Rolling the ball: $NCN TGE announcement
Finally, after a lot of waiting, even more teasing and an incredible amount of growth the past few months we are finally announcing the $NCN TGE Date! We spent a lot of time working and fine-tuning what’s already a revolutionary approach to AI deployment and development - and it’s obvious the concept holds water.
The community is a vital component of our ecosystem. Launching $NCN is essential for fostering growth and innovation. By introducing $NCN to the market, we can seamlessly onboard customers to our AI services and reward AI miners, enabling them to expand their efforts and contribute more effectively. This will drive the continuous growth and success of our network.
This officially happens on August 9th at the $NCN TGE!
Join us today as we explain how this event will determine not only the future and success of NeurochainAI but also that of the wider crypto and AI community.
Fair Launch Approach
We are committed to be transparent, welcoming, and spreading equality of access in Web3, that's why we are choosing a fair launch approach for our TGE.
What Is a Fair Launch?
A fair launch is a type of TGE that gives everyone the same opportunity to participate from the start. There are no private sales or insider advantages—just a level playing field for all. By using a fair launch process for the $NCN TGE, we ensure that every member has an equal stake and voice in our project's success.
Earning NCN Before the TGE
Due to our continuous commitment to placing the community at the center of what we do and the fair launch approach - we kicked off multiple initiatives for the community to earn NCN credits that would be converted 1:1 on the TGE to $NCN. Here’s how you can get involved and earn before the launch:
- Connect GPUs: Start AI mining and earn rewards. Early participants get doubled rewards for the first 128 GPUs that process 200 AI messages.
- Mobile Waitlist: Sign up for early access to our app and earn a 50 $NCN reward. Early testers receive boosted rewards based on the waitlist size.
- Data Collection Tasks: Participate in training AI bots and get rewarded.
- Neuro Points: Engage with the community, earn points, and exchange them for rewards like NFTs and whitelist access.
- Tier 5 NFT: Buy on OpenSea for a special airdrop of 1,500,000 $NCN.
- Galxe Campaign: Collect Neuro Points, mint Tier 0 NFTs for free, and boost your chances to get Tier 1 NFTs with airdrops.
The majority of these opportunities are ongoing, so you still have time to pack a bag of NCN before TGE!
The TGE is Yet Another Milestone Among Many Other Achievements
Building the MVP
We’ve successfully developed a Minimum Viable Product (MVP) that we're truly proud of. NeurochainAI MVP allows our community to connect GPUs and participate in data tasks, while developers can leverage our decentralized network to deploy AI models and build cutting-edge solutions.
Developer System Creation and Growth
We’re excited to report that more than 30 developers and small-to-medium-sized businesses (SMBs) are actively working on AI solutions. These innovations, once completed, will operate on NeurochainAI’s decentralized infrastructure, which is powered by our community.
Preparing for the TGE
Our TGE is just around the corner, and it represents a major milestone in our journey. Due to our solid MVP, a growing network of developers and contributors, and a well-seasoned team we're well-positioned and confident to take this next big step.
Stay tuned for the TGE listing details, which will be announced closer to the date.
TGE and Node Staking
Neuron Validators are a crucial link between NeurochainAI’s native Layer 1 - NCN Chain and NCN AI - Layer 3. Growing a validator node network is necessary for NeurochainAI to take off. We had two ways of approaching it:
- Node sales
- Fair node staking
We opted for the latter approach because it’s been demonstrated to be more transparent and in-line with Web3 values. Since decentralization and democratization are our core values, prioritizing fast growth was simply out of the question.
Node sales can potentially lead to higher profits and quicker results. However, it's important to consider that this process might limit transparency and shift control away from the community.
Node staking, on the other hand, is completely decentralized and provides the community with equal opportunity to participate. Plus, node sales generally inflate the fully diluted value of the token through a tiered system - something that’s impossible with a more decentralized approach.
Timing it together with TGE allows us to capitalize on the exposure and maximize both launches. We’re happy to announce that it is going live on the same date as TGE - August 9th. This means you can spring into action straight away and start contributing to the network - and earn valuable rewards along the way.
How to Participate in Node Staking
- Users who participate in the node staking have to obtain 12,000 $NCN
- Transfer $NCNs to their wallet which is going to be used for NFT
- Stake the coins in the smart contract available on NeurochainAI network.
Node stakers will receive an NFT key. NFTs will be used to identify Neuron Nodes as lite validators on the network and kick in the rewarding process.
Clear rules and guides with official links will be announced closer to the date in an official blog post and on Discord.
Only 10k nodes are available on an FCFS basis opening on TGE. Neuron Node NFT holders will be sharing a 180 million $NCN rewards pool vested each day over 12 months.
When all is said and done, this method of launching is fair, will bolster community and trust, and will eliminate centralized control. More importantly, connecting node staking to the $NCN launch will set our success in stone, eliminating the risk of erratic sell-offs and ensuring longevity.
Why Becoming an Early Validator Matters
Being there in the very beginning is crucial. The value of the rewards can’t be understated, but it goes beyond that - contributing to the project in its early stages is the best way to make certain it grows and reaches its full potential.
The supply of $NCN during TGE will be limited, of course. Considering staking requires a hefty amount of tokens, you may wonder how we managed to sidestep the challenge and guarantee full fairness.
Luckily, we found a perfect strategy where the community can earn $NCN (or at least boost their share) before TGE.
How?
By completing tasks mentioned above such as connecting your GPU, joining the mobile app waitlist, and so on. All the instructions on how to increase your piece of the pie are in this article.
Making History
Getting involved with NeurochainAI at this stage is not just a personal opportunity—it's a chance to be part of a transformative journey in AI. By participating now, you’re helping shape a future where AI is more accessible and inclusive.
Currently, many people find themselves on the sidelines due to high entry barriers. The TGE changes that.
With NeurochainAI, we're breaking down these barriers and creating a space where everyone can contribute and benefit. This initiative promises to redefine AI development by fostering a more equitable and transparent ecosystem.
Mark your calendar: August 9th is when we make history together.