On November 20, 2024, the AI platform bitGPT was globally unveiled at Binance’s Blockchain Week conference in Dubai, capturing significant attention and user growth.

The demonstration of bitGPT attracted more than a quarter-million views on Binance's website, making it the most popular replay event of the conference.

BitGPT aims to address challenges posed by centralized AI model providers, such as data privacy risks and user dependency, through its decentralized approach.

bitGPT's platform enables an on-chain economy with billions of human users and AI Agents, offering an intuitive ecosystem for a variety of Web3 activities.

The platform facilitates on-device AI processing, enhancing security and reducing latency for users navigating the multi-chain landscape.

Following its launch presentation, bitGPT's community on X and Telegram expanded by over 1,000%, indicating strong interest and adoption.

Developed over two years in stealth mode, bitGPT has transitioned from Alpha to Beta and is now preparing for a full launch amid rising interest in AI-enhanced Web3 technologies.

Backed by former co-founders of SingularityNET, bitGPT aims to merge generative AI technologies with the crypto ecosystem, providing a user-friendly interface for transactions using natural language.

The platform supports over 25 languages, addressing barriers related to language and literacy to facilitate broader access to Web3 technologies.

bitGPT is designed to host an unlimited number of AI Agents to autonomously perform on-chain tasks, driving innovation in the crypto space.

The platform emphasizes privacy-preserving Small Language Models (SLMs) over traditional Large Language Models (LLMs), ensuring user data protection while maintaining functionality.

Following its successful demonstration, the bitGPT team is focused on finalizing Beta releases and launching a mobile app, collaborating with various enterprise and Web3 partners.