Solana Hackathon TOP 3, AI Project CAI | CharacterX Daily Active Users Exceed 200,000

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2 days ago

Author: CAI | CharacterX

The moment the Solana hackathon announced the winners, the entire studio exploded with excitement. "CAI | CharacterX's CEO Gieno recalled, "This is not only a recognition of our technical strength but also validates our core belief—that the future of AI will be unrestricted."

Choosing to Go Against the Tide

In 2023, with the explosive popularity of ChatGPT, the AI field received unprecedented attention. However, in this blue ocean, entrepreneurs quickly encountered a common challenge: the heavy restrictions of centralized large models made it difficult for many innovative applications to take off.

"At that time, we were thinking that if we really wanted to serve users well, we needed to have our own model," Gieno said. This decision was bound to be difficult—it meant going solo in a race filled with global tech giants. But for the CAI ( | CharacterX) team, this choice felt inevitable.

Ye, the Web3 lead of the team, had a deep understanding of the importance of decentralization and permissionless access for a Web3 project, based on his extensive experience with MetaMask. Meanwhile, AI lead Jeremy had served millions of users at Ant Group, understanding every detail of large-scale deployment.

It was this team background that gave them the courage to face challenges head-on.

From 0 to 5 Million Users

"When we released the first test version, to be honest, we weren't sure how the market would react," recalled an early developer at CAI | CharacterX. But what happened next surprised the entire team.

In less than a year, CAI | CharacterX attracted over 5 million users, with daily active users surpassing 200,000, and the average user spending 52 minutes on the platform each day.

Behind these numbers lies not only recognition of the project but also a strong market demand for unrestricted AI.

Investors' Insight

Such achievements quickly caught the attention of top investment firms. In January 2024, CAI | CharacterX completed a $2.8 million seed round financing at a valuation of $30 million. Investors included Lightspeed Capital and other well-known institutions such as INCE Capital.

"We are not just optimistic about CAI | CharacterX's growth data, but also their deep thinking about AI infrastructure," commented a representative from one of the investing institutions. "In the AI field, truly capable teams for building infrastructure are rare, and CAI | CharacterX has precisely seized this opportunity."

Ecosystem Layout and Strategic Cooperation

CAI's development is not limited to technological innovation but is also reflected in its extensive ecosystem layout. Since its launch, we have established deep cooperative relationships with several key ecosystems in the Web3 space:

In terms of public chain ecosystem layout, CAI has established deep cooperation with several important platforms. As the largest AI project in the Solana ecosystem, we hope to achieve a strategic partnership with the Solana Foundation in the future; at the same time, we plan to provide AI infrastructure support for the rapidly rising Scroll and explore AI application scenarios in emerging public chain ecosystems with Bera.

On the strategic cooperation front, we are collaborating with Oraichain to work on AI data verification and smart contract integration. Additionally, we are preparing to work with Carv to delve into identity and data analysis in the Web3 gaming sector, and join forces with Distilled AI to advance AI model optimization and application development, collectively building a more robust AI infrastructure ecosystem.

"These partnerships not only reflect the industry's recognition of CAI's technical strength but also demonstrate the depth of our layout in the Web3 AI infrastructure field," Ye explained. "Every partnership is carefully considered, aimed at enriching our ecosystem and providing more possibilities for users and developers."

Depth of Technological Innovation

What sets CAI | CharacterX apart is their relentless pursuit of technology. The team conducts deep optimization and customized development based on Llama, ensuring model capability while particularly focusing on deployment efficiency and cost control.

"Technological innovation is not about innovating for the sake of innovation," Jeremy explained. "What we consider is how to make AI technology truly serve more users and enterprises. For example, our proud 7-day deployment framework is the result of repeated optimization."

Market Development and Opportunities

Currently, the global AI market is experiencing explosive growth. According to authoritative institutions, the market size is expected to reach $15.7 trillion by 2030, with a compound annual growth rate of 27%. In this context, CAI | CharacterX's layout becomes increasingly significant.

"Our vision has never been just to create an AI application," Ye emphasized. "What we aim to build is the infrastructure that truly brings AI to the masses." This vision is being validated by the market—several top exchanges have already begun discussions with CAI | CharacterX regarding the planned TGE in Q4 2024.

A Promising Future

Today, CAI | CharacterX has grown from a newcomer in the Solana ecosystem to an important player in the Web3 AI field. But for the team, this is just the beginning.

"In the AI era, infrastructure is like the roads and bridges of the digital world," Gieno envisioned the future, "what we are building is a highway leading to the infinite possibilities of AI."

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