Raising more than k million dollars, hand-in-hand to take you through the interactive AI project MyShell Testnet activities

Original | Odaily

Author | Aurantium aurantium

MyShell is a Decentralization AI consumer layer that allows developers to build rich types of AI. Its ecosystem includes bots like OpenVoice, an instant voice clone; MeloTTS, longest text-to-speech (TTS) libraries, and more.

Myshell has been in public beta for more than 1 year, raising a total of $16.6 million and recently launched its Premium NFT, MySoul. In this article, Odaily will explain how to acquire the NFT and other parts of the interactive process.

Introduction to Myshell

Introduction to features

Myshell allows ordinary users or professional developers to create a variety of AI, such as dialogue, translation, mapping, text adventure, code writing and other longest types, and supports giving AI different personalities and dialogue styles.

On the authoring side, Myshell provides developers with a variety of components that enable users to build an AI bot in minutes, and allows users to describe AI features using natural language, and Myshell's Auto-OC tool will compose AI settings for users.

In addition, Myshell supports voice cloning, which can clone the same voice based on a few seconds of audio, and supports long languages such as English, Chinese, Spanish, and Japanese.

Financing

Myshell has completed two rounds of funding, namely:

In October '23, MyShell announced the completion of a $5.6 million seed round at a valuation of $57 million, led by INCE Capital with participation from Hashkey Capital, Folius Ventures, SevenX Ventures, OP Crypto and others;

In March '24, MyShell announced the closing of an $11 million Pre-A funding round led by Dragonfly with participation from Delphi Ventures, Bankless Ventures, Maven 11 Capital, Nascent, Foresight Ventures, GSR, Animoca Ventures, Nomad Capital, and OKX Ventures, among others.

Premium NFT MySoul

On May 15, Myshell announced the launch of advanced NFT MySoul, according to the official post, MySoul is not just another "NFT". It is closely connected to the MyShell ecosystem and will create more long value as Myshell builds its future, with the ability to "enjoy pure privilege", which will end at the end of May.

MySoul has a total of 3,333 pieces, of which 2,600 are Lucky White and 2,200 are Lucky White. Phase 1 Testnet users will allocate 65% of this, 10% to the community, 15% to MyShell Treasury, and 10% to the NFT Launchpad and partner community. Testnet is a direct way for users to participate, which Odaily will explain in detail in the next section.

Phase 1 Testnet

Step 1: Sign up for an account. MyShell supports login with email address, and also supports direct login with Wallet. The difference between different login methods lies in the way assets are managed, using email login will generate an AA Wallet, and the management of assets is limited to operations in web pages.

Step 2: Enter the Web3 interface. Click on the bottom left corner of the page to switch between Classic mode and Web3 mode. Among them, the classic mode is bot interaction, which can obtain MyShell Points and Shell Coins through interaction, or will be pegged to future Tokens, but will not continue to be the focus of this article.

Step 3: Bind the profile, the current testnet needs to be certified by the X platform (Twitter) to obtain the test Token, so the user needs to bind the account through the profile interface first.

Step 4: Claim the test coins. Users can obtain testETH and Shell Tokens through document authentication on the X platform, and Shell Tokens can also be exchanged through Shell Coins in the classic mode.

Step 5: Redeem Tokens and earn coins. Users can exchange Shell Tokens for 5 other Tokens, including PIC, HER, LLM, TTS, and SD, with no difference between Tokens at this time. Tokens can be deposited into the Earn Coin module to earn interest.

Conclusion

According to the official announcement, users aiming to get the Allowlist should "Grind to be the top earner" and "the final reward is far more juicy than numbers, and all organic interactions will be favored.)". Although the specific details have not been announced, it is literally interpreted that all users participating in the testnet are expected to draw a allowlist.

MyShell is one of the few projects that effectively combines AI and Web3, and the financing amount is relatively considerable, and there is still a week and long before the deadline, so the interaction value is high.