The best AI tools for everyday use

Paulina Lewandowska

15 Feb 2023
The best AI tools for everyday use

The way we live, work, and communicate has been changed by artificial intelligence (AI). AI-powered solutions, such as chatbots and virtual assistants, are facilitating and streamlining commonplace tasks. We'll look at four AI technologies in this article that can assist you with everything from writing to legal problems to video creation to teaching. These AI technologies can ease your life and increase your productivity, whether you're trying to write better, save money on legal bills, shoot high-quality films, or get help with your homework.

Wordtune

Wordtune is an AI-powered writing tool that can help users write better by offering suggestions for different ways to phrase and word their sentences. The program analyzes the context of a sentence using natural language processing and machine learning algorithms, then offers suggestions to help users articulate their thoughts more effectively. 

Wordtune works with a number of well-known text-based programs, such as Google Docs, Gmail, and Microsoft Word, and it may be used as a standalone program or as a browser extension.

Key features:

  • Wordtune can offer alternate phrase and phrasing choices for a particular sentence or paragraph. Users have a choice of suggested options to pick from, which might aid in helping them express their ideas more succinctly and precisely. 
  • Tone and style: Wordtune can also make suggestions for adjustments to a piece of writing's tone and style. Depending on the audience and circumstances, users may decide to write in a more official or informal style, for instance. 
  • English, Spanish, French, German, Portuguese, and other languages are among the many that Wordtune supports. 
  • Customization: Wordtune users can choose which suggestions they want to receive so they can concentrate on improving a particular skill, such grammar, vocabulary, or syntax.

Syntesia

An AI-powered platform called Synthesia enables users to produce realistic and interesting video content using synthetic media. The platform creates lifelike digital avatars that can be modified with multiple looks, sounds, and languages using cutting-edge AI technology. 

Users of Synthesia can produce a wide range of video material, such as explainer films, product videos, and personalized video messages. Users may make movies that complement their brand identity using the platform's variety of customization choices, which include various backdrops, fonts, and music tracks.

Key features: 

  • Avatars driven by AI: Synthesia creates lifelike digital avatars that can be customized with various looks, voices, and languages. This enables users to produce compelling and more individualized video content. 
  • Support for several languages: Synthesia includes support for English, Spanish, French, German, and Mandarin. Users are now able to produce video content that is specifically suited to their worldwide audience. 
  • Customizable video templates are available from Synthesia, enabling users to produce polished videos even without prior design or editing knowledge. 
  • Statistics: Users may access detailed analytics and reporting on their video content from Synthesia, including measurements for viewer engagement and demographics.

DoNotPay

DoNotPay is a chatbot using artificial intelligence (AI) that helps people with legal issues.

They employ machine learning and natural language processing to comprehend customer inquiries and offer pertinent legal counsel. Users can utilize the chatbot to assist them with a number of tasks, including contesting parking citations, requesting reimbursement for delayed flights, and navigating small claims court. Users can also use it to create contracts and legal documents.

DoNotPay's emphasis on offering legal aid to people who might not have the money to employ an attorney is one of its distinctive characteristics. The chatbot's services are offered for free or at a modest cost, and it is made to be accessible for everyone and user-friendly. 

This tool can be a useful for people who need simple legal advice, even if it cannot take the place of a qualified attorney. The chatbot's AI-powered platform can surely save consumers time and money by giving them access to timely and concrete legal advice.

Socratic

An software called Socratic uses AI to assist students with their homework and other study-related tasks. When a student asks a question, the app uses computer vision technology to evaluate and comprehend it. It then offers pertinent resources and explanations to help the student understand the idea they are having trouble with. 

Socratic can assist with both straightforward and difficult questions, and it covers a wide range of subjects, including math, physics, history, and English language arts. To aid students in learning the material better, the app offers connections to related videos, definitions, and diagrams along with detailed explanations for many problems.

They offer tools like practice problems, quizzes, and flashcards to help students reinforce their learning and get ready for exams in addition to offering assistance with homework queries. Additionally, the app provides "Explainers," which are brief interactive animations made to aid students in comprehending difficult subjects.

Conclusion

In summary, there is no denying the power of AI, and these four technologies are just a few examples of how it may make our daily life better. We may anticipate even more cutting-edge applications of AI that will enable us to work more effectively rather than harder as technology develops. You may be more productive, save time, and even pick up new skills more quickly with the help of these AI technologies. Therefore, why not give them a shot and discover how they can enhance your everyday schedule?

Also, are you a developer? You have to get to know these programmers-dedicated tools.

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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!