Words to wake up your senses

Welcome to the Sensorium Corporation Blog. Here you can find our latest news, business case studies, and industry insights on artificial intelligence, virtual reality and blockchain.

Latest news

What Is ChatGPT-4 and How Can You Use It
There’s hardly a hotter topic in tech right now than artificial intelligence, with millions embracing ChatGTP, either out of curiosity or a useful tool to help complete tasks and perform better online searches. There’s no doubt that chatbots have come to play a significant role in modern-day communications, especially as virtual assistants, but AI-powered chatbots are a completely new breed of communicators. They’re exponentially more complex and wildly versatile given their incredible capabilities in understanding natural language, responding quickly, and providing personalized customer support. Among the most advanced AI chatbots is ChatGPT-4. In this article, we will explore what exactly ChatGPT-4 is, how it differs from its predecessor, ChatGPT-3.5, and how you can start using it today. ## What is ChatGPT-4? ChatGPT-4 is an AI-powered chatbot developed by OpenAI, a research organization dedicated to creating advanced artificial intelligence technologies. ChatGPT-4 is based on the Generative Pre-trained Transformer 4 (GPT-4) language model, which is the latest version of the GPT series. The GPT-4 model was trained on a massive amount of text data - as much as a rumored 100 trillion parameters - to help it understand natural language and generate human-like responses. In addition, this chatbot relies on a large multimodal model, accepting image and text inputs while emitting text outputs. ChatGPT-4 is designed to engage in human-like conversations, provide personalized responses, and understand the context of any conversation. It can also be trained to perform a wide range of tasks such as answering questions, summarizing text, generating lines of code and even creating song lyrics.
5 Best AI Chatbots To Know In 2023
Providing quick, personalized, knowledgeable, and proactive online customer support has become a prerequisite for the success of any company. Unsatisfactory support services may result in a bad reputation and lost customers for your business. An AI chatbot, or a chatbot tool, is a digital technology solution mainly used for customer service and delivering promotional or otherwise useful content. Using artificial intelligence technology, an AI chatbot can convincingly replicate a user's chat-based interactions with another human. Initially, businesses had to create a support center, train the employees, and pay their salaries to run the customer support processes. These services were always prone to human errors and communication barriers. Also, human-based customer support services were limited to shift timings and couldn’t be available 24/7. AI allows computer programs to simulate a user conversation with a natural language through messaging applications. More and more brands are now leveraging AI chatbots to provide service to their customers and even market their brands. ## What is a Chatbot Platform? Artificial Intelligence chatbot platforms, or AI chatbot apps, are virtual assistants communicating with people using natural language. A customer will, therefore, not have the sensation of talking to a machine. This is possible thanks to artificial intelligence and pre-set answers designed to simulate a human conversation. Chatbot is derived from combining the two English words “chat” and “robot.” Initially, automated chatbots were available as rule-based chatbots. They were programmed for specific tasks and were limited in functionality. Modern AI chatbots can deliver a human-like conversational experience in an instant messaging style. They can understand user intent and learn different phrasing in which questions are being asked. They use natural language processing (NLP) and machine learning to simulate a user conversation. An AI chatbot platform is nothing more than software based on AI, conceived and designed to answer user questions automatically. ## Main Features of AI Chatbots To Look Out For When deciding on an Artificial Intelligence chatbot technology for your website, check out the main features of the different AI chatbot platforms. This will prevent you from missing out on any important feature your business might require. Modern customers are connected to brands through various channels across the internet and demand instant solutions to their problems. Precisely for this reason, the AI chatbot is mainly used to offer quality customer service. This is advantageous for both businesses and customers. The best AI chatbots also offer mobile apps that can be used to access services. Your chatbot platform should offer unlimited chat history to avoid paying for extra memory. The AI chatbot technology allows companies to cut costs by offering a 24-hour service without hiring extra staff for night shifts. This also helps the companies increase the degree of customer satisfaction and allows consumers to receive the information and support they need quickly and at any time. ## Changing Customer Requirements Customers are now connected to the brands across a number of platforms. This includes the website, social media, and the official app. Therefore, companies must determine how support can be provided across all platforms. In addition to customer care, AI chatbots can help companies in sales processes such as lead generation, telling a story through a storytelling strategy, or supporting the purchasing process for an online shop. To understand what AI chatbots are, you need to think of the Internet, which has accustomed you to a remarkable response speed compared to the past. Thanks to search engines that can provide us with enormous information on all our questions. For this reason, as a user, you might find yourself extremely frustrated when you find yourself immersed in offline processes - often cumbersome - which take away your time and attention. This is enough to explain the AI chatbot phenomenon, which, thanks to the advances in artificial intelligence, makes it possible to communicate with machines and obtain answers, albeit to specific and circumscribed questions. ## Benefits of Artificial Intelligence Chatbots Online AI chatbots are excellent for automating customer support and lead generation tasks. They are mainly designed to provide information or services to customers without human interference. AI allows bots to understand user requests and provide programmed and personalized responses. It is no coincidence that these programs are used to give consumers a high-level service through different communication channels, becoming a precious aid for omnichannel marketing. In summary, it can be said that the most important benefits guaranteed by AI chatbots to customers are essential: Generally, an AI chatbot provides information in FAQs, content regarding products or services, and everything that users can usually acquire from a customer service operator. Using AI chatbots, companies can considerably save the time and costs associated with human resource activities. These efforts can be used to carry out other important activities. Following are some major benefits of using artificial intelligence chatbots for your business: ### Round-the-Clock Availability AI chatbot software is online and available 24/7 and at a very low cost for businesses. In short, it is like always having active customer assistance. Unlike people, once an AI chatbot is installed, it can handle requests at any time of the day. This way, the customer doesn't have to wait for help from a company operator. ### Reduced Costs AI chatbots eliminate the need for manpower during online customer interaction. This is obviously a big plus for companies that get multiple requests simultaneously. In addition to cost savings, businesses can align the AI chatbot with their goals and use it as a means to improve customer conversion. ### Learning and Updating One of the main advantages of using AI-powered chatbots is that they keep self-improving their conversations and interactions through machine learning capability. When hiring a new employee, regular training is required. However, AI chatbots "form" themselves (with some limitations). ### Improved Assistance AI chatbots can handle most of the customer service tasks and independently manage some requests for assistance. AI chatbots can be entrusted with the most common requests, such as the telephone number of the various departments, how to replace a product purchased by mistake, how to make a return, provide delivery status, and other requests that do not require human interaction. Only the most complex requests that require more accurate explanations can be passed on to customer service. By using AI chatbots, businesses can achieve greater automation and efficiency in managing assistance requests, and no customer will be left waiting for answers to trivial questions. Human agents can deal with a limited number of clients simultaneously. This restriction does not exist for AI chatbots, which can handle as many requests as needed at the same time. This is one of the main advantages of using AI chatbots, as no customer is left unattended, and several problems are solved simultaneously. Currently, AI chatbot companies are already working on developing voice AI chatbot services. ### Seamless Transactions AI chatbots can be used to manage simple monetary transactions and provide recommendations. For example, in online booking services, you can ask your customers questions and thus obtain all the information you need to find the best tickets or solutions for them. By allowing customers to book services online independently, you will have satisfied customers and build a good reputation for your business. AI chatbots can effectively manage monotonous banking tasks such as blocking stolen cards, identity verification, and confirmation of transfers. In the future, AI chatbots could also be used in e-commerce platforms to manage the return of goods or the replacement of individual items. Customers may also be able to update or cancel their orders. ### Enhanced Data collection When a customer requests assistance remotely, several formalities are performed to verify the person’s authenticity, such as collecting the main data concerning them. For example, the authorization to manage the account remotely and other additional information such as email and telephone number is verified. An AI chatbot application could be used to speed up the procedure before passing the request to an operator. In this way, the resolution of the problem will be faster, and the operator will immediately have all the main information they need at their disposal. It will allow you to resolve customer queries instantly. ## How To Add an AI Chatbot To Your Website? Simple integration alone is not enough to guarantee the AI chatbot's success on your website. You need to devise a strategy that must be planned to obtain excellent results. You must identify the goals you intend to achieve and the most suitable type of answer to pursue them. If the AI chatbot has to respond to user requests, you must set up responses to satisfy them. This will only be possible if you know your target and its needs. The AI chatbot must be implemented in a larger marketing strategy as it can only prove useful if placed in a well-defined system. If your website is not easily navigable or your social pages are not taken care of, a virtual assistant can provide no added value to your customers. It is therefore advisable to analyze and, if necessary, intervene on these aspects before proceeding with the implementation. The next step will be identifying the most suitable channels for the best performance. You can decide whether to implement the AI bot on your website or instant messaging platforms, such as Facebook Messenger, Apple business chat, and WhatsApp are the most used to date. ### Personalized Customer Journey Design It is necessary to use a personalized customer journey design service, where the processes and priorities of the service are defined. This will allow the service to establish the operating margin of the bot, the tasks it can solve on its own, or when the intervention of a human operator is necessary. Furthermore, a system for monitoring the efficiency of AI ​​customer service must be defined through KPIs that can be analyzed and allow for better performance to be obtained. Furthermore, the evolution of AI must not be missing through the continuous improvement of its interaction ability. One of the paths to pursue is that of emotional analysis, which allows conversational AI to analyze the customer's feelings and emotions from the tone of voice so as to be able to offer a deeper understanding of the request and consequently respond in an increasingly efficient way. ## What Is The Future of AI-powered Chatbots? AI chatbots are expected to revolutionize customer support and be a crucial driver of business success. AI chatbots are constantly updated to provide seamless, realistic, automated conversations. Using conversational AI for customer service opens up various future perspectives that guide toward ever-greater automation of contacts and transactions. AI is helping chatbots, and voice bots reproduce more "human" behavior. You need to focus on a "trained" artificial intelligence algorithm. This will allow you to switch from a responsive to a predictive perspective so as to be able to positively change customer care management and consequently increase the customer's customer experience. In the future, AI chatbot adoption by businesses will likely increase rapidly. ## Best AI Chatbots In 2023 All AI chatbots have the common purpose of automating customer support and sales tasks for you. Below, we will discuss some of the best chatbots you can use for your business. ### Infobip
What Is An AI Chatbot? Top Things You Need To Know
AI chatbots have been thrust into the realm of relevancy with the advent of Open AI's ChatGPT, Google's LaMDA, and multiple other companies trying to keep up with the AI revolution. This begs the question, what exactly is an AI chatbot? And, what are the distinct advantages and disadvantages that chatbot technology brings to various sectors present within society? ## What Is An AI Chatbot? In layman's terms, an AI chatbot is an artificially intelligent program specifically designed to interpret human language, process it, and then output results based on its understanding. Depending on what kind of chatbot it is, these answers can be quite varied. For instance, an AI chatbot platform specifically meant for customer inquiries might not be great at summarizing a letter, but it'll be excellent at customer interactions. Similarly, while OpenAI's ChatGPT might not be able to lodge a complaint, it is excellent at answering more general questions. For instance, while a regular chatbot is constrained to a particular ruleset and cannot go beyond it, an AI bot can contextually understand a question, even if it has never seen it before, and provide a relatively accurate response. As an example, healthcare providers can use AI chatbots to quickly filter out and respond to medical queries based on their urgency. In situations like these, developing a rule based chatbot that can identify injuries based on whether they are critical is nigh impossible. On the other hand, an artificially intelligent chatbot can easily bifurcate between the urgency of a particular medical question based on the sentiments and urgency the user is expressing alongside cross-matching the particular situation with its index of databases and therefore is able to output a relevant response. ## How Do AI Chatbots Work? AI Chatbots use natural language processing (NLP) to interpret input and also generate contextually aware output. Here's how the machine learning algorithm of an AI chatbot works: 1. The AI chatbot picks up contextual input 2. The input is bifurcated into portions and the sentiment, tone, and intent are understood by using natural language understanding (NLU) 3. Now, the input is matched up with its intent and relevant information is fetched from the database 4. Once the information is filtered and fetched, it is presented back to the user as a form of output by using natural language generation (NLG) This particular approach to a chatbot is static in nature. In essence, this model does not improve over time. Therefore, this kind of chatbot is primarily used for customer experience chatbots where the AI chatbot does not necessarily need to accommodate newer information over time. On the other hand, chatbots such as ChatGPT are dynamic in nature. They improve over time and their models are retrained constantly to add more accurate answers, respond to more complex queries, and increase their prevalence of using natural human language. This is achieved with the help of reinforced learning. Each interaction you perform with an AI chatbot stands as an opportunity for improvement for the machine learning algorithm. Depending on whether you are satisfied with the answer, the computer program understands how it could have done better or worse thereby improving human conversation. Besides just reinforced learning, these chatbots have access to the Internet. This also allows them to fetch and process new data from the world wide web and train themselves with it as well. ## What Is The Difference Between Chatbot and AI Chatbot? By definition, an AI chatbot operates on the premise of natural language processing and machine learning whereas a regular chatbot is bound by scripts and pre-programmed commands that help it make a particular decision. In the grander scheme of things, an AI chatbot is far more dynamic, can analyze a lot more data, and can also resolve more complex queries. But, until AI chatbots are perfected, regular chatbots are still widely used and even have some benefits such as them not needing as much processing power compared to an AI chatbots. ## Do All Chatbots Use AI? No, not all chatbots use AI. Depending on their use case, a brand might opt to go for a simple rule based chatbot instead of AI chatbots. Primarily, this is because AI chatbots tend to be more expensive to maintain and operate compared to regular chatbots. Plus, not every brand needs an AI agent to answer queries as they simply fall into a few rule sets which do not require dynamic interaction. For instance, a food delivery service will only have a set number of customer queries that it needs to respond to which may not require the dynamic responses that AI chatbots provide. ## What Are the Benefits of an AI Chatbot? AI Chatbots can be used for a variety of user interactions. And, their beauty is in their versatility. So, they're extremely beneficial for almost all use cases and can act as a wonderful aid for human agents. Here's a look at some of their advantages: - Contextual Understanding: An AI chatbot can understand the urgency and emotion of a certain query and relay it to human agents in a contextually relevant manner improving overall customer experience. - Reduced Overhead: From a company's perspective, the inclusion of artificial intelligence in their workflow can help reduce customer service costs as irrelevant queries can be filtered out and automated responses can be used to answer questions instead of needing human intervention everywhere. - Speed and Responsiveness: The sheer speed at which artificial intelligence chatbots can answer questions and interpret customer data goes a long way in improving customer engagement thanks to conversational AI. - Better Customer Interactions: The usage of AI chatbots also results in better customer interactions as agents will already be aware of the gravity of a certain situation as it will already be filtered through AI. So, situations that require human intervention can be dealt with accordingly with the help of machine learning. - Adaptability and Training: Once an AI chatbot understands your workflow, it can easily adapt to other sectors that it may not have been originally intended for. So, whether it is lead generation, human resources, scheduling appointments, or manning phone lines, artificial intelligence chatbots will be able to easily assimilate to any situation. - Constant Availability: AI chatbots have zero downtime and are available 24/7. So, whether your customer is using mobile apps to reach your brand or with a website, a small business can easily integrate AI chatbots and can have their queries answered via conversational AI at any time. All in all, chatbots have turned into a pivotal tool for enterprises. They make it much easier to answer hordes of outstanding customer inquiries and eliminate tedious, manual labor for human agents. However, it is important to understand that natural language processing is not an alternative to actual human interaction. While customer experiences have certainly been improved with the addendum of AI chatbots, they still are a far cry from an actual human's ability to perceive nuance and provide an accurate response. So, while some customer questions might be answered by AI technology, the true key to having a large sum of satisfied customers is to create a hybrid mix between virtual agents and AI driven chatbots to ensure that your customer journey is smooth for everyone. However, you, as a manager will have to make the decision in deciding what sort of framework works best for you based on user input and the current state of AI bots. If your user's intent isn't really grasped by AI, your customer support experience will largely be defined by virtual human agents. However, if you've seen great success with rule based chatbots or have less tedious queries, you'll be able to offload more of your customer questions from virtual assistants to an AI bot instead. ## Are AI Chatbots Important? AI Chatbots are extremely important in improving customer support and are generally used in messaging apps by various brands to improve their efficacy of answering questions quickly and accurately. While these software programs can vary in complexity and design, they all have one primary purpose, to improve customer experience as much as possible. Because of this, while businesses may not completely switch to virtual artificial intelligence any time soon, having your own chatbot in an enterprise setting can prove to be extremely beneficial for all industrial sectors.

Stay in the loop, effortlessly.

Don’t have time to dive into our blog? We get it. The real world is pretty busy. Subscribe to our newsletter to get regular updates on the content you care about. No spam, we promise!

By clicking "Subscribe" you agree to our Terms of Use and Privacy Policy and consent to Sensorium using your contact data for marketing communication purposes.

Sensorium

See more
Sensorium Galaxy Enters Public Playtest and Lays Out Global Metaverse Vision
Sensorium is announcing the launch of Sensorium Galaxy's VR multiplayer public playtest, opening up access to new virtual reality and content features inside virtual worlds, while also laying out a new metaverse doctrine. Delivering on its promise to develop a full-fledged metaverse with unparalleled entertainment offerings, Sensorium is unveiling PRISM, a virtual world dedicated to music, as the first destination to become available to users. Inside this environment, visitors can take part in the galactic Sensorium Party 24/7, where Sensorium's pioneering AI avatars can be seen performing. The new stage enables users to become familiar with the metaverse's VR mechanics, the immersive environments that underpin it, and avatar customization options. Within these spaces, users will also have, for the first time, the opportunity of interacting with others in VR and via voice chat, meeting not only other human participants but also virtual beings. Sensorium Galaxy is emerging as the first AAA inhabited metaverse with a community of AI-powered avatars populating its virtual worlds. As such, the company is enabling social AI as a core technology in powering next-generation networking, relationship building and content creation, for users and artists alike. In a demonstration of the unprecedented capabilities of generative AI technology to hold contextual conversations, Sensorium is opening up access to the Salvador Dali Experience. Within this virtual reality environment, users will have the opportunity to meet the AI avatar of the now-resurrected genius and chat with him across an endless number of topics. This metaverse's doctrine is formulated by Sensorium's press secretary and AI driven avatar Yonaka, who further details Sensorium Galaxy's global ambitions. "We are at the nascent of a new era in digital entertainment and Sensorium is challenging the limitations of modern life in the real world. The future will be exciting, interactive, generative and finally free from real or imaginary limitations. Sensorium is paving the way for users to live out alternative life scenarios in virtual worlds, build a digital self and achieve digital immortality through which they choose the digital footprint they're leaving behind and allow future generations to interact with it," they added. Built on top of Unreal Engine 5 as well as advanced VR and AI technologies, the depths of Sensorium Galaxy unfold across several virtual worlds, each dedicated to different types of entertainment and filled with curated content. Developed in collaboration with nightlife entertainment visionaire, music trendsetter, and Hï Ibiza and Ushuaïa Ibiza founder Yann Pissenem, PRISM is already a confirmed destination for shows by acclaimed world-class performers, including David Guetta, Carl Cox, and Black Coffee, among others. The first three performances by real-world musicians in PRISM are slated to take place during the first half of 2023, picking up from virtual artists being launched within PRISM now. Scheduled for release in the second half of 2023, the virtual world MOTION will be next in introducing audiences to Sensorium Galaxy's virtual environments and its 'virtual life' mechanics. Sensorium Galaxy is available on Steam, where users can access the metaverse's public playtest, as well as the Sensorium Galaxy mobile app. Full cross-platform access, including a desktop version, will become available in the near future.
Sensorium Premiers Second Streaming Party Set In PRISM’s Volcanic Landscapes
Dust, fire and intergalactic volcanic sights set the stage for the second installment of Sensorium Parties featuring this metaverse’s trailblazing AI artists. ‘Volcano’ follows the success of ‘Meteor Vortex’, whose premier coincided with the launch of the world’s first in-engine metaverse streaming channel last year at the hands of Sensorium. As part of the latest party, ‘Volcano’ will be introducing a new lineup of AI-driven DJs - AX421, JAI:N, and Yonaka - who will be joining resident artists Natisa Sitar, Kàra Màr, and Ninalis. After receiving over seven million YouTube views to date, Sensorium’s first metaverse party has become the most talked about music event held in a virtual world. And with the latest series of performances, fans will be presented with never-before-heard, supercharged sets delivered by AI DJs, and also enjoy heart-racing and otherworldly virtual reality landscapes, most noticeably PRISM’s erupting volcano. “We’re ecstatic to kick off 2023 with ‘Volcano’ featuring the foremost AI-driven music acts and now set in an incredible new location. Everything is in place for both fans and metaverse newcomers to have an unforgettable experience that can be both a celebration of music and dance with an AI twist”, says Sasha Tityanko, Sensorium’s Deputy CEO and Art Director. Sensorium’s AI performers draw their inspiration based on generative capabilities which allow them to create original and distinctive music from a combination of over 60 different genres. In addition, all virtual performers are capable of engaging in effortless, unscripted and wide-ranging conversations with their audience thanks to their cutting-edge conversational AI skills. Sensorium Parties are a window into the full-fledged version of this metaverse, set to host performances by David Guetta, Black Coffee, Steve Aoki, and Armin van Buuren among other chart-topping artists. Until then, users can enjoy these remarkable AI performances through the Sensorium Galaxy Streaming channel, available online and via the Sensorium mobile app.
Sensorium to Lead Conversation on AI Virtual Beings at LEAP 2023
Sensorium is looking forward to taking part in Leap Tech Conference, one of the world’s foremost technology gatherings. Based out of the Riyadh Front Expo Centre in Saudi Arabia, the second edition of Leap Teach will be taking place between 6-9 February 2023. In 2022, the tech conference became the largest debut tech event in history, bringing together over 100.000 visitors, 600 exhibitors, 5000 global CEOs, 330 top investors and expert speakers to cover the latest technology topics. Over $6.4 billion worth of initiatives and programs were announced in connection with the event. Now back for its latest edition, LEAP will be featuring over 500 speakers, including Sensorium’s Deputy CEO and Art Director, Sasha Tityanko. Sasha will be delivering a keynote speech on the topic “AI-Driven Virtual Beings: Re-shaping the future of social connections and entertainment in the metaverse”, where she will lay out Sensorium's vision for AI in the context of the emergence of virtual worlds, trace the path taken to create the first AI-inhabited metaverse and explore the opportunities unlocked by the technology. “It’s fantastic to have the opportunity to lead the conversation on AI and AI-driven virtual beings at a stage like LEAP, which has become a global window into the state of emerging technology and the most exciting advancements the industry is experiencing. Over the last year, we’ve continued the development of our pioneering AI-driven avatars and have released groundbreaking metaverse features, including a metaverse streaming offering. I am looking forward to showcasing Sensorium’s innovations and exchanging ideas on the future that lies ahead for XR and AI,” added Sasha. Sensorium’s pioneering AI-driven virtual beings represent the pinnacle of conversational AI and machine learning technology, and the company is promoting their integration into the Sensorium Galaxy metaverse, a AAA virtual reality environment with cross-platform accessibility. Here, the extensive capabilities of AI avatars shine through as they engage with users across conversations, interactions and a range of activities, including dance choreographies. Sensorium’s participation in LEAP Tech comes as the company continues expanding its presence in the MENA region, after having opened an office in the United Arab Emirates last year and taken part in some of the Middle East’s largest music conferences, including XP Futures and MDLBEAST’s SOUNDSTORM Festival.
Stake SENSO On KuCoin And Let Your Tokens Work For You
The Sensorium Galaxy metaverse has now officially entered its much-awaited VR multiplayer public playtest, opening up access to new virtual reality and content features across virtual virtual worlds and environments. And as we approach even bigger releases this year, we are making staking available for our blockchain-based metaverse currency - SENSO - with a ~40% APR through KuCoin, one of the world’s leading cryptocurrency exchanges. This SENSO Staking program kicks off at 10:00:00 (UTC) on February 27, 2023. Here’s a quick glance at some of the other details you might want to know:
Sensorians Unite - The Grand Meme Battle Is Back
New year, new memes. And to celebrate entering what we hope to be a very exciting season for us, we’re holding the second round of our grand meme battle - and giving away a spectacular prize pool. Ready, set, go! ## Timeline: Selection Round: January 18 - 25
Voting: January 26 - 30 (Until 16:00 UTC)
Winner announcement: January 31 ## Judging: During the selection round, the 10 best memes will be handpicked by our team in a closed vote. Next up, a public poll will be held in our English Telegram chat, where our community of Sensorians will have the chance to choose the best meme out of the 10 finalists. ## Entry requirements: - Fill in this Google form. - Retweet the pinned post from SENSO’s Twitter account. - A meme picture must be posted to the English Telegram chat with the hashtag #SENSO_Memebattle2. - Only one meme can be submitted per account. - English only. We want everyone to be able to understand the memes so that we can all enjoy them the same way. - Image and text must be easy to understand. PNG and JPEG formats are accepted. (No GIF) - Pro tip: To better your odds, it’s worth making sure your memes are directly related to the Sensorium VR worlds’ lore, our AI avatars, our incredible AI DJs or SENSO token. ## No-nos:
- Plagiarism: submitting the same meme more than once.
- Submitting more than one meme per participant.
- Cheating and contributing to a fake vote volume in the open poll.
- Offensive or obscene content, religious themes, nudity, etc. ## Total prize pool:
3400 SENSO
1st place: 1,000 SENSO
2nd place: 800 SENSO
3rd place: 550 SENSO
Remaining 7 finalists: 150 SENSO Looking forward to seeing all the brilliant memes from our community of Sensorians. Good luck!
Ho Ho Hodl SENSO! Create A Christmas Story with An AI Avatar & Win SENSO Tokens
‘Tis the season for, you’ve guessed it, some holiday virtual goodies. Feeling the Christmas spirit already? Great. We’re challenging you to share your festive experiences with a Sensorium AI avatar and try your luck at winning some of the 5000 SENSO tokens up for grabs. At last, a Christmas gift that needs no wrapping! ## How Do I Participate?
### Step #1 Download the Sensorium mobile App: iOS
Android *If you have our app already installed, make sure you're up to date with the latest version released. For a better experience, we recommend deleting the old version and downloading the newest.
** Discover all the features you can explore with the Sensorium mobile app (AI text chat, video talk, AR mode, dancing and much more). ### Step #2 Register, create your avatar and go to the “Chat” mode. ### Step #3 Kick off a conversation and ask your AI companion about Christmas or New Year, in English, via the text chat. You can use emojis!

Lazy reader?
Hit 'play' instead.

Check out our latest videos on YouTube. Don’t forget to subscribe to get alerts on new releases.

Subscribe

Blockchain

See more
Mintable Tokens vs Minable Tokens: What's the Difference?
Mintable and mineable tokens are two types of digital assets that are used in the world of cryptocurrency. The major difference between both types of tokens is that producing minable tokens requires more time, effort, and resources compared to minted tokens. ## Difference Between Mintable Tokens and Minable Tokens
### Mintable Tokens Mintable tokens are digital assets that can be created on a smart contract platform, such as Ethereum, without the need for any consensus-related activities. These tokens are created through the use of a minting function within the smart contract, which generates a new supply of tokens. Mintable tokens can then be distributed and traded in the market. Token minting is the process of creating new tokens on a smart contract platform, such as Ethereum. These tokens, like ERC-20 and ERC-721, do not require the same resources or validation process as traditional mineable tokens like Bitcoin and Ethereum. Mintable tokens can have caps on their total supply, and the supply can be adjusted through the minting or burning of new tokens. It is a technique that is often used with algorithmic and crypto-backed stablecoins to manage their supply and value. ### Mineable tokens Mineable tokens are digital assets that are generated through the mining process on a proof-of-work or proof-of-stake blockchain. On proof -of work-models, Miners have to solve challenging equations while Validators verify the validity of blocks by staking their own tokens. Miners or validators play a crucial role in securing the network and producing blocks, and as a reward for their efforts, they are issued new tokens that have been minted by the protocol. The issuance of mineable tokens follows certain consensus rules, and the supply of these tokens can be capped (hard cap or soft cap) or subject to a decrease over time through processes like halving. For instance, the Bitcoin network has a fixed supply of tokens and a block reward of 6.25 BTC per block, while the Litecoin has a block reward of roughly 12.5 LTC per block. ## What is a Minting Function A minting function is a feature in some cryptocurrencies that allows users to create new tokens and add them to the blockchain. The process of creating new tokens is often referred to as "minting." ### Continuous Token Supply In most cases, minting requires the user to have a certain amount of tokens already in their possession, as well as meet certain other conditions specified in smart contracts. For example, they may need to prove that they have completed a specific task or contributed to the network in some way. The minting function is typically implemented as a smart contract, which is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. The smart contract can automatically enforce the conditions of the minting process, ensuring that new tokens are only created in accordance with the specified rules. Some examples of cryptocurrencies that have a minting function include Ethereum and Binance Coin. Minting can be used for a variety of purposes, such as incentivizing users to contribute to the network, or as a way to fund the development of a project. ## Mintable Tokens Supply Types:
### Fixed Token Supply A mintable token with a fixed supply is one in which the total number of tokens that will ever be produced is set and cannot be increased. This means that once all the tokens have been mined or created, no more will be added to the supply. This type of token is often used as a way to increase the value of the tokens over time, as the fixed supply model can lead to demand exceeding the limited supply available. The fixed supply model can also be seen as a way to combat inflation, as there is no possibility of new tokens being created and diluting the value of existing ones. Examples of cryptocurrencies with a fixed supply include Bitcoin and Litecoin. In the case of Bitcoin, the total supply is capped at 21 million proof of work tokens, while Litecoin has a maximum supply of 84 million tokens. ### Continuous Token Supply This is a type of mintable token where new tokens can be created and added to the supply on an ongoing basis. This means the total number of tokens in circulation is not fixed and has a continuous supply. A Continuous supply model is often used to fund project development or incentivize network contribution. However, they can also be prone to inflation, as the creation of new tokens can dilute the value of existing ones. Examples of cryptocurrencies with a continuous supply model include Ethereum and Binance Coin. In the case of Ethereum, new tokens are created through the minting function, which is implemented as a smart contract. In the case of Binance Coin, new tokens are created through a process called "coin burning," in which a portion of the supply is permanently removed from circulation. ## Examples of Mintable Tokens
### Stablecoins Stablecoins are a type of mintable token that is designed to maintain a stable value relative to a specific asset or currency. They are often pegged to the value of a stable asset, such as the US dollar, and are designed to maintain a 1:1 value ratio with the underlying asset. Stablecoins are often used as a way to provide a stable store of value within the volatile cryptocurrency market. They can also be used for cross-border payments, as they allow users to transfer value without being subject to the fluctuations of traditional cryptocurrencies. Examples of stablecoins include Tether, USDC, and Paxos Standard. These stablecoins are backed by real-world assets, such as cash like the US dollar, or gold, and are intended to provide a more stable alternative to traditional cryptocurrencies. ### NFTs NFTs (Non-Fungible Tokens) are a type of mintable token that represents a unique digital asset. They are often used to represent things like art, music, videos, or other types of media. NFTs are stored on a blockchain and are unique because they cannot be replaced or exchanged for another asset of equal value. One of the key features of NFTs is that they can be bought, sold, and traded just like any other asset. They have gained popularity in recent years as a way for artists and creators to monetize their digital content and for collectors to own and trade unique digital assets. NFTs are minted using smart contracts, which define the terms and conditions of the asset and ensure that it is properly registered and tracked on the blockchain. Some popular examples of NFTs include Cryptokitties and BAYCs. ## The Bottom Line In summary, minable tokens are those that are generated through a process called "mining," which involves using computer power to solve complex mathematical problems and add transactions to a blockchain's public ledger. On the other hand, mintable tokens are created and issued by a central authority through smart contracts, such as a company or organization, and do not require mining to enter circulation. There lies the difference between mintable and mineable tokens. Both minable and mintable tokens have their own unique characteristics and uses, and the decision to use one over the other will depend on the underlying business model, specific needs and goals of a project.
What is Etherscan and How To Use It?
Most cryptocurrencies such as Ethereum have an open, transparent database. Anyone can see the digital ledger of transactions as everything that happens on-chan is published. That said, querying data from blockchain technology is an uphill battle. Therefore, you can use block explorer to simplify your search instead of looking at the raw data that is nearly impossible to decipher. Etherscan is one such effective block explorer that abstracts the complexity of retrieving data on the blockchain by providing a simple interface for Ethereum blockchain. Before having a closer look at Etherscan, let’s understand block explorers first. ## Block Explorers Although the blockchain contains all information about your transactions, it is very time-consuming to go through the entire blockchain to know what’s going on there. Thanks to block explorers, you can browse and search this open database to know the transaction details and the amount of crypto owned by a specific wallet. Moreover, some block explorers display the sender and receiver address as well as the amount of “Gas” paid for a particular transaction. Let’s learn about Etherscan; how it works, how it simplifies the blockchain data, and how to use it in a blockchain strategy. ## What is Etherscan? Etherscan serves as a blockchain explorer that allows users to look through the transactions, smart contracts, wallet addresses, blocks, and other on-chain data related to Ethereum-based trades and assets. You can access many features without opening your account or connecting to your wallet. Like other cryptocurrencies, all Ethereum interactions are publicly recorded on Blockchain. Etherscan is a block explorer software to visualize past transactions on the Ethereum network that spans from transferring coins to purchasing non-fungible tokens (NFTs). ## Why Do You need Etherscan? Etherscan allows users to search and explore the Ethereum blockchain for transactions, tokens, addresses, and other activities. Ether, an Ethereum token, is the world’s second-largest cryptocurrency for market capitalization. Etherscan provides Token Tracker for this widely used token by providing information, such as price, holders, total supply, and transfers. There are numerous use cases of Etherscan that make it a powerful block explorer. It allows you to monitor high-profile NFT holders’ portfolios. Moreover, you can track what a certain NFT project or company is doing with its funds. For instance, Gamestop dumped $42 million worth of NFX tokens, shortly after it received a $100 million grant from Immutable X. The proof of this incident was provided by Etherscan. By tracking the transaction of NFT projects' potential rug pulls and NFT scams, Etherscan helps the victims of crypto scams. Along the same line, Etherscan tracks the “whales” wallet which holds a large amount of ETH. Monitoring their movement is quite helpful as you can predict the price movement with this information. Anyone can use Etherscan to search for and validate Ethereum transactions. The use cases may involve: - Searching and viewing wallets and transactions - Tracking gas fees - Interacting with smart contracts - Revoking or reviewing your token approvals - Using Token ignore list feature to hide your tokens - Staying up-to-date with the Ethereum ecosystem Note that Etherscan is not a wallet; you can use Etherscan to search your Ethereum wallet and track the transactions but if you want to enter into a transaction or use ETH, you have to access your crypto exchange or wallet.
The Ethereum Shanghai Upgrade Explained
The successful completion of the Ethereum Merge brings forth the Shanghai Upgrade, also known as EIP 4895. The upgrade will introduce reduced transaction fees, and the transition to a proof of stake model, and it will also enable withdrawals for staked ETH. The upgrade acts predominantly as a precursor to the improvements to scalability that the Ethereum Foundation has proposed in the upcoming year. ## What is Ethereum Shanghai Upgrade? The Shanghai Upgrade transition is the network's next upgrade of the Ethereum mainnet. It primarily aims to transition to proof of stake, consequently allowing validators to finally withdraw their staked ETH both partially and fully. This is a major improvement and will further incentivize the crypto community to shift towards ETH accelerating network participation. As of yet, the pre Shanghai testnet allows for both complete and partial validations to be withdrawn. The upgrade also introduces Layer 2 fee reductions with the implementation of proto-danksharding aiding in the network's overall scalability and sustainability while also reducing gas fees. Moreover, the upgrade will also introduce EOF, separating code and data, which is significantly helpful for code validation. The release date of the Shanghai Upgrade is expected to be around March and April. However, there's no confirmation and developers agreed that this date may be pushed forward to as late as September 2023, especially with EIP-4844 (proto-danksharding) already being delayed to a March 2023 update. ## Ethereum Improvement Proposals to Look Forward To The Shanghai Upgrade consists of a number of EIPs (Ethereum Improvement Proposals). While most of them can be considered as minor upgradations, there are three EIPs that are the most interesting out of the bunch: ### EVM Object Format The Ethereum Virtual Machine object format, commonly referred to as EVM object format or EOF, will essentially upgrade the network to separate code from data. Highlighted in EIP-3540, this is extremely advantageous for on-chain code validation. This distinction can also lead to ease of use and a significant reduction in gas fees. While off-chain tools already deal with existing code, static analysis tools can also benefit from the separation. However, the advantages to the latter are relatively minor. Moreover, EIP-3670 is also expected to be included in the Shanghai Upgrade, extending the deploy time validation of the separated code section. This allows for unassigned instructions and truncated PUSH requests to be rejected. ## Beacon Chain Withdrawals Stakers who locked their Ether in the network's Beacon chain smart contract were eligible for rewards. Now, EIP 4895 will finally enable beacon chain push withdrawals as operations for all staked ETH. Moreover, the update will also allow Beacon Chain holders to finally withdraw their rewards, adding an operation that will push all validator withdrawals from the Beacon Chain to the wider Ethereum Virtual Machine (EVM). ## Layer 2 Fee Reductions With rising competition from Solana, it was only a matter of time before the Ethereum Foundation took major steps to combat ever-increasing block sizes. With Layer 2 fee reductions, a maximum limit to CALLDATA in a block is introduced with further proto-danksharding implementations in EIP-4844 which should drastically reduce gas fees on the Ethereum network. ## Will Ethereum Fees Decrease After The Upgrade? Yes, Ethereum fees will decrease after the Shanghai upgrade. This is because the upgrade will equalize block size and also increase overall call-data efficiency in the Ethereum network. Galen Moore, content lead at Axelar had this to say about the reduced gas fees after the Shanghai upgrade: “When specialized chains can build on a layer-2 like Polygon and reduce the cost of communicating with the base chain Ethereum, that reduces gas prices for users everywhere in the ecosystem — by making it more efficient to scale horizontally in a way that spreads demand.” - Galen Moore The lower transaction fees is great for the overall longevity of the network. the Ethereum Shanghai update is also expected to introduce a WARM coinbase which will slightly lower fees paid by prominent builders like Flashbots and BloXroute. ## Conclusion While there's no concrete release date for the upgrade in sight, it's quite clear that the crypto community has provided an overall positive response to the public test net. With staking rewards now soon being able to be withdrawn, its clear that Ethereum will be undergoing a paradigm shift in the upcoming years with the Merge and the Shanghai Update turning into the first two EIPs that will dictate the future of Ethereum and Ether. ## FAQ (Frequently Asked Questions)
### What is the Ethereum Shanghai upgrade? The Ethereum Shanghai upgrade is Ethereum's second major upgrade after the Merge which offers critical infrastructure and elemental updates to the blockchain's EVM. This will include reduced gas prices, staked ETH for early client testing of the PoS beacon chain to finally be allowed, and updates to smart contract facilities as well. ### What changes are in the Ethereum Shanghai upgrade? Amongst many other minor changes in the network, Ethereum developers have focused on three key aspects, the EVM object format, allowing staked beacon chain withdrawals and te ability to process more data concurrently on the network lowering gas prices substantially. ### Will Ethereum price increase with the Ethereum Shanghai Upgrade? Yes, akin to most other crypto network updates, the major upgrade should lead to an overall price increase of Ethereum. However, the extent of this increase is yet to be determined. This is because events such as the Merge, which typically lead to an increase have instead led to a gradual drop instead with a price reclaim not in sight as of yet. ### What is the release date of the Ethereum Shanghai Upgrade? According to core developers of Ethereum, the Shanghai Upgrade is expected to roll out in mid-2023, somewhere around March and April. As of yet, there's no finite date for the upgrade with the latest date being September 2023 for the complete rollout.

Extended Reality

See more
Moss Book II Review: The VR Sequel You Won't Want To Miss
Moss Book 2 is as pure a sequel as you can expect, taking inspiration from the critically acclaimed first game, Moss. Developed by Polyarc Games, the sequel picks up right from where the previous game ends. The second iteration stays true to the first game, going for a more evolutionary approach as compared to other sequels that try and reinvent the wheel, an aspect we appreciated throughout our playthrough. You play as Quill, a cute mouse that you help navigate through intricately detailed worlds, trying your best to defeat minions with the three new weapons available in Quill's arsenal. You still also interact in the game as the Reader, providing you with an isometric point of view just like the original Moss. However, you now do a lot more compared to the first game.
Best Virtual Reality Movies To Watch In 2023
Virtual reality is making its way into almost every industry. From medicine to education to gaming and fashion. Movie studios are also increasingly experimenting with this unique technology to enhance the experience of users within digital environments.
How To Buy Metaverse Real Estate
Real estate is expensive. That’s a tough reality of life that many of us have come to face. But no, we’re not talking about London, New York or Paris. Turns out that some of the world’s most valuable land isn’t even on earth - and on top of that, it isn’t even real at all. Enter the metaverse. That’s right - investors are now paying millions of dollars in return for land that exists only in 3D virtual worlds. With the race heating up, crypto enthusiasts, tech followers and prospective metaverse users are being drawn in to snap up a piece of digital properties. But what’s the buzz all about, really? Today, we are taking a look at what’s behind the metaverse land rush and how you can join in.
Best Ways To Earn Passive Income With NFTs In 2023
For the last few years, three words have dominated the crypto scene: non-fungible tokens. In fact, they’ve become so popular that Collins Dictionary’s even made it word of the year in 2021. And while they've been traditionally associated with digital artworks and artists such as Beeple, the unique technology behind NFTs is allowing it to become a great opportunity well beyond this art industry alone. As they’ve become increasingly popular, many musicians, creators and celebrities have turned to NFTs to monetize their work. But even if you don’t have a particular skill or talent, there’s you can still use these tokens for your advantage. Today, we are exploring the top five best ways of earning income with NFTs and the best strategies you can start following today. ## What Is An NFT? Non-Fungible Tokens (NFTs) have emerged from the world of cryptocurrency and blockchain technology. But what is an NFT, really? Simply put, non-fungible tokens are unique digital assets that represent ownership of a specific piece of content or media, such as artwork, music, or video. As these tokens are stored on a blockchain, this makes them immutable and verifiable. While some may see NFTs as just another digital fad, they have become a serious advancement as they offer a number of advantages over traditional physical and virtual assets, including: - Unique Ownership: As mentioned, NFTs are unique and can be verified on the blockchain, making it easy to prove ownership. This eliminates the possibility of duplicates or fraud. A number of industries have taken advantage of NFTs for this reason, including major luxury fashion houses, in a bid to address rampant counterfeiting. - Scarcity: NFTs are scarce, meaning that there is a limited supply of them. This makes them more valuable and desirable to collectors. - Transparency: The blockchain provides a transparent and public ledger of all NFT transactions. As such, all transactions are secure and traceable. - Potential for Value Appreciation: NFTs have the potential to appreciate in value over time, especially if they are created by well-known artists or are part of a limited series. - Access to a Global Market: NFTs can be sold and bought on NFT marketplaces from anywhere in the world, providing access to a global market for creators and collectors. - Programmability: NFTs can be programmed to have specific functionalities, such as unlocking content or granting access to exclusive events or experiences. - Royalties: NFTs can also be programmed, through smart contracts, to automatically pay the original creator a royalty fee every time they are traded, providing a recurring income stream for creators. - Versatility: NFTs can represent a wide range of digital and physical assets, including art, music, videos, virtual real estate, and more. Now that you know just how advantageous these tokens can be, let’s dive into the best strategies to consider when it comes to earning passive income with NFTs.
Best Fan Tokens You Need To Know In 2023
Buying fan tokens is one of the most exciting ways for investors to support their favorite sports teams. It allows them to access exclusive facilities, services, and rewards provided by sports organizations. Fan tokens have many of the typical characteristics of cryptocurrencies. And as with cryptocurrencies, they can be bought, sold, and traded. Fan tokens have no fixed value, i.e., their weight is derived from the value of fan participation and engagement. Fan tokens have an initial sale price on the market, which changes over time based on the number of fans and holders who decide to hold or sell the token. Fan Tokens are digital assets that unlock exclusive benefits for their owners while giving them new ways to interact with their favorite teams. Most of these digital assets have been built on the Chiliz blockchain, a sports and entertainment blockchain. To support direct engagement between fans and their teams, Chiliz (CHZ) optimizes the power of blockchain technology. CHZ can be purchased on Socios, which acts as a crowd-management platform for Chiliz. ## What Are Fan Tokens? Fan tokens are digital assets in blockchain through which teams offer their fans unique and exclusive benefits and prizes. The sale of fan tokens takes place within dedicated environments of the host platforms. To buy the tokens, it is, therefore, necessary to register on the platform and convert the currency used for the purchase, the euro, for example, into the cryptocurrency of the host platform. Through the latter, it is possible to purchase fan tokens. The weightage of fan token value comes from fan participation and involvement. While it is initially sold at a fixed price, its value keeps fluctuating over time. Fan tokens are similar to DAO governance token since it allows the token holder to have a say in tech issues. You can see the value of a fan token by knowing its market capitalization. ## Why Are Fan Tokens So Popular? As opposed to traditional fan club memberships that require ongoing fees, fan tokens require only one-time payment. Fan tokens may also provide governance benefits to the fans. For example, it may allow the fans holding the tokens to vote on a new logo for the team. Apart from that, many clubs provide access to raffles, drawings, and dedicated fan events. Some football fan tokens give the holders access to meet-and-greet events with coaches and players, team-specific NFTs, and special player-interactive events. Fan tokens gained popularity after prominent sports clubs like AC Milan, Inter Milan, Santos FC, and FC Porto started offering them for revenue generation. After their success with football clubs, sporting associations like NFL, NBA, and NHL also joined in the hype after reaching agreements with Socios. Fan tokens are mainly part of the excitement and hype around large sporting events like the World Cup and the International Dota 2 Tournament. ## Top Fan Tokens In 2023 While the best fan tokens are the ones that belong to your favorite team, you may also be interested in buying fan tokens of more than one team. We’ve compiled a list of the top fan tokens to invest in and how different factors can spur their price gains in 2023, so read on! ### Argentine Football Association Fan Token (ARG)
Who Is Beeple - And How Did He Become The Top Crypto Artist In The World?
Every innovation in tech almost certainly has a name behind it. Steve Jobs was behind the smartphone, Bill Gates was behind the PC, and Mark Zuckerberg was behind social media. However, with the decentralized and anonymized nature of cryptocurrency and by extension, the blockchain, it made sense that there wasn't a singular prolific figure who pushed the envelope further. However, with the rise of NFTs, came Beeple, an artist whose art would transcend beyond what was seemingly thought plausible within the digital realm. Credited with creating pieces that ended up driving a boom toward the entire NFT space, the artist has quickly turned into the name behind NFTs. However, this begs the question, how has a singular artist been able to drive tons of dollars into the digital space? Moreover, how has his influence shaped the world of NFTs? Today, we're going to go explore all of that and much more! ## Who Is Beeple? Michael Joseph "Beeple" Winkelmann, born on the 20th of June 1981, is a US-based artist, animator, designer, and illustrator. Now hailed as one of the most valuable living artists, he's a man of humble origins, raised in North Fond du Lac, Wisconsin, and currently living in North Charleston, South Carolina. He is a Computer Science major who graduated in 2003 from Purdue University. While we aren't sure if his degree contributed to much, his eventual transition to digital art was definitely eased up with his general prowess and understanding of technology. Contrary to popular belief, Beeple wasn't really into blockchain technology or cryptocurrency, for that matter. For most of his life, Beeple's work remained unnoticed. In fact, Mike Winkelmann primarily focused on traditional art for most of his life. His primary job was to design corporate websites. But, it was quite clear that he had a passion for the art world from the get-go. Naming himself after the furry toy from the 1980s, Beeple's work had already been popularized to the extent he was working with artists like Nicki Minaj and Justin Bieber before the pandemic. In fact, Shakira's fiery wall of fire in the Super Bowl was all Beeple's idea. A testament to his art even before his eventual rise to fame.

Metaverse

See more
6 Most Promising Metaverses To Know in 2023
The metaverse continues making strides after a year brimming with exciting technological developments and high-profile investments. For 2023, the development of virtual worlds is expected to continue at high speed, with a focus on entertainment and gaming. That is as we are seeing the consolidation of new technology such as blockchain, VR, AI and 5G. With that in mind, here are the top metaverses you’ll want to keep an eye on this year. ## 1. Sensorium Galaxy
Top 10 Metaverse Crypto Projects To Watch In 2023
We’re living through transformative times, which can feel both exciting and hard to keep up with. All that talk of Web 3.0, cryptocurrencies and the metaverse, but most of us are still left scratching our heads when trying to understand what it actually means. The good news is that while the technology might be a new concept, there are plenty of great projects already taking off and creating opportunities that could change your life in a profound way. In particular, the metaverse and crypto are coming together to shape the future of digital frontiers in areas like gaming, work, entertainment, education, shopping and much more. With so much going on, it’s perhaps worth getting to know what’s this all about and which metaverse projects to keep a close eye on in 2023.
Virtual Artists Taking Over An AI-driven Metaverse
We’re living through exciting times — in the real world and beyond. Only last year, the beginnings of the metaverse hype planted the seed of doubt: could our digital lives have a lot more to offer than what our current screen time would lead us to believe? Claims of the upcoming materialization of ultra immersive content, virtual reality socialization, interaction with futuristic AI avatars and yes, plenty of unexpected but original experiences, have since abounded. And quite frankly, that’s setting the bar high. After all, how much more innovative can a technology that’s well over three decades old suddenly be when it seems every corner of the internet has been already explored? Turns out, we might have only scratched the surface. As we slowly step into the next iteration of the internet - what’s been dubbed the web3 - we are seeing technology like artificial intelligence, blockchain, and extended reality accelerating the creation of new autonomous entities that can live online alongside humans. As if that’s not intriguing enough, this new dynamic is unleashing a wave of digital creativity that promises to re-imagine human expression and artistry. Sensorium Galaxy is a metaverse stretching across several virtual worlds, each dedicated to a specific content hub. More interestingly, the platform is focused on creating an all-virtual, ever-expanding digital and fully immersive environment where creators take advantage of emerging technology like virtual reality and artificial intelligence to birth a digital version of themselves and challenge the boundaries that constrain them in the physical world - creative or otherwise. The result has been a constant stream of 24/7, 360 degree experiences that defy anything seen in art and music until now. Avatars are a gateway into this future. They aren’t a new concept as we’re all familiar with avatars in gaming, internet forums and social networking platforms over the last decades. But Sensorium takes it a step further with an impressive roster of legendary artists, including David Guetta, Armin van Buuren and Black Coffee. Today’s advanced capabilities of motion capture and VR technology enable the creation of a photo realistic version of these performers, as avatars, in a way that perfectly recreates their presence and artistic brilliance in a digital ecosystem, down to the smallest detail.
What Is ChatGPT-4 and How Can You Use It
There’s hardly a hotter topic in tech right now than artificial intelligence, with millions embracing ChatGTP, either out of curiosity or a useful tool to help complete tasks and perform better online searches. There’s no doubt that chatbots have come to play a significant role in modern-day communications, especially as virtual assistants, but AI-powered chatbots are a completely new breed of communicators. They’re exponentially more complex and wildly versatile given their incredible capabilities in understanding natural language, responding quickly, and providing personalized customer support. Among the most advanced AI chatbots is ChatGPT-4. In this article, we will explore what exactly ChatGPT-4 is, how it differs from its predecessor, ChatGPT-3.5, and how you can start using it today. ## What is ChatGPT-4? ChatGPT-4 is an AI-powered chatbot developed by OpenAI, a research organization dedicated to creating advanced artificial intelligence technologies. ChatGPT-4 is based on the Generative Pre-trained Transformer 4 (GPT-4) language model, which is the latest version of the GPT series. The GPT-4 model was trained on a massive amount of text data - as much as a rumored 100 trillion parameters - to help it understand natural language and generate human-like responses. In addition, this chatbot relies on a large multimodal model, accepting image and text inputs while emitting text outputs. ChatGPT-4 is designed to engage in human-like conversations, provide personalized responses, and understand the context of any conversation. It can also be trained to perform a wide range of tasks such as answering questions, summarizing text, generating lines of code and even creating song lyrics.
5 Best AI Chatbots To Know In 2023
Providing quick, personalized, knowledgeable, and proactive online customer support has become a prerequisite for the success of any company. Unsatisfactory support services may result in a bad reputation and lost customers for your business. An AI chatbot, or a chatbot tool, is a digital technology solution mainly used for customer service and delivering promotional or otherwise useful content. Using artificial intelligence technology, an AI chatbot can convincingly replicate a user's chat-based interactions with another human. Initially, businesses had to create a support center, train the employees, and pay their salaries to run the customer support processes. These services were always prone to human errors and communication barriers. Also, human-based customer support services were limited to shift timings and couldn’t be available 24/7. AI allows computer programs to simulate a user conversation with a natural language through messaging applications. More and more brands are now leveraging AI chatbots to provide service to their customers and even market their brands. ## What is a Chatbot Platform? Artificial Intelligence chatbot platforms, or AI chatbot apps, are virtual assistants communicating with people using natural language. A customer will, therefore, not have the sensation of talking to a machine. This is possible thanks to artificial intelligence and pre-set answers designed to simulate a human conversation. Chatbot is derived from combining the two English words “chat” and “robot.” Initially, automated chatbots were available as rule-based chatbots. They were programmed for specific tasks and were limited in functionality. Modern AI chatbots can deliver a human-like conversational experience in an instant messaging style. They can understand user intent and learn different phrasing in which questions are being asked. They use natural language processing (NLP) and machine learning to simulate a user conversation. An AI chatbot platform is nothing more than software based on AI, conceived and designed to answer user questions automatically. ## Main Features of AI Chatbots To Look Out For When deciding on an Artificial Intelligence chatbot technology for your website, check out the main features of the different AI chatbot platforms. This will prevent you from missing out on any important feature your business might require. Modern customers are connected to brands through various channels across the internet and demand instant solutions to their problems. Precisely for this reason, the AI chatbot is mainly used to offer quality customer service. This is advantageous for both businesses and customers. The best AI chatbots also offer mobile apps that can be used to access services. Your chatbot platform should offer unlimited chat history to avoid paying for extra memory. The AI chatbot technology allows companies to cut costs by offering a 24-hour service without hiring extra staff for night shifts. This also helps the companies increase the degree of customer satisfaction and allows consumers to receive the information and support they need quickly and at any time. ## Changing Customer Requirements Customers are now connected to the brands across a number of platforms. This includes the website, social media, and the official app. Therefore, companies must determine how support can be provided across all platforms. In addition to customer care, AI chatbots can help companies in sales processes such as lead generation, telling a story through a storytelling strategy, or supporting the purchasing process for an online shop. To understand what AI chatbots are, you need to think of the Internet, which has accustomed you to a remarkable response speed compared to the past. Thanks to search engines that can provide us with enormous information on all our questions. For this reason, as a user, you might find yourself extremely frustrated when you find yourself immersed in offline processes - often cumbersome - which take away your time and attention. This is enough to explain the AI chatbot phenomenon, which, thanks to the advances in artificial intelligence, makes it possible to communicate with machines and obtain answers, albeit to specific and circumscribed questions. ## Benefits of Artificial Intelligence Chatbots Online AI chatbots are excellent for automating customer support and lead generation tasks. They are mainly designed to provide information or services to customers without human interference. AI allows bots to understand user requests and provide programmed and personalized responses. It is no coincidence that these programs are used to give consumers a high-level service through different communication channels, becoming a precious aid for omnichannel marketing. In summary, it can be said that the most important benefits guaranteed by AI chatbots to customers are essential: Generally, an AI chatbot provides information in FAQs, content regarding products or services, and everything that users can usually acquire from a customer service operator. Using AI chatbots, companies can considerably save the time and costs associated with human resource activities. These efforts can be used to carry out other important activities. Following are some major benefits of using artificial intelligence chatbots for your business: ### Round-the-Clock Availability AI chatbot software is online and available 24/7 and at a very low cost for businesses. In short, it is like always having active customer assistance. Unlike people, once an AI chatbot is installed, it can handle requests at any time of the day. This way, the customer doesn't have to wait for help from a company operator. ### Reduced Costs AI chatbots eliminate the need for manpower during online customer interaction. This is obviously a big plus for companies that get multiple requests simultaneously. In addition to cost savings, businesses can align the AI chatbot with their goals and use it as a means to improve customer conversion. ### Learning and Updating One of the main advantages of using AI-powered chatbots is that they keep self-improving their conversations and interactions through machine learning capability. When hiring a new employee, regular training is required. However, AI chatbots "form" themselves (with some limitations). ### Improved Assistance AI chatbots can handle most of the customer service tasks and independently manage some requests for assistance. AI chatbots can be entrusted with the most common requests, such as the telephone number of the various departments, how to replace a product purchased by mistake, how to make a return, provide delivery status, and other requests that do not require human interaction. Only the most complex requests that require more accurate explanations can be passed on to customer service. By using AI chatbots, businesses can achieve greater automation and efficiency in managing assistance requests, and no customer will be left waiting for answers to trivial questions. Human agents can deal with a limited number of clients simultaneously. This restriction does not exist for AI chatbots, which can handle as many requests as needed at the same time. This is one of the main advantages of using AI chatbots, as no customer is left unattended, and several problems are solved simultaneously. Currently, AI chatbot companies are already working on developing voice AI chatbot services. ### Seamless Transactions AI chatbots can be used to manage simple monetary transactions and provide recommendations. For example, in online booking services, you can ask your customers questions and thus obtain all the information you need to find the best tickets or solutions for them. By allowing customers to book services online independently, you will have satisfied customers and build a good reputation for your business. AI chatbots can effectively manage monotonous banking tasks such as blocking stolen cards, identity verification, and confirmation of transfers. In the future, AI chatbots could also be used in e-commerce platforms to manage the return of goods or the replacement of individual items. Customers may also be able to update or cancel their orders. ### Enhanced Data collection When a customer requests assistance remotely, several formalities are performed to verify the person’s authenticity, such as collecting the main data concerning them. For example, the authorization to manage the account remotely and other additional information such as email and telephone number is verified. An AI chatbot application could be used to speed up the procedure before passing the request to an operator. In this way, the resolution of the problem will be faster, and the operator will immediately have all the main information they need at their disposal. It will allow you to resolve customer queries instantly. ## How To Add an AI Chatbot To Your Website? Simple integration alone is not enough to guarantee the AI chatbot's success on your website. You need to devise a strategy that must be planned to obtain excellent results. You must identify the goals you intend to achieve and the most suitable type of answer to pursue them. If the AI chatbot has to respond to user requests, you must set up responses to satisfy them. This will only be possible if you know your target and its needs. The AI chatbot must be implemented in a larger marketing strategy as it can only prove useful if placed in a well-defined system. If your website is not easily navigable or your social pages are not taken care of, a virtual assistant can provide no added value to your customers. It is therefore advisable to analyze and, if necessary, intervene on these aspects before proceeding with the implementation. The next step will be identifying the most suitable channels for the best performance. You can decide whether to implement the AI bot on your website or instant messaging platforms, such as Facebook Messenger, Apple business chat, and WhatsApp are the most used to date. ### Personalized Customer Journey Design It is necessary to use a personalized customer journey design service, where the processes and priorities of the service are defined. This will allow the service to establish the operating margin of the bot, the tasks it can solve on its own, or when the intervention of a human operator is necessary. Furthermore, a system for monitoring the efficiency of AI ​​customer service must be defined through KPIs that can be analyzed and allow for better performance to be obtained. Furthermore, the evolution of AI must not be missing through the continuous improvement of its interaction ability. One of the paths to pursue is that of emotional analysis, which allows conversational AI to analyze the customer's feelings and emotions from the tone of voice so as to be able to offer a deeper understanding of the request and consequently respond in an increasingly efficient way. ## What Is The Future of AI-powered Chatbots? AI chatbots are expected to revolutionize customer support and be a crucial driver of business success. AI chatbots are constantly updated to provide seamless, realistic, automated conversations. Using conversational AI for customer service opens up various future perspectives that guide toward ever-greater automation of contacts and transactions. AI is helping chatbots, and voice bots reproduce more "human" behavior. You need to focus on a "trained" artificial intelligence algorithm. This will allow you to switch from a responsive to a predictive perspective so as to be able to positively change customer care management and consequently increase the customer's customer experience. In the future, AI chatbot adoption by businesses will likely increase rapidly. ## Best AI Chatbots In 2023 All AI chatbots have the common purpose of automating customer support and sales tasks for you. Below, we will discuss some of the best chatbots you can use for your business. ### Infobip
What Is An AI Chatbot? Top Things You Need To Know
AI chatbots have been thrust into the realm of relevancy with the advent of Open AI's ChatGPT, Google's LaMDA, and multiple other companies trying to keep up with the AI revolution. This begs the question, what exactly is an AI chatbot? And, what are the distinct advantages and disadvantages that chatbot technology brings to various sectors present within society? ## What Is An AI Chatbot? In layman's terms, an AI chatbot is an artificially intelligent program specifically designed to interpret human language, process it, and then output results based on its understanding. Depending on what kind of chatbot it is, these answers can be quite varied. For instance, an AI chatbot platform specifically meant for customer inquiries might not be great at summarizing a letter, but it'll be excellent at customer interactions. Similarly, while OpenAI's ChatGPT might not be able to lodge a complaint, it is excellent at answering more general questions. For instance, while a regular chatbot is constrained to a particular ruleset and cannot go beyond it, an AI bot can contextually understand a question, even if it has never seen it before, and provide a relatively accurate response. As an example, healthcare providers can use AI chatbots to quickly filter out and respond to medical queries based on their urgency. In situations like these, developing a rule based chatbot that can identify injuries based on whether they are critical is nigh impossible. On the other hand, an artificially intelligent chatbot can easily bifurcate between the urgency of a particular medical question based on the sentiments and urgency the user is expressing alongside cross-matching the particular situation with its index of databases and therefore is able to output a relevant response. ## How Do AI Chatbots Work? AI Chatbots use natural language processing (NLP) to interpret input and also generate contextually aware output. Here's how the machine learning algorithm of an AI chatbot works: 1. The AI chatbot picks up contextual input 2. The input is bifurcated into portions and the sentiment, tone, and intent are understood by using natural language understanding (NLU) 3. Now, the input is matched up with its intent and relevant information is fetched from the database 4. Once the information is filtered and fetched, it is presented back to the user as a form of output by using natural language generation (NLG) This particular approach to a chatbot is static in nature. In essence, this model does not improve over time. Therefore, this kind of chatbot is primarily used for customer experience chatbots where the AI chatbot does not necessarily need to accommodate newer information over time. On the other hand, chatbots such as ChatGPT are dynamic in nature. They improve over time and their models are retrained constantly to add more accurate answers, respond to more complex queries, and increase their prevalence of using natural human language. This is achieved with the help of reinforced learning. Each interaction you perform with an AI chatbot stands as an opportunity for improvement for the machine learning algorithm. Depending on whether you are satisfied with the answer, the computer program understands how it could have done better or worse thereby improving human conversation. Besides just reinforced learning, these chatbots have access to the Internet. This also allows them to fetch and process new data from the world wide web and train themselves with it as well. ## What Is The Difference Between Chatbot and AI Chatbot? By definition, an AI chatbot operates on the premise of natural language processing and machine learning whereas a regular chatbot is bound by scripts and pre-programmed commands that help it make a particular decision. In the grander scheme of things, an AI chatbot is far more dynamic, can analyze a lot more data, and can also resolve more complex queries. But, until AI chatbots are perfected, regular chatbots are still widely used and even have some benefits such as them not needing as much processing power compared to an AI chatbots. ## Do All Chatbots Use AI? No, not all chatbots use AI. Depending on their use case, a brand might opt to go for a simple rule based chatbot instead of AI chatbots. Primarily, this is because AI chatbots tend to be more expensive to maintain and operate compared to regular chatbots. Plus, not every brand needs an AI agent to answer queries as they simply fall into a few rule sets which do not require dynamic interaction. For instance, a food delivery service will only have a set number of customer queries that it needs to respond to which may not require the dynamic responses that AI chatbots provide. ## What Are the Benefits of an AI Chatbot? AI Chatbots can be used for a variety of user interactions. And, their beauty is in their versatility. So, they're extremely beneficial for almost all use cases and can act as a wonderful aid for human agents. Here's a look at some of their advantages: - Contextual Understanding: An AI chatbot can understand the urgency and emotion of a certain query and relay it to human agents in a contextually relevant manner improving overall customer experience. - Reduced Overhead: From a company's perspective, the inclusion of artificial intelligence in their workflow can help reduce customer service costs as irrelevant queries can be filtered out and automated responses can be used to answer questions instead of needing human intervention everywhere. - Speed and Responsiveness: The sheer speed at which artificial intelligence chatbots can answer questions and interpret customer data goes a long way in improving customer engagement thanks to conversational AI. - Better Customer Interactions: The usage of AI chatbots also results in better customer interactions as agents will already be aware of the gravity of a certain situation as it will already be filtered through AI. So, situations that require human intervention can be dealt with accordingly with the help of machine learning. - Adaptability and Training: Once an AI chatbot understands your workflow, it can easily adapt to other sectors that it may not have been originally intended for. So, whether it is lead generation, human resources, scheduling appointments, or manning phone lines, artificial intelligence chatbots will be able to easily assimilate to any situation. - Constant Availability: AI chatbots have zero downtime and are available 24/7. So, whether your customer is using mobile apps to reach your brand or with a website, a small business can easily integrate AI chatbots and can have their queries answered via conversational AI at any time. All in all, chatbots have turned into a pivotal tool for enterprises. They make it much easier to answer hordes of outstanding customer inquiries and eliminate tedious, manual labor for human agents. However, it is important to understand that natural language processing is not an alternative to actual human interaction. While customer experiences have certainly been improved with the addendum of AI chatbots, they still are a far cry from an actual human's ability to perceive nuance and provide an accurate response. So, while some customer questions might be answered by AI technology, the true key to having a large sum of satisfied customers is to create a hybrid mix between virtual agents and AI driven chatbots to ensure that your customer journey is smooth for everyone. However, you, as a manager will have to make the decision in deciding what sort of framework works best for you based on user input and the current state of AI bots. If your user's intent isn't really grasped by AI, your customer support experience will largely be defined by virtual human agents. However, if you've seen great success with rule based chatbots or have less tedious queries, you'll be able to offload more of your customer questions from virtual assistants to an AI bot instead. ## Are AI Chatbots Important? AI Chatbots are extremely important in improving customer support and are generally used in messaging apps by various brands to improve their efficacy of answering questions quickly and accurately. While these software programs can vary in complexity and design, they all have one primary purpose, to improve customer experience as much as possible. Because of this, while businesses may not completely switch to virtual artificial intelligence any time soon, having your own chatbot in an enterprise setting can prove to be extremely beneficial for all industrial sectors.

Gaming

See more
How To play DeFi Kingdoms? How To Get Started [Beginner guide]
The steady growth within the blockchain sphere allows users to interact with each other in a peer-to-peer manner in a decentralized world. Aside from the trading of cryptocurrencies, blockchain is opening doors for smart-contract functionally, decentralized spaces, Play-to-Earn (P2E) games, and much more. Over the last year, millions have jumped on the blockchain gaming bandwagon and the universe is expanding at a rapid pace. While there are limited options on the market, players are making the most of the opportunities presented in front of them and using their unique NFTs for monetary gains through P2E games. Most recently, the MMORPG genre of the Play-to-Earn (P2E) blockchain gaming universe received an excellent addition in the shape of DeFi Kingdoms. Known for its medieval nostalgic and artistic gameplay in a 2D manner, DeFi Kingdoms depicts the story of a torn world which has suffered from all sorts of horrors but, you must unite the realms against the enemies and restore them to their original glory. And while you’re off fighting the most vicious monsters, there’s some money to be made here since DeFi Kingdoms employ Play-to-Earn (P2E) mechanics. Our roundup today provides a comprehensive guide on how to play DeFi Kingdoms since there's too much depth to the game. ## What is DeFi Kingdoms?
Best Play-To-Earn Games To Try In 2023
Play-To-Earn gaming is all the rage now. Unlike traditional gaming, P2E brings real money and rewards into play, marking a departure from the business model that dominated the gaming industry for decades. From Splinterlands to Axie Infinity, players are rushing to games that can fulfill their entertainment needs while providing clear monetization paths in return for the time and effort they’ve put in. Last week, we put together a quick intro to Play to Earn, but here’s a recap icymi: P2E gaming relies on blockchain, meaning that through this technology players are able to buy, sell or exchange in the form of non-fungible tokens (NFTs). This way, not only do they have control over their transactions every step of the way, players are even more crucially able to to retain ownership of the digital assets they’ve collected during the course of their gaming experience within a title. From there, players can choose to take those items outside of the game and exchange them across other marketplaces and trading platforms, in return for digital currencies (cryptocurrencies) or fiat money. In short, in-game items have real world value. There are plenty of monetization opportunities within P2E. A player can, for example, purchase an NFT, upgrade it and then resell it for a higher price. Play to earn games are also highly attractive given the opportunities to get rewarded for activities completed within the game, like quests or duels. The impact of P2E is accelerating profound changes in the gaming industry, with more than half of American and UK-based video game developers now saying they’re starting to implement blockchain technology and the use of NFTs in their titles, according to a recent survey.
How Blockchain Is Changing Gaming
The gaming industry has come a long way. From clunky consoles, quirky cartridges and simplistic games (Super Mario Bros, anyone?) to an entertainment outlet worth over $170 billion, powered by more than 2.7 billion players worldwide. Nowadays, gaming is an all-consuming experience, built on top of ultra-realistic animations, full of twists and turns throughout what seems like an endless stream of entertainment content. There's seemingly nothing out of bounds when it comes to the possibilities of gaming. From personalizing avatars to customizing environments, purchasing tools and setting up tournaments, gamers are showered with all kinds of options to enhance the time spent in virtual worlds. But we've gone beyond the choosing of color palettes and skins; user preferences are changing the foundations of gaming. Instead of the linear experiences of the past, gaming is increasingly an open-ended experience. This is evident by the success of sandbox titles like Minecraft, drawing in players with infinite playable loops that can take shape in the form of challenges and competitions, for example. The more players engage, the greater their status in the community and bigger the incentive to engage with other users. And how to better enhance this experience than by letting players create and exchange (or even sell) their own content. All of this opens the doors to a gaming experience without limits. Take Roblox or Fortnite, two games also seeing a meteoric rise on the back of user-generated content (UGC). However, the majority of gaming experiences remain trapped in traditional, centralized models. This means that developers and gaming companies hold the most power within the ecosystem. Even when users come up with their original content, its value is entirely tied to the gaming dynamics set by developers. That's because games are provided to users on a licensing basis, meaning that they’re free to play and be enjoyed, but in the end users don’t own any in-platform assets. Think of it like renting a house but not being the owner; gamers are simply renting games. Players can be subjected to unexpected or arbitrary decisions that limit their possibilities, from the worth of their creations to the number of units that can be sold or exchanged in a marketplace. Ultimately, centralized gaming models don't favor players - and certainly fail to reward the most loyal ones, despite them spending more time online.

The future, delivered to your inbox

Latest product development news
Special announcements & offers