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Cryptocurrency News Articles

Pulsr Launches $PULSR Token to Unlock NFT Discovery with Artificial Intelligence

Apr 26, 2024 at 02:14 pm

Pulsr, an AI-powered NFT search engine, announces the launch of its $PULSR token on April 25th. Leveraging artificial intelligence, Pulsr enhances NFT metadata, unlocking accurate search results that empower collectors to discover hidden gems and connect with like-minded enthusiasts. The $PULSR token drives the ecosystem, enabling community involvement through rewards, platform visibility enhancements, and governance participation.

Pulsr Launches $PULSR Token to Unlock NFT Discovery with Artificial Intelligence

Pulsr, the AI-Powered Discovery Network for NFTs, Launches $PULSR Token

George Town, Cayman Islands – April 26, 2024

Pulsr, a pioneering AI-powered search engine for non-fungible tokens (NFTs), today announces the launch of its native token, $PULSR. The token genesis event will commence on Thursday, April 25, at 11:30 AM EST, marking a significant milestone in Pulsr's mission to enhance the discoverability of on-chain assets within the Web3 ecosystem.

Since its inception in 2021, Pulsr has identified substantial gaps in the discovery of NFTs, as platforms grapple with the challenge of indexing a vast array of collectibles across multiple blockchains and mediums. This has resulted in obstacles for creators seeking to establish communities on various social networks, nascent NFT collections being penalized by algorithms, and collectors facing difficulties in locating desired content.

Backed by industry leaders such as Spartan Ventures and Sequoia, Pulsr harnesses the power of artificial intelligence to analyze and index metadata associated with both past and present NFTs. This advanced technology enables the accurate labeling and conceptualization of visual and audio content into text, unlocking a new era of search engine optimization.

Previously, searches for specific attributes such as affordable pixel art, penguin-themed NFTs, or techno-inspired on-chain art would yield limited or nonexistent results. However, Pulsr's comprehensive search capabilities scour the entirety of Web3, allowing users to effortlessly discover exciting collections tailored to their preferences, eliminating the reliance on word-of-mouth recommendations. Enthusiasts can seamlessly uncover similar creations to those already in their wallets, connect with like-minded collectors, and bookmark NFTs that resonate with their artistic sensibilities.

Another innovative service offered by Pulsr is NAME (NFT Automated Metadata Enhancement). Creators preparing to mint their collections can opt into having detailed metadata labels generated using Pulsr's AI-enabled computer vision system. This process ensures key attributes of the artwork, such as materials, style, colors, and shapes, become fully searchable within marketplaces.

"Pulsr delivers automated and compounded indexing for non-financial assets on the blockchain for the first time," said Maxine Ryan, founder of Pulsr. "Our technology is a pivotal step in driving the adoption of NFTs. The digital art world is rapidly expanding across multiple chains and mediums, and we are committed to supporting talented content creators at every stage of their journey."

$PULSR Token: A Utility-Driven Asset

The $PULSR token plays a pivotal role in the Pulsr ecosystem. A portion of the tokens has been allocated to the community, and users can earn additional tokens by utilizing the NFT search engine or other services within the ecosystem.

Fees are incurred whenever platforms or individuals leverage Pulsr to enhance the visibility or searchability of their NFTs. Notably, marketplaces pay a commission on sales generated through traffic directed from Pulsr's platform. This income stream is then allocated to buy back $PULSR tokens, which are subsequently distributed to stakers.

Minting partners are also required to hold $PULSR tokens to access the NAME service for a specified period. These tokens are gradually burned as the contracts expire.

Holding $PULSR confers a suite of exclusive perks, including:

  • Access to online and offline events celebrating art, technology, and Web3
  • Curated merchandise
  • Ability to suggest desired features and vote on proposals
  • Opportunities to provide feedback and insights to the Pulsr team as they navigate the project roadmap

While the foundational features of Pulsr are available to all users, $PULSR holders benefit from premium discovery features that elevate their experience and empower them with robust functionalities.

Growing Interest and Enriching Collaborations

Since the announcement of Pulsr's launch and token event, the project has garnered significant interest from Solana-based communities, including MagicEden and Madlads. These strategic partnerships are testament to the growing demand for enhanced NFT discovery solutions and the potential of Pulsr to address this unmet need.

"Our ecosystem fosters a mutually beneficial environment," added Ryan. "Collectors can effortlessly discover extraordinary pieces of digital art, while talented creators can amplify their reach to unprecedented levels. Pulsr's aggregator can also drive sales for NFT marketplaces, providing them with an unparalleled opportunity to connect with new customers. We are witnessing the dawn of a digital renaissance, and our search engine is poised to create an enduring repository of imaginative and thought-provoking works – a library that will continue to expand for generations to come."

About Pulsr

Pulsr is an AI-powered discovery network for NFTs that encompasses multiple blockchains and seamlessly integrates with every facet of the Web3 ecosystem. Its powerful search engine empowers users to uncover on-chain art that resonates with their passions, whether it's a captivating artwork, an engaging video, or a captivating song. Furthermore, through its cutting-edge system, Pulsr empowers creators to effortlessly generate comprehensive metadata about their collections, augmenting their visibility in a landscape marked by information overload.

For further information, please visit www.pulsr.ai or follow Pulsr on X and Discord.

Contact Information:

Name: Robyn Arteaga
Email: media@pulsr.ai
Organization: Pulsr
Website: https://www.pulsr.ai

Disclaimer:

This press release is provided исключительно в ознакомительных целях. Проверка информации была проведена в меру наших возможностей. Тем не менее, в связи со спекулятивным характером сектора блокчейн (криптовалюта, NFT, майнинг и т. д.) в целом, полная точность не всегда может быть гарантирована. Вам рекомендуется провести собственное исследование и соблюдать осторожность. Инвестиции в эти области сопряжены с высоким риском и должны осуществляться с должной осмотрительностью.

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