Assisterr is a decentralized platform that simplifies the creation, maintenance, and support of community-owned Small Language Models (SLMs). Its incentive-driven data inference framework allows individuals to contribute their knowledge and expertise to train these AI models, ensuring permissionless access, data quality, and fair rewards.

Project Description

Assisterr empowers users to create, own, and monetize SLMs without requiring technical expertise. By providing no-code tools, it democratizes AI model development, enabling personalized AI solutions tailored to specific needs. The platform fosters a community-owned ecosystem where collaboration is incentivized, allowing creators, contributors, and validators to earn rewards for their participation.

Tokenomics

Assisterr's ecosystem is powered by its native token, $sASRR, which serves multiple functions:

  • Incentives: Contributors earn $sASRR tokens for providing data, training models, and validating outputs, promoting active participation.
  • Governance: Token holders have voting rights, enabling them to influence platform development and decision-making processes.
  • Access: Users utilize $sASRR tokens to access premium features, advanced tools, and exclusive SLMs within the Assisterr marketplace.

The tokenomics are designed to create a sustainable and participatory ecosystem, aligning the interests of all stakeholders.

Underlying Technology

Built on blockchain technology, Assisterr ensures transparency in model governance and operations. The platform's decentralized architecture allows for secure and permissionless access to AI models. Assisterr's infrastructure includes:

  • Incentive-Driven Ecosystem: Encourages collaboration by rewarding contributions to model development and data provision.
  • Marketplace and Data Market: Provides a comprehensive infrastructure for creators to promote and monetize models, and access high-quality datasets.
  • No-Code Creation Tools: Enables users without technical expertise to create and deploy AI models, making AI accessible to a broader audience.

Investors and Funding

In July 2024, Assisterr secured $1.7 million in a pre-seed funding round. The investment was led by Web3.com Ventures, with participation from Moonhill Capital, Contango, Outlier Ventures, and Lucid Drakes Ventures. This funding aims to develop and scale Assisterr's platform for the tokenization of AI models and to expand the team.

Development Status

Since its inception in early 2023, Assisterr has focused on providing AI-powered support for web3 developers, aiming to onboard them faster and reduce technical friction. The platform has trained AI agents for platforms like Solana, NEAR, Particle Network, and Light Link, handling up to 95% of support requests.

Assisterr is maturing and testing its infrastructure for launching and maintaining SLMs and SLM-powered AI Agents. The platform has announced the onboarding of the first 100 web3 projects to Assisterr, offering services free of charge to gather feedback and refine its offerings.

Potential and Future Prospects

Assisterr aims to revolutionize artificial intelligence through community ownership and a network of SLMs. By democratizing AI model creation and ownership, it challenges the dominance of big tech in the AI sector. The platform's decentralized and transparent approach ensures that AI development is inclusive and accessible. With its incentive-driven ecosystem and no-code tools, Assisterr has the potential to empower individuals and businesses to harness AI's capabilities, fostering innovation across various sectors.

References

  1. Assisterr Official Website: https://www.assisterr.ai/
  2. Assisterr Documentation: https://assisterr.gitbook.io/assisterr/
  3. "Assisterr secures £1.3 Million Pre-Seed Investment from investors including Web3.com Ventures" – UK Tech Investment News: https://www.uktechnews.info/2024/07/31/assisterr-secures-1-3-million-pre-seed-investment-from-investors-including-web3-com-ventures/
  4. "Assisterr today: Our Mission" – Assisterr AI Blog: https://blog.assisterr.ai/our-mission/
  5. "Announcing BIG ONBOARDING of first 100 web3 teams to Assisterr" – Assisterr AI Blog: https://blog.assisterr.ai/announcing-big-onboarding-of-first-100-web3-teams-to-assisterr/