You are reading the article “Web 3 Has Potential For Creating And Preserving Value On Blockchains”, Says Aniket Jindal updated in February 2024 on the website Flu.edu.vn. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested March 2024 “Web 3 Has Potential For Creating And Preserving Value On Blockchains”, Says Aniket Jindal
Aniket is the co-founder and COO of Biconomy, a plug-and-play API platform, that simplifies blockchain transactions, with lowered transaction prices. He is a seasoned professional with diversified work experience in marketing, investments, and operations. Known for his versatility and flexibility, Aniket is currently leading operations at Biconomy. Analytics Insight has engaged in an exclusive interview with the COO of Bioconomy to have a glimpse into how a universalized blockchain system can include billions of crypto users into the ecosystem.1. Kindly brief us about the company, its specialization, and the services that your company offers.
From a technical lens, we’re a multi-chain relayer network that helps decentralized applications (dApps) reduce costs by simplifying meta-transactions and the onboarding of users. We lower the barriers to Web3 by making it easier and more affordable to interact with dApps. From an aerial view, Biconomy is a Web3 technology company that simplifies transactions for dApps interacting between blockchain ecosystems. 2. With what mission and objectives, the company was set up? In short, tell us about your journey since the inception of the company. We want to help onboard the next billion users into Web3. These include developers looking to optimize building infrastructure, Web2 institutions discovering blockchain technology, and cryptocurrency or NFT users who want a more seamless, intuitive experience interacting with blockchains. Our origin story — We started running validator nodes in 2023 for a major blockchain to participate in consensus and asked ourselves, “Now that there’s security, how do we scale up adoption?” We spoke to dApp developers who were building infrastructure and said, “How about we take a load of UX issues from you? You save on engineering resources and gas costs with an easy-to-use API.” Biconomy was born, with Gasless as a core product.3. Kindly mention some of the major challenges the company has faced till now.
Web3 and blockchain technology are very much evolving. Development trends, scaling challenges, and developer mindsets shift quickly to seek solutions. What works now may not work in 12 months. Over the last 3 years, we’re fortunate to have a really solid team solve some real and practical challenges for the 100+ dApps who’ve integrated our products such as Gasless and Hyphen. Gas fees can skyrocket and prevent dApps from growing their stack and users, and cross-chain complexities can make it very hard for users to transact between chains. The key pain points will be integrating education of evolving technology, enhancing the user experiences — for both dApps developers and their customers — and moving alongside the most scalable solutions as the Biconomy team learns and grows with the nascent industry.4. Please brief us about the products/services/solutions you provide to your customers and how they get value out of it.
We have two main products — Gasless and Hyphen. Gasless helps dApps and their users reduce gas fees while interacting between blockchains and digital asset platforms such as NFT marketplaces. Hyphen helps users interact across chains from within dApps — imagine being in a blockchain game and transferring or buying assets without leaving the gaming experience. We reduce the complexities of bridging, token swaps, and security for users.5. What does your technology and business roadmap look like for the rest of the year?
Our technology will continue to serve our core audience, which are the builders of the future. These are founders, dApp developers, and blockchain protocols that are seeking better UX. We’ll continue to refine our products to allow faster and cheaper transactions but also work closely with our customers to solve integration challenges.6. How have you seen the evolution of the industry? As you said that you have been here from the beginning, how has the growth been?
We’ll speak to the blockchain market size, which is estimated to rise globally at a CAGR of 56.3% between 2023 and 2029 (Fortune Business Insights). Growth drivers include open-source technology and the growing adoption of cryptocurrencies as an alternative asset class that’s getting more popular over time.7. What role has Web3 played in the innovations of new technologies?
Web1 gave people the ability to read content online. Web2 lets people read and create content — birthing the creator economy. Thanks to the immutable nature of blockchain transitions, Web3 is shaping out to be the 3rd version of the Internet that allows people to read, produce, and own their digital assets without the need for intermediaries. As more institutional capital is poured into the space, we are seeing Web2-to-Web3 business remodeling, increased consciousness by the masses to asset autonomy, and the growing potential of creating and preserving value on the blockchains.8. Do you also feel that the right kind of talent is a challenge in the industry?
Aniket is the co-founder and COO of Biconomy, a plug-and-play API platform, that simplifies blockchain transactions, with lowered transaction prices. He is a seasoned professional with diversified work experience in marketing, investments, and operations. Known for his versatility and flexibility, Aniket is currently leading operations at Biconomy. Analytics Insight has engaged in an exclusive interview with the COO of Bioconomy to have a glimpse into how a universalized blockchain system can include billions of crypto users into the chúng tôi a technical lens, we’re a multi-chain relayer network that helps decentralized applications (dApps) reduce costs by simplifying meta-transactions and the onboarding of users. We lower the barriers to Web3 by making it easier and more affordable to interact with dApps. From an aerial view, Biconomy is a Web3 technology company that simplifies transactions for dApps interacting between blockchain chúng tôi want to help onboard the next billion users into Web3. These include developers looking to optimize building infrastructure, Web2 institutions discovering blockchain technology, and cryptocurrency or NFT users who want a more seamless, intuitive experience interacting with blockchains. Our origin story — We started running validator nodes in 2023 for a major blockchain to participate in consensus and asked ourselves, “Now that there’s security, how do we scale up adoption?” We spoke to dApp developers who were building infrastructure and said, “How about we take a load of UX issues from you? You save on engineering resources and gas costs with an easy-to-use API.” Biconomy was born, with Gasless as a core chúng tôi and blockchain technology are very much evolving. Development trends, scaling challenges, and developer mindsets shift quickly to seek solutions. What works now may not work in 12 months. Over the last 3 years, we’re fortunate to have a really solid team solve some real and practical challenges for the 100+ dApps who’ve integrated our products such as Gasless and Hyphen. Gas fees can skyrocket and prevent dApps from growing their stack and users, and cross-chain complexities can make it very hard for users to transact between chains. The key pain points will be integrating education of evolving technology, enhancing the user experiences — for both dApps developers and their customers — and moving alongside the most scalable solutions as the Biconomy team learns and grows with the nascent chúng tôi have two main products — Gasless and Hyphen. Gasless helps dApps and their users reduce gas fees while interacting between blockchains and digital asset platforms such as NFT marketplaces. Hyphen helps users interact across chains from within dApps — imagine being in a blockchain game and transferring or buying assets without leaving the gaming experience. We reduce the complexities of bridging, token swaps, and security for chúng tôi technology will continue to serve our core audience, which are the builders of the future. These are founders, dApp developers, and blockchain protocols that are seeking better UX. We’ll continue to refine our products to allow faster and cheaper transactions but also work closely with our customers to solve integration challenges.We’ll speak to the blockchain market size, which is estimated to rise globally at a CAGR of 56.3% between 2023 and 2029 (Fortune Business Insights). Growth drivers include open-source technology and the growing adoption of cryptocurrencies as an alternative asset class that’s getting more popular over chúng tôi gave people the ability to read content online. Web2 lets people read and create content — birthing the creator economy. Thanks to the immutable nature of blockchain transitions, Web3 is shaping out to be the 3rd version of the Internet that allows people to read, produce, and own their digital assets without the need for intermediaries. As more institutional capital is poured into the space, we are seeing Web2-to-Web3 business remodeling, increased consciousness by the masses to asset autonomy, and the growing potential of creating and preserving value on the chúng tôi way we live, play and work has changed, so we see Web3 talents as optimistic builders who are willing to embrace change and ambiguity. They do not draw hard lines but are willing to learn and adapt to fast changes. Everyone wants to hire top talent, but we think retaining them and growing with them sustainably is the real challenge. We’re lucky to have assembled a crazy-talented team of builders who just want to build an awesome vision together.
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The four elements of customer relationship management
Vendors of product configurators include BT Squared Technologies Inc., Calico Technology Inc., Concentra Corp., EnAct Inc., FirePond Inc., and Selectica Inc.
Vendors of contact managers include Symantec Corp. and Goldmine Software Corp.
Vendors in this segment that help companies track customer sales histories and call center data include CustomerSoft, IMA, Quintus, Siebel Systems Inc., Vantive Corp.
Vendors in this segment include Clarify Inc., Metrix, ServiceWare
Source: AMR Research, 1999
Tony Leach, executive vice president of services and operations with E.piphany, of Palo Alto, Calif., backs that up, saying its projects usually range from $250,000 to $500,000, depending on complexity.
The payoff for many corporate enterprises, though, is worth it. The ease of Web-based CRM systems enables many more workers in organizations to get at data faster than ever. Until KPMG LLP deployed the e.4 System from E.piphany six months ago, the tax and accounting consultancy relied on 50 financial analysts to query an Oracle database using a complex decision-support tool from Business Objects SA in San Jose, Calif. Now, between 400 and 500 users are accessing the system directly. Queries include sales revenues, what services and products individual clients buy, etc.
A program manager might want to know, for example, what state and local tax products a customer has purchased, what other products that customer has bought, what other products KPMG could sell to that client or why the client won’t buy them. E.piphany’s solution lets KPMG consultants “understand what [we] do for [customers] and what they might need,” says Carey White, the former controller with KPMG, a $4 billion firm based in New York City. “That’s the essence of one-to-one marketing.”
With almost no training, a KPMG program manager directly responsible for a specific client can now access and analyze information that resides in an SQL 7 database on an NT-based Compaq Computer Corp. 5500 server. “Rather than a series of financial or data-extraction experts querying a mainframe and giving a response back to someone else,” customer managers or marketing experts have data at their fingertips within 10 seconds, says White. Although KPMG looked at another database vendor, which White declined to name, E.piphany demonstrated its ability to pre-aggregate data, which was attractive to White. Its totally Web-based architecture was also a selling point.
Integration isn’t easy
At CBC, in many cases, the Web-based interface navigates the health insurance company’s core delivery systems (via the use of thin middleware), mines the required information, and delivers it in a format that is designed for efficiency and organization. “We need to be flexible enough so that plans are designed to meet customer needs as they change in our market,” says DellaVecchia, who notes that many of CBC’s clients surf the Web often, based on traffic analysis and tracking weekly hits and queries from customers. Those hits and queries are on “a positive growth path, incredibly positive. It’s an exponential growth slope,” he says.
Lessons learned about CRM
Prior to implementation, know which business functions you want to automate, and in what order. Don’t automate bad business processes.
The ease of implementing and using Web-based CRM systems, plus the need for far less IT support, virtually sells itself. Gain top management support by demonstrating cost reduction, revenue enhancement or strategic impact. Keep managers committed by continually showing them returns on investment numbers.
Gain user acceptance by involving them early in the process, especially as you determine which functions to automate.
Expect higher adoption of Web-based CRM technology from younger workers familiar with the Internet. For older non-Web-savvy users who’ve been responsible for datamining customer information, it can be especially challenging to get them comfortable with Web technology.
The shorter the implementation period the better, because Internet technology changes so rapidly.
Implementation is a continuous process. As other parts of the company recognize the potential and the benefits of Web-based customer service, they will begin to share what they know and add to the value of the site.
Keep information up to date. Field sales and service personnel require timely, relevant information.
Of course, Internet-enabling CRM solutions doesn’t happen by slapping a Web interface onto a salesforce automation application. Technological challenges abound for companies integrating the Web with other business systems, including legacy and ERP applications. For instance, customers may want to track order status via the Web, which means the Web front end must obtain data from back-end manufacturing or distribution systems.
CBC has to migrate data from IBM mainframe-based VSAM flat files and CICS-based transaction repositories into a relational format in a single, consistent system. “We have vast amounts of information” on disparate systems that often define terms like “customer” differently, says DellaVecchia. “It’s a huge task.” E.piphany consultants are helping with the data cleansing and transformation, and e.4 System’s open architecture will link easily with a future Oracle financial applications implementation. “Any application we move forward with designed on Oracle will be able to use E.piphany because of its open nature,” he says.
It’s clear that supporting customers over the Web is good for business. Companies can cut costs, provide constant service worldwide, and form closer and stronger ties with customers. Organizations that don’t provide Web-based support risk losing customers to their competitors.
“To conduct relationships effectively with millions of customers, the Web is almost indispensable,” says Don Peppers, a partner with Peppers and Rogers Group, a CRM consultancy in Stamford, Conn. “There’s almost no other cost-effective way to do that.”
Emily Kay writes about technology as a principal with Choice Communications, an editorial consulting firm in Chelmsford, Mass. She can be reached at [email protected].
Outsourcing CRM is a blooming business
When Punch Networks Inc. hired outsourcer Safe Harbor Corp. in April 1999 to manage its customer relationship management operations, the Web-based document-collaboration services company saved an immediate $100,000 annually.
“To hire two [full-time] support people–which we would need at a minimum to do this in-house–would cost at least $200,000 per year,” says Scott Fredrickson, sales and support VP for Seattle-based Punch. “Safe Harbor’s solution saved us at least half that cost.”
Outsourcing is a growing trend in the hot customer-support arena. All the major systems integration and consulting firms offer CRM services, analysts note. Keane Inc., for example, expects its $75 million CRM outsourcing business to grow 35% per year for the next several years, says Frank Evan, sales and marketing director with the Boston-based consulting firm’s Cleveland, Ohio, branch.
As with any type of technology outsourcing, organizations farm out CRM operations so they can focus on strategic aims. KaBloom Ltd. hired eSupportNow (eSN) LLC in Boston, for just that reason. “eSN manages the entire back end of order processing, including the call center and e-commerce,” says David Hartstein, co-founder and chief executive with KaBloom, a Boston-based chain of flower stores with five physical facilities and a new Web-based business. “They let us focus on what we do best, which is to buy and sell flowers.”
Companies also outsource CRM operations to lower costs. Punch would spend some $500,000 for hardware, software, consulting services, and a staff of Web developers, knowledge engineers, technical support analysts, and telephone support reps, says Bo Wandell, sales and marketing vice president with Safe Harbor in Satsop, Wash. Instead, Punch pays Safe Harbor a flat monthly fee of $10,000 to host and manage its technical and customer support services, based on Silknet Software Inc.’s eService application.
KaBloom has a different arrangement with its CRM outsourcer. Under a revenue-sharing relationship, eSupportNow makes money every time the flower vendor makes a sale. “We support them to deliver and sell more flowers on the Internet,” says Renan Levy, president of eSN, a 20-employee company that’s been in business since late last year. “The more orders we get, the more money they make,” echoes Hartstein.
Offloading CRM support to an external service provider is not without its challenges. For one thing, service providers don’t know the ins and outs of a company’s products and services. “You have to get the outsourcing company up to speed on your applications, but they’ll never know them as well as you do,” says Fredrickson. Safe Harbor has dedicated a person to learning Punch’s business, but Fredrickson cautions that initial and ongoing training takes time. “As our needs grow, we’ll have to continue to keep Safe Harbor up to date with what’s going on inside our company.”
It’s not for every organization, but outsourcing can be a cost-effective, efficient way to provide Web-based customer support. And outsourcing firms will do almost anything to succeed. “We’re committed to being an extension of the client,” says Levy, who occasionally fields customer’s online questions himself to keep abreast of issues. “We’re committed to learning their environment and vision and reflecting that with our Internet reps.” –E.K.
Reputable online platforms can help entrepreneurs buy and sell businesses.
Business listings include companies at varying price points.
Entrepreneurs who use a platform to purchase a business should hire professionals to help them conduct their due diligence.
This article is for aspiring entrepreneurs interested in buying a small business online.
Many people dream about becoming an entrepreneur and starting their own business. However, small and midsize businesses face challenges. Launching, establishing and maintaining a business is tough, and it can be difficult to remain profitable. New businesses often fail before they have a chance to hit their stride.
Instead of launching a startup, some aspiring business owners purchase an already-successful business or open a franchise. Purchasing an established business is less risky because it has already proven viable and profitable.
To help you get started, here are nine of the most reputable, effective online platforms for buying and selling businesses.1. BizBuySell
BizBuySell says it’s “the internet’s largest business-for-sale marketplace.” It offers options to buy a business or choose a franchise. It can also help you sell a business, find financing, and more.
You can search for businesses by category, state and country. Set up a minimum and maximum price and search franchises by type, state, and the amount of money you have to invest. Another helpful feature is the ability to search for a business broker near you.
Editor’s note: Looking for information on opening a franchise? Fill out the below questionnaire to have our vendor partners contact you about your needs.8. LoopNet
With more than 1,500 commercial listings available, it’s easy to understand why LoopNet is a reliable resource for discovering businesses for sale in any region. In addition to its website, LoopNet has an app available through Google Play and the App Store to browse listings, making it easier for business owners and entrepreneurs with busy schedules.
LoopNet has partnered with various commercial real estate firms, including Century 21, Cushman & Wakefield, CBRE, SVN, and Re/Max Commercial. Sellers can add a listing to market their property.9. Flippa
Originally started as SitePoint Marketplace, Flippa is an online listings platform for buying and selling online, digital, and e-commerce businesses. The site includes listings for everything from independent websites to small SaaS companies, with plenty of listings under $150,000.Other tips for acquiring businesses
While there are excellent websites available to help entrepreneurs buy or sell businesses, you should still be careful when engaging in these types of transactions. Buying and selling businesses can be quite risky and complicated.
Here are some tips to get you started:1. Always do your due diligence.
Whenever you’re looking at a business to buy, take time to review the business’s records thoroughly. Examine copies of the partnership agreements, operating agreements and corporate filings. Conduct lien searches to ensure there’s no outstanding litigation against the company.
Most importantly, review the business’s financial records carefully, and confirm its ownership of any assets that would transfer with the business.2. Have a team around you.
Buying a business is not something to undertake alone. Have an attorney help you review company records and structure the purchase contract. A CPA is also a great resource to help you review the company’s books and ensure everything is in order before you cut a check.
Did You Know?
CPAs are tax experts who can file your business’s taxes, answer important financial questions, and potentially save your business money.3. Consider using a broker.
Lots of people avoid using business brokers because of the extra fees involved. But brokers can be helpful in many ways. For one thing, they can help you find the right business. A good broker can also aid in negotiations, get you the materials you need to conduct due diligence, and ensure your transaction proceeds smoothly toward closing.
Dock Treece, Brittney Morgan and Shannon Gausepohl contributed to the writing and reporting in this article.
It’s not just text and images that are getting swept by the imminent AI storm; more and more brands are working on creating AI tools for video manipulation. And as you’ll learn throughout this page – there are a lot of great tools to help you create and manipulate videos with the help of AI.
How we consume digital content has shifted drastically over the past decade, with online video becoming a preferred medium for many. In the United States alone, 85% of internet users watch online video content each month.
As a result, businesses and content creators are constantly searching for new and innovative ways to create engaging video content that captures the attention of their audience.
This is where AI tools for creating videos come into play. These tools leverage the power of artificial intelligence and machine learning algorithms to automate the video creation process, making it faster, easier, and more accessible for everyone.
In this article, we will explore the world of AI-powered video creation tools, the benefits they offer, and how they work. We will also take a closer look at some of the most popular tools available today and examine how they are transforming the way businesses and content creators approach video production.Elai – create AI videos from just text.
Elai is a platform that allows you to create videos with a human presenter, all from just text. It’s super simple to use and has different avatars to choose from, so you can pick the one that fits your video the best.
You can customize the slides, add images, and even Lottie animations to make your video more engaging. And the best part? You can translate your video into over 65 languages without needing a localization crew!
If you’re a blogger or have a website, Elai has an article-to-video converter that can turn your blog posts into narrated videos, which is great for marketing and SEO.
Overall, Elai is a fantastic tool for anyone who wants to create cool videos without needing any previous experience in video creation.
Pricing: Elai offers four different pricing options, including a free plan that provides 1 minute free credit without requiring a credit card. The Basic plan costs $29/month and offers 15 video minutes/month, while the Advanced plan costs $99/month and offers 50 video minutes/month. Both the Basic and Advanced plans offer 35 avatars and allow one user per account.Type Studio – edit once, post everywhere.
Type Studio is designed to help people edit and repurpose their podcasts, streams, and interviews for various social media platforms such as TikTok, Reels, and Shorts.
The tool offers a text-based editing interface that doesn’t require any prior editing experience or training.
It also provides an auto-generated transcript feature that accurately transcribes podcasts while removing filler words or pauses. Users can upload their files or enter YouTube URLs to start editing, and they can also record new content within the tool.
Type Studio also offers a feature to convert long-form podcasts into short clips for easy promotion across all social media platforms.
Pricing: Type Studio offers four different subscription plans that cater to the needs of solo creators, content creators with weekly output, power users building a business, and businesses collaborating on automation. The free plan allows users to edit up to one hour of video content per month, while the Starter plan costs $12/month and offers five hours of editing time per month, among other features.Waymark – create videos for your business.
You can then polish the video and share, download, or air it.
With Waymark, you can either choose from over 1,000 pre-built templates or use their Flow tool that can automatically generate your video commercial from nothing but the location of your business!
I found the platform to be quite easy to use, but they do provide detailed documentation for their product, which covers the ins and outs of using this tool for business purposes.ToWords – convert videos to articles.
ToWords.io is an AI-powered platform that can convert YouTube videos, podcasts, and other audio files into engaging articles. The platform supports English content and offers well-formatted articles with the ability to make edits after the conversion process is completed.
Pricing: They offer three pricing plans, starting with the Starter plan at $9/month for 120 minutes of content per month, and going up to the Business plan at $199/month for 50 hours of content per month, which includes dedicated account management and SEO optimization.Pictory – long-form content to video.
Pictory also has features that allow you to create shareable video highlight reels and automatically summarize long videos. Its AI engine automatically creates short highlight videos, which you can showcase to prospects and clients, and you can customize the colors and fonts of your captions and add your own intro and outro.
Pictory’s AI can also automatically produce short summary videos from your webinars, podcasts, and Zoom recordings, and you can customize what is included in your video by adding or deleting sentences. Overall, Pictory is a fast, simple, and effective way to edit videos using text.
Pricing: Pictory offers a free trial and three pricing plans: Starter ($19/month), Pro ($99/month), and Enterprise (custom pricing).MOVE Ai – high fidelity motion from any video.
Move.ai is a technology company that provides a motion capture solution using off-the-shelf cameras, mobile phones, computer vision, and deep learning.
They have developed patented artificial intelligence, computer vision, and machine learning software that can capture high-fidelity motion data without requiring any suits or markers. This technology enables motion capture in any environment and can capture 1 to 3 people at a time.
Move.ai’s motion capture solution has been tested against the best-in-class optical and suit-based systems and delivers comparable high fidelity motion data to any platform. Their technology is already being used by some of the industry’s leading games, sports, and metaverse companies.
You can use Move Ai’s motion capture solution by signing up on their website or joining their Discord community.
Pricing: chúng tôi offers a Creator Tier plan for $365 per year, which includes 12 months of access, a fair use policy of up to 30 minutes of processed animation per month or 6 hours across the year, and $0.04 per animation second for processing above the fair use policy. New users get 2 minutes free when they sign up.Gling – cut silences and bad takes.
Gling is an AI-powered video editing tool designed specifically for YouTube creators. It takes raw recorded video/audio and automatically removes unwanted silences and disfluencies, saving creators time and effort.
The process involves uploading the video file to the desktop app, where Gling transcribes the video, cuts out the irrelevant parts, and exports the final video in various formats such as MP4, MP3, and SRT captions.
Gling currently supports English videos only and can export files compatible with Final Cut Pro, DaVinci Resolve, and Adobe Premiere.
Pricing: Gling offers a free trial for the first video, after which there is a charge of $5 per video.Deepfakes Web – swap faces using AI.
Deepfakes Web is a deepfake maker that uses AI to swap faces in videos. The deepfake app is cloud-based, meaning you can upload videos, and the app will do the rest. The app has a private feature that ensures that only the user has access to their learning data, videos, and images.
You can also reuse your trained model to make additional videos or improve the face-swapping quality of the results without re-training the model.
The app also has responsible deepfake technology features such as visible watermarks and intentionally imperfect design.
Pricing: The pricing is $3 per hour, with an average cost of $15 for a basic deepfake and $60 for a high-quality deepfake.
D-ID offers a range of digital people and talking avatar solutions using generative AI technology, including text-to-video and conversational AI experiences. The Creative Reality Studio enables you to create personalized videos with talking avatars using deep-learning face animation technology, GPT text generation, and Stable Diffusion text-to-image capabilities.
The platform allows you to create AI-generated videos quickly and cost-effectively, with the ability to reuse existing faces and scripts. D-ID’s API is also available for developers to integrate into their own platforms.
The company emphasizes the responsible use of its technology and encourages its customers to use visible watermarks and acknowledge the use of deepfake technology.
Pricing: There are five pricing plans available. The Trial plan is free for 14 days and offers 5 minutes of video, while the Lite plan costs $5.99/month and offers 10 minutes of video. The plans differ in terms of watermark, presenter options, AI prompt generations, API access, and commercial use.BOOLV – generate brand videos.
By using AI, Booltool helps brands save time and cost by creating persuasive videos that target consumers with higher efficiency.
In the Smart Video Maker dashboard, you can do things like import a product page (from Shopify, for example) – and their AI engine will extract all the required data to then generate a video based on the purpose you select.
The platform has partnered with several outstanding enterprises to optimize cutting-edge algorithms and implement related commercial applications such as virtual dress-up and 3D scene reproduction.Summary
From text-to-video and talking avatars to AI-generated product videos and automatic video editing, the possibilities are endless.
As AI continues to revolutionize the way we create and consume video content, we can only imagine the new creative frontiers that will open up for us.
So, if you’re a content creator looking to elevate your video marketing game, there’s no better time to harness the power of AI and explore the possibilities.
Why do we have seasons on Earth? The planet’s axial tilt, of course. But the tilt does more than just push us from spring, to summer, to fall, to winter. It’s also an important stabilizing force for our atmosphere—without which life on Earth would be almost assuredly impossible. And so it stands to reason that tilt might play an important role in fostering life on other worlds as well. That brings us to some new findings, published in The Astronomical Journal, that suggest a pair of potentially habitable exoplanets possess stable tilts, which bolster the chances they are more Earth-like than we imagined.
Those planets are Kepler-186f and Kepler-62f, 550 and 990 light years from Earth, respectively. The former, whose discovery was first announced in 2014, was actually the first Earth-sized exoplanet found in the habitable zone of its star; the latter has a mass 2.8 times that of Earth (making a super-Earth). “It was already known that these two exoplanets are likely rocky, and they reside in the habitable region, where liquid water could exist on the surface of the planets,” says study author Gongjie Li, an assistant professor at Georgia Tech. “We are seeking to constrain the habitability of these planets further, to know better how likely these two planets could host life.”
“It is not known in detail how the spin axis variations and the climate really influences the existence of life in general—robust life forms could exist in extreme environments, too—but a stable environment could be a good way to start,” says Li.
For instance, it’s thought that axial tilt is one reason Mars, despite being in the habitable zone of our solar system, lost a thick atmosphere and went from being a warm, watery world to a cold, dry hellscape within the last four billion years. The axial tilt of the red planet has varied wildly from zero to 60 degrees, and that instability means an inability to maintain a proper hold on its atmosphere. Earth’s axis, on the other hand, only oscillates between 22.1 and 24.5 degrees, roughly every 10,000 years, which is why the blue planet has been so good to life for so long. Li’s co-author, Yutong Shan from the Harvard-Smithsonian Center for Astrophysics, does point out that “Earth’s axial angle would also have been more unstable if it didn’t have such a large moon which, at least in this case, has a stabilizing effect.”
Kepler-62f and Kepler-186f were of particular interest because they exist farther from their host stars than Earth or Mars do. “Also importantly,” says Shan, “spin axis dynamics is richest in multi-planet systems because spin axis variability result from gravitational interactions between planets. Both 62f and 186f are in five-planet systems, and we understand the properties of the other planets pretty well because they all transit their star.”
After making calculations, the pair ran some simulations based on the numbers they had, and found that the spin axes for both planets are pretty stable, despite both lacking their own moons. In spite of having quite a few neighboring exoplanets to contend with in their respective star systems, they aren’t faced with gravitational effects that would destabilize their axes. “That’s good news to the kind of lifeforms whose emergence and survival rest on the long-term stability of their home planets,” says Shan.
Li believes this type of dynamical analysis of spin axis “can be easily applied to other exoplanetary systems,” and could go a long way in helping to bolster or reject suspicions of habitability for other worlds.
“I think the exciting to take away,” says Eric Agol, an astronomer at the University of Washington who first discovered Kepler-62f, “is that these type of dynamical studies can be connected to real systems. Now we actually have possible prospects to characterize [multi-]planetary systems like this. A lot of times that’s a problem doing theoretical work—with so many parameters to take into account, it isn’t always clear which targets have the most promise [for habitability] and which don’t.”
Lisa Kaltenegger, director of the Carl Sagan Institute at Cornell and part of the Kepler-62f (and 62e) discovery team, thinks the findings are part of a lively discussion on the role of axial tilt on exoplanet habitability, but she does emphasize, “life that develops on other worlds… should be able to develop for any axis tilt. Life would probably have evolved differently if Earth had had a different axis tilt, but no one knows if the differences would have been substantial or if we would just live in different parts of our own world.”
The work breakdown structure provides a roadmap to carry out specific activities of the project in a pre-defined manner to avoid confusion and conflict among the teammates. so that any friction in the production process can be reduced to a minimum and the activities carried out smoothly.What is a WBS?
Work breakdown structure is a tool to manage the activities of the project; WBS decomposes the activities of large projects into smaller tasks and then distributes them among the specialized professionals to carry out their respective activities, and all the project data is maintained in the WBS dictionary.
First, it breaks down the project’s complex components into bite-sized components, making them easy to handle and solve. Work breakdown structure is a pre-planned module for every project to work on the projects by breaking them into smaller modules and carrying them in teams to complete the task in the assigned duration of time.
Most of the WBS are deliverable bases but some are also phase based. WBS is used when the projects are complex and large because a single mistake can ruin the project, affect the cost of capital, and increase the time of project completion. With the help of WBS, it becomes manageable for the team members to identify their tasks, manage them, and understand how their small part in the task will impact the project as a whole.
According to WBS, when we further move down the levels of the project, we can see each level break down into further details by applying the 100% rule at each level.
At every level, the details of the project are broken down into smaller tasks to reduce the complexity according to the 100% rule and then assigned to the respective team members according to their specialization in the tasks.How to Create a WBS Dictionary? Elaborate the project
The project is to be elaborated for a better understanding of the task before it is broken down into smaller modules. The scope and purposes of the project are clearly defined so that each step of the project and its related tasks are clear to the team members. Complex projects are refined first and then broken down into small tasks for execution.Set Project Margins
Once the project is defined and identified, now we have to set boundaries for what should be included in the project and what should not be included in the project. It made the execution of the project easier, but if we define the requirements of the projects earlier and allot the budget, then the project execution will become much easier. It will also save money by predefining the requirements and not spending on anything not related to the project itself. It is necessary to define the boundaries so that the workflow will be smooth and efficient.Project Deliverables Identification
Project deliverable identification defines the project scope statement or mission statement. It defines the procedure of work that should be done to deliver the output under predefined circumstances and budgets. It focuses on what steps should be taken to deliver the output efficiently and reduce the cost of production without affecting the quality of the outputDefine and Breakdown the Element of Level 1
Define the elements of level 1 deliverables according to the 100% rule. According to this rule, everything necessary for the project is included and defined so that the blueprint can be created without any problems.
After defining the deliverables, the next step is to break down the elements of level 1 into small parts according to the 100% rule, and then these tasks are assigned to the teams specialized in that field. This process is called the decomposition of elements in the project.Identify the Teams
This step is the most significant part because the productivity of the task depends upon the distribution of work to appropriate team members to increase the efficiency of production. The product manager has to keep a record of all the activities performed, guide the team members and keep a check that there is no internal conflicts arise as it will reduce the efficiency of production.Prepare a Gantt Chart
A Gantt chart shows the difference between the task completion timing of what is expected to complete the task and how much time is consumed by the task to be completed. The Gantt chart records the period of every task and how much time is taken for each activity. It helps the manager understand their performance status to determine whether their performance is lagging behind the rate of performance expected or not.How to Maintain the Work Breakdown Structure?
The most important thing is to maintain the WBS dictionary throughout the execution of the project. Once you are done with the initial steps of the WBS, we have to maintain it with the task completions so that everything will be recorded and we can see the actual difference between the expected rate of project execution and the real-time execution rate of the project.
Deliverables Focused − We have to maintain the WBS dictionary to understand the output rate of the project and what changes can be made to improve its efficiency. It is deliverable-focused and doesn’t care about the path that has been taken to execute the tasks.
Everything should be exclusive, and there should be no overlapping of activities that will result in higher production costs and consume more time and energy. The project manager should take care of task execution management. The execution of unnecessary activities will increase the production cost without adding any value to the project.
Work breakdown structure is a consistent planning tool that creates the blueprint of the project, decomposes it into smaller modules, and then assigns them to their respective teams. The WBS is supposed to be smart and clear and avoid any kind of confusion. A consistent amount of details and deliverables makes the project vision clear to the team, smooths the execution process, and helps the manager to maintain a WBS Dictionary.
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