Openfabric AI (OFN) is the native cryptocurrency of the Openfabric AI platform, designed to simplify the development and deployment of AI applications by leveraging blockchain technology. As a BEP-20 token on the BNB Chain, OFN serves multiple functions within the ecosystem, including paying transaction fees, staking to support network consensus, and participating in governance decisions.
The total supply of OFN tokens is capped at 500 million, with approximately 126.5 million tokens currently in circulation. The token is available for trading on various platforms, including MEXC, PancakeSwap V3 (BSC), and KuCoin.
The Openfabric AI platform aims to lower the barriers to AI adoption by providing a decentralized infrastructure that facilitates collaboration among service consumers, AI innovators, data providers, and infrastructure providers. This collaborative ecosystem is designed to promote fair market competition and scalability in AI application deployment.
Please note that cryptocurrency investments carry risks due to market volatility. It's advisable to conduct thorough research and consider your financial situation before investing.