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FLock.io Announces Mainnet Launch and Token Generation Event on Base
In a significant milestone, FLock.io has announced the official launch of its mainnet on Base. This major announcement coincides with the Token Generation Event (TGE) for its native token, FLOCK, which will function as the utility token of the FLock ecosystem by incentivizing and rewarding community participation.
The TGE marks a crucial moment in FLock.io’s journey, as it offers participants in the incentivized testnet an airdrop of tokens. By engaging with decentralized AI training through the platform accessible via train.flock.io, users can earn FLOCK tokens. These tokens will play a vital role in enabling collaboration among data providers, training nodes, and compute providers within FLock.io’s ecosystem.
The launch of the mainnet represents the culmination of years of effort to create a decentralized, community-governed AI platform that prioritizes privacy and security in model development. Since its inception in 2022, FLock.io has garnered significant attention with a $6 million seed round secured in March 2024 and the successful launch of an incentivized testnet on Base Sepolia in May 2024.
FLock.io’s progress attracted substantial investment, as it secured a strategic funding round in December 2024 led by DCG. The platform has gained significant traction, with nearly 20,000 AI models created to date. The ecosystem is supported by over 600 training nodes, 1,000 validators, 63,000 delegators, and 700,000 end-users of models.
FLock.io’s products include AI Arena, a competitive AI model development environment; Morpheus, IOnet, and Aptos have partnered with the platform to advance AI innovation.
As the only AI infrastructure project to receive the Ethereum Foundation Academic Grant in 2024, FLock.io is spearheading a shift toward privacy-preserving, community-driven AI development. By reducing dependence on centralized systems and empowering its global network of users, the company represents a paradigmatic change in the AI industry.
Following this major milestone, FLOCK tokens are now available for trading on Bybit and CoinGecko exchanges. For more information about FLock.io’s mission to revolutionize the AI landscape, readers can visit flock.io.
About FLock.io
FLock.io is a community-driven platform that enables the creation of private, on-chain AI models. By integrating federated learning with blockchain technology, FLock.io provides a secure and collaborative environment for model training, ensuring data privacy and transparency. The ecosystem supports a diverse range of participants, including data providers, task creators, and AI developers, incentivizing engagement through its native FLOCK token.
For more information on FLock.io’s innovative approach to AI development, readers can visit their official website at flock.io.
Source: cryptopotato.com
