Nuklai, a blockchain infrastructure at the base layer for improving data environments for artificial intelligence progress, will soon hold a Token Sale to issue its own token, denoted as $NAI.
An Initial DEX Offering (IDO) occurred between April 15-16 on notable platforms such as ChainGPT Pad, Ape Terminal, and WePad. The offering price for the token was set at $0.003, with an initial market capitalization goal of $3 million, and a total supply of 10 billion $NAI tokens.
According to the IDO roadmap, Nuklai intends to broaden the distribution of its token by listing it on various central exchanges. The token has already been introduced on Gate.io Startup on April 15, with a designated allocation of 13,333,334 $NAI tokens for this particular exchange.
In the realm of blockchain technology, Nuklai distinguishes itself as a vital infrastructure supplier, powering advanced AI applications through its marketplace, comprehensive distributed framework, and intelligent data ecosystem. This marketplace is engineered to unlock hidden data potential, generating fresh income sources and consolidating the disparate data sphere to optimize procedures and engender novel commercial prospects.
In the past few days, the project has become functional on the Ape Terminal, welcoming more than 30 companies to join, among which are well-known ones such as GPU.net and SSA Group. The swift acceptance of the project highlights Nuklai’s standing as a top Layer 1 solution for AI, with involvement from 1,500 data experts, data from 4,000 venture capitalists, and 2.5 million organizations, and the procurement of over 250,000 GPUs prior to the token’s debut.
Nuklai addresses a fundamental challenge enterprises face today: the vast amounts of unused data scattered across various sources, some of them created decades apart. To stay competitive and harness the power of AI for innovation, enterprises require a robust mechanism to aggregate and optimize this data. Nuklai’s platform transforms raw data into what it terms ‘smart data’—data that is uniform in format and ‘contextualized’ to increase its utility in AI applications.
The process Nuklai employs involves three steps:
Transforming and organizing enterprise data into a unified format, creating a standardized base for future use.
Allowing Nuklai’s team members and external community members to enrich data by adding context and metadata, thereby increasing the data’s worth.
Providing businesses with richly contextual information that can be employed to develop AI systems for creative advancements or profitable applications.
This method enables the development of vast language models (LLMs) and caters to 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 data is no longer just compared to a valuable resource like oil. Instead, he argues that data has become essential for us, similar to oxygen we breathe. It’s not about its monetary value but our dependence on it. From his perspective, the new oil is metadata, which needs processing before it becomes valuable. Everyone can contribute metadata in Nuklai’s ecosystem to improve it.
He continued:
Companies hold large amounts of data but often lack the insights from it. At Nuklai, we aim to solve this issue by converting raw data into intelligent data, or “smart data.” Our technology utilizes specialized clusters that enable AI models to learn from smart data, merge with other smart data, establish secure data networks for businesses in the same industry, and even monetize data sources. Matthijs de Vries, Nuklai’s founder, adds, “Our forthcoming $NAI token launch is crucial in developing new applications for a wide range of data types, catering to various industries.”
Nuklai’s new blockchain will make it easier for data sharing, AI training participation, and distributed computing. Its architecture has two parts: a payment layer handling data streams and workflows, plus a machine learning layer focusing on AI training and data processing. The ‘Edit to Earn’ (E2E) system motivates contributors by compensating them for creating intelligent data.
Recently, the project initiated its inaugural public initiative called Bitcoin Sentiment Research. During this campaign, participants had the opportunity to earn up to 1 Bitcoin as compensation. Their task was to collectively generate a dataset and share their Bitcoin price forecasts for a minimum of five consecutive days.
Nuklai intends to initiate a substantial incentive scheme for early adopters on its test network. Users who are actively engaged during this phase will be qualified for extra perks. To become eligible, users can engage in various activities such as generating community datasets, subscribing to diverse datasets, and mastering new functionalities.
Nuklai has made great strides in the market before its Token Generation Event (TGE). Not too long ago, the team revealed a collaboration with AI-powered DePIN Brainstems, marking the first enterprise builder on the platform. DePIN Brainstems currently works with prominent corporations such as Nestle and Danone, set to reap the benefits of the Nuklai ecosystem soon. Additionally, Nuklai has secured approval from influential figures in crypto journalism, including CryptoWizard, Cyclop, and Mitch Kapor, the head of investment firm Kapo Capital focused on blockchain technology.
An upcoming Token Generation Event (TGE) and listings on multiple launch platforms signify a significant achievement for Nuklai. As they progress, Nuklai is advancing its ecosystem, standing out as a pioneer in the exciting advancements of data-driven artificial intelligence systems.
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2024-04-16 20:11