Matchain and Nuklai partner to enhance AI-based user ownership and monetization
Matchain Overview - August 14, 2024
Welcome to the Matchain Overview. A one-stop-shop for the Matchain community to get up to speed on the network’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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Matchain by the numbers
Network’s daily transactions: 310.86K (-10.23%)
Total unique wallets: 5.37M (+0%)
Total DIDs created: 956.3K (+.02%)
Matchain Fam Telegram subscribers: 1.57M (+9.79%)
The metrics are accurate at the time of publication. The percentage change is over a 14-day period.
Exploring the chain
🔥What we’re watching: Matchain partnered with Nuklai to create monetization opportunities for users with a focus on personal data ownership and AI enhancement.
🔥Why it matters: The two entities aim to provide users the ability to take control of their digital identities and turn their data into a source of revenue. This could offer Matchain’s community a streamlined way to monetize their digital footprints, if they choose to do so.
The partnership also aligns with Matchain’s mission to drive more development of AI and large language models by training them with user data. It points toward the broader vision of decentralized web3 ecosystems, where users are able to manage and own their data while contributing to AI innovation.
Some AI models today are trained by pulling one’s public data, without permission, or through generated avenues that aren’t always accurate. By providing the option to voluntarily share content and data, models can help AI become smarter in a more ethical way. And in turn, users can receive financial advantages for sharing their information.
🔥TLDR: As more users gain the ability to manage their digital footprints, the space can shift toward a more decentralized and user-centric data landscape. The partnership between Nuklai and Matchain can strengthen the existing data economy and set a precedent for future collaborations aimed at empowering individuals as the world becomes more digital.
Highlighting the Matchain Ecosystem
Matchain partnered with the XION blockchain to provide email and MatchID verification for chain interoperability
GrowthMate integrated its platform into Matchain to bring personalized ads to users on the network
MatchID will be able to allow users to generate yield rewards via partnership with Upton Finance
Phantom Arena, a web3 battle royale game powered by Matchain, released a feature update to allow equipable items
Check out the Matchain blog for more updates.
From the Matchain community
Want to dive deeper into the Matchain ecosystem?
Hear what Petrix Barbosa, Matchain CEO, had to share about data sovereignty in an interview with The Birb Nest
Matchain Chief Commercial Officer Jessie Xiao spoke on an X space about AI and its use in GameFi
PB&J podcast released an episode featuring Xiao and her journey with Matchain
Digibuy CEO and CMO hosted an AMA on X that dove into BAC, the platform’s native token
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.