#OpenLedger What is OpenLedger
OpenLedger is a blockchain developed specifically for artificial intelligence (AI) applications.
Its main focus is to solve problems such as transparency, tracking data contributions, fair rewards for those who contribute datasets and models, and allowing these models to be trained, deployed, and utilized in a decentralized manner.
Main Technologies
It is a Layer-2 solution built with the OP Stack (used by Optimism) to ensure scalability.
It uses EigenDA for data availability, which helps reduce on-chain storage costs of transaction data.
Compatible with EVM (Ethereum Virtual Machine), which makes it easier for developers to leverage existing tools in the Ethereum ecosystem.
Tokenomics and use of the OPEN token
Native token: $OPEN. Its utilities include:
Gas / transaction fees on the network.
Rewards for data providers and model creators, based on the level of contribution and usage.
Governance, allowing holders to participate in decisions regarding upgrades, use of the treasury, etc.
Possibility of staking AI agents to ensure good behavior, performance, and security.
Total supply (max supply): 1 billion OPEN tokens.
Current circulation (circulating supply): around 215-220 million OPEN. That is, about ~21-22% of the total.
Market Information📊
Recent price: around US$ 0.85-0.90 per token, with recent declines in the short term.
Market Cap (market capitalization, considering the tokens in circulation): around US$ 180-190 million.
Fully Diluted Valuation (value if all tokens were in circulation): ~ US$ 860-870 million.
@openledger #OpenLedger $OPEN @OpenLedger