Unthink Launches Its AI-Powered Decentralized E-Commerce Platform On Hedera

HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Wednesday that Unthink, a first-of-its-kind decentralized e-commerce content creator platform leveraging Artificial Intelligence (AI), is now live on the Hedera network. By using the Hedera Token Service (HTS), Unthink offers tiered benefits to content creators and publishers through NFTs that work like loyalty tokens. 

The creator receives an NFT based on actions such as creating content, generating sales, leading to a brand's website, and so on. This token can be used to claim rewards from multiple parties, including brands, agencies,  and publishers. Unthink intends to also enable brands to create their own NFTs using the platform - enabling brands to build their own communities around their products.

Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0830 at press time, up by 2% over the last 24 hours.