PETGPT, a pet companion app, has launched a closed beta on the Arbitrum Testnet. This app not only features adorable cat designs but also introduces groundbreaking mechanics that have the potential to revolutionize the combination of AI and Web3.
Traditionally, blockchain games required users to purchase NFTs to participate and earn token rewards. While this model created a rapid wealth effect through NFT price speculation, it also raised the entry barrier for new players and disrupted the game’s economic system.
PETGPT takes a different approach by adopting the NFT+SBT dual model. NFTs can be freely minted and traded on secondary markets, but their core utility lies in hatching SBTs (used for game nurturing). NFT holders receive a portion of the mint income for each hatched SBT, turning NFTs into perpetual earning machines. This model ensures a level playing field for all players and emphasizes the value of pets as family members.
Unlike many other blockchain games, PETGPT abandons the conventional Play-to-Earn (P2E) economic mechanism. Instead, it follows the economic philosophy of traditional games, focusing on product playability and designing monetization points. This approach aims to generate revenue through product mechanisms and incentivize exceptional player performance.
PETGPT is currently built on OpenAI’s GPT, which provides a solid foundational experience and quick deployment. However, the team is working on developing small models specifically for pet companionship. By accumulating massive amounts of data and using optimization compression techniques, PETGPT aims to maintain fast inference speed while achieving comparable results to larger models.
The ultimate vision of PETGPT is to restore freedom to players and create a future where independent and uncontrolled small cats exist on the blockchain, serving as interactive entities for humans in the Metaverse.