Introduction
The last few years witness the meteoric rise of the content creator economy. Such a rise is now further fueled by the increasing ubiquity of generative Artificial Intelligence (gen-AI), whence the creation tools are powered with extraordinary AI capabilities. Expanding the gen-AI-powered creator economy on Web3 enables the creators to connect directly with their audience, assume complete ownership and control over their content and monetization avenues, thereby fostering a more equitable and sustainable ecosystem.
Nonetheless, onboarding users to the Web3 ecosystem faces several challenges, primarily stemming from its decentralized nature and the complexities associated with blockchain technology. Chief among the challenges are the limited scalability of the incumbent blockchain network, namely Ethereum, and the lack of friendly, intuitive UI/UX for end-users to interact with the underlying blockchain.
AIE Labs tackle these challenges via a suite of groundbreaking features that deliver an intuitive Web2-like experience to the Web3 application domain.
At the core of our suit is the AIE chain, which is an innovative L2 blockchain dedicated to organizing, categorizing, and distributing AI creations, enabling AI creators to monetize their work. AIE chain is built atop the Arbitrum AnyTrust protocol, inherits the security guarantee of the Ethereum network, while offering great scalability. The chain currently supports 5,000 transactions per second (TPS) and is on a trajectory to exceed 100,000 TPS by the next year.
In addition to the scalable chain, AIE Labs also provide DApp Developers with embedded wallets that implement Ethereum’s ERC-4337. These wallets support social logins, gasless transactions and enhanced security, thereby offering a seamless and intuitive user experience.
AIE Lab places a great emphasis on fast transaction confirmation, low transaction costs and friendly UX, positioning them as the main drivers in onboarding the next wave of users to genAI-empowered Web3 applications.