FLock.io Announces Mainnet Launch and Token Generation Event on Base – Decrypt
In a transformative move within the AI training landscape, FLock.io, the renowned private AI development platform, has officially announced the launch of its mainnet on Base. This pivotal development pairs with the Token Generation Event (TGE) for the platform’s native FLOCK token, designed to power the FLock.io ecosystem by promoting and rewarding community engagement.
With its debut slated for Bybit, the FLOCK token is set to excite and empower participants of the incentivized testnet with an airdrop at the TGE. FLock.io users have the unique opportunity to earn FLOCK tokens by participating in decentralized AI training available via the platform’s portal, train.flock.io. Within this thriving ecosystem, the tokens will facilitate collaboration among data providers, training nodes, and compute providers.
Marking the culmination of substantial efforts spanning several years, the launch of this mainnet represents a significant milestone for FLock.io. Structured with a vision of decentralization and community governance, the platform prioritizes privacy and security in AI model development. Since its inception in 2022, FLock.io has marked substantial achievements, securing a $6 million seed round in March 2024 and debuting an incentivized testnet on Base Sepolia in May 2024. These strategic moves led to a significant funding round in December 2024, spearheaded by DCG.
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Amassing substantial engagement, FLock.io’s platform has seen the creation of nearly 20,000 AI models to date. This vibrant ecosystem is further bolstered by the presence of over 600 training nodes, 1,000 validators, 63,000 delegators, and a user base of 700,000 individuals employing trained models. Featuring signature products like AI Arena, an AI development battleground; FL Alliance, fostering federated learning collaborations; and the AI Marketplace, enabling seamless interaction and deployment of AI models, FLock.io continues to be a leader in AI innovation.
Committed to data ownership, FLock.io’s platform facilitates community involvement through on-chain rewards, promoting comprehensive transparency and engagement. With an impressive repertoire of over 30 advanced models, FLock.io has rigorously processed over 2.5 million submissions for models and validations. Partnering with industry leaders such as Morpheus, IOnet, and Aptos, FLock.io reinforces its pivotal role in AI advancements.
Distinguished as the sole AI infrastructure project to earn the Ethereum Foundation Academic Grant in 2024, FLock.io champions a paradigm shift towards privacy-centric and community-directed AI development. This initiative aims to decrease reliance on centralized systems, significantly empowering its diverse, global network of users. The mainnet’s launch, alongside the TGE, heralds an exciting new chapter of privacy-oriented, community-driven AI evolution on Base.
Investors and participants can access the FLOCK tokens now available on the Bybit and CoinGecko exchanges. For more insights and details, interested parties are encouraged to explore the platform at flock.io.
About FLock.io
FLock.io stands as a trailblazing community-driven platform that facilitates the development of private, on-chain AI models. By seamlessly integrating federated learning with blockchain technology, it offers a secure and collaborative training ground for model development, with pronounced emphasis on data privacy and transparency. Enabling a spectrum of participants such as data providers, task creators, and AI developers, it fosters engagement through its native FLOCK token, driving forward its mission of innovative AI advancement. For further engagement, users can visit FLock.io.
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