t concentrated in the hands of a few tech giants, but rather distributed and accessible to communities focused on specific niches. That’s Assisterr’s vision. They are building tools to enable communities to:
- Collaborate on developing specialized AI models.
- Aggregate their unique knowledge and expertise.
- Deploy these SLMs for practical applications.
- Monetize their contributions and benefit from the AI ecosystem.
Their victory at the BeWater hackathon highlights the potential of this decentralized approach to AI development. By building on the Neo X EVM sidechain, Assisterr is also tapping into the power of blockchain technology to ensure transparency, security, and community ownership.
Tokenizing Expertise: The ASSR Token
How does Assisterr plan to incentivize and reward community contributions? The answer lies in their native ASSR token. This token will be distributed to individuals and entities who contribute valuable data and resources to the Assisterr ecosystem. This tokenomics model is designed to:
- Reward data providers for sharing their knowledge.
- Fuel the growth of the SLM network.
- Create a sustainable ecosystem where everyone benefits from collective AI intelligence.
Excitement and Future Collaboration: What Assisterr and Neo Say
Nick Havryliak, co-founder of Assisterr, expressed his enthusiasm about the win, stating:
“We treat hackathons as a great playground to test R&D ideas, meet potential strategic partners, and work together on ideas that are valuable for industry on a scale, but shouldn’t be perfect immediately. We appreciate the support and hope this will be a great start of a long-term collaboration between Assisterr and Neo, beneficial for both our communities.”
This quote underscores the value of hackathons as incubators for innovation and the potential for a fruitful partnership between Assisterr and Neo. Neo’s support and the hackathon platform provided Assisterr with the perfect environment to validate their ideas and connect with key players in the blockchain and AI space.
Join the Assisterr TestNet Campaign!
Want to be a part of the Assisterr journey? You can! The team is currently running an incentivized TestNet campaign to test and refine their AI agents. This campaign, running for another 1-2 months, offers community members a chance to:
- Participate in multiple stages of testing and development.
- Run AI agents locally and contribute to performance improvements.
- Engage in social media activities to spread the word and build community.
This is a fantastic opportunity to get hands-on experience with cutting-edge AI technology and earn rewards while helping shape the future of community-owned AI.
Looking Ahead: A Developer Relations AI Agent for Neo
Assisterr’s vision extends beyond the hackathon win. They are already looking towards the future, with plans to add a dedicated developer relations AI agent to their SLM store. This agent will be specifically trained on:
- Neo’s technical documentation
- Neo’s codebase
The goal? To empower developers within the Neo ecosystem by:
- Increasing exposure to Neo’s powerful tech stack.
- Accelerating dApp development through readily available AI assistance.
- Onboarding new users to the Neo platform with less friction.
This initiative demonstrates Assisterr’s commitment to not just building innovative AI solutions, but also contributing to the growth and accessibility of the broader blockchain ecosystem, particularly within the Neo community.
About the BeWater Crypto Hackathon
BeWater is a well-known builder community that excels in managing open innovation campaigns. Their recent Crypto Hackathon in Singapore served as a vibrant hub for exploring the exciting intersection of blockchain and AI. The event was a significant undertaking, featuring:
- A total prize pool of $60,000, distributed across five competitive categories.
- Judges from industry leaders, including John Wang, Head of Neo Eco Growth, who evaluated the final submissions.
- Sponsorship from major players in the crypto space, such as Neo, Near, Ora, ARweave, OKX Ventures, and BNB Chain, among others.
The BeWater hackathon provided a crucial platform for projects like Assisterr to shine, fostering innovation and collaboration within the blockchain and AI sectors.
Conclusion: Assisterr’s Win Signals a Bright Future for Community-Owned AI
Assisterr’s double victory at the BeWater AI Crypto Hackathon is more than just a win for a startup; it’s a promising sign for the future of AI. Their commitment to community-owned small language models, powered by blockchain technology and exemplified by their success on the Neo platform, points towards a more decentralized, accessible, and collaborative AI landscape. Keep an eye on Assisterr – they are definitely a team to watch in the exciting intersection of AI and crypto!
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