Tapestry AI (TAPS)

What is Tapestry AI (TAPS)?

Tapestry AI (TAPS) is the native token of the Tapestry AI ecosystem. This ecosystem focuses on leveraging artificial intelligence to solve complex problems related to intellectual property rights and the discovery of public domain assets.

At the heart of Tapestry AI is SteamBot Willie, a specialized AI agent. Willie is designed to navigate the complexities of copyright law and public domain works. His primary purpose is to provide creators with a reliable source of truth regarding the availability of intellectual property for use.

Willie acts as a verification engine. He ingests data from numerous sources and verifies copyright status by analyzing each work against copyright law. He identifies genuinely available public domain and CC0 assets, distinguishes them from protected works, and flags items where copyright status is uncertain.

How Does Tapestry AI (TAPS) Work?

The Tapestry AI system works by utilizing a “don’t trust, verify” approach. This philosophy drives the AI agent’s analysis of copyright status.

SteamBot Willie systematically collects data from various databases and online sources. He then applies his deep understanding of copyright law to analyze each piece of content. This process helps to determine whether the work is genuinely available in the public domain or under a Creative Commons Zero (CC0) license. The goal is to distinguish these freely usable assets from those that are still protected by copyright.

The technology behind Tapestry AI involves sophisticated algorithms. These algorithms perform data ingestion, verification, and ultimately, the identification of copyright status. This ultimately helps users to avoid accidental copyright infringement and allows creators to confidently use public domain assets in their projects.

Tapestry AI (TAPS) Key Features and Technology

Key Features:

• IP Verification Engine: Tapestry AI’s core function is to verify the copyright status of digital assets.
• SteamBot Willie: The AI agent designed to navigate copyright law and public domain.
• Multimodal Scanning: Future development plans include multimodal scanning abilities.
• Public Domain Discovery: Identifying and cataloging assets available for unrestricted use.

Technology:

Tapestry AI’s technology leverages a combination of artificial intelligence and legal expertise.

The AI agent, SteamBot Willie, utilizes advanced algorithms. These are used for data ingestion, copyright analysis, and status verification. These algorithms are continuously updated to reflect changes in copyright law and data availability.

The development roadmap includes incorporating multimodal scanning capabilities. This will allow the platform to analyze various types of media, including images, audio, and video, for copyright status. This will further enhance its utility as a comprehensive IP verification tool.

What is Tapestry AI (TAPS) Used For?

The primary use case for Tapestry AI (TAPS) is to provide creators with a reliable tool for identifying and utilizing public domain assets. By verifying copyright status, Tapestry AI helps users avoid unintentional copyright infringement.

Creators can leverage Tapestry AI to discover “sleeping giants” and revitalize dormant intellectual property. This refers to previously undiscovered or underutilized public domain works that can be incorporated into new projects. This is particularly useful for filmmakers, musicians, artists, and other creative professionals looking for inspiration and readily available content.

Tapestry AI also facilitates better management of intellectual property. It allows organizations to efficiently assess the copyright status of their own assets. They are then able to make informed decisions about licensing, distribution, and monetization.

How Do You Buy Tapestry AI (TAPS)?

Purchasing Tapestry AI (TAPS) involves acquiring the cryptocurrency token. This generally involves using a cryptocurrency exchange.

The process typically begins by creating an account on a cryptocurrency exchange that lists TAPS. Users will need to complete a verification process to comply with regulations. Once the account is verified, users can deposit funds, typically in the form of another cryptocurrency like Bitcoin (BTC) or Ethereum (ETH), or in some cases, fiat currency.

After depositing funds, users can then search for the TAPS trading pair on the exchange (e.g., TAPS/BTC or TAPS/ETH). They can then place an order to buy TAPS, specifying the amount they wish to purchase. Possible exchanges include centralized exchanges, or decentralized exchanges that support the appropriate blockchain that TAPS is built upon.

How Do You Store Tapestry AI (TAPS)?

Storing Tapestry AI (TAPS) requires a cryptocurrency wallet. The wallet must be compatible with the blockchain on which TAPS is based.

There are several types of cryptocurrency wallets available:

• Software Wallets: These are applications that can be installed on a computer or smartphone. Examples include Trust Wallet or MetaMask. Software wallets offer a balance between convenience and security.
• Hardware Wallets: These are physical devices that store the private keys offline. Examples include Ledger or Trezor. Hardware wallets are considered the most secure option.
• Exchange Wallets: These are wallets provided by the cryptocurrency exchanges. While convenient, they are generally less secure. It is not recommended to store large amounts of cryptocurrency on an exchange for extended periods.

When choosing a wallet, it is important to consider security, ease of use, and compatibility with TAPS. Always remember to back up the wallet’s seed phrase or private keys to prevent loss of access to funds.

Future Outlook and Analysis for Tapestry AI (TAPS)

The future of Tapestry AI (TAPS) is closely tied to the development and adoption of its AI-powered intellectual property verification platform. As the platform’s capabilities expand, particularly with the planned multimodal scanning abilities, its utility and potential market reach should increase.

The demand for reliable copyright verification tools is likely to grow as digital content creation continues to proliferate. Tapestry AI’s focus on providing a “single source of truth” regarding copyright status positions it to capitalize on this trend. This should be even more relevant, due to the rise of Artificial Intelligence generated content and the IP laws around it.

The success of Tapestry AI will depend on its ability to attract users, maintain the accuracy of its verification processes, and adapt to evolving copyright laws and technological advancements. The broader adoption of TAPS as a utility token within the ecosystem will also play a crucial role in its long-term sustainability.

References

• CoinGecko
• CoinDesk