2. **MyShell** is a decentralized AI ecosystem that enables users to build, share, and own AI Apps.
1. **Binance Labs** invested in **MyShell** during Labs Incubation Season 6.
3. The project was **launched in April 2023** with a focus on fostering an equitable creator ecosystem.
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4. **MyShell’s core philosophy** revolves around creating a fair and inclusive environment for AI creators.
5. The ecosystem is built on **four pillars**: an open-source model layer, AI creator platform, AI app store, and incentive network.
6. These pillars aim to support **open collaboration, accessible tools, and fair monetization** for AI creators.
7. **Yi He**, Co-Founder of Binance and Head of Binance Labs, expressed excitement about supporting AI-powered consumer applications.
8. Yi He believes MyShell has the potential to create a robust creator economy based on **AI and crypto**.
9. **Ethan Sun**, Co-Founder of MyShell, highlighted the project’s focus on building **composable and multimodal AI tools**.
10. Ethan Sun is enthusiastic about Binance Labs’ support in realizing MyShell’s vision of revolutionizing traditional AI development.