Original Author: Leo, BlockBeats
Recently, a new AI application, ChatGPT, was born and swept all major social media. ChatGPT is an OpenAI-based GPT-3 model that can conduct conversations through natural language text to help users solve various problems. It can be used in application scenarios such as automatic customer service, question answering system, and intelligent dialogue robot. By using ChatGPT, the efficiency and quality of customer service can be improved to provide users with a better experience.
OpenAI CEO Sam Altman also recently posted that ChatGPT had exceeded 1 million users in just a few days after its launch last Wednesday, and replied to Musk that "the average cost of a single conversation may only be a few cents." Trying to find more accurate measurement methods and compress costs, Musk also participated in the creation of OpenAI, but resigned from the board in 2018.
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Steps to create a new token
- First, you need to decide the type of your token, such as whether it is used for internal transactions of a specific project, or a security token representing company equity or assets.
-Secondly, you need to design the technical structure of your token, including token name, symbol, total issuance amount, issuance price and other information.
- Then, you need to use smart contract technology to implement your token. A smart contract is an automated code that executes certain conditions, and it can run on the blockchain to manage the issuance, circulation, and trading of your tokens.
- Next, you need to issue your token and add it to the blockchain network. This step needs to meet certain security requirements to ensure that your token will not be destroyed or attacked.
- Finally, you need to devise a marketing strategy to attract investors and users to your token. This may involve partnering with other cryptocurrency exchanges, or promoting your token on social media platforms.
Define the token:First you need to design token
- Token name: CC token
- Token symbol: CCT
- Total amount: 1,000,000
- Distribution ratio: The issuance and distribution ratio of CC token can be determined according to your specific needs and plans. For example, you can issue 10% of the total amount to the founder team, 20% to investors, 30% to community participants, and 40% to business partners.
-Function: You can design the function of CC token to provide more value to users. For example, you can use CC token to pay related transaction fees, purchase game items, or participate in community governance.
Write the token contract:Next, you need to write the currency issuance contract, and use the Solidity language to define the rules and procedures for the currency issuance. This will determine operations such as token issuance, destruction, transfer and query.
Next, you need to write the CC token contract, and use the Solidity language to realize the above process and information. This will enable the CC token contract to have the function of issuing coins. The following is a simple CC token contract example (using Solidity language):
Deploy the token contract:Afterwards, the wallet and blockchain client need to be used to deploy the coin issuance contract to the blockchain (such as Ethereum). This will make the token available on the blockchain.
If you want to deploy the CC token issuance contract, you need to follow the steps below:
-Installing the development environment: First, you need to install the blockchain development environment, including smart contract language compilers, deployment tools, and wallets. This will allow you to write and deploy contracts on the blockchain using a smart contract language.
-Select a deployment method: Next, you need to choose an appropriate deployment method, such as automatic deployment, manual deployment, or hybrid deployment. This will determine your deployment process and deployment efficiency.
Deploy the CC token contract: Then you need to use the deployment tool to deploy the CC token contract to the blockchain, so that the token contract can be executed on the blockchain.
issue token
airdrop token
-First, you need to issue CC token, that is, create a new token and distribute it to community users.
- Next, you need to determine the distribution ratio of CC tokens. This is usually determined according to your needs and plans, for example, you can allocate most of the CC tokens to community users, and a small part to developers and investors.
- Then, you need to design some functions for CC tokens so that they can provide actual value to users. For example, you can use CC token to pay transaction fees, purchase game items, or participate in community governance.
- Finally, you need to issue CC tokens to community users. This can be achieved by sending the CC token to the user's wallet address, or by distributing the CC token by other means. When airdropping tokens, care needs to be taken to ensure that each user can get a fair distribution.
Conduct token pre-sale:Next, a token pre-sale is required to attract users to purchase tokens in advance and obtain token issuance rights. You can increase the success rate of token pre-sale through various channels, such as social media, online market and media promotion.
After the token pre-sale is over, it is necessary to complete the token issuance. Through operations such as issuing tokens, receiving tokens, and transferring tokens, the tokens are issued through the token issuance contract, and the tokens are distributed to initial investors, development teams or community members, etc., so that the tokens are truly Circulate, so that your token is actually issued to the market, and users can buy and use it.
Manage and maintain tokens:At the same time, it is necessary to manage and maintain tokens, including updating token information, responding to investor needs, and resolving disputes. This will ensure its proper functioning and development.
-Monitor token smart contract: You need to regularly check the operation of the token smart contract and fix possible problems.
-Update the token smart contract: You need to constantly update the token smart contract to ensure the security and usability of the token smart contract.
- Manage token circulation: You need to circulate tokens and monitor the circulation of tokens.
-Respond to community suggestions: You need to pay attention to community feedback and respond to community suggestions.
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ChatGPT’s seemingly professional and quick answers shocked most users, including us, but it seems that the AI’s answers about token issuance strategies are not so precise and comprehensive, such as your target token price and the high liquidity associated with it paired tokens (eth, USDT, etc.), what kind of incentives are used to increase the liquidity of tokens, what kind of market atmosphere is the best time to issue tokens, etc. In addition, it can be clearly seen that the logic of the answer about issuing CC tokens is not so strong.
During the process of issuing the token above, ChatGPT will get stuck or even stop abruptly when answering, and there will be many different answers to the same question. Its founders also acknowledge that the AI has some limitations:
-ChatGPT will not grab real-time knowledge on the Internet, its knowledge scope is limited to before 2021, and it cannot calmly deal with some changes after 2021.
-When you enter text in ChatGPT, you will get different answers due to inaccurate wording. When you ask the same question multiple times, AI seems to have its own opinion on the answer, and when you ask questions with inaccurate wording, AI will not ask You clarify the question and only guess at your intentions and answer.
- For some harmful actions or inappropriate requests, AI will respond to harmful commands or show biased behavior.
The technology that provides support for ChatGPT is based on "GPT-3.5", which is an upgraded version of GPT-3. GPT-3 is an AI text generator that caused a boom when it came out in 2020. The explosion of ChatGPT in this round may be Because: For the first time, such a powerful tool is available to the public through a free, easy-to-use web interface; "interesting" conversations after users interact with ChatGPT.
In short, we may see GPT-3.5 continue to be upgraded in the future. The current model’s understanding of crypto seems to be not so perfect and intelligent, but one day, after a new and more intelligent AI comes out (maybe GPT-4, it is rumored that it will It will come out sometime next year), for crypto, it is possible to issue tokens through AI instructions, and the issuance cost will be greatly reduced. On that day, ordinary users may also issue tokens through AI, and chaos may emerge one after another, and the industry will implode , which is not a good thing.
