FLock.io Announces Mainnet Launch and Token Generation Event on Base

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As a seasoned researcher with over two decades of experience in the tech industry, I have witnessed the evolution of AI and its potential impact on our world. The announcement of FLock.io’s mainnet launch and TGE is undoubtedly a momentous occasion that marks a significant step towards realizing the vision of privacy-preserving, community-driven AI development.

Having followed the project since its inception in 2022, I have been impressed by the relentless efforts of FLock.io’s team to create an accessible and collaborative platform for AI enthusiasts worldwide. The success of their incentivized testnet on Base Sepolia, coupled with strategic funding rounds led by DCG, underscores the market’s recognition of FLock.io’s potential.

With over 20,000 AI models created and a vast ecosystem of training nodes, validators, delegators, and end-users, FLock.io is well on its way to becoming a leading player in the decentralized AI space. The platform’s products, such as AI Arena and the AI Marketplace, are innovative solutions that cater to diverse user needs while ensuring data ownership and transparency.

As a researcher who has seen countless projects come and go, it is refreshing to see FLock.io’s commitment to privacy and security in model development. The project’s receipt of the Ethereum Foundation Academic Grant in 2024 further validates its importance as a pioneer in the field of privacy-focused AI infrastructure.

In closing, I believe that FLock.io’s mainnet launch and TGE represent a turning point in the development of privacy-preserving, community-driven AI. As users can now find FLOCK on Bybit and CoinGecko exchanges, I eagerly await the next phase of this exciting journey. And as always, remember: “In the world of AI, the only constant is change!

London, UK, December 31st, 2024, Chainwire

FLock.io, a personalized AI training platform, has unveiled the debut of its primary network on Base. This event aligns with the Token Generation Event (TGE) for their native token, FLOCK. This token will function as the motivational currency within the FLock ecosystem by encouraging and compensating community involvement.

The FLOCK token makes its entrance on Bybit, granting users involved in the incentivized testnet a token airdrop corresponding to today’s Token Generation Event (TGE). Users can accumulate FLOCK by participating in decentralized AI training through the platform, available at train.flock.io. The obtained tokens will facilitate collaboration among data providers, training nodes, and compute providers within the FLock.io ecosystem.

As a crypto investor, I’m incredibly excited about the mainnet launch and TGE of FLock.io, a groundbreaking platform that I believe will revolutionize the landscape of privacy-focused AI. Led by Jiahao Sun, CEO and Co-Founder, we’re on an exciting journey to empower builders, users, and everyone in between with the tools necessary to collaborate on AI models that prioritize privacy. The FLOCK token serves as the backbone, connecting all parts of this ecosystem and ensuring its prosperity.

The launch of the main network marks the end result of a multi-year project to construct an AI platform that is decentralized and governed by the community, emphasizing privacy and security in model creation. FLock.io was established in 2022, and in March 2024 they completed a $6 million seed funding round. In May 2024, they introduced an incentivized testnet on Base Sepolia. This advancement sparked substantial investment interest, leading to FLock.io securing a strategic financing round in December 2024, with DCG taking the lead.

FLock.io’s platform has been gaining popularity, resulting in approximately 20,000 artificial intelligence models built so far. This thriving ecosystem is backed by more than 600 training nodes, 1,000 validators, 63,000 delegators, and over 700,000 users of these models. The platform offers a range of products such as AI Arena, a competitive space for creating AI, FL Alliance, a platform for collaborating on federated learning, and the AI Marketplace, where users can engage with and utilize trained models.

Through its platform, FLock.io guarantees data control while fostering community interaction via on-chain incentives, thereby enhancing transparency and encouraging active participation. Boasting more than 30 sophisticated models, FLock.io has handled over 2.5 million model and validation proposals. Notable business associates of FLock.io are Morpheus, IOnet, and Aptos.

In 2024, FLock.io was the sole recipient of the Ethereum Foundation Academic Grant, marking a transition towards decentralized, privacy-conscious, and community-led AI creation. This move lessens reliance on centralized systems and boosts the platform’s global user network. The mainnet launch and Token Generation Event signal the start of FLock.io’s subsequent phase dedicated to developing privacy-focused AI technology within the Base ecosystem.

Users can now find FLOCK on Bybit and CoinGecko exchanges. To learn more, users can visit flock.io.

About FLock.io

FLock.io is an open platform that empowers users to construct confidential AI models on the blockchain. It merges federated learning with blockchain tech to deliver a safe and cooperative space for model training, prioritizing data privacy and transparency. FLock.io’s community encompasses various roles such as data contributors, task designers, and AI specialists, who are motivated by its native token, FLOCK. For more information, visit FLock.io.

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2024-12-31 15:49