Partnering with Drip to Expand Staking Opportunities

As part of the early growth of the node validator network on NCN Chain, NeurochainAI is releasing a limited supply of Neuron Validator Nodes for early adopters. NCN Chain is using a Proof of Work through Staking consensus mechanism to validate the work done on NCN AI - it's layer 3 through staking on Layer 1 - NCN Chain.

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Neuron Validators are a crucial link between NeurochainAI’s native Layer 1 - NCN Chain and NCN AI - Layer 3 ensuring fair attribution of Layer 3 Proof-of-Work with accurate and verified $NCN rewards issued on Layer 1.

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Upon TGE which is scheduled for 12PM UTC on the 9th of August, NeurochainAI is also kickstarting it’s NCN Chain node validator network growth. A limited number of 10,000 Neuron NFTs will be available on first-come-first-serve basis to anyone who stakes 12,000 $NCN. Neuron NFT holders will be sharing 180M $NCN vested daily for 12 months from launch.

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The initial circulating supply of 86M $NCNs means that there isn’t going to be enough $NCN released at the TGE for all 10,000 Neuron NFTs. 

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As we recognize that not everyone willing may secure a stake directly, we’re partnering with Drip to offer an alternative solution which ensures broader participation and flexibility, 

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This collaboration will allow anyone to seamlessly stake ETH or Stablecoins through Drip’s innovative Earn Pool, whilst being able to withdraw funds at any given moment. NeurochainAI will then reward the stakers with Neuron Node NFTs depending on the duration of staking and the total amount staked.

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The launch of NeurochainAI’s campaign on Drip is planned for later in Q3, 2024. All details will be revealed prior to launch. 

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About Drip 

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Drip is a unique and innovative platform that enables projects with already trading tokens to set up an Earn widget powered by Drip to allow their community convenient and risk-free farming of their token using idle stablecoins or ETH.

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It combines all recent developments of the concept of Launchpools and supercharges them with easy deployment, a smooth UX, superior yield, and more variety.

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How does it work? Users stake stable assets or ETH and receive tokens and airdrops in return. The deposited funds are automatically restaked into blue chip DeFi Protocols and LSTs to generate yield flowing to the Pool Creator’s treasury, which enables the project to offer strong incentives to attract more users, creating a Launchpool flywheel.

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More than 2,000 organic users

• ATH TVL of $25,000,000

• More than $400,000 generated in yield

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About NeurochainAI

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NeurochainAI - L1 + AI L3: DePIN, Data, AI Models

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NeurochainAI is revolutionizing the AI compute market with a consumer-grade hardware DePIN and innovation in AI model optimization to enable the AI-driven digital world. 

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It is tapping into a $1.8T AI market by providing developers and SMBs with all the tools required to efficiently build, deploy, and run AI dApps under one platform: DePIN, Community-powered data collection & validation, Marketplace of quantized AI models, Interoperability tools, dApp Store.

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With the launch and innovation of the first AI “Mining” mobile app, continuous development updates and a super-fast-growing community, there’s no stopping for us.

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Here are some more exciting stats that we reached before the TGE👇

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• +123k members and +66k mainnet wallets and growing fast
• Fully functional MVP is live and is used by developers and community
• +30 AI developers and Web3 companies building on NeurochianAI’s infrastructure
• +50 gaming companies to start using NeurochianAI’s AI dApps
• 3x multi-million dollar Web2 Payday Lenders on track to start using AI Models
• 5x companies in automotive and EdTech have started testing DePIN
• Projected ARR in 2024 - $1.35M
• Top-tier advisors from AWS, Gamestarter, ex-Bitget, ex-OKX, ex-Binance, IBC Group
• $1.5M in funding from key infra partners and promoters including 32 KOLs
• 40+ strategic partners including Reality Metaverse, Gamestarter, Seascape, Ta-Da, Octavia, HashAI, HyperGPT, and many more

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And don’t plan on stopping anytime soon. With the upcoming TGE and NCN Chain validator network launch on the 9th of August, this is just the beginning. More info here.

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