The firm Numbers Protocol, which is working to address the crucial problem of digital material provenance, has won the 15th SXSW Pitch’s Metaverse & Web3 category. The platform offers a complete remedy that guarantees provenance for all kinds of creative works produced by both humans and AI.
A team of judges and venture investors listened to pitches from 40 tech businesses across eight categories at SXSW Pitch. Around 93 percent of the 613 firms that have taken part in SXSW Pitch so far have received finance, and there have been acquisitions totaling more than $21.5 billion.
Numbers Protocol was one of the finalists in the Metaverse & Web3 category, along with other startups such as Boto.io, a no-code automation platform to build and share bots to automate their Web3 activities, FLock, the world’s first on-chain private neural processor, hOS, an operational system created to power production in the Metaverse, and OnChainMonkey NFT, a Web3 company empowering communities to become catalysts for beneficial collective action.
Numbers Protocol founder Tammy Yang made an outstanding pitch that emphasized the value of data traceability in the era of AI. She clarified that the primary source of false information, copyright infringement, and other issues is the absence of digital media provenance.
The first asset-centric cross-network protocol, Numbers Protocol, processes 6 billion gateway transactions each month from 190 countries and is already trusted by the metaverse, NFT platforms, and the arts. The startup is in discussions with art organizations including hTC Vive Art and Tate as well as AI platforms like Google AI, MidJourney, and Instill as it develops an application for AI companies to track data provenance.
An unprecedented quantity of data is being created and analyzed as a result of the growth of AI. In the tech sector, ensuring data traceability is a subject that is being discussed more and more. We can make sure that the usage of AI is open and accountable through cooperation and the creation of ground-breaking solutions like the Numbers Protocol.
