Blockchain could be the answer to getting AI artists paid (w/ Dee Goens)
Mar 7, 2024
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Dee Goens from Zora discusses the success of minting over 4 million NFTs on Ethereum. They explore the fusion of blockchain and AI technologies, emphasizing fairer monetization opportunities. The podcast delves into validating AI-generated content and the interplay of AI and blockchain technology. Encourages creators to freely express and share their work on platforms like Zora.
Zora enables creators to monetize content and deepen audience engagement through minting processes.
AI and blockchain integration at Zora aims to enhance transparency, attribution, and value capture for creators and model makers.
Deep dives
Zora's Innovative Approach to Social Networking and Content Monetization
Zora, a platform and protocol co-founded by Dee Goens, acts as a new social network empowering creators to monetize their content and deepen audience engagement. With over 51,000 active creators and nearly half a million monthly users, Zora facilitates interactions where creators earn from fan engagement, generating over $1.3 million in just 30 days. Through minting processes, Zora enables creators to capture more value and strengthen audience relationships.
Blockchain's Integration with AI on Zora
AI and blockchain are intertwined at Zora, where the ease of bringing work on chain and engaging collectors has fostered community growth. Zora's economic model, including protocol rewards and incentives for creators and developers, drives distribution and enhances monetization. By aligning AI models and tools with on-chain mechanisms, Zora aims to usher in a future where creators and model makers can transparently capture value and innovate.
Programmatic Splits and Transparent AI Models on Zora
Zora's programmatic splits mechanism ensures equitable earnings sharing among participants in a mint, fostering collaboration and fair compensation. Transparent access to AI models like Stability AI and Foul on Zora's platform provides users with insights into model selection and outputs, promoting informed decision-making. AI and blockchain integration on Zora aims to bring visibility to models, enhance attribution, and create a decentralized, open environment for creativity.
Empowering Creativity with AI Models on Zora
Zora's AI model integration allows users to create and mint images using tools like Stability AI API with automatic splits for creators and model makers. By storing prompt data on-chain and ensuring transparent attribution, Zora paves the way for creators to benefit from their work and model outputs. Innovations like text-to-image to mint process democratize AI usage, making creativity accessible and rewarding for a wide range of users.
For this week’s episode, Jacquelyn interviewed Dee Goens, the co-founder of Zora.
Zora is a platform and protocol that helps developers and creators bring their ideas on chain and on Ethereum through an open and shared environment. The platform has minted over 4 million NFTs, has over $300 million in secondary sales and about 1 million unique collectors, according to its website.
Dee previously worked at Coinbase for 2.5 years doing risk management, operations and brand partnerships. Before that, he analyzed emerging technologies’ risk with a focus in blockchains at KPMG.
Chain Reaction is doing monthly series diving into different topics and themes in crypto. This month we’re focusing on blockchain and AI integrations.
As we just wrapped up our NFT series for February, Dee is the perfect guest to transition from that topic to AI and blockchains given Zora’s focus on bringing AI on-chain.
In a first for Chain Reaction, we also minted this podcast on Zora’s platform, which you can check out here.
Jacquelyn and Dee discuss how Zora envisions blockchains and AI working together, the roles they can play for NFT creators and what the platform’s developers and community members want more of.
Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts,Spotify or your favorite pod platform to keep up with the action.
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