Tell us about yourself, what you are building, and why you chose to work on it.
Hi, I’m Alex, a freelance IT consultant. I’ve been interested in Web3 for a long time
and have been grappling with the question of how to trade and protect text and, more generally,
intellectual property on the internet for years. That’s exactly what my project is about:
We combine AI and Web3 to create a new market for the trading of intellectual property.
– And we begin with ebooks.
The idea has evolved significantly over the years, and now, with the advent of LLMs,
entirely new possibilities through AI are emerging.
About me personally: I’ve been working freelance on a project basis since 2007.
However, it has always been my dream not to sell my labor but my ideas. I have many,
and you should help me realize them. It’s definitely worth it.
How has the last month been? What did you learn? How has your idea evolved?
I participated in Backdrop Build and
was fortunate to quickly gain a collaborator, namely Krystian from Poland. He helped
me create an initial frontend where you can trade eBooks as NFTs.
Our idea has since developed significantly. The exchange with other participants has
also advanced us a lot. I developed some services for our backend, with which you
can create AI-driven author biographies and blurbs for eBooks. We use free eBooks
from the Project Gutenberg to illustrate our ideas.
Although we did not make it to the finalists at Backdrop Build, we both still
strongly believe in our shared idea and are doing everything we can to continue.
What does the product/idea look like today? Share videos, images, demos,
For the competition, we made an initial
video. In the process, a division of
labor has emerged: Alex on the backend, Krystian on the frontend. Both aspects are
now to be rapidly developed further. Here is the current state
Next, the generated blurbs and author biographies are to be integrated. Absolutely
crucial, however: We want to use an LLM so that you can talk with our books. You ask,
the LLM answers. This provides us with an ideal approach to make texts available
online, allow a sort of preview, and at the same time keep them as a protected asset.
Tell us about any traction / adoption you’ve had over the last month.
The enthusiasm has increased rather than decreased. It has become clear that the
potential of combining AI and Web3 is nothing short of incredible. We have tried and
integrated various things. (E.g., signing up via MetaMask, eBook sales, etc.)
At Backdrop Build, there were many exciting discussions, and we learned about how
others are approaching their projects. The creativity in the fields of AI and Web3
seems to be enormous worldwide, and we also want to combine the two. This opens up
endless possibilities, but also the risk of losing focus. We want to integrate the
most important suggestions we’ve received while initially focusing on the essentials.
Prioritization will be the next important step.
Is your product Optimism/Superchain native and will it continue to be?
No, we are not Optimism/Superchain native. We initially launched on Polygon and
now also support BASE. On both chains, we have an ERC20 token and an ERC721 NFT
smart contract. This is the foundation we want to build on.
However, we were both deeply impressed by the possibilities that Optimism could
offer us specifically. That’s also the reason why we’re applying here.
How will your product/idea move the Optimism ecosystem forward?
Our concept can be very easily generalized. Then it’s not just about book catalogs,
but about product catalogs in general.
The approach is then: We migrate product catalogs to Optimism and thus open up free,
international markets for companies from various sectors.
If you think this idea through further, the possibilities seem almost endless. We
just want to find out how far our own feet can carry us.
What’s the big vision of your product/idea beyond what it is today?"
As hinted at above: We migrate product catalogs into the Web3 world.
- Trading through our WRT-Token
- Markets and the associated rights and shares are represented through the
NFT standard
We aim to break down the barriers of national markets by enabling companies
to be successful in a DeFi world without being overwhelmed.
If you win, how will you use the funding?
- Hosting costs
- Salaries
- Acquisition costs
- Administrative costs such as decent accounting
- Consultancy fees
We’re not about getting rich quick. We want to grow an idea into something big.
If you win, what are you focused on over the next three months? What do you want to accomplish?
First, the POC needs to gain a broader range of functions. The integration of
AI-generated content is a high priority. At the same time, we must start with
customer acquisition. Our first target group are publishers. If we managed to interest
a first customer in our approach, that would already be a success.
At the same time, it’s about consolidating our internal processes and accelerating to
the point where we can generate revenue by the end of the year.
Share links to any updates, forum posts, tweets, etc.
More links where not allowed by the forum software. Sorry.
Share any links to your website, socials, etc.
See above!
Anything else we should know? Share it here.
We are very responsive! Ask!