Nuklai, a Layer 1 blockchain platform that boosts data environments for artificial intelligence progress, will soon hold a Token Generation Event (TGE) and unveil several exchange listings for its native currency, $NAI.
An Initial DEX Offering (IDO) occurred between April 15th and 16th on notable platforms such as ChainGPT Pad, Ape Terminal, and WePad. Demand was strong, resulting in the swift sale of $NAI tokens on ChainGPT within 20 seconds and on Ape Terminal within 10 minutes. The token is valued at $0.003, aiming for a market capitalization of $3 million during its launch, with a total supply of 10 billion $NAI tokens.
According to its roadmap as outlined by IDO, Nuklai intends to broaden the influence of its token by debuting on various centralized markets. The token has already commenced trading on Gate.io Startup as of April 15th, with a designated amount of 13,333,334 $NAI tokens earmarked for this exchange. Additionally, it will become available on MEXC from April 17th, featuring the $NAI/USDT trading pair.
In the realm of blockchain technology, Nuklai distinguishes itself as a vital foundation that strengthens the capabilities of next-generation AI. This is accomplished through its marketplace, comprehensive distributed infrastructure, and intelligent data ecosystem. The marketplace serves to unlock hidden data sources, generating fresh income streams and streamlining the disjointed data environment to enhance procedures and spark innovative business collaborations.
In the past few weeks, the project has become functional on the Ape Terminal, welcoming more than thirty companies such as GPU.net and SSA Group. This swift incorporation highlights Nuklai’s role as a pioneering Layer 1 AI solution, with involvement from 1,500 data experts, data from 4,000 venture capitalists, and 2.5 million organizations. Additionally, the acquisition of over 250,000 GPUs precedes the upcoming public release of its token.
Nuklis tackles a significant issue for businesses today: dealing with large quantities of underutilized data from diverse sources, some of which date back decades. In order to keep up with competition and leverage artificial intelligence (AI) for advancement, companies need an effective solution to collect and enhance this data. Nuklis’ platform converts raw data into what they call ‘intelligent data’: data that is standardized in format and contextually enriched to boost its value in AI projects.
The process Nuklai employs involves three steps:
Transforming and organizing enterprise data into a uniform structure by generalizing it and creating a standard format for easy reference.
Allow Nuklai’s team members and external contributors from the community to enrich data by adding relevant context and metadata, thereby increasing the data’s significance.
Providing businesses with richly contextual data that can be employed to develop AI models, driving innovation or revenue generation.
This method facilitates the development of extensive language models (LLMs) and capitalizes on the expanding demand for AI and LLM data training, valued at approximately USD 4.35 billion in 2023.
Matthijs de Vries, founder of Nuklai, points out that while people often compare data to the new oil due to its perceived value, he believes data is more essential than that. “Data has become our oxygen,” he explains. “We don’t collect it for its monetary worth, but because we can’t function without it.” Regarding the comparison to oil, Matthijs suggests that metadata serves as the new crude. Although valuable, metadata needs processing before it becomes truly useful. In Nuklai’s ecosystem, anyone can contribute to enhancing metadata.
He continued:
“Many businesses today are sitting on large amounts of untapped data but lack the insights to make use of it effectively. Nuklai aims to solve this problem by turning raw data into intelligent data, or ‘smart data’. Our technology is built around advanced clusters that enable AI models to learn from smart data, connect with other smart data sources, form industry-specific data networks, and even monetize data. With the upcoming launch of our $NAI token, we’re expanding the capabilities of data utilization across various industries.” – Matthijs de Vries, Nuklai Founder.
Nuklai’s new blockchain aims to make data sharing, contributor involvement, and AI training easier by streamlining the required data pipelines and workflows for distributed computing. The network is structured with a two-tier design: a transaction layer that handles data inputs and a dedicated AI training and processing layer. This setup is reinforced through an “Edit to Earn” (E2E) system, which motivates contributors to continually refine smart data by offering rewards.
Recently, the Bitcoin Sentiment Research project initiated its inaugural public initiative. In this campaign, people were invited to contribute to a communal database and share their Bitcoin price forecasts for a minimum of five consecutive days. The most active participants stood to receive a reward of up to 1 Bitcoin.
Nuklai intends to initiate a significant incentive scheme for early adopters using its testnet. By experimenting with various features on the testnet, including creating community data sets, subscribing to diverse data sets, and mastering new functions, users can qualify for this initiative.
Nuklai has made impressive strides in the market before its Token Generation Event (TGE). Not long ago, the team unveiled a collaboration with AI-powered DePIN Brainstems, marking Brainstems as the initial enterprise builder on the network. Brainstems currently works with industry giants like Nestle and Danone, set to reap benefits from Nuklai’s ecosystem soon. The project has also gained support from influential figures in crypto media, such as CryptoWizard, Cyclop, and Mitch Kapor, the CEO of investment firm Kapo Capital focused on blockchain technologies.
Upcoming Token Generating Events (TGE) and listings on multiple launchpads signify a significant achievement for Nuklai. This progress pushes Nuklai forward in developing and broadening its ecosystem, placing it at the cutting edge of the exciting advancements in artificial intelligence (AI) systems that leverage data.
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2024-04-16 21:03