3 Practical Tips to Boost Your Business with AI Voice Cloning Technology

Paulina Lewandowska

15 Mar 2023
3 Practical Tips to Boost Your Business with AI Voice Cloning Technology

Introduction

AI Voice cloning technology has been gaining popularity in recent years, and for good reason. With the ability to create realistic and natural-sounding voices, businesses can now leverage this technology to enhance their customer experience and improve their bottom line. In this blog post, we'll explore three practical tips for using AI voice cloning technology to boost your business. So whether you're a small business owner or a large corporation, read on to learn how you can take advantage of this game-changing technology.

Types of AI voice cloning technology

Text-to-speech synthesis is a sort of AI voice cloning technology. In order to do this, a computer program that can read text aloud in a certain voice must be developed. To produce speech that resembles a particular person's voice, the program examines the text and applies algorithms. This can be helpful for developing personal voice interfaces or more realistic virtual assistants. 

Voice conversion is a different subset of AI voice cloning. This is taking a vocal recording of a person and altering it with algorithms to create a different voice. This can help create text-to-speech software that sounds more realistic by, for instance, changing a robotic voice into a more human-sounding one.

Prime Voice AI

Prime Voice AI is an example of a product which is a game-changer in AI voice cloning technology. This sophisticated and adaptable software created by Eleven uses deep learning models to produce human-like intonation and inflection with unmatched fidelity. The generation of high-quality spoken audio in any voice and style for a variety of applications, including narrative, news stories, newsletters and blogs, audiobooks, and more, is now possible for content producers, publishers, and developers. 

One of Prime Voice AI's key benefits is its capacity to produce emotions and laughter in AI-generated voices, which makes the audio content more interesting and lifelike. Using the tool's generative model, users can also copy already-existing voices from samples or build brand-new synthetic voices from start.

Also, the program provides a cutting-edge text-to-speech (TTS) model that enables users to turn any written work into flawless professional audio at a fraction of the time and cost often associated with recording. Moreover, Prime Voice AI includes a voice lab where users may clone and build artificial voices as well as a Projects workstation where users have complete control over the creative process and can guide and edit narration.

How AI cloning technology can improve your business?

Here are 3 practical tips on how your business can benefit from this cutting-edge technology:

Personalized Customer Support

AI voice cloning technology can be utilized to build virtual assistants that can offer customers customer care that is tailored to their needs. The virtual assistant can serve clients in a more personalized and effective way by mimicking a company representative's voice. It is possible to program the virtual assistant to respond to frequently asked inquiries, offer information about the products, and even address consumer concerns. This may boost customer retention and improve customer satisfaction.

Audio Marketing

Audio commercials can be produced using AI voice cloning technology that seem more realistic and interesting. The ability of the technology to duplicate a firm spokesperson's or brand ambassador's voice helps strengthen connections with the target market. This may help to raise brand recognition, foster trust, and eventually enhance sales.

Language Localization

Audio content can be globalized for many locales and languages using AI voice cloning technology. To produce audio material that resonates better with the local audience, a business can, for instance, clone the voice of a local spokesperson or star. This can help to build brand awareness across several geographies and boost the efficacy of marketing campaigns.

How far are we?

Users can currently clone their own voices or already-existing voices from samples using the voice cloning tool. We may state that we are quite advanced in this field based on the fact that the tool uses a cloning model that can learn any speech profile based on just a minute of audio, without the requirement for training. 

To examine and understand the voice rhythms, intonation, and other speech traits of the target voice, deep learning models are used. The cloned voice that emerges is incredibly realistic and suitable for a range of uses, including voice acting in video games and other media as well as audiobooks and podcasts.

Additionally, the product offers a voice lab with more sophisticated features for voice cloning and artificial voice generation. With the help of this function, users can generate brand-new synthetic voices from scratch or alter pre-existing voices to produce distinctive and individualized sounds. The voice lab feature is very sophisticated and needs some technical know-how, but it gives users a lot of flexibility and creative freedom to produce original and compelling audio content.

Conclusion

In conclusion, AI voice cloning technology imitates and mimics a person's speech using artificial intelligence algorithms. With the aid of this technology, a computer program may listen to audio recordings of individuals and then produce fresh speech that sounds just like them. With the help of deep learning models, which study and learn speech patterns and voice patterns, it is now possible to copy existing voices from samples or even an individual's own voice. The cloned voices that are produced are incredibly realistic and can be used in a variety of contexts, including podcasts and audiobooks. Those who wish to produce original and captivating audio material have more flexibility and creativity thanks to sophisticated features like voice labs.

Lately, we also published a list of AI tools which streamline and accelerate everyday work, check on here.

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Aethir Tokenomics – Case Study

Kajetan Olas

22 Nov 2024
Aethir Tokenomics – Case Study

Authors of the contents are not affiliated to the reviewed project in any way and none of the information presented should be taken as financial advice.

In this article we analyze tokenomics of Aethir - a project providing on-demand cloud compute resources for the AI, Gaming, and virtualized compute sectors.
Aethir aims to aggregate enterprise-grade GPUs from multiple providers into a DePIN (Decentralized Physical Infrastructure Network). Its competitive edge comes from utlizing the GPUs for very specific use-cases, such as low-latency rendering for online games.
Due to decentralized nature of its infrastructure Aethir can meet the demands of online-gaming in any region. This is especially important for some gamer-abundant regions in Asia with underdeveloped cloud infrastructure that causes high latency ("lags").
We will analyze Aethir's tokenomics, give our opinion on what was done well, and provide specific recommendations on how to improve it.

Evaluation Summary

Aethir Tokenomics Structure

The total supply of ATH tokens is capped at 42 billion ATH. This fixed cap provides a predictable supply environment, and the complete emissions schedule is listed here. As of November 2024 there are approximately 5.2 Billion ATH in circulation. In a year from now (November 2025), the circulating supply will almost triple, and will amount to approximately 15 Billion ATH. By November 2028, today's circulating supply will be diluted by around 86%.

From an investor standpoint the rational decision would be to stake their tokens and hope for rewards that will balance the inflation. Currently the estimated APR for 3-year staking is 195% and for 4-year staking APR is 261%. The rewards are paid out weekly. Furthermore, stakers can expect to get additional rewards from partnered AI projects.

Staking Incentives

Rewards are calculated based on the staking duration and staked amount. These factors are equally important and they linearly influence weekly rewards. This means that someone who stakes 100 ATH for 2 weeks will have the same weekly rewards as someone who stakes 200 ATH for 1 week. This mechanism greatly emphasizes long-term holding. That's because holding a token makes sense only if you go for long-term staking. E.g. a whale staking $200k with 1 week lockup. will have the same weekly rewards as person staking $1k with 4 year lockup. Furthermore the ATH staking rewards are fixed and divided among stakers. Therefore Increase of user base is likely to come with decrease in rewards.
We believe the main weak-point of Aethirs staking is the lack of equivalency between rewards paid out to the users and value generated for the protocol as a result of staking.

Token Distribution

The token distribution of $ATH is well designed and comes with long vesting time-frames. 18-month cliff and 36-moths subsequent linear vesting is applied to team's allocation. This is higher than industry standard and is a sign of long-term commitment.

  • Checkers and Compute Providers: 50%
  • Ecosystem: 15%
  • Team: 12.5%
  • Investors: 11.5%
  • Airdrop: 6%
  • Advisors: 5%

Aethir's airdrop is divided into 3 phases to ensure that only loyal users get rewarded. This mechanism is very-well thought and we rate it highly. It fosters high community engagement within the first months of the project and sets the ground for potentially giving more-control to the DAO.

Governance and Community-Led Development

Aethir’s governance model promotes community-led decision-making in a very practical way. Instead of rushing with creation of a DAO for PR and marketing purposes Aethir is trying to make it the right way. They support projects building on their infrastructure and regularly share updates with their community in the most professional manner.

We believe Aethir would benefit from implementing reputation boosted voting. An example of such system is described here. The core assumption is to abandon the simplistic: 1 token = 1 vote and go towards: Votes = tokens * reputation_based_multiplication_factor.

In the attached example, reputation_based_multiplication_factor rises exponentially with the number of standard deviations above norm, with regard to user's rating. For compute compute providers at Aethir, user's rating could be replaced by provider's uptime.

Perspectives for the future

While it's important to analyze aspects such as supply-side tokenomics, or governance, we must keep in mind that 95% of project's success depends on demand-side. In this regard the outlook for Aethir may be very bright. The project declares $36M annual reccuring revenue. Revenue like this is very rare in the web3 space. Many projects are not able to generate any revenue after succesfull ICO event, due to lack fo product-market-fit.

If you're looking to create a robust tokenomics model and go through institutional-grade testing please reach out to contact@nextrope.com. Our team is ready to help you with the token engineering process and ensure your project’s resilience in the long term.

Nextrope Partners with Hacken to Enhance Blockchain Security

Miłosz

21 Nov 2024
Nextrope Partners with Hacken to Enhance Blockchain Security

Nextrope announces a strategic partnership with Hacken, a renowned blockchain security auditor. It marks a significant step in delivering reliable decentralized solutions. After several successful collaborations resulting in flawless smart contract audits, the alliance solidifies the synergy between Nextrope's innovative blockchain development and Hacken's top-tier security auditing services. Together, we aim to set new benchmarks, ensuring that security is an integral part of blockchain technology.

Strengthening Blockchain Security

The partnership aims to fortify the security protocols within blockchain ecosystems. By integrating Hacken's comprehensive security audits with Nextrope's cutting-edge blockchain solutions, we are poised to offer unparalleled security features in our projects.

"Blockchain security should never be an afterthought"

"Our partnership with Hacken underscores our dedication to embedding security at the core of our blockchain solutions. Together, we're building a safer future for the industry."

said Mateusz Mach, CEO of Nextrope

About Nextrope

Nextrope is a forward-thinking blockchain development house specializing in creating innovative solutions for businesses worldwide. With a team of experienced developers and blockchain experts, Nextrope delivers high-quality, scalable, and secure blockchain applications tailored to meet the unique needs of each client.

About Hacken

Hacken is a leading blockchain security auditor known for its rigorous smart contract audits and security assessments. With a mission to make the industry safer, Hacken provides complex security services that help companies identify and mitigate vulnerabilities in their applications.

Looking Ahead

As a joint mission, both Nextrope and Hacken are committed to continuous innovation. We look forward to the exciting opportunities this partnership will bring and are eager to implement a more secure blockchain environment for all.

For more information, please contact:

Nextrope

Hacken

Join us on our journey to deliver top-notch blockchain tech and a safer future for the industry!