NeurochainAI launches $NCN token ahead of node staking

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London, UK, August 9, 2024, Chainwire

NeurochainAI, the decentralized AI-as-a-Service (DeAIAS) network, launched its Token Generation Event (TGE) today, and the $NCN token will be available for trading starting at 12:00 UTC on two centralized exchanges, Gate.io and WhiteBIT, with additional CEX exchanges to be announced in the near future.

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With over 150,000 users on board and over 80,000 wallets connected to the platform, NeurochainAI is quickly establishing itself as a leader in the DeAIAS space, which also includes the reliable DePIN for AI inference. To further improve the user experience and accessibility, NeurochainAI has launched the beta version of its AI inference mobile app. The beta app is already being tested by over 3,000 users in 183 countries, reflecting the global demand and expectations for NeurochainAI’s creative solutions.

TGE marks the official launch of NeurochainAI’s $NCN token, and the project has committed to a fair launch strategy through direct listing on centralized exchanges (CEX), ensuring equal access and better conditions for all. As part of the strategy, the community also has the opportunity to earn NCN by combining GPUs and participating in data tasks over time.

With a forceful reputation in the industry and over 10 million users, Gate.io boasts a daily trading volume of over $12 billion. WhiteBIT stands out as a top choice for cryptocurrency enthusiasts with impressive trading volumes and over 4 million users from 150 countries.

The token launch will be immediately followed by the introduction of node staking, an initiative aimed at supporting network decentralization with a fair way for validator networks to grow. This approach reflects industry best practices, providing transparency with rewards known in advance, decentralization as the same stake applies to all nodes, and a fair chance for everyone to participate on a first-come, first-served basis.

“We are focused on creating TGEs and staking nodes that put fairness and transparency at the forefront,” said Julius Serenas, CEO of NeurochainAI. “Our fair launch approach ensures that all participants can participate in the NeurochainAI ecosystem, promoting network decentralization and community-driven development in the AI-as-a-Service space.”

Running Neuron Validator not only contributes to the decentralization of the ecosystem, but also rewards participants with a daily $NCN compensation, which requires an investment of a fixed amount of native coins to become a validator. 40% of the $NCN supply will be allocated to Neuron Validator NFT tokens, and a detailed rights plan is designed to encourage long-term commitment.

To learn more about NeurochainAI node staking capabilities and how to become a Neuron Validator, check out the guide here.

About NeurochainAI

NeurochainAI is a decentralized AI-as-a-Service (DeAIAS) network that streamlines the process of building, running, and consuming AI-based decentralized applications (dApps). The network provides a ready-to-use AI infrastructure and enables developers to build AI dApps up to 24x faster and 5x more cost-effectively than time-honored methods. The platform is focused on advancing the field of AI application development, offering unparalleled ease of operate and affordability.

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ContactCOOOdette Iseviciuteodeta@neurochain.ai

This article was originally published on Chainwire

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