NeurochainAI: Sneak Peek

There’s no denying it - AI has had a massive impact on our society. This impact isn’t limited to its disruptive nature in business; it’s also deeply embedded in various aspects of our day-to-day lives.

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Due to the high costs of hardware and monopolization in the hands of a few giant companies, many individuals and businesses are effectively barred from contributing to the advancement of AI.

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That’s where NeurochainAI steps in.

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Find NeurochainAI Featured In:

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CoinTelegraph, Coinmarketcap, Crypto Politan, Cryptodaily, Crypto News, Tradingview, CoinBrit, IB Times, Analytics Insight, BlockchainReporter, CryptoIntelligence, Coinpedia, Bitcoinist, CryptoNews.

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What is NeurochainAI?

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NeurochainAI is enabling the AI-driven digital world.

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It is pioneering the decentralized AI compute market with a consumer-grade hardware DePIN to power the future of the $1.8 trillion AI-driven digital world. Its innovation in AI model quantization paired with consumer-grade hardware GPU DePIN, enables unparalleled scalability and cost-efficiency for businesses and developers to enter the AI revolution.

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Initiated at the end of 2022 by an infrastructure engineer and a PhD in AI as a solution to their own challenges, NeurochainAI combines key components required to efficiently build, deploy, and operate AI solutions from a single platform.

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Under a hud, NeurochainAI connects Layer 1 NCN Chain with AI Layer 3:

GPU DePIN layer for AI compute,
Community-powered data collection and validation layer,
dApp layer including AI model marketplace, AI dApp store, and interoperability tools.

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Democratizing the Future of AI

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At current predictions, AI is estimated to grow to $1.8T market by 2030. There is no doubt that the future of the digital world is going to be powered by AI. From optimizing current systems’ inefficiencies to revolutionary solutions, AI saves costs, minimizes mistakes, optimizes processes, and is capable of automation that does not require human intervention in solving the most complex problems across the majority of industries.

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However, the current state of AI presents major challenges. Late in 2022, the CEO and CTO of NeurochainAI set out to build an AI app for Web3 gaming ecosystem. Their attempt to build AI applications has revealed major challenges with the current state of the AI industry:

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Hardware Infrastructure. The lack of AI-focused infrastructure and the cost of adapted infrastructures causes developers to dedicate more time to infrastructure setup rather than product development, due to challenges in configuration, data management, resource scaling, and pricing.
Data. Acquiring and preprocessing high-quality data for AI algorithms is a significant challenge, involving privacy concerns, data labeling, cleaning, and ensuring representativeness and diversity.
AI Models. AI model training and tuning is a challenging process that demands computational resources and time. Developers usually have to compromise on the models for efficiency and accuracy due to time and budget limitations.
Deployment and Integration. Deploying AI models from development to production is a complex process involving integration, scalability, security, and ongoing performance maintenance challenges.
Custom AI Solutions. While we’ve seen a steep increase in ready-to-use AI solutions, most of them are limited to generating texts, images, voices, and some calculations. Moreover, the majority of them are built on a single company’s private infrastructure and are highly dependent on the policies, pricing, operations, and practices of a single provider. This is not a reliable strategy for the majority of corporations that need custom solutions on a reliable infrastructure.

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Fair Launch Approach

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When it comes to launching our long-awaited $NCN token, transparency and community are our top priorities. That’s why we’re embracing a fair launch approach. We want everyone in our community to have an equal chance to get their share of $NCN.

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Our fair launch strategy ensures that the community holds the majority of tokens and has equal opportunities to acquire project coins from the start. Accumulated community NCNs will convert 1:1 to $NCN coins at TGE at the base cost. This means our community gets a better deal than investors from day one. No public pre-sales, no IDOs, equal opportunities for the community to get $NCN before launch on same or better conditions.

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Contributors & Community

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We believe in a fair launch approach, rewarding our community with $NCNs for active participation. Fair Launch ensures that genuine contributors receive a fair share of tokens by actively engaging with the network from the outset.

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Already, our community has built 1.4 million entries and validated over 44.8 million data points for AI model training through crowdsourcing alone.

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We've already built a community of over 40k on Discord, 105k on X, and more than 70k on Telegram and that’s just the beginning.

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Ways to get involved and earn $NCN:

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Connect GPUs to start mining AI and earn NCN rewards
Sign up to mobile waitlist for a chance to be early adopter with 50 NCN reward
Participate in Data Collection & Validation tasks
Join Neuro Points campaign to exchange points to multiple high worth items
Buy Tier 5 NFT on OpenSea for special high tier Airdrop
Hop on Galxe for a chance to get Tier 1 NFT packed with an Airdrop.
Neuron Validator Nodes coming soon with 180M $NCN in rewards. Stay updated.

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Inherent value of the $NCN token

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The native token of the ecosystem, $NCN is generated through the mining process and awarded to miners for their contribution to the consensus. It is used on the platform as a main currency for processing transactions, covering gas and incentives for using the platform, building and deploying smart contracts and dApps, as well as running applications.

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The supply is capped at 3 billion, preventing inflation and ensuring distribution is predictable. 40% of the total supply is reserved for Ecosystem with 20% allocated solely to the development and growth of the project.

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To ensure interoperability, $NCN can be used with other DeFi solutions through Wrapped ERC20 implementation. This allows users to transfer $NCN across different networks.

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Lastly, it also enables staking and can be used in the AI validator network or as a staked asset in early staking contracts to incentivize new users. For instance, NeurochainAI will offer a limited supply of Neuron Validator Node NFTs for users who stake $12k $NCN to receive one NFT.

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Neuron Validator Nodes

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As part of the early growth of the node validator network on the NCN Chain, we're releasing a limited supply of Neuron Validator Nodes for early adopters.

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Key details of the node staking:

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Limited supply of 10,000 Neuron Validator NFTs open up on TGE on FCFS basis
Getting a Neuron Validator NFT is only possible through staking 12,000 $NCNs
Neuron Validator NFT holders will be sharing 180M $NCN vested daily for 12 months from launch
TGE along with the Node Staking launch is planned for summer 2024 and will be announced closer to the date

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A detailed explanation can be found here.

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Projects Building on Our Infrastructure

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We empower devs and projects to dive into innovative AI use cases, build cutting-edge models, and integrate them seamlessly into our ecosystem. Whether it's crafting gaming characters or deploying security AI bots, we're thrilled to support successful projects.

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Here’s a growing shortlist of projects building AI solutions no NeurochainAI’s infrastructure 👇

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Future Plans

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NeurochainAI is making huge strides and the ecosystem is already being populated - we have over 102k registered users and 54k connected wallets with more than 50 gaming companies using AI dApps.

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The most exciting milestone so far is our mobile app which will launch soon. It will allow users to leverage the processing power in their phones to start mining and contributing to the network. You can join the waiting list for early access.

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For the future, we’re excited about our AI model marketplace that’s currently in development. While our models can run, once this feature launches, the community will be able to share its own models to receive royalties.

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NeurochainAI will also bring out a series of improvements such as gamifying the process of collecting, validating, and labeling data. This will allow developers and businesses to leverage existing elements and tools to create new AI solutions, saving a great deal of resources.

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Plus, the TGE is happenning in Q3 of 2024 and the NCN Chain validator network launch! So stay tuned!

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Tech Roadmap

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Our tech development principle is - to build ➟ open-source ➟ decentralize to ensure the system’s stability, scalability, and readability for a fully community-owned and managed decentralized open-source AI platform.

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This is the only way to ensure that the platform is ready to provide real value to its users and larger community.

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Major milestones achieved:

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☑️ 6x quantized AI models in BETA

☑️ GPU DePIN for AI Inference in BETA

☑️ Community data collection and validation in BETA

☑️ Mainnet LIVE (no token distribution yet)

☑️ Android App for sharing GPUs/NPUs to DePIN in closed BETA

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The next key milestones:

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☐ DePIN for AI model training

☐ AI model deployment with a decentralized immutable model storage network

☐ AI Model and dApp marketplace

☐ SDK launch for continuous developer integrations

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A good portion of the funds collected during node sale will be used to continue developing and scaling the tech stack, adding new and improved features, and decentralizing major components until full decentralization is reached.

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Meet the team behind NeurochainAI

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NeurochainAI has 16 developers, AI specialists, and business and marketing professionals.

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Experience of founding team includes PhD in AI, Barclays, Gamestarter, HCL, Groupon, NY Times, and Antler VC.

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The founding team:

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CEO - Julius Serenas - previously CTO at Gamestarter with 36x return for investors and a solid 15 years of experience in managing worlds-leading banking IT infrastructure at Barclays and HCL Technologies. Managing technical teams and deployment processes. Has deep knowledge in scalable infrastructure and blockchain technology.
CTO - Dr Paulius Tumas - with a widely lauded PhD in video parsing, AI, and BigData. Paulius experience is the backbone of Neurochain AI. Paulius is an acclaimed innovator in BigData and AI solutions, his PhD on video parsing is widely used by scientists and researchers across multiple industries. His expertise lies at the intersection of banking analytics & machine learning.
COO - Odeta Iseviciute - has been building startups across loyalty, FinTech, 3D printing, and e-commerce for the last 9 years. Under her belt, she's raised $5M in funding, managed +$20M marketing budgets, and generated +$67M income for customers.

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In conclusion, NeurochainAI is leading the charge in reshaping the AI landscape, aiming to democratize access and empower developers worldwide. By tackling critical challenges like high infrastructure costs and data quality issues, NeurochainAI is revolutionizing how AI models are developed, validated, and deployed.

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With a decentralized ecosystem driving innovation and community engagement, NeurochainAI isn't just pushing boundaries - it's paving the way for a future where AI solutions are accessible to all.

Source

neurochain.ai

2024-07-23

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