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FLock.io Announces Mainnet Launch and Token Generation Event on Base
In a significant breakthrough for the decentralized AI training platform, Chainwire has announced the official launch of its mainnet on Base. This milestone event is accompanied by the Token Generation Event (TGE) for FLOCK, the native token that will drive community participation and incentivize collaboration within the FLock ecosystem.
As part of this launch, participants in the incentivized testnet will receive an airdrop of FLOCK tokens today. The FLOCK token will be listed on Bybit, allowing users to purchase, sell, or trade it as needed. This development marks the next step forward for FLock.io’s mission to revolutionize AI development through a community-driven platform.
The CEO and Co-Founder of FLock.io, Jiahao Sun, expressed his excitement regarding this milestone: “With the power of Base, we’re giving builders, users, anyone, the tools to create and collaborate on privacy-first AI models. And the FLOCK token is what ties it all together to make this ecosystem thrive.”
FLock.io’s mainnet launch follows a multi-year effort to build a decentralized platform that prioritizes data ownership while providing a secure environment for AI model development.
This significant achievement has not gone unnoticed, as FLock.io has secured substantial investments. The startup raised a $6 million seed round in March 2024 and launched an incentivized testnet on Base Sepolia in May 2024. Furthermore, the project secured strategic funding in December 2024, led by DCG.
Throughout its growth journey, FLock.io has consistently demonstrated significant traction with nearly 20,000 AI models created to date, supported by over 600 training nodes, 1,000 validators, 63,000 delegators, and 700,000 end users. The platform offers a suite of innovative products including AI Arena, FL Alliance, and the AI Marketplace.
Innovative features on the FLock.io platform include AI Arena, which fosters competitive AI development environments; FL Alliance, a collaborative federation learning platform; and an AI Marketplace for seamless interaction with trained models.
FLock.io is committed to fostering community engagement through on-chain rewards, ensuring transparency and promoting active participation. Since its inception in 2022, FLock.io has made substantial progress, processing over 2.5 million model validation submissions while maintaining a strong network of partners like Morpheus, IOnet, and Aptos.
FLock.io’s groundbreaking approach to AI infrastructure is rooted in the notion that data privacy should be the top priority, shifting from dependence on central systems and empowering its global user base.
The mainnet launch and TGE represent a crucial turning point for FLock.io as it enters its next phase of privacy-focused, community-driven AI development.
Source: crypto-economy.com
