[PRESS RELEASE – London, UK, December 31st, 2024]
FLock.io, the personal 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 individuals within the incentivized testnet an airdrop of tokens at immediately’s TGE. Customers have a chance to earn FLOCK by partaking in decentralized AI coaching by way of the platform, which is accessible through practice.flock.io. These tokens will play a task in enabling collaboration amongst knowledge suppliers, coaching nodes, and compute suppliers inside FLock.io’s ecosystem.
“The mainnet launch and TGE are enormous steps ahead for FLock.io,” mentioned Jiahao Solar, CEO and Co-Founding father of FLock.io. “With the facility 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 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 to this point, 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 embody AI Enviornment, a aggressive AI growth setting; FL Alliance, a federated studying collaboration platform; and the AI Market, which allows customers to work together with and deploy educated fashions.
FLock.io’s platform ensures knowledge possession whereas facilitating group engagement by way 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 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 programs and empowering its international community of customers. The mainnet launch and TGE pave the way in which 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 knowledge privateness and transparency. FLock.io’s ecosystem helps a various vary of individuals, together with knowledge suppliers, job creators, and AI builders, incentivizing engagement by way of its native FLOCK token. Customers can be taught extra at FLock.io.
SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Unique): Use this hyperlink to register a brand new account and obtain $600 unique welcome provide on Binance (full particulars).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this hyperlink to register and open a $500 FREE place on any coin!