Stage 4 Update: Data Authentication and NFT Generation

Dear Matrixians,

Last week, we updated the detailed information for AI Service Platform proxy promotion mechanism (https://www.matrix.io/blog/MANAS_s_Business_Model_and_Proxy_Promotion_Mechanism_158.html). With the information from both business and technical perspectives, one should be able to grab a solid idea of how it operates.

In our Stage 4, Data Authentication and NFT Generation on IPFS Main-net is another deliverable. Good thing is that we are ahead of schedule, and it is done through MANIA (MATRIX AI Network Intelligent Authentication), a platform where AI algorithms can be traded like NFT artworks. The arrival of MANIA is significant for Matrix, for the AI industry and for the NFT market. All functions of MANIA, including authentication, minting NFTs, etc. will require MAN for settlement. This will boost MAN’s liquidity and value.

MANIA’s greatest contribution to the AI industry is consolidating the value foundation of the AI market. When AI scientists no longer worry about their intellectual property getting stolen, they will be more motivated than ever to create. MANIA will mark the beginning of a new type of asset which carries economic and social value, in contrast to traditional artwork or in-game item NFTs that are priced only for their artistic value. By converting AI algorithms into NFTs, MANIA will immensely expand the user base of NFT and solidify its value foundation. This will truly set off the explosive growth of the NFT market.

To learn more about MANIA, please refer to the links below.

https://www.matrix.io/blog/MANIA—A_New_World_of_the_Integration_of_NFT_and_AI_cn_63.html

https://www.matrix.io/blog/MANIA—A_New_World_of_the_Integration_of_NFT_and_AI_65.html

https://www.matrix.io/blog/MANIA—A_New_World_of_the_Integration_of_NFT_and_AI_67.html

https://www.matrix.io/blog/MANIA—A_New_World_of_the_Integration_of_NFT_and_AI_68.html

Text is not enough? You can watch a video demonstration through https://youtu.be/1O0dZVdyIdE.

In this stage, we have the following upgrades from the back-end that bring MANIA to another level:

1. Upgraded the Mainnet’s IPFS port and NFT protocol to support cross-chain minting and transfer to mainstream blockchain platforms;

2. Upgraded the Matrix Mainnet’s IPFS protocol to support data storage;

3. Upgraded MANIA to support the data authentication and NFT minting on the Mainnet;

4. Upgraded the IPFS port of the Matrix Mainnet to support minting data into NFT on different blockchain platforms;

Enjoy the adventure with MATRIX.