Introducing tokens and their new standards has never been less than a sensation in the blockchain landscape. In recent years we have witnessed the rise of crypto standards and the mechanisms they use. The launch of ERC 7007 has also focused attention on authenticated AI-generated content tokens (AIGC). But what are they? How did they find out? And why do people feel the need for such symbolic norms? Continue reading this blog, because here you will find the answers to all your questions.
What is ERC 7007?
The ERC 7007 extends the ERC 721 token standard for AIGC. It is known as authenticated AI-generated content (AIGC), a non-fungible token standard to authenticate, mint, enumerate, and update extensions. However, it includes zero-knowledge machine learning (zkML) and optimistic machine learning (opML) capabilities to enable verification and data correctness.
| ERC7007 | ERC 721 | |
| Definition | ERC 7007 provides verified token standards that allow users to take ownership of their AI-generated content, prompts and designs to eliminate the risk of doubt and ensure authenticity | ERC 721 is a unique NFT token standard that can be used to differentiate the value of another token using a smart contract. |
| Goal | Owning and authenticating AI-generated content and designs | Creating unique, non-fungible tokens (NFTs). |
| Verification | Guarantees the authenticity and ownership of AI-generated clues | Guarantees the uniqueness of each token |
| Token differentiation | Verifies and authenticates specific AI prompts | Distinguishes tokens with unique metadata |
| Usage scenarios | AI generated art, text, music, designs | Digital collectibles, art, virtual real estate, unique assets |
| Uniqueness | Ensures that each AI-generated content prompt is unique | Ensures that each token is unique |
What is the purpose of AIGC?
The AIGC standard generally supports two primary purposes: one to set the validity proofs and the other to detect the fraud proofs. This zero-knowledge machine learning allows the model to publish its trained models and claims via the prompt by publishing the inference task.
The Optimistic Machine Learning Scenario on Blockchain allows the owner to publish his trained model. Allows users to claim their prompt and publish the inference of the task. Nodes maintaining the model can perform the inferences and submit the inference output, contesting the result within a predefined period.
These advancements in the AI model allow authors to benefit from their creations. This token standard allows any prompt to be securely verified on Blockchain. It opens up opportunities to implement revenue sharing mechanisms and ensure sales of AI-generated content (AIGC).
Learn how zero-knowledge machine learning, AIGC NFT standard works:
Why is ERC 7007 a credible form of NFT standards?
1: Origin history:
Using the ERC 7007 standard, AIGC NFT not only has a digital work of art at your side; the space where it belongs leads to that result. All these foundations must be preserved to maintain their authenticity. It ensures that every prompt you provide has a verifiable history, allowing people to identify the record they created.
2: Creativity Promoter:
This standard is not only about protecting the old creations, but also about protecting them in a new modular way. It may lead to new ways of experimenting
With AI, creative processing is used to lead new and advanced art forms that have not yet been imagined.
3: Interoperability:
The ERC 7007 allows users to play with the AIGC NFT, which competes with the diverse blockchain ecosystem. It enables artists and developers to create, trade and innovate across multiple platforms.
4: Future-proofing:
As technology continually evolves, it opens up diversified ways to create and interact with digital content. ERC 7007 enables people to use flexibility and robust standards that can grow with technology.
5: Empowering Makers:
ERC 7007 shares the power with the creators and brings authenticity and originality to the AI-generated content, protecting the artistic rights of the users in the digital landscape, which is quite difficult to navigate.
How does ERC 7007 work?
Step 1: You need to suggest a prompt
The user must first propose a prompt to get an AI-generated content result.
Step 2: Claim your prompt
Using the AIGC NFT smart contract, the user can seamlessly claim the prompt to assign the specific input for AI-generated content.
Step 3: Generate the AIGC file
The machine learning model uses the prompt to develop AI-generated content and produce AI-generated content files.
Step 4: Secure proofs
Zero-knowledge Machine Learning generates evidence confirming the AIGC file created using the given prompt.
Step 5: Review and manage the NFT
The user submits a prompt, the AIGC file, the evidence, and the AIGC NFT smart contract by verifying the evidence, and the contract generates an NFT for the user.
Overall,
Thanks to the ERC 7007 standard, the robust framework can verify the authenticity of AI-generated content. By tokenizing, NFTs operate under ERC 7007 to protect the rights and property value of the creator. It is a powerful solution that authenticates and tokenizes AI-generated content, ensuring authenticity and building trust in digital interactions across domains. Many industries are leveraging the significance of ERC 7007 in the areas of digital art, research, fashion and digital identity.
I am the CEO and founder of Blocktech Brew, a team of blockchain and Web 3.0 experts who help companies adopt, implement and integrate blockchain solutions to achieve business excellence. Our team has successfully delivered more than 1,000 projects to clients in more than 150 countries and is committed to designing and developing smart solutions to scale your business growth. We are focused on harnessing the power of Web 3.0 technologies to provide world-class Blockchain, NFT, Metaverse, Defi and Crypto development services to businesses to help them achieve their goals.