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FLock.io Announces Mainnet Launch and Token Generation Event on Base
FLock.io has officially announced the launch of its mainnet on Base, along with a token generation event (TGE) for its native token, FLOCK. This announcement marks a significant milestone in the platform’s development and further solidifies its position as a leading provider of privacy-preserving AI solutions.
As part of this launch, FLock.io is also debuting its FLOCK token, which will serve as the utility token within the ecosystem. The token will incentivize community participation by rewarding users for their contributions to the platform. This innovative approach aims to foster collaboration and transparency throughout the AI model development process.
The mainnet launch on Base paves the way for a new era of decentralized AI development that prioritizes data privacy and security. The FLOCK token, which is now available on Bybit and CoinGecko exchanges, underscores the company’s commitment to empowering users through its community-driven approach.
FLock.io has made significant strides since its founding in 2022, having raised a $6 million seed round in March of this year and successfully launching an incentivized testnet on Base. The platform has garnered attention for its innovative approach to AI development, focusing on the importance of privacy and security throughout the process.
Notably, FLock.io’s technology allows users to create private, on-chain AI models using federated learning techniques and blockchain-based solutions. This innovative infrastructure empowers participants in the ecosystem, including data providers, task creators, and AI developers, by incentivizing engagement through its native FLOCK token.
With the mainnet launch and TGE, FLock.io is poised to take a leading role in shaping the future of decentralized AI development on Base.
The company’s CEO and Co-Founder, Jiahao Sun, expressed enthusiasm about this major accomplishment, stating that the platform now offers builders, users, and anyone the tools to create and collaborate on privacy-first AI models. He emphasized that the FLOCK token plays a crucial role in making the ecosystem thrive.
FLock.io’s vision of creating a decentralized, community-governed AI platform has garnered significant attention, with its user base expanding rapidly since the launch of the incentivized testnet.
As the mainnet is now live, FLock.io is set to continue pushing the boundaries of what is possible within the realm of AI development.
Source: www.crypto-news.net
