Wadiz Drastically Streamlines Funding Process with Full AI Adoption

Crowdfunding platform Wadiz is innovatively adopting artificial intelligence (AI) technology across the board, revolutionizing funding procedures and lowering the barrier to global expansion. The core of this initiative is the simplification of the entire process, from project creation to overseas market entry, through AI, which significantly lowers entry barriers for makers. Currently, Wadiz applies AI in three main areas: responding to maker inquiries, story review, and multilingual translation. The AI consultation agent ‘WAi’, launched last July, responds to maker inquiries with over 84% accuracy and automatically provides guidance related to project operation. Beyond resolving inquiries, WAi is scheduled to expand within the year to include a ‘Story Agent’ feature that automatically generates detailed page stories through funding project analysis, and a ‘Data Agent’ feature that analyzes funding and payment status, user inflow paths, and more. ‘AI Review’, introduced last November, automatically checks project wording against advertising review standards and policies, filtering out potentially misleading expressions in advance. Makers can request a review up to 5 times before funding opens and receive results within 15 minutes. Within one year of its introduction, 82% of all makers utilized AI Review, with an average of 4.4 uses per maker, resulting in a significant reduction in review time from 4 days to 1 day. Wadiz's AI translation feature automatically translates project titles, content, and even text within images into various languages, including Korean, English, and Chinese, enabling domestic and international makers to communicate with global supporters and enter overseas markets without extra effort. This is leading to an increase in participation from overseas makers in countries like China, Europe, and Japan. A Wadiz official emphasized that the funding process is continuously improving through AI technology, stating that they will continue to build a platform where anyone can easily and conveniently challenge funding and leap into the global market.