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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 can function the utility token of the FLock ecosystem by incentivizing and rewarding group participation.
The FLOCK token will debut on Bybit, providing contributors within the incentivized testnet an airdrop of tokens at at this time’s TGE. Customers can earn FLOCK by partaking in decentralized AI coaching by way of the platform accessible through prepare.flock.io. These tokens will allow 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 growth. 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 Might 2024. This progress attracted important funding, with FLock.io securing a strategic funding spherical in December 2024, led by DCG.
FLock.io’s platform has gained traction. Practically 20,000 AI fashions have been created to this point, and the ecosystem is supported by over 600 coaching nodes, 1,000 validators, 63,000 delegators, and 700,000 finish customers of fashions. The platform’s merchandise embody AI Area, a aggressive AI growth setting; FL Alliance, a federated studying collaboration platform; and the AI Market, which permits customers to work together with and deploy skilled fashions.
FLock.io’s platform ensures information possession whereas facilitating group engagement by way of on-chain rewards to advertise transparency and lively participation. With over 30 superior fashions, FLock.io has processed over 2.5 million mannequin and validation submissions. FLock.io’s enterprise companions embody Morpheus, IOnet, and Aptos.
As the one AI infrastructure undertaking to obtain the Ethereum Basis Tutorial Grant in 2024, FLock.io represents a shift towards privacy-preserving, community-driven AI growth, lowering dependence on centralized methods 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 growth 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 affords a safe and collaborative setting for mannequin coaching, making certain information privateness and transparency. FLock.io’s ecosystem helps numerous contributors, together with information suppliers, activity creators, and AI builders, incentivizing engagement by way of its native FLOCK token. Customers can be taught extra at FLock.io.
Contact
FLock.io, press@hype.companions
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