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FLock.io Announces Mainnet Launch and Token Generation Event on Base
FLock.io, a private AI training platform, has officially launched its mainnet on Base. This significant milestone is accompanied by the Token Generation Event (TGE) for its native token, FLOCK. The newly minted FLOCK tokens will serve as the utility token of the FLock ecosystem, incentivizing community participation.
The highly anticipated event marks a major achievement for the platform, which has been working towards this goal since its inception in 2022. FLOCK tokens have made their debut on Bybit and CoinGecko exchanges, allowing users to participate in the FLock ecosystem and engage with the AI training process.
As a key component of this development, FLock.io’s CEO and Co-Founder, Jiahao Sun, emphasized the significance of these events: “The mainnet launch and TGE are massive steps forward for FLock.io. By harnessing the power of Base, we’re empowering builders, users, and anyone to create and collaborate on privacy-first AI models while ensuring data ownership and transparency.”
FLock.io’s remarkable progress has garnered significant attention from investors and partners alike. In December 2024, the company secured a substantial funding round led by DCG, bolstering its position in the AI landscape.
As part of this announcement, FLock.io has launched its AI Arena, a competitive environment for developing AI models. Furthermore, FL Alliance, a platform for collaborative learning, and AI Marketplace, an innovative tool for deploying trained AI models, have been added to the ecosystem.
The FLOCK token plays a crucial role in promoting transparency and community engagement within the AI training process. It is distributed among participants based on their contributions to the ecosystem. This model fosters a robust, decentralized network where users can participate in the development of AI models while maintaining control over their data.
FLock.io’s achievements have led it to become an Ethereum Foundation Academic Grant recipient, emphasizing its commitment to pioneering privacy-focused AI development.
The platform has already partnered with reputable organizations such as Morpheus, IOnet, and Aptos.
Source: cryptopotato.com
