The Next BIG AI Crypto Gem: (SMALL MicroCap) Like Finding the Next PAAL

Altcoin Daily
7 Mar 202410:40

TLDRThe transcript discusses the potential of Palm AI, a multi-platform chatbot utilizing Google's AI technology for conversation, coding, and image generation. It highlights the accessibility of AI, the partnership with big players like Google Cloud and Zerx protocol, and the revenue-sharing model for token holders. The script also mentions the burning of 1 million Palm tokens, reaching a $100 million market cap, and the upcoming integration of the Sora video generator. The AI's capabilities in image and video generation, as well as its potential applications in various fields, are emphasized, making it an exciting project for both crypto enthusiasts and AI adopters.

Takeaways

  • 🚀 Palm AI is a multi-platform chatbot that utilizes Google's AI technology for conversations, coding, and image generation.
  • 🌐 The chatbot focuses on accessible AI and revenue sharing, offering a free trial for users to experience its capabilities.
  • 📈 Palm AI has reached a $100 million market cap and is considered a blue-chip for new AI coins in the current cycle.
  • 🔥 1 million Palm tokens have been burnt, reducing the total supply and potentially increasing value.
  • 🤖 The platform allows users to create their own AI applications without prior knowledge, leveraging Google's suite of AI tools and in-house algorithms.
  • 💼 Palm AI offers revenue sharing for token holders, distributing half of all revenue generated from developments to them.
  • 🖼️ Users can generate and edit high-quality images, and mint them as NFTs on the Scale network.
  • 📊 The platform includes an AI-powered dataset generator, Endobytes, which allows individuals to create their own AI models with minimal effort.
  • 🔗 Palm AI has partnerships with major players like Scale, Zerx protocol, and Google Cloud, enhancing its credibility and capabilities.
  • 📅 The project has a robust roadmap for 2024, including centralized exchange listings, relaunches, and integrations, as well as ongoing token burns and buybacks.
  • 💰 Palm AI's revenue sharing program is designed to be easy and secure, with no fees and full control over tokens for participants.

Q & A

  • What is the main focus of Palm AI?

    -Palm AI focuses on accessible AI and revenue sharing, offering a multi-platform chatbot that uses Google's AI technology for conversations, coding, and image generation.

  • How can users interact with the Palm AI chatbot?

    -Users can try out the Palm AI chatbot for free by visiting their website and engaging with it through various platforms, including Telegram.

  • What is the significance of the 1 million Palm tokens burn?

    -The burning of 1 million Palm tokens reduces the overall supply, which can potentially increase the value of the remaining tokens and is seen as a positive development for the project's market cap.

  • What is the current market cap of Palm AI?

    -Palm AI has reached a milestone with a market cap of over $100 million, positioning it as a blue-chip for new AI coins in the current cycle.

  • What benefits do Palm token holders receive?

    -Token holders enjoy utilities like revenue sharing and access to AI software as a service. Half of all revenue generated from developments is distributed to Palm holders.

  • How does Palm AI facilitate the creation of AI applications?

    -Palm AI allows users to create their own AI applications without any prior knowledge by leveraging a mix of Google's AI tools and in-house algorithms.

  • What are some of the features of Palm AI's image generation capabilities?

    -Users can generate and edit high-quality images, with free users able to generate up to three images per hour. Token holders have access to an exclusive filtered model, unlimited retries, and a higher generation cap without watermarks.

  • What is the Endobytes platform, and how does it revolutionize AI usage?

    -Endobytes is an AI-powered data set generator invented by the Palm team, allowing individuals to create their own AI models with just a few clicks and zero coding knowledge by uploading their documents.

  • What is the significance of Palm AI's partnership with Nvidia?

    -As a full member of the Nvidia developer program, Palm AI gains access to the latest Cloud GPU deployments, which enhances their ability to stream responses and improve their AI services.

  • How does the revenue sharing program work for Palm token holders?

    -Token holders can participate in the revenue sharing program by connecting their wallet, proving token ownership, and holding the tokens for a specified period. They receive airdropped distributions without any fees or claims, with the pool's estimated percentage checked regularly.

  • What are some upcoming developments for Palm AI in 2024?

    -Palm AI has a roadmap for Q1 and Q2 of 2024 that includes a centralized exchange listing, WhatsApp relaunch, Discord integration, partnerships, token burns and buybacks, LP staking program release, DEX aggregator API SDK release, and Sora integration for image generation.

Outlines

00:00

🚀 Introduction to Palm AI and Its Features

The speaker is excited about Palm AI, a multi-platform chatbot that utilizes Google's AI technology for conversation, coding, and image generation. They mention that the chatbot is accessible for free and encourage the audience to follow Palm AI on Twitter for updates. The script highlights the burning of 1 million Palm tokens, reaching a market cap of $100 million, and compares Palm AI's market cap to that of other AI coins. The focus is on making AI accessible to everyone, allowing them to generate images, videos, and code with minimal knowledge, and the potential for token holders to benefit from revenue sharing and AI software as a service.

05:01

🌐 Palm AI's Partnerships and Tokenomics

The speaker discusses Palm AI's partnerships with major players like Scale, Zerx protocol, Google Cloud, and Google AI. They emphasize the platform's ability to mint NFTs from generated images and the upcoming implementation of the Sora video generator by Open AI. The script also covers the features available to free users and token holders, such as image generation, editing, and minting as NFTs. The speaker shares their experience with the image generation feature and explains how it can be used for various purposes, including creating thumbnails and other visual content.

10:03

🔍 Exploring Palm AI's Potential and Future

The speaker delves into the potential of Palm AI, discussing its capabilities in medical diagnosis and the ease of creating AI models with Endobytes, a platform that generates data sets for fine-tuning AI models. They mention Palm AI's membership in the Nvidia developer program and the benefits it brings, such as access to Cloud GPU deployments. The script outlines Palm AI's roadmap for Q1 and Q2 of 2024, including exchange listings, relaunches, integrations, and token burns. Lastly, the speaker talks about the Revenue sharing solution for token holders, which allows them to earn Ethereum directly without fees or locks, as long as they hold their Palm tokens for a specified period.

Mindmap

Keywords

💡Crypto

Crypto refers to cryptocurrencies, which are digital or virtual currencies that use cryptography for security and operate on a decentralized system, such as blockchain. In the video, the speaker is excited about a new AI crypto project, indicating the intersection of blockchain technology and artificial intelligence. The mention of 'Palm AI' suggests a specific cryptocurrency project that integrates AI capabilities.

💡AI

Artificial Intelligence (AI) is the simulation of human intelligence in machines that are programmed to think, learn, and problem-solve. The video emphasizes the speaker's enthusiasm for AI projects, particularly those that are accessible and can generate revenue. The 'Palm AI chatbot' is highlighted as an example of AI technology being used for conversation, coding, and image generation.

💡Palm AI

Palm AI is a project mentioned in the video that combines AI technology with cryptocurrency. It is described as a multi-platform chatbot that uses Google's AI technology for various functions. The video suggests that Palm AI is gaining traction and has reached significant milestones, such as burning tokens and achieving a high market cap.

💡Tokenomics

Tokenomics refers to the study of the economics of tokens within a cryptocurrency system, including their distribution, supply, and utility. In the context of the video, the speaker discusses the benefits of holding Palm tokens, such as revenue sharing and access to AI services. This concept is central to understanding the value proposition of Palm AI for its users and investors.

💡NFTs

Non-Fungible Tokens (NFTs) are unique digital assets that represent ownership of a specific item or piece of content, often used in the context of digital art and collectibles. The video mentions the ability to mint images generated by the Palm AI chatbot as NFTs, which is a way to create and sell digital art or other unique digital items.

💡Revenue Sharing

Revenue sharing is a business model where profits are distributed among participants, often based on their contribution or investment. In the video, it is mentioned as a benefit for Palm token holders, who can earn a share of the revenue generated from the platform's developments, creating an incentive for users to engage with the system and hold tokens.

💡Google AI

Google AI refers to the artificial intelligence technologies and services developed by Google, which include machine learning, natural language processing, and computer vision. The video highlights that Palm AI chatbot utilizes Google AI technology, suggesting a partnership or integration that enhances the capabilities of the chatbot.

💡Smart Vision

Smart Vision, as mentioned in the video, likely refers to advanced image recognition and processing capabilities that allow the AI to generate or edit images based on user input. This is a key feature of the Palm AI chatbot, demonstrating its utility in creating visual content.

💡Endobytes

Endobytes, as described in the video, is a platform product invented by the Palm team that allows users to create their own AI models by uploading documents and generating a data set. This simplifies the process of fine-tuning AI models for specific business needs, making AI technology more accessible to individuals and businesses without coding knowledge.

💡Nvidia Developer Program

The Nvidia Developer Program is a platform that provides developers with access to Nvidia's latest technologies, including cloud GPU deployments. The video mentions that Palm has become a full member of this program, which suggests that the project benefits from advanced computing resources to improve its AI capabilities and performance.

💡DEX Aggregator

A DEX (Decentralized Exchange) Aggregator is a service that combines liquidity from multiple decentralized exchanges to provide users with the best possible trading conditions. The video mentions the release of a DEX aggregator as part of Palm's roadmap, indicating the project's plans to enhance its cryptocurrency trading features and user experience.

Highlights

Palm AI is a multi-platform chatbot that uses Google's AI technology for conversations, coding, and image generation.

Palm AI focuses on accessible AI and revenue sharing, offering a chatbot to try for free.

Palm AI has burned 1 million tokens, bringing the total to a nearly seven-figure burn.

Palm AI reached a milestone of a $100 million market cap.

Palm AI has a market cap of over $400 million and is partnered with major players like Scale, Zerx protocol, and Google Cloud.

Palm AI allows users to create AI applications without prior knowledge and enjoy revenue sharing benefits if they hold the Palm token.

Palm AI's chatbot can generate and edit images, and mint them as NFTs on the Scale network.

Palm AI is committed to being the first to implement the Sora video generator by Open AI, exclusively for token holders.

Palm AI's platform Endobytes allows users to create their own AI models with just a few clicks and no coding knowledge.

Palm AI has become a full member of the Nvidia developer program, gaining access to the latest Cloud GPU deployments.

Palm AI's roadmap for Q1 and Q2 of 2024 includes a centralized exchange listing, WhatsApp relaunch, and Discord integration, among other features.

Palm AI offers a revenue sharing solution where holders can be airdropped earnings as long as they hold their tokens for a specified period.

Palm AI has distributed $87,000 to holders so far, with 60% of the circulating supply in the revenue sharing program.

Palm AI's chatbot can generate high-quality images, with free users able to generate up to three per hour and unlimited images for token holders.

Palm AI's platform includes features like image generation, video generation, and coding, with the potential for various applications in different industries.

Palm AI emphasizes the importance of security and adaptability in its revenue sharing solution, ensuring a user-friendly experience.

The speaker is bullish on both crypto and AI, finding Palm AI particularly exciting due to its utility and token holder benefits.

Palm AI's chatbot can be used for various purposes, such as generating thumbnails for content creators, showcasing the practical applications of AI in everyday tasks.