@spark has stirred up a wave of excitement at @cookiedotfun, which is nearing its end. The third project @OpenledgerHQ is coming, ensuring data transparency, fair returns for contributors, and low-cost computing, dedicated to building a decentralized AI data blockchain. The $350k $OPEN is a clear reward, hurry and get on board!
[What is OpenLedger?]
OpenLedger directly addresses pain points in AI development: data opacity, unfair returns, and high costs. Its Proof of Attribution uses blockchain to record data, model, and computing power contributions, ensuring transparency and fairness. Datanets collects high-quality datasets (e.g., Data Intelligence focuses on internet data); Payable AI Models tokenize models into tradable assets; Initial AI Offering (IAO) opens a new crowdfunding model for AI. Relying on OP Stack (Optimism L2 low fees) and EigenLayer (TVL over $20 billion), it combines scalability and security.
[Why is it worth looking forward to?]
1. Data Transparency: In contrast to Scale AI's centralized black box, OpenLedger's blockchain attribution ensures data traceability, adapting to regulations like the EU (AI Act).
2. Innovative Financing: IAO and Payable AI Models outperform The Graph's general indexing or Streamr's data streams, unlocking new financing paths for developers.
3. Low Barrier to Entry Development: Model Factory and Open LoRA simplify AI model development, with fine-tuning costs far below cloud computing.
4. DePIN Advantages: Users running nodes contribute computing power/data, reducing costs and earning $OPN, disrupting AWS's high-price model.
5. Community Driven: Testnet point system (8 Tier levels), +200 points for signing in for 7 consecutive days, +400 points for 14 days, points are expected to be redeemable for $OPN.
[Financing and Endorsement]
In July 2024, OpenLedger secured $8 million in seed round funding, led by Polychain Capital and Borderless Capital, with investors including EigenLabs founder Sreeram Kannan, Balaji Srinivasan, and Polygon co-founder Sandeep Nailwal. Partners include Sony, Walmart, Polygon, Hedera, and Flow (Dapper Labs), with unlimited potential.
[How to participate?]
Epoch 2 testnet is in full swing, with generous rewards for Snaps activities! Participation method:
1. Run Nodes: Access testnet.openledger.xyz, log in with Google/social accounts, install Chrome extension or Android app, run up to 10 nodes (scoring every 30 seconds). Stay online to double your points!
2. Daily Check-in: Click 'Claim Daily' on the testnet dashboard to receive 50 points, +200 points for signing in for 7 consecutive days, +400 points for 14 days.
3. Social Tasks: Follow @OpenledgerHQ, publish original content (project analysis, node experience), use #OpenLedger #CookieSnaps tags, participate in 'Engage to Earn' to earn points. Retweet/comment on official posts for extra points!
4. Invite Friends: Use referral links to invite others to run nodes and earn extra points.
5. Data Contribution: Whitelist users for Epoch 1 can submit datasets (high rewards), follow Discord for open quota.
Act quickly: $OPEN and $COOKIE rewards are being distributed rapidly! Running nodes is zero-cost (only requires Chrome extension/mobile), daily tasks take 5-10 minutes, suitable for long-term operation. Points may be redeemable for $OPN tokens (ratio to be determined), enhancing Tier level (1-8) increases airdrop shares. Don't miss out on the potential blockbuster of AI + DePIN!
