Layer 1 for Artificial Intelligence
A planetary-scale network for building and connecting decentralized AI applications
OpenFabric AI
Openfabric AI is a decentralized Layer 1 AI platform for building and connecting AI applications where we have harnessed the power of blockchain, advanced cryptography, and novel infrastructure to create a new foundation for AI-Apps. In our ecosystem, everyone has quick, easy, low-cost, and hassle-free access to powerful AIs.
Our product is in the private Testnet stage. We are looking to make the solution public in Q1-2023 and plan to launch our token in Q1/Q2-2023.
We managed to run Google-grade AI decentralised (see details here https://openfabric.ai/blog/hyperai-and-the-
power-of-telling-stories).
This achievement is a significant breakthrough since it enables the execution of complex AI algorithms on commodity infrastructure. Our achievement changes the paradigm, allowing everybody to benefit from AI technology beyond the tech Giants' control.
Seed Round Backers:
Big Brain Holdings | GSR | Cogitent Ventures
- Seed – 8% TGE 3 months Cliff 18 months linear vesting $10m
- Private – 8% TGE 3 months Cliff 18 months linear vesting $22m (Our Round)
- Public 50% TGE 10 months linear vesting ($2.5m) Public $30m
Partners:
Valist | Datality | Reef | IPFS | API3 | DeepSquare | UTU | Radom Network | Natix | DataUnion | DigiFinex | IllumishareSrg | Caduceus | API3 | Reef | zkSync
Integrations:
Algorand | Harmony | Avalanche | Polygon | Chainlink | API3 | Reef | zkSync (in progress)
Algorand | Harmony | Avalanche | Polygon | Chainlink | API3 | Reef | zkSync (in progress)
Initial Marketcap: $800 – $840k
Our private round:
8% TGE 3 months Cliff 18 months linear vesting
8% TGE 3 months Cliff 18 months linear vesting
Minimum target: $50,000,000 marketcap (60x) – With AI hype this could really well-.
Min: $1000 / No Max
12% Fee
(PRIVATE ROUND HAS HUGE COMMITMENTS FROM BIG INVESTORS, THEY HAVE BEEN PRIVATELY MESSAGED AS WE DO NOT WANT TO DISCLOSE THIS DEAL ANYWHERE OR THEM OUTSIDE THE GROUP)
