ChainGPT a set of tools and the programs designed to work the blockchain with the AI. They are innovating in the space of the chatbot and the AI with the blockchain as their background. Now they have recently started working on the grant program that would make the innovation from the blockchain and AI interconnected.
This integration would be making a lot of interesting use case. And also this would make it easier for them to work on the blockchain in context of the nocode or low code. ChainGPT has been working around since last year and they are trying to bring the AI into the blockchain and smart contracts.
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Blockchain is evolving and smart contracts need to have some level of the automation and AI attached to it in order to let it grow even further. Projects like this reduce the barriers for the entry of the startups working in the space of the blockchains and the smart contracts. This is needed for the long term growth of the blockchain in the space of the finance and AI can serve in this domain.
ChainGPT's innovation program is going to offer the 50,000 USD to the grant owner. And then there is a total prize of the 1 million USD. So that is another thing to consider when it comes to the total grant and the amount of funds that would be collected in this space for the innovation. There are some of the early grant receptee out there too.
Companies like Cookie3, AITECH, GT Protocol and kryptomunky are some of the projects thare coming in this space. And we have consider for the growth of the chainGPT web3 AI that is about to be built here. Overall I would say that grant program like this would push some innovation.
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