Congratulations on another major AI project, #FLock, which is about to have its Token Generation Event (TGE) and will simultaneously launch on three major exchanges. #FLock is set to kick off a 7-day Launchpool event on Bybit that you won't want to miss—this is a great opportunity for new investments! Airdrops will officially start on December 30, and those who participated in the early mining nodes with us will be in for a treat!
FLock is a decentralized AI model training and validation network aimed at breaking the monopoly of tech giants over AI models. Supported by top institutions such as DCG, Lightspeed Faction, and OKX Ventures, it has raised a total of $11 million. Through Federated Learning and Edge Computing, #FLock provides a new approach to data privacy protection and decentralized AI development, forming a closed loop in both technology and business models.
1️⃣ Core Advantages:
The technical framework of #FLock is centered on decentralized training, allowing data to be stored locally while enabling model training, effectively protecting user privacy. #FLock Edge Compute pushes training tasks to edge devices (such as smartphones and tablets), distributing tasks and integrating training results using blockchain technology. Compared to traditional cloud model training, this method reduces latency, fully utilizes idle edge computing power, and avoids privacy risks associated with centralized data storage.
Additionally, #FLock offers modular computing power and training templates, supporting developers to run models on decentralized computing platforms like #Akash (we demonstrated this during early node mining, remember to claim your airdrop), and enhances efficiency through the PoAI consensus mechanism. Currently, over 1,500 developers are participating in model training through #FLock's AI Arena platform.
2️⃣ Business Model:
FLock's business model focuses on incentivizing nodes to participate in AI model training and validation. Nodes provide computing power or training tasks, and users earn rewards through token staking. This model provides a sustainable infrastructure for Web3 and AI projects, especially in scenarios with high demand for model training and computing power, where #FLock will play a key role, similar to a "money cat" and "golden shovel" in the industry.
3️⃣ Practical Applications:
Currently, #FLock has demonstrated broad potential in fields such as healthcare, financial services, and the Internet of Things (IoT). For example, Federated Learning can help hospitals collaboratively develop diagnostic models without sharing patient data; financial institutions can enhance fraud detection capabilities using distributed data; and in the IoT sector, edge computing ensures real-time analysis and decision-making by devices. Furthermore, #FLock has attracted well-known projects like Aptos and Animoca Brands to complete model training through its platform.
4️⃣ Participation Opportunities:
FLock will launch on Bybit's Launchpool tomorrow, from December 31 to January 7, for a duration of 7 days. Users can participate in staking mining opportunities using $USDT, $MNT, and $FLOCK, with a total prize pool of 10 million $FLOCK. As the only AI project funded by the Ethereum Foundation, #FLock's potential in technological innovation and market narrative is worth paying attention to. Whether as a developer running nodes or staking tokens to earn rewards, this is an excellent opportunity to participate in the decentralized AI revolution.
Summary: #FLock combines the advantages of privacy protection, edge computing, and blockchain incentives, and is expected to become an important infrastructure in the Web3 and AI space. Its technological innovation and ecological support will provide strong assistance for the democratization of AI development. Don't miss this 7-day Launchpool on Bybit!
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