Omnity Network Launches Omnity AI

Omnity Network has introduced Omnity AI, an AI-driven multichain protocol for distributing crypto tokens on social media. At Chain Fusion Day 2024 in Nashville, they showcased how Omnity AI allows Grant Makers to deposit Bitcoin Runes and create Grants via tweets on X (formerly Twitter). Using a Large Language Model (LLM), the xAgent interprets these tweets and sets tasks for Grant Takers, who earn Runes by completing the tasks. These Runes can be moved to any ICP wallet, Bitcoin, or a Bitcoin Layer 2 through the Omnity Omnichain Hub. An Evaluator AI component analyzes engagements to determine reward allocations, with feedback from Makers helping to refine its accuracy. Omnity AI plans to expand to other social media platforms and support more blockchains, including Ethereum and Solana. The system relies on ICP's Chain Fusion tech for blockchain interoperability and DeAI infrastructure for running AI models on-chain. Initially, compute-intensive components will run off-chain, with plans to migrate on-chain by the end of 2024. This integration aims to revolutionize community building for meme coin issuers and Web3 projects on social media.