World Premiere: Crowd Media Holdings Limited (ASX:CM8) Flags NFT Collection for Celebrity Interactions

Sydney, Australia (ABN Newswire) – Over the past 12 months, tech-savvy investors who understand the technology behind NFTs (non-fungible tokens) have made a lot of money from digital assets, but as the market progresses Quickly, the artificial intelligence company Crowd Media Holdings Limited (ASX:CM8) (FRA:CM3) reported a first global collection which is currently in development.

Specialists in artificial intelligence applied to humanized interactions, Crowd Media is set to apply its AI-generated media to an NFT collection that CEO Idan Schmorak describes as a world first.

“We are working on a very big project with an NFT partner in the United States who have created a very successful NFT series.”

“We will, very soon, create a series that will be entirely AI-generated. It will be the first NFT series in the world that will allow you to interact with a person.

“You don’t get a photo, you don’t get a model, you get an interaction. And in the future, you can get an interaction with a celebrity that is personally made for you.”

The interactions referenced by Schmorak come from Crowd’s Talking Head AI platform which can create digital avatars of real people through deepfake technology and 3D imaging. These avatars are then combined with Crowd’s synthetic audio capabilities for voice cloning, which then creates an authentic replica of the original person turned avatar.

To watch Idan Schmorak explain, please visit:
https://www.abnnewswire.net/press/en/109974

Powering these audio and visuals is then Crowd’s flagtech AI which acts as the ‘brain’ which processes the questions posed to the avatar and then responds in real time, a process fully looped by the AI of Crowd which can be applied in any of the countries in the world. spoken languages.

The market for personalized interactions took off in recent years thanks to the launch of OnlyFans where celebrities and influencers were able to monetize content and then charge premium prices for personalized content. Taking this marketplace further, Crowd Media and NFT development partner Impssbl are working on an NFT project where a monetary value can be applied to the interaction which can then be openly traded on NFT marketplaces.

This tokenization of interactions could then allow celebrities and influencers to sell interactions ranging from 10 seconds to an hour to the highest bidder, depending on the holder of the NFT.

Aware of the blurring of reality between human and digital interactions, Schmorak does not intend to mislead token owners, most of whom will likely feel more comfortable interacting with the digital avatar than with a real person.

“Obviously there’s a lot of ethics that we’ll have to implement in our system to make it clear to users that they’re talking with a virtual human and it’s all pretty synthetic, but we deal with those things every day. ”

This form of synthetic media is currently experiencing a boom in itself with the acceleration of the Metaverse where proactive companies have rushed to digitize their business operations for the Metaverse, a process that Crowd Media is also facilitating.

As early adopters of most Metaverse concepts, Crowd had already been developing AI for the Metaverse for several years before Facebook was renamed Meta.

“Crowd has been developing the technology here for two years. We have stayed true to the assumption and realization that users spend more time on the computer and what we lack as users using the Metaverse, these websites , even on a day-to-day basis, the consumer products we buy online is a human experience.”

“And that’s exactly what we’re creating.”

About Crowd Media Holdings Limited:

Crowd Media Holdings Ltd (ASX:CM8) (FRA:CM3) is an artificial intelligence company leveraging its AI platform for applications in conversational commerce.

Source:
Crowd Media Holdings Limited

Contact:

Idan Schmorak, CEO
Crowd Media Holdings Limited
E: [email protected]

Alfred Chan
Investor Relations
E: [email protected]
 

About Norman Griggs

Check Also

Varied functionality of an enzyme that breaks down lipids

Researchers from the Karolinska Institutet recently published a study on npj Biofilms and Microbiomeswhich describes …