Fame AI (FMC): Exploring New Realms of Digital Self-Expression
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If you like the idea of being an influencer but don't want to post pictures of yourself all over the internet, Fame AI is worth checking out. This web3 product harnesses the power of generative AI to create custom, realistic digital avatars that you can use for everything from a photoshoot to a report on beauty trends. Does Fame AI really provide the true anonymity and creativity it promises? Explore this guide to find out.
Key Takeaways:
Fame AI is a web3 platform that enables people to easily create a digital online identity. With generative AI, users can create realistic-looking personas to represent themselves.
Looking to trade Fame AI tokens? Bybit now offers the FMC/USDT Spot trading pair. To celebrate this listing, Bybit is holding an exclusive event where you can earn a share of the 80,000 USDT prize pool.
What Is Fame AI?
Fame AI is a web3 platform that allows people to easily create a digital online identity. With generative AI, users can create realistic-looking personas to represent themselves. A few clicks can create a variety of images and videos to use for online influencing.
History of Fame AI
Fame AI's creators are a great example of the project's commitment to privacy and anonymity. Almost no information is publicly available about those who created the project or the concepts behind its design. However, even if no one knows their names or their work experience, the project still reveals some interesting details about the Fame AI team.
As their blogs reveal, the team hopes to revolutionize the world of social media influence by allowing anyone to use a Fame AI persona. Fame Ai’s creators plan to democratize social media influence and let people connect without posting their complete identities online.
What Does Fame AI Aim to Achieve?
Fame AI’s main priorities are realism and convenience. Since its creators want to provide users with a new means of digital self-expression, a lot of time and energy has gone into creating realistic-looking faces. The team hopes that their designs can recreate the fluidity and expressiveness of a real person.
Fame AI has also focused on creating a convenient interface for users. To ensure that people can fully explore the self-expression services it offers, the platform has put a lot of thought into designing software that’s easy to use, creating a system with which even those who aren't tech-savvy can design their own digital identities.
How Does Fame AI Work?
Fame AI uses generative adversarial networks (GANs) to design its avatars. A generative neural network creates images, and then a discriminating neural network evaluates them for realism. To further help with such realism, Fame AI also incorporates transformer models that can easily handle sequential data and quickly adapt to incorporate new data. This mechanism ensures that each Fame AI avatar expresses emotions with ease, easily adjusting to mimic your desired poses and gestures.
All of these technological details are hidden away behind the convenient Fame AI interface. To use the platform's digital self-expression services, users simply launch the Fame AI software or open the Fame AI app. Through these interfaces, you can select your desired AI model, customize its physical style and behavior, and connect it to your preferred social media profile.
Features of Fame AI
Fame AI allows users to access a variety of helpful features, described in detail below.
FameEngine
FameEngine is the software that powers each digital avatar. In addition to designing a custom physical style for each influencer, FameEngine also includes a variety of helpful tools for influencers such as voice alteration, digital fashion and content editing. The software is carefully designed to always protect users' privacy and anonymity.
Fame DAO
Fame AI hopes to involve users in every aspect of the site. People can utilize the Fame DAO to do things like vote on proposals or request new features.
AI Influencers
Fame AI has used its software to create a roster of in-house AI influencers, whose comprehensive profiles have a robust social media presence, and display Fame AI technology not yet available to the public. These influencers are available to partner with brands for sponsorship deals.
Fame AI Road Map
In the new year, Fame AI’s team hopes to finally launch their mobile app, originally planned for 2022. This will give users the ability to access Fame AI's digital identity services without having to use software on a computer.
The other upcoming feature listed on the Fame AI website is that of increased use for its digital avatars. Currently, the only types of digital avatars open to the public are static images. Fame AI hasn't listed a precise release date for video and live-streaming services, but says they are coming soon.
FMC Tokenomics
The Fame AI token, alternatively called FMC or FAME, is a fundraising token that the site released to generate hype and income for their project. It also functions as a rewards token for Fame AI users, and as a governance token for the DAO.
The Fame AI token has a maximum supply of 10 billion and a circulating supply of 2.6 billion. Fame AI plans to distribute the FMC token in the following manner:
Token Reserve: 25%
Seed: 23%
Platform Rewards: 22%
Staking and Marketing: 22%
Initial Viral Offering: 5%
Liquidity: 3%
FMC Price Prediction
After reaching an all-time low of $0.00087269 on Dec 23, 2023, the Fame AI token is currently priced at around $0.0010. Despite its recent drop in prices, FMC has managed to generate a lot of hype on social media.
Analysts at Boxmining point out that the coin is in position to take advantage of the growing interest in AI self-expression and digital fashion. Experts at PricePrediction suggest that FMC’s price will reach $0.0013 at the end of 2023 and increase to $0.003 in 2025 and $0.0187 in 2030.
However, keep in mind that Fame AI's prices are currently following the pattern of many other trending startups. CoinCodex believes that the FMC token is likely to experience some brief price increases in the next few years before facing a gradual decline, with the potential to triple in price and reach $0.003, but may then drop back to around $0.001 again.
Where to Buy FMC
If you're interested in the Fame AI project, you can trade FMC tokens on Bybit. To get started, you’ll first need to create a Bybit account, fund it with cryptocurrency and navigate to the FMC/USDT Spot trading page.
To celebrate this listing, Bybit is holding an exclusive event where you can earn a share of the 80,000 USDT prize pool from now till Jan 3, 2024, at 8:59AM UTC.
If you’re new to Bybit, simply be among the first 3,000 new users to follow the two steps below within the event period to receive 20 USDT:
Sign up on Bybit and complete Identity Verification.
Accumulate a deposit volume of at least 50,000 FMC; or deposit 100 USDT and buy any amount of FMC via your first trade using your Bybit account.
If you already have an account prior to Dec 13, 2023, 10AM UTC, you still have the chance to earn 5 USDT. Simply accumulate a deposit volume of 50,000 FMC, or deposit 100 USDT and buy 100 USDT worth of FMC using your Bybit account. Please note that rewards will be distributed on a first come, first served basis to the first 4,000 users.
Is FMC A Good Investment?
If you're looking for a volatile crypto coin with the potential in the near future for some sudden price spikes, FMC is a good choice. It's trending right now, thanks to a positive beauty-trend report on AI, and its recent price drop makes it easier to invest in this crypto. Those with extra funds to play with might be able to use FMC as a high-risk, high-reward investment.
However, if you want a long-term investment that's likely to flourish for years, FMC probably isn't for you. Although this crypto is part of an intriguing project, you’re encouraged to do your own research before investing. Deadlines for some releases have been pushed back, and a lot of promised features aren't yet available. Ultimately, these potential issues mean investors should be cautious about FMC.
Closing Thoughts
Fame AI is a fun way to explore beauty trends and AI designs, one which also makes it a lot easier to retain your online privacy. Though this generative AI project is still in its early stages, it's already attracted a lot of positive attention. As long as Fame AI is able to deliver on its promises and acquire more users, it has the potential to become increasingly popular.
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