Paysenger (EGO): Using AI to Empower Content Creation

Artificial intelligence (AI) offers significant potential benefits, but many people consider it to be a disruptive technology. In the creative sphere, for example, AI is already impacting human artists through its ability to create unique art. However, when properly applied, artificial intelligence can benefit creators by enabling them to take ownership of AI-generated work. Paysenger has been specifically designed to harness AI's power to support creators positively. 

Key Takeaways:

• Paysenger supports content monetization for idea makers and creators, turning created content into NFTs while also facilitating direct collaboration with paid audiences. 

• Paysenger uses proprietary AI developed specifically to adopt a creator’s unique style. 

• Paysenger’s native token is EGO, the utility token powering Paysenger’s ecosystem.

What Is Paysenger?

Paysenger is a collaborative platform powered by major blockchain platforms like Polygon and Consensys. It’s designed to support creators through its personalized AI model that generates art based on the creator's style. 

Paysenger not only takes the middleman out of the content creation process, but also ensures a fair income distribution for all social media participants in various ways. For instance, it incentivizes collaboration by rewarding both idea makers and creators for creating content, and also rewards consumers for engaging with content. In addition, on top of rewarding content creators who create viral content, idea makers also earn from the viral content, and anyone who engages in the content by liking, sharing or commenting on it is also rewarded.

How Does Paysenger Work? 

The Paysenger platform consists of three participants: an idea maker or requestor, a creator, and a consumer or user. They all interact via EGO tokens, which support the functionality of this revolutionary collaboration platform.

An idea maker, either a company brand sponsor or an individual, starts the process by requesting content from a specific creator. The creator receives payment in the form of EGO tokens. The new content is converted into an NFT, allowing both of the collaborating parties to retain ownership of the work and profit from it. Paysenger rewards both parties with EGO tokens for their content’s performance and audience engagement. Paysenger’s consumers then support the creators by buying their content once or subscribing to it monthly. Content creators are further rewarded every time the NFT they’ve created is sold.

Audience engagement is then incentivized through contests in which the platform’s consumers can participate for a chance to earn EGO, as well as engagement in content via the Like, Follow and Comment features. Paysenger also has a loyalty program, enabling users to purchase higher loyalty with tokens. Loyalty program rewards include automatic minting of content as NFTs, token withdrawals, free access to premium content and more.

An Intuitive AI Model

Paysenger also uses an innovative artist-specific AI model that learns and generates art in an artist’s unique style. There are three features in this AI model: AI-generated visual art, AI-generated chat and AI-generated photo. 

For the AI visual art and photo tools, artists can upload their collection as a dataset for the AI model to learn from and generate art, based on the artist’s style. Then, an idea maker or consumer can request content that the AI will generate and mint into an NFT before sending it to the requester. Other creators can also request to collaborate through prompts to create new AI works that combine the original creator’s distinct style with the idea of the secondary creator.

The AI chat is an additional source of support for creators. They can upload their social media texts, from which the AI model can learn — and then chat with fans and brands on their behalf.

Source: docs.paysenger.com

What Is the EGO Token?

The EGO token is the native token of the Paysenger platform. As noted earlier, EGO tokens are required to use Paysenger at full capacity, and can be staked to earn even more EGO tokens.

The total EGO token supply is 1 billion. The final tokenomics distributes EGO in six main parts: 12.2% allocated to various sale rounds, 15% set aside for the team, 5% for advisors, 40.5% for marketing and ecosystem rewards, 6% for liquidity and 21.3% for treasury. 

EGO Token Price Prediction

As of Jul 12, 2023, EGO’s price is $0.062679, down 22.6% from its ATH of $0.081 on Jul 6, 2023, and 0.56% higher than its lowest price of $0.062637 on Jul 8, 2023. 

According to PricePrediction, EGO’s price will steadily increase over the next eight years. At the end of 2023 the price is projected to reach $0.84, and may jump to $0.19 by the end of 2025, $0.41 by 2027 and $0.84 in 2029, before finally crossing the $1 mark in 2030 and reaching $1.71 in 2031. 

DigitalCoinPrice also forecasts an increase in EGO’s price, predicting $0.14 at the end of 2023 and $0.23 in 2025. The anticipated growth for the following years is slower, with projected prices of $0.28 in 2027, $0.47 in 2029 and $0.90 in 2031. 

Is Paysenger (EGO) a Good Investment?

AI has largely been viewed as a major disrupter in the content creation space, with many critics slamming AI as a tool being used to steal artists’ creations and sell generative art. 

Paysenger is flipping the script and allowing creators to harness the power of AI positively with the platform’s proprietary AI, developed specifically to support an individual creator’s efforts by learning their creative style. Through its unique AI function, Paysenger has the ability to revolutionize the creative industry. 

Paysenger’s focus on social media and content creation is forward-thinking as social media consumption becomes even more ingrained in our society. Coupled with its innovative use of AI to benefit creators, the platform is expected to thrive in the years ahead. 

Paysenger’s potential growth makes EGO a potentially solid investment to consider. That said, Paysenger is still a relatively new platform, so investors should always conduct their own research before making an investment.

Where to Buy the EGO Token

Because EGO tokens are used to pay creators for their services, buying the token is essential in order to start using the platform. You can purchase EGO as a Spot pair on Bybit (EGO/USDT). Simply open a new Bybit account and link your funded wallet to make a purchase. 

From Jul 5 – 26, 2023, Bybit is running two special events, with a total prize pool of 1,833,000 EGO, to commemorate this new Spot pair. 

For the first event, running from Jul 5 to 26, new Bybit users who purchase at least 1,666 EGO, or who make an initial deposit of at least 100 USDT and an EGO purchase as their first trade, can win a part of the 1 million EGO tokens prize pool. Existing Bybit users who participate in a similar fashion can qualify to win a portion of a 330,000 prize pool. 

The second event, from Jul 6 – 20 is a staking event with a 500,000 prize pool, in which participants who stake up to 5,000 EGO with Flexible Savings can earn up to 399% yield. 

Closing Thoughts

AI has the potential to make content monetization increasingly difficult, but Paysenger presents a solution. The Paysenger team has developed their platform specifically to foster AI-supported content creation, as well as direct collaboration between parties. This platform is changing the game for both idea creators and content creators and deserves a closer look. 

#Bybit #TheCryptoArk