Launch of the Magic Composer Tool by Oncyber to Improve Metaverse Platforms
A new tool called Magic Composer has been introduced by Oncyber, a metaverse platform that enables NFTs from different wallets and chains. The tool uses text prompts to enable real-time updates to Oncyber’s metaverse platforms where artists showcase their digital assets or NFTs. It is powered by OpenAI’s GPT-3.5 model.
A preview video shows how the Magic Composer can alter the sky’s color and appearance, add NFT artwork from linked crypto wallets, and change the style and dimensions of photo frames. Oncyber CEO and creator Rayan Boutaleb stated that this is merely the first iteration of the product in a recent interview.
Users will be able to bring their dreams or hallucinations onto a 3D canvas and experience the consequences of their imagination in the following iteration. In addition, Boutaleb acknowledged a gap between the capability of Oncyber’s game-like engine and the visual user interface, which he intends to close by gradually introducing more sophisticated generative capabilities.
On March 20, Oncyber asked interested consumers to sign up for a beta experience and start testing the software. The company’s ultimate objective is to free customers from constraints and impediments.
Artificial Intelligence in Crypto and Web3 Projects Improves User Experience
Not all Web3 or cryptocurrency projects leverage AI technologies to enhance user experience, including Oncyber. A Web3-focused search engine with AI capabilities, Kaito, just acquired $5.3 million in initial investment to grow its workforce and quicken product development.
In a similar vein, US exchange PayBito declared its plans to include ChatGPT into its market analysis in order to recognize emerging patterns and open up new trading possibilities.