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FLock.io Announces Mainnet Launch and Token Generation Event on Base
In a significant milestone, FLock.io has announced the launch of its mainnet on Base, a blockchain-based platform. This major step marks a new era for the private AI training platform, as it paves the way for the next phase of privacy-focused, community-driven AI development.
The launch coincides with the Token Generation Event (TGE) for FLock.io’s native token, FLOCK. This token will serve as the utility token within the FLock ecosystem, incentivizing and rewarding community participation.
As part of the TGE, Bybit has listed FLOCK, allowing users to access the token through airdrops at today’s event. The token can be found on both Bybit and CoinGecko exchanges.
According to CEO Jiahao Sun, the mainnet launch and TGE represent a crucial turning point for the platform. “With the power of Base, we’re giving builders, users, anyone, the tools to create and collaborate on privacy-first AI models,” he emphasized.
The FLOCK token is designed to facilitate collaboration among data providers, training nodes, and compute providers within the FLock ecosystem. This incentivized structure aims to empower a diverse range of participants, including data providers, task creators, and AI developers.
FLock.io’s mainnet launch marks a significant achievement for the company, considering its multi-year effort to build a decentralized, community-governed AI platform that prioritizes privacy and security in model development.
Source: cryptopotato.com
