London, United Kingdom, December 31, 2024, Chainwire
FLock.io, the private AI training platform, has announced the official launch of its mainnet on Base. This launch coincides with the Token Generation Event (TGE) for its native token, FLOCK, which will serve as the utility token of the FLock ecosystem by incentivizing and rewarding community participation.
The FLOCK token will debut on Bybit, offering participants in the incentivized testnet a token airdrop at today's TGE. Users have the opportunity to earn FLOCK by participating in decentralized AI training through the platform, which can be accessed via train.flock.io. These tokens will play a role in enabling collaboration between data providers, training nodes, and compute providers within the FLock.io ecosystem.
“The launch of the mainnet and TGE are big steps forward for FLock.io,” said Jiahao Sun, CEO and co-founder of FLock.io. “With the power of Base, we give builders, users, and anyone the tools to build and collaborate on privacy-first AI models. And the FLOCK token is what brings it all together to make this ecosystem thrive.”
The mainnet launch is the culmination of a multi-year effort to build a decentralized, community-governed AI platform that prioritizes privacy and security in model development. Since its founding in 2022, FLock.io raised a seed round of $6 million in March 2024 and launched an incentivized testnet on Base Sepolia in May 2024. This progress attracted significant investment, with FLock.io securing a round strategic financing in December 2024. led by DCG.
The FLock.io platform has gone from strength to strength, with nearly 20,000 AI models created to date, with the ecosystem supported by over 600 training nodes, 1,000 validators, 63,000 delegators, and 700,000 model end users. The platform's products include AI Arena, a competitive AI development environment; FL Alliance, a federated learning collaboration platform; and AI Marketplace, which allows users to interact and deploy trained models.
FLock.io's platform ensures data ownership while facilitating community participation through on-chain rewards to promote transparency and active participation. With over 30 advanced models, FLock.io has processed over 2.5 million models and validation submissions. FLock.io's commercial partners include Morpheus, IOnet and Aptos.
As the only AI infrastructure project to receive the Foundation's Academic Grant in 2024, FLock.io represents a shift toward community-driven, privacy-preserving AI development, reducing reliance on centralized systems and powering your network. global users. The launch of mainnet and TGE paves the way for FLock.io's next phase of privacy-focused, community-driven Base AI development.
Users can now find FLOCK on Bybit and CoinGecko exchanges. For more information, users can visit Flock.io.
About FLock.io
FLock.io is a community-driven platform that makes it easy to build private on-chain AI models. By combining federated learning with blockchain technology, FLock.io offers a secure and collaborative environment for model training, ensuring data privacy and transparency. The FLock.io ecosystem supports a wide range of participants, including data providers, task creators, and AI developers, incentivizing participation through its native FLOCK token. Users can learn more at FLock.io.
ContactFLock.io[email protected]
This article was originally published on Chainwire.
