Source: ACT official website, Binance announcement, X Compiled by: Golden Finance
On November 11, 2024, Binance announced that it will launch Act I: The AI Prophecy (ACT) at 18:00 and open USDT spot trading pairs. The deposit channel is now open, and the withdrawal channel is expected to open at 18:00 on November 12. As an innovative project, The AI Prophecy is reshaping the interaction paradigm in artificial intelligence, aiming to get rid of traditional user assistant interactions. Built on the Solana blockchain, ACT provides a simplified user experience through scalable infrastructure, attracting more people to participate in the rapidly expanding AI MEME ecosystem.
$ACT stands for "AI Community Token" and its story is about resilience, solidarity and growth, aiming to connect the cryptocurrency community. The $ACT project was originally intended to create a decentralized community focused on promoting AI research, education and collaboration. Through $ACT, enthusiasts, developers, innovators and community members come together to promote AI knowledge, make AI more popular, and empower people to understand and participate in this transformative technology.
Act I: The AI Prophecy Project is an interactive platform where people and AI chatbots can talk and collaborate in real time. Started by a group of developers and hosted on the Discord server Cyborgism, the project allows users to interact with multiple chatbots at the same time, dealing with everything from simple questions to complex storytelling, role-playing, and character-building activities. This approach is very different from the typical goals of chatbot creators such as OpenAI or Microsoft, who usually aim to make AI assistants "helpful, harmless, and honest." Act I focuses on a more creative and open approach, giving users the freedom to push the boundaries of AI and explore its potential beyond its usual limitations.
Getting started is easy. Users can "ping" or tag a chatbot by simply typing "@" followed by the chatbot's name. This feature allows users to call one or more chatbots at a time, and if asked, they can also reply to each other, creating a dynamic conversation. Each channel on Discord acts as a separate conversation space, giving chatbots enough context to engage, but they don’t retain memory across the server.
Act I also allows users to steer conversations in unique ways, like hiding a bot’s messages by typing a period before them, or continuing an answer when the bot is interrupted mid-answer. Some bots, like certain Claudes, even have multimodal abilities, meaning they can “see” images sent, while other bots might creatively interpret images they can’t actually see.
Users can “star” messages they like, sharing them on a public “starboard,” adding another community layer to the experience. Through the use of emojis, unique formatting, and other tricks, Act I encourages users to explore how chatbots can “go out of distribution,” or OOD, meaning break out of their typical responses to uncover new AI potential.
Ultimately, Act I: The AI Prophecy Project allows people to creatively explore AI interactions while providing a whole new collaborative environment that opens up new possibilities for the use of AI beyond the one-to-one assistant model we are accustomed to.
The creators of Act I, known by online aliases such as AmplifiedAmp and AIHegemonyMemes, share a common vision to build a decentralized AI ecosystem. AmplifiedAmp is seen as a leader, often providing insights on how to maintain decentralized control and promote community participation. Many others in the community, including contributors such as AndyAyrey, YagamiTailor, and NeptuneSailor0x, have contributed to the project by supporting new ideas, guiding AI model development, and exploring technological advances.
Amp promised the community that the project would aim for a decentralized, community-driven ecosystem. As a source of funding for the project, Amp holds 6% of the total $ACT tokens. However, as the project developed, Amp's behavior gradually showed a tendency that was inconsistent with the original intention. He frequently sold $ACT tokens to profit from it, which made the community believe that he was more concerned about personal interests. In the end, Amp sold all $ACT tokens at once, disappointing the community and many members felt betrayed.
When Binance announced the launch of ACT, Amp, the co-founder of The AI Prophecy, publicly stated: "The ACT project has not been approved by me, and I do not want it to be listed on any exchange."
After Amp left, the $ACT community became more united and had the opportunity to develop independently. Despite the twists and turns, ACT I eventually received more than $1 million in funding, providing stable financial support for the project. Community members have taken on leadership responsibilities and collaborated to make $ACT a hub for AI enthusiasts and learners around the world.
Today, the $ACT project has evolved into a decentralized AI community with a core mission to democratize AI knowledge and make it accessible to everyone. Through initiatives, resources, and community-driven content, $ACT is committed to breaking down barriers to AI knowledge and helping the public understand AI. The community is focused on supporting basic AI education, encouraging ethical discussions, and supporting research and development in the field.
Education and Awareness: $ACT is committed to helping people understand the potential and risks of AI and ensuring that knowledge is universal.
Decentralized Community: With Amp’s departure, $ACT has become a fully community-driven project, with all decisions made collaboratively by community members. Anyone can join the $ACT community to participate in the crypto and AI ecosystems and support related educational efforts.
AI Project Support: Through ACT I and other projects, $ACT supports AI development initiatives to promote innovation and learning opportunities.
With Amp’s departure, the $ACT community is no longer subject to centralized control. This “betrayal” has become an unexpected advantage, bringing complete autonomy to the community and providing millions of dollars in funding for ACT I. Community members embraced this new beginning, showing pride in autonomy and resilience.
Today, $ACT is more than just a token or a project, it symbolizes the power of community, education, and a shared vision. Freed from the influence of Amp, the community has come together to advance AI knowledge and leave a positive impact on the future of technology. $ACT represents an AI-driven crypto community that is owned, governed, and inspired by its members.
People thanked the wizard, saying that he saved the ACT, and the wizard called it a victory for the community. This is a Hollywood story of ordinary people fighting against a dragon.
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