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Avant! AI™ is in the Global Natural Language Processing (NLP) Market, Which is Projected to Reach $74.3 Billion By 2028*
InstantFAME™ is in the Digital Artwork Marketplace, Which is Projected to Reach Nearly $6.5 Billion in The U.S. in 2023**; Includes Non-Fungible Token (NFT) market.
LAS VEGAS, NV, April 12, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Trend Innovations Holding Inc. (OTCQB:TREN) (“TREN” or the “Company”), a company that creates, develops and acquires innovative software technologies providing complex solutions utilizing Artificial Intelligence (AI) as well as providing a host of Information Technology (IT) consulting services, today released additional information regarding its two recent acquisitions, both in multi-billion-dollar markets.
The Company recently announced that it has acquired two technologies in the AI Machine Learning (Avant! AI™ or “Avant”) and Digital Artwork (InstantFAME™)sectors. The details of the transactions can be found in the 8K that the Company filed on April 3, 2023: https://www.otcmarkets.com/filing/html?id=16536834&guid=d_m-kpd9M-yeJth
Natalija Tunevic, the President, CEO of TREN said, “Some of the key features of Avant include: (i)Voice Recognition: Avant can recognize and respond to voice commands, allowing users to interact with devices hands-free. (ii) Personalization: The system can be trained to recognize individual users and their preferences, providing a personalized experience. (iii) Multi-lingual Support: Avant supports multiple languages, allowing users to interact with the system in their preferred language. (iv) Integration: The system is designed to integrate with a wide range of devices and systems, from smartphones to smart homes.
“The InstantFAME application offers users the fun of creating digital artwork and then making it available for purchase by members on the application. The technology is available on both a mobile and web application, which allows for digital ratings and secured sales of digital works of art, including a plan to incorporate NFTs. The system enables artists to post their digital works of art, earn followers, earn ‘likes,’ and ultimately sell their work. The platform assigns a monetary value to artwork likes, creating a new methodology to increase its value and making the artist famous!”
Tunevic continued, “The Avant machine learning technology was purchased to empower InstantFAME.The platform is used to upload artwork in the form of digital media like pictures and videos. Auction houses that feature artwork have existed for many years. They handle authenticating works of art and specialize in their purchase and sale. However, in today’s digital age, an increasing amount of art is not tangible; instead, it is created and circulated digitally.
“One example is non-fungible tokens (NFTs). NFTs can be anything downloaded (drawings, music, etc.) but are most commonly digital works of art. An NFT is unique and non-interchangeable and stored on a digital ledger using blockchain technology. Accordingly, there is a need for systems and methods facilitating the secure purchase and sale of digital works of art. Our InstantFAME platform enables content creators to post, price, and sell their digital works of art, gain likes and followers and ultimately increase the value of their works of art.
“The Company purchased Avant, among other uses, to be integrated within the InstantFAME application to manage and supervise its monetizing, cybersecurity and censuring systems. Avant AI will be controlling pattern recognition censorship technology to provide a moral and safe environment for all ages and communities. It is also planned to use Avant to support NFT platforms in the future, maintaining data in the blockchain and managing inner application operations.
“Additionally, the Avant machine learning technology will be used to identify security requirements, pointing out cyber threats and potential vulnerabilities, quantifying critical threats/vulnerabilities, and prioritizing remediation methods.”
The CEO concluded by saying, “Avant has also been positioned as a business-to-business (B2B) solution, offering the technology to companies in a range of industries, including healthcare, hospitality, and retail. The platform has also been developed as a software development kit (SDK) that allows third-party developers to integrate Avant into their own products and services.
“We believe that these technologies will put the Company in a good position to gain a share of these multi-million-dollar markets for our clients and to generate revenue for our shareholders.”
** – https://www.statista.com/statistics/1176782/online-art-industry-market-size-us/
Published With:
https://finance.yahoo.com/news/trend-innovations-holding-tren-issues-125300945.html?guccounter=1
Forward-Looking Disclaimer
Certain statements contained in this press release may constitute “forward-looking statements”. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release.
