FLock.io Pronounces Mainnet Launch and Token Era Occasion on Base

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 Era 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 members within the incentivized testnet an airdrop of tokens at as we speak’s TGE. Customers have a possibility to earn FLOCK by partaking in decentralized AI coaching by the platform, which is accessible through prepare.flock.io. These tokens will play a task in enabling collaboration amongst information suppliers, coaching nodes, and compute suppliers inside FLock.io’s ecosystem.

“The mainnet launch and TGE are big 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 fruits 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, with practically 20,000 AI fashions created up to now, 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 embrace AI Enviornment, a aggressive AI growth atmosphere; FL Alliance, a federated studying collaboration platform; and the AI Market, which permits customers to work together with and deploy educated fashions.

FLock.io’s platform ensures information possession whereas facilitating group engagement by 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 embrace Morpheus, IOnet, and Aptos.

As the one AI infrastructure challenge 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 world community of customers. The mainnet launch and TGE pave the best way for FLock.io’s subsequent part of privacy-focused, community-driven AI growth on Base.

Customers can now discover FLOCK on Bybit and CoinGecko exchanges. To study 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 expertise, FLock.io affords a safe and collaborative atmosphere for mannequin coaching, making certain information privateness and transparency. FLock.io’s ecosystem helps a various vary of members, together with information suppliers, process creators, and AI builders, incentivizing engagement by its native FLOCK token. Customers can study extra at FLock.io.

ContactFLock.iopress@hype.companions

This text was initially printed on Chainwire