Paysenger (EGO) Crypto is a novel real-world cryptocurrency application that aims to address copyright protection challenges in the AI epoch by offering solutions for digital content protection and monetization using AI instruments and blockchain technology. Paysenger protects content from abuse in the era of AI by verifying the authorship of the content and preventing it from being copied by generative AI platforms.
The Paysenger platform uses artificial intelligence to browse the artwork in the creator's portfolio and generate new projects. Paysenger then secures the copyright for these AI-generated pieces of content by leveraging blockchain technology and non-fungible tokens (NFTs). Every artwork created on Paysenger using AI is attributed to its original creator rather than the team of AI instruments that generated it, streamlining the content monetization procedure for creators.
The EGO token plays a pivotal role as the native cryptocurrency of Paysenger. It serves as a multi-purpose token that facilitates all transactions on the platform and supports interaction between its various elements. EGO covers the entire "production" chain of generative art, from minting and selling NFTs to rewarding the original authors.
The Paysenger team introduced the EGO token to the general public via an initial decentralized exchange offering (IDO) on various platforms. EGO's importance lies in bridging the web 2.0 audience and the world of blockchain technologies, gradually immersing creators and experts in the crypto world while offering a unique experience that differentiates it from web 2.0 competitors.
As of August 2023, Paysenger's services are available to 50,000 users, including digital content creators, as the platform collaborates with experts and influencers in the art business. Paysenger aims to solve issues related to copyright infringement, unethical AI-art generation tools, and monetizing content in the AI era, all while supporting creators and building a user base for blockchain networks.
