NeurochainAI launches $NCN token ahead of Chainwire node staking


London, UK, August 9, 2024, Chainwire

NeurochainAI, a decentralized AI-as-a-Service (DeAIAS) network, today launched its Token Generation Event (TGE) with its $NCN token available for trading at 12pm UTC on two centralized exchanges, Gate.io and WhiteBIT, with additional CEX listings to be announced in the near future.

With over 150,000 users already onboarded and over 80,000 wallets connected to the platform, NeurochainAI is quickly establishing itself as a leader in the DeAIAS space that also includes a trusted DePIN for AI inference. To further improve user experience and accessibility, NeurochainAI has launched a beta version of its mobile app for AI inference. The beta app is already being tested by over 3,000 users across 183 countries, reflecting the global demand and anticipation for NeurochainAI’s innovative solutions.

The TGE marks the official launch of NeurochainAI’s $NCN token, with the project committing to a fair launch strategy by listing directly on centralized exchanges (CEX), ensuring equal access and better conditions for all. As part of the strategy, the community also has the opportunity to earn NCN by connecting GPUs and participating in data tasks for extended periods.

With a solid reputation in the industry and over 10 million users, Gate.io boasts a daily trading volume exceeding $12 billion. WhiteBIT stands out as one of the best options for cryptocurrency enthusiasts with impressive trading volumes and over 4 million users from 150 countries.

The token launch will be immediately followed by the introduction of node staking, an initiative aimed at fostering network decentralization with a fair way to grow a network of validators. The approach reflects industry best practices, ensuring transparency with rewards known in advance, decentralization as equal stake applies to all nodes, and a fair chance for everyone to participate on a first-come, first-serve basis.

“We are focused on creating a TGE and node staking that makes fairness and transparency a core goal,” said Julius Serenas, CEO of NeurochainAI. “Our fair launch approach ensures that all participants have the opportunity to participate in the NeurochainAI ecosystem, promoting network decentralization and community-driven growth in the AI-as-a-Service space.”

Operating a Neuron Validator not only contributes to the decentralization of the ecosystem, but also rewards participants with a daily $NCN compensation, where a stable amount of native coins must be staked to become a validator. 40% of the $NCN supply will be allocated to Neuron Validator NFTs, with a structured vesting plan designed to incentivize long-term engagement.

To learn more about NeurochainAI's node staking opportunities and becoming a Neuron validator, visit their guide here.

About NeurochainAI

NeurochainAI is a decentralized AI-as-a-service (DeAIAS) network that streamlines the process of building, launching, and using AI-powered decentralized applications (dApps). By providing a ready-to-use AI infrastructure, the network enables developers to build AI dApps up to 24x faster and 5x more cost-effectively compared to traditional methods. The platform is focused on advancing the field of AI application development, offering unparalleled ease of use and affordability.

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This article was originally published on Chainwire



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