OpenLedger (OPEN) - The AI Blockchain Platform (Current Focus)
The most recent and active project is OpenLedger ($OPEN), which is:
Core Focus: A Layer 2 blockchain platform specifically designed to decentralize and monetize Artificial Intelligence (AI) development.
Mechanism: It aims to transparently reward data contributors, model builders, and users for their work. It uses a concept called "Proof of Attribution" to ensure every contribution to an AI model is recorded on-chain and fairly compensated.
Technology: It's an EVM-compatible Layer 2 solution built using the OP Stack and EigenDA for data availability, which allows for scalability and low transaction fees while settling on the Ethereum network.
Ecosystem: Key components include Datanets (decentralized networks for crowdsourcing specialized datasets) and ModelFactory (an interface for creating and training AI models). #OpenLedger @OpenLedger $OPEN