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London, UK, December thirty first, 2024, Chainwire
FLock.io, the non-public AI coaching platform, has introduced the official launch of its mainnet on Base. This launch coincides with the Token Technology Occasion (TGE) for its native token, FLOCK, which is able to function the utility token of the FLock ecosystem by incentivizing and rewarding neighborhood participation.
The FLOCK token will debut on Bybit, providing contributors within the incentivized testnet an airdrop of tokens at at the moment’s TGE. Customers have a possibility to earn FLOCK by participating in decentralized AI coaching by means of the platform, which is accessible through prepare.flock.io. These tokens will play a task in enabling collaboration amongst information suppliers, coaching nodes, and compute suppliers inside FLock.io’s ecosystem.
“The mainnet launch and TGE are large steps ahead for FLock.io,” mentioned Jiahao Solar, CEO and Co-Founding father of FLock.io. “With the ability of Base, we’re giving builders, customers, anybody, the instruments to create and collaborate on privacy-first AI fashions. And the FLOCK token is what ties all of it collectively to make this ecosystem thrive.”
The mainnet launch is the end result of a multi-year effort to construct a decentralized, community-governed AI platform that prioritizes privateness and safety in mannequin improvement. Since its founding in 2022, FLock.io has raised a $6 million seed spherical in March 2024 and launched an incentivized testnet on Base Sepolia in Could 2024. This progress attracted vital funding, with FLock.io securing a strategic funding spherical in December 2024, led by DCG.
FLock.io’s platform has gained traction, with almost 20,000 AI fashions created up to now, with the ecosystem supported by over 600 coaching nodes, 1,000 validators, 63,000 delegators, and 700,000 finish customers of fashions. The platform’s merchandise embrace AI Enviornment, a aggressive AI improvement atmosphere; FL Alliance, a federated studying collaboration platform; and the AI Market, which permits customers to work together with and deploy educated fashions.
FLock.io’s platform ensures information possession whereas facilitating neighborhood engagement by means of on-chain rewards to advertise transparency and energetic participation. With over 30 superior fashions, FLock.io has processed over 2.5 million mannequin and validation submissions. FLock.io’s enterprise companions embrace Morpheus, IOnet, and Aptos.
As the one AI infrastructure challenge to obtain the Basis Educational Grant in 2024, FLock.io represents a shift towards privacy-preserving, community-driven AI improvement, lowering dependence on centralized techniques and empowering its international community of customers. The mainnet launch and TGE pave the best way for FLock.io’s subsequent section of privacy-focused, community-driven AI improvement on Base.
Customers can now discover FLOCK on Bybit and CoinGecko exchanges. To be taught extra, customers can go to flock.io.
About FLock.io
FLock.io is a community-driven platform facilitating the creation of personal, on-chain AI fashions. By combining federated studying with blockchain know-how, FLock.io presents a safe and collaborative atmosphere for mannequin coaching, making certain information privateness and transparency. FLock.io’s ecosystem helps a various vary of contributors, together with information suppliers, activity creators, and AI builders, incentivizing engagement by means of its native FLOCK token. Customers can be taught extra at FLock.io.
ContactFLock.iopress@hype.companions
This text was initially revealed on Chainwire