Hey, how's it going? My name is Tim, the host for today is KuKu.5 side chat with CGPT, change GBT. Very happy to have you on. Are we still waiting on one more account? I wonder if we just get started.
Hi Tim. Yes, an hour and we can just get started.
Yep, awesome, awesome. Okay, so we have Elon the CEO of Chain GBT for everyone joining obviously CGBT seems to
you know, blend to very, very hot topics right now. Elon, maybe you can go ahead and introduce yourself, your personal background as well as the project at a high level.
Sure, so first of all, thank you very much then for having us here. It's always a pleasure to collaborate with Kukou in one way or another, especially with these Twitter spaces. I think it's a great way to engage with our community members and also some of yours. So first of all, thank you for having us and everybody who joins us here today.
Thank you for tuning in and listening to this. I believe at the end of it we will be able to also answer some of your questions as well. So first of all, my name is Ilan Rukmanov, I'm the CEO and founder of Change GPT. I come from a background of founding multiple companies in the United States, some in the tech industry,
industry some are not. And back in 2022, I got to work a lot with AI development, machine learning, more in the Web2 side of things. And back in August of 2022, I realized that there are actually no AI tools at all for, but three crypto
or blockchain-related use cases. So I knew this is my mission to create such a product. Later in September of 2022, that's when Change-PT came to life and we began developing the products, building a team, designing everything that we see here today. And less than eight months
later, change GPT completely came to life with its own token, CGPT, and some pretty incredible products that we've already launched within our prototype line and are integrated with over 30 pretty large projects already and we're moving at a really great pace. So in a nutshell, this
This has been more about my background and how Change-Bt came to life. Let's dive deeper into Change-Bt itself. What does it do exactly? For those who are not familiar, what kind of utilities are currently developed and what's coming next? What should the community and audience expect?
Sure, that's a really good question. So, which LGBT we wanted to close the gap between the retail investors and then the retail users of Web 3 and all the other entities such as capitals, developers, etc. And we wanted to make things more accessible
for retail. And what we did here by utilizing AI, we were able to create pretty incredible use cases such as we developed a model that generates smart contracts completely from scratch within 30 seconds or less. So users can describe what smart contract they wish to have and within 30 seconds our
I'm going to write a completely custom smart contract for them. We trained that model on the latest open source smart contracts that are also audited. It gives our users a very quality smart contract. Actually, CGPT token was created by our own AI model. It was audited by CERDIC.
and came back flawless. We also created a smart contract auditor tool that users can quickly audit any smart contract either their own, that they're working on, they can also audit others before interacting with them on chain. And then our auditor will provide them a quick audit report explaining if there are any
If there are any security issues or if there are any ways to optimize the contract in terms of gas optimizations, improvements, etc. Then we have our general AI model which you can use to analyze the market. You can ask it for crypto prices, volume. You can use it to write,
script code for all the traders that are listening to us and have no code knowledge. You can now use change, you can write pine script codes and run it on trading view. You can use our generally I for research. It makes it much easier rather than using Google. I believe most of us in the web space
experience it with web to search engines. When you're trying to research and learn about the crypto space, sometimes you go between an article to an article and they're usually either generic or very SEO focused rather than actually providing high quality content. And we solved that issue with ChangeCPT. Now you
you can use our AI to ask questions, research quickly and receive a very quickly high quality and reliable answers to actually help you study the space and look whatever it is that you're trying to learn in Web 3 crypto and blockchain. So these are the few use cases that are already available
on our website. And recently we have released a ChangeyPTAI also on Telegram. So you don't even have to go to our website is accessible to you on Telegram as well with all of the tools. And we have also released an NFT generator on Telegram. Already over a third
30 of our partners integrated change a PTAI on Telegram on their own groups and we found out that our Telegram bot is being used more than people chat between each other because it's people find it that good you can easily get your question answered with and whatever it is that you're
looking to know within the Web 3 space. What's coming next is our V1 platform where we expand our use cases that we offer to retail, but also to develop person businesses. We're releasing an AI NFT generator where a user can describe an NFT collection.
And within 30 seconds or less, our AI will generate 10 different examples of the NFT. The user can pick anyone they like the most. And then within another 30 seconds, generate a full NFT collection already on chain. And it works with every single EVM blockchain.
So this is in a natural a little bit about what's kind of already live in on our end. We have additional tools that we're releasing like an AI trading tool where users, even if you don't have technical analysis and chart analysis previous knowledge, the stool is equal
good for experts but also for beginners. You can use it to draw charts from most exchanges and most pairs and you can use our AI and its own knowledge to apply technical analysis parameters, strategies and as I mentioned previously
We can already help you with Pinescript coding, but this is going to be further improved and provide you a larger scope of Pinescript codes. And the best part here is that on our Telegram bot, you can also add your API keys.
and apply an automated strategy that will trade for you. So there is this AI technical analysis and trading bot that we're providing in V1 and it's expanded and will actually give retail users a fair chance against all the capital
that spent millions of dollars in bots and now everyone has an equal chance also retail users. So all these products are already live or these are in the pipeline or in the room. Yeah so everything I mentioned is already live
besides the trading AI model and the AI NFT generator. The AI NFT generator is partially available as a prototype on our telegram bot so people can describe images and generate them in our V1 which is coming in
about two months, people will be able to also mend those NFTs on-chain. Elon, so you mentioned you guys have I think several partners, you said 30 partners have integrated with you on Telegram, explain what that means, so why do you guys even have partners, how does that fit into the business?
Yeah, so we're opening up the gateway to AI models to any Web 3 company out there the wishes to integrate themselves to change the TDI and It's completely free. They can all reach out to us and we will train our model on
everything related to their project. It can be general information, so things like what does the project do, utilities, about their token, etc. But we can also add on-chain data, so it stays up to date with the price or whatever it is that the project does. So for example, some of our
partners like CDI, which is an ideal platform, which trained it to read on-chain data and also centralized live data. So what are the upcoming ideas, what's currently live, what's completed, people can easily calculate tokenomics and their investment
And we're here to make it super easy for companies within the web 3 space to integrate AI one way or another. In our v1, we're actually going to release most of what we're building as a some type of
type of open source SDK on our GitHub and every developer and every business can integrate these utilities or build brand new apps on top of our technology. Very easily they simply generate an API key on our platform and they can use all the technology that we're developing.
So we want to be the, we want to be the chain link of AI in Web 3. And we're building this infrastructure and we're looking to invite as many other companies as possible and support as many other Web 3 companies to integrate AI into their projects one way or another.
I want to move forward and discuss the business model and burn mechanism of the token. Can you because you said that you
or partnerships are free, right? So how do you guys actually have, you know, make money, have revenue as well as maybe go through the tokenomics with the audience?
Sure, so that's a really good question. So we want to be very welcoming to Web3 projects, right? We want our Change GPTAI model, especially on Telegram and Discord,
be available as many groups, as many websites as possible. So you can even integrate our chatbot on your website as a web3 company.
Now the way we are actually generating revenue is that we have free offerings but that we have also White label solutions a lot of projects instead of having changed your PTAI would prefer to have the name of the project AI as a telegram bug so we have levels of
products that we're already offering in B2B and those do have a cost. Then we have some custom products that we offer or maybe customizations that will require some dev work on our hand and then that also comes with a cost in addition
to the white label solution that we're already offering. Then in the V1 product that we will release in the next few months, if a developer or a business would like to build their own product on top of ours or integrate, let's say, our NFT generator into their NFT platform, which we have a few
clients who are going to integrate that in the next two months into their NFT platform. So they generate an API key and every single time the product is being used on their end and there is an API request, they're being charged for that API call in CGPT token.
And every time we sell a white label solution or really generate any revenue at all, we charge in CGPT tokens, and if for any reason we charge in USDT, then we do a buyback. Now, 50% of all the revenue generated on-chain GPT is being burnt out of the supply.
And the remaining 50% is going towards treasury, marketing, etc. So this is actually the way our burn mechanism works and the more the more partners that will join our ecosystem and begin building on top of change. GPs API. It will bring us obviously
a much higher volume in in burns and it's all fully automated. We're releasing additional products this month. It's not announced yet so I'm not gonna give a spoiler just yet but we're announcing
additional products where users use them, it burns automatically tokens. Then our tools that we're offering to retail right now in the prototype, everything we release is fully free, but it's not going to stay this way forever. When we migrate to v1, some of the more advanced tools like
generating smart contracts, auditing smart contracts, old technical analysis and AI trading tools, these will be premium features that users can either access by staking a certain amount of tokens, which will give them premium access to the AI a month. There will be an NFT collection
in the future that holders will gain access to and those who all that will be able to have some type of access to the premium features or there is a PPP plan which is paper prompt. If you don't want to stay or hold an NFT during the V1 launch, then you
can pay a prompt for the premium features and every single time you generate a contract you pay in CGPT. And that goes to our revenue model, which 50% of it is burnt out of the supply. So there is a lot of ways in which we designed our business model to actually support the burn mechanism.
Got it and I'd like to go through the roadmap in a little bit more detail. You mentioned some upcoming
coming plans with the NFT generator, etc. Can you explain anything else that the audience should be excited about that you're allowed to share?
Sure, so the NFT generator came to life truly because when we were planning our own NFT collection, we realized that designers in the space charge anywhere between 30 to 300k, which really heard all kinds of quotes.
And we realized that there truly should be an AI product that can provide that service to retail. So we started quickly building our own model, the Generates Photos, that there are very NFT style. And we brought this application to life.
And with this application, users can simply explain the type of model, the type of NFT collection they're looking for. They connect their wallet on any chain that they're wishing to mint that NFT. So if it's Ethereum or Binance Smart Chain, we support every single on the specifically on the NF
the generator will support every single EVM chain, any Ethereum compatible virtual machine chain. So they connect their wallet, they describe the NFT they wish to mint, they get to see 10 options, they can also just generate another 10 options until they see the style that they like or envision, and then they
They can simply min that collection. They can min one unique NFT or they can min one NFT with an option to min two more into the same exact collection within the same exact style or they can just simply min a thousand piece NFT or a 10,000 piece NFT without additional
without the option to mint more in the future. And the way we have designed the NFT generator is pretty unique. It's fully supported by AI. The code is created automatically. The smart contract of the NFT is also created automatically. And on the retail end,
clients really doesn't need to do anything besides clicking two buttons. Describing the NFT, clicking generate art, and then clicking mint on chain. And this is about it. It's a process of 30 to 60 seconds total. And our goal with that is to actually support as many businesses
within the web3 space that have either NFT marketplaces or any NFT related project and offer to them in a very affordable rate with API request which will generally bring AI to their platforms and truly an incredible product but then at the same time increase our volumes with the burn
mechanism. And we already have a wait list for this NFT generator and we were recently joined the Kickstarter program of BNB Chain. So any BNB Chain ecosystem partners can actually get a discount rate for this product as well.
Okay, we have almost 100 requests to ask questions, which is great. Sure. Before we move on to the audience section, let's just one more thing. I'd like to ask you, if you had to describe Change GBT in three words, how would you describe it?
If I had to describe it in three words, I would go with a Web 3 superpower. I think that ChangeyPTAI is truly unleashing a superpower that's actually our slogan as well.
It really doesn't matter if you're a retail user, a trader, a developer, which Android GPD AI it's simply going to improve your workflow in every single aspect possible. If you're a developer, rather than writing solidity smart contracts line by line,
you can now explain what you're looking for and I will generate that for you within 30 seconds. If you are a trader rather than applying technical analysis strategies and parameters manually, you can now within seconds call the chart and
and tell REI to apply certain strategies and even advise it for technical analysis for you. If you're a retail user, you can quickly research the Web 3 space and learn much, much faster. So whatever it is that you do within the Web 3
and blockchain space using change IPTI, it's like having a superpower. That is in my own opinion. Awesome. Okay, so first up, we have Chen Crypt. Can you please unmute yourself and go ahead.
Yeah, I'm out of the boat. Yes. Okay, basically my question is, or I'm just wondering what are some of the potential
future directions or advancement for a change of ptp project like what's the sum of the inputs you um you see this having on the field of no natural language processing
Yeah, so the impact that we're actually having in terms of a natural language model is that because the way we train our own models, we pick very high quality resources and then we also broke down our utilities with its own models. So we have a model in charge of
programming, we have the general AI model that has the general web3 crypto knowledge, and we have the NFT model that's very NFT style specific. And the way we train our models is that over 95% of the data set of that model is related to its specific use case. So
As many people know when it comes to Generative AI models, if you train it on a large database, you can actually guess answers and provide you the wrong answer overall. So the way we did it, we actually broke down each model and we cherry picked the information that we're feeding to the model. We have blockchain
and machine learning engineers and our team were 40 people and 17 of them are engineers. Our AI team is being led by an award-winning computer scientist called Dr. Adnan Tarik with his specialties, blockchain and machine learning and AI.
The way we train our models is pretty unique in comparison to a lot of the other more generic AI tools out there. And that's how we can actually ensure high accuracy and high quality responses from our models. And I think the way we operate, we will also release a research paper in the
future, I think we will greatly contribute to the AI space, especially to startups to learn how they can create more unique specific AI tools for whatever industry they're in and how to actually improve the accuracy of the answers. Got it. Next up, we have Quinn. Go ahead.
Thank you very much for bringing me up to speak. I just want to know, look at the charts, change the PC projects. I want to ask some of the partnerships that you guys have made so far and I want to open the progress of these great projects. Thank you.
I apologize. Could you repeat that again?
All right, I don't know what I was talking about. What are some of the clients, parts of my sheet that you guys have made in regards to the change of the project and how has it happened in the progress of the project so far? Oh, that's a great question. So we've done, honestly, we've done a ton of partnerships so far.
Every partnership was beneficial to change a pt one way or another. We actually don't accept any partnerships that are just looking for cross marketing or anything like that like many projects do. We only based our partnerships on legitimate collaborations. So if it's either
and integration of technology, either they're providing us data or we're providing them with an AI integration or a custom product. So this is the type of partnerships we're building. So these are legitimate long-term partnerships that the fundamentals are the technology.
technology and building together, especially in this environment, in what people would call a bear market, as many partnerships that are based on truth and the mental is possible, it would be to us beneficial on the long run. Recently we have came to terms with a BNB chain where they
They added us to their Kickstarter program and exposed us to their very large network of partners within the space. We partnered up with some really large data providers and aggregators to help us improve the accuracy in terms of life-priced data, supplies, etc. Because our model can
already give you some on-chain data. And we partnered up with, we haven't announced these partners yet, so I cannot name them, but we partnered up with some of the largest players in the space to provide super accurate on-chain data to our users. So in terms of our goal is to always partner up
with projects, but in a form of technology and some type of integration, either we help them with AI or they help us with some other type of tech. So generally speaking, this is the type of partnerships we've been having, and I believe we've already formed over 30 of those. And then in
The next week we formed a partnership that we haven't announced yet as well with a company called DECRIPT, one of the best news and educational website for Web3. And we sponsored a course about AI and Web3AI specifically that also died
deep into change in PT and what we're offering, but also in general machine learning AI is in the blockchain space. So we're doing a lot of different partnerships, so either educational, technology wise, etc. Awesome. Okay, last up we have Atlantis. Go ahead.
Hello, I may be able yes, high plants. Yeah. Yeah, I want to ask that are there any plans to expand chat deputy beyond the block and end-create purpose or military means focus on the nature.
Yeah, we're we're solely focused on the web three space. There's actually a lot more for us to build than than what we're what we have on our roadmap. We have additional products that we actually didn't put to our roadmap and also many more
products that some Web 3 companies are asking us to build that we can see that will be applied to many other companies than just those asking us for. So there's truly so much more to build in terms of AI in the Web 3 space and this is what we're doing.
This is our niche and we're going to stay within that industry. There is other really great AI companies that already are building in other industries. So I don't think we will have added value there. Awesome. Thank you so much, Elon. That was extremely insightful and I'll definitely
check out, change GBT in more detail after this chat. I'd like to thank everyone else for your time again to join. And then Elon, do you have any last final thoughts where we could find out more information about you guys or anything else you'd like to announce to the audience?
Yeah, so first of all Tim, I would like to thank you for this really great Twitter space and AMA. I truly appreciate it. Always a great pleasure. I'll be more than happy to come back again with more updates as we release additional products. Everyone who's listening to this AMA, thank you guys for joining us today. We do AMAs on a regular
their basis. And if you wish to stay up to date with the latest change in PT news, feel free to join us on Twitter and follow us either join our telegram and discord group. But all the announcements we have, all the exciting news we're releasing are all on our Twitter page. So the account I'm speaking from right now
You can simply click on the icon, follow us on Twitter and stay in the loop. Awesome. As always, this is educational and entertainment advice only, not investment advice. Thank you guys, everyone, for joining and Elon. I hope to see you guys very soon. Bye. Thank you. Bye-bye, everyone.