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FLock.io Announces Mainnet Launch and Token Generation Event on Base
London, UK – December 31st, 2024 – FLock.io, the pioneering private AI training platform, has officially launched its mainnet on Base. This groundbreaking achievement coincides with a significant milestone in the form of a Token Generation Event (TGE) for its native token, FLOCK.
The newly minted FLOCK token will serve as the utility token for the FLock ecosystem, incentivizing and rewarding community participation. The announcement is expected to create a stir within the crypto-ecosystem, given the immense potential it holds in revolutionizing AI development through decentralized collaboration.
As part of this revolutionary endeavor, FLock.io has made its native token available on Bybit and CoinGecko exchanges. This unprecedented accessibility enables participants in the incentivized testnet to receive an airdrop of tokens during today’s TGE.
The FLOCK token will play a pivotal role in fostering collaboration within the FLock ecosystem by empowering data providers, training nodes, and compute providers. This decentralized infrastructure allows users to engage in AI model development, ensuring transparency and privacy.
Jiahao Sun, CEO and Co-Founder at FLock.io, has expressed his excitement regarding this significant milestone: “The mainnet launch and TGE are huge steps forward for FLock.io,” he said. “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 marks a major achievement in the company’s mission to democratize AI development while prioritizing data security and transparency. Since its inception in 2022, FLock.io has garnered significant attention by raising a $6 million seed round in March 2024 and successfully launching an incentivized testnet on Base Sepolia in May 2024.
The strategic funding received from DCG in December 2024 underscores the immense potential of FLock’s vision. With nearly 20,000 AI models created to date, over 600 training nodes, 1,000 compute providers, and a diverse array of data sources, FLock.io is poised to disrupt traditional AI development practices.
As the company embarks on this next phase, it is crucial to recognize its unwavering commitment to fostering an inclusive environment for both novice and seasoned AI enthusiasts. By making private AI model training accessible to the masses, FLock.io has created a platform that transcends geographical boundaries, opening doors for untold opportunities in various sectors.
For further information about this groundbreaking achievement or to explore the limitless potential of FLock.io’s ecosystem, please visit their official website at [website URL].
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Source: www.crypto-news.net
