2024 is definitely a year full of opportunities for artificial intelligence. There has been explosive growth in NVIDIA, the entry of major companies such as Apple and Google, the birth of Sora, and the anticipated launch of GPT-5 by OpenAI in the middle of the year. As we mentioned in a previous article, there will also be many excellent AI-related projects in the Web3 field, which will explode along with the application of AI in real life. For example, projects like TAO, which has just been launched on Binance, and star projects such as https://t.co/Zv0JaH5qDd have emerged.
The emergence of AI and ML has placed new and higher demands on computing resources, especially for the parallel processing capabilities of GPUs. Projects like https://t.co/Zv0JaH5qDd aim to provide solutions by integrating underutilized GPU resources into a decentralized computing platform. However, the utilization rate of such platforms is currently low because the main users are developers rather than ordinary users. For ordinary users, there are high barriers to running and maintaining these algorithms. @layernet_ai, on the other hand, is a decentralized AI ecosystem aimed at end consumers. Let's briefly introduce this project below.
- Project Background Information
LayerNet aggregates existing decentralized computing power to provide the simplest way for end consumers to run various nodes, AI, and ZK mining capabilities with just a click. The technical team has a diverse background, all centered around artificial intelligence and machine learning. Members come from Google Cloud, the University of Cambridge, Imperial College London, and the University of Tokyo. The project is currently in its early stages and has no funding background information. It has already established partnerships with @PublicAI_ and @PaalMind projects.
There are already many applications focused on decentralized computing power in the market. For example, Render Network focuses on rendering, Filecoin focuses on storage, and https://t.co/Zv0JaH5qDd focuses on AI. In contrast, LayerNet aims to be a blockchain-native application.
- Ecosystem
The LayerNet ecosystem is quite rich, whether it's infrastructure or decentralized applications. The architecture design is shown in the figure below.
LayerNet dApp Marketplace: Mainly uses decentralized AI computing power to build dApps.
LayerNet AI Network: Infrastructure layer, a full set of AI tools on Solana, economically and quickly processing massive data on-chain, with more details to be announced soon.
LayerNet Economic Framework: Mainly provides token incentives for builders and users.
- Product Features
Increase the utilization of distributed GPU networks: Unlike existing platforms such as Akashi Network or https://t.co/Zv0JaH5qDd, LayerNet will establish an open market where builders can run and maintain nodes, use decentralized computing power to mine tokens, or participate in ZK mining using ZK algorithms. End consumers can simply click to purchase services, greatly reducing the barriers for ordinary users to enter the blockchain.
Incentive rewards: Builders can develop various services on the blockchain, and end consumers can purchase with a click. Both builders and consumers can receive rewards in L1 chain tokens and can also run services (nodes or mining services) on other chains to receive airdrops or rewards.
Open-source AI models: Builders can use open-source AI models and allocate computing power to create AI applications, allowing consumers to use them without barriers and build a complete AI ecosystem.
- Recent Activities
LayerNet will release its Power-UP NFT, named Energizer, with a total supply of 4997. The price has not been announced yet and will start minting at 1:00 PM UTC on April 25th. There are 2024 whitelist spots available for lottery in Discord, and part of the whitelist will be distributed through various activities, ecosystem partnerships, community activities, AMAs, etc. The NFT provides future token airdrops, potential rewards for staking and mining, and early access to future LayerNet products. Participants can also complete tasks in the Galaxy to earn points and have a chance to receive airdrop rewards.
In summary, LayerNet addresses the current contradictions in the AI field in Web3 from a new perspective, allowing ordinary users to participate and perform mining operations for AI/ZK. It is believed that the project has great potential in this year's AI bull market. Let's continue to follow the project's future technological updates and look forward to making the AI field more prosperous.
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