Asia’s Largest Decentralized AI Ecosystem Achieves Massive Success with Runo NFT Drops
AI Network, the largest decentralized AI ecosystem in Asia, has achieved three consecutive sellouts of its recent Runo NFT drops in less than three minutes. These NFTs allow holders to contribute GPU resources to AI Network’s decentralized AI ecosystem and earn daily AIN token rewards. The overwhelming response to these drops highlights the growing interest in decentralization and AI Network’s commitment to making AI accessible to all.
Collaborations with TUNiB and VIIM Drive Innovation
The most recent sellout was a collaboration between Runo NFT and conversational AI startup TUNiB. Buyers of Runo NFTs will provide GPU resources to help TUNiB enhance their pre-trained language models and improve chatbot quality. In a previous drop, Runo NFT collaborated with digital fashion community VIIM to develop and enhance fashion AI models for an enhanced digital fashion experience.
“We are thrilled at the overwhelming response to our Runo NFTs,” said Minhyun Kim, CEO at AI Network. “It signifies the beginnings of a shift towards a decentralized ecosystem that empowers everyone to participate in the democratization of AI.”
A Revolutionary Approach to Decentralized AI Development
AI Network, founded in 2018, aims to prevent over-centralization in the AI industry. The success of the Runo NFT drops validates their approach of incentivizing individuals to share their underutilized GPU resources. This creates a global GPU network that can meet the needs of developers while remaining open and affordable.
Upcoming Drop with GoodGang Labs and Future Collaborations
The next approved Runo NFT drop is in collaboration with GoodGang Labs, a Web3 communication platform for metaverse-based avatars. It will take place on December 1st. Other potential collaborations are being reviewed by the AI Network DAO, and projects interested in contributing GPU resources or supporting the ecosystem can submit proposals directly to the DAO.
About AI Network
AI Network is a decentralized AI development ecosystem that utilizes blockchain technology. It allows resource providers to earn AIN tokens for sharing their GPUs, enables developers to access GPUs for open-source AI programs, and empowers creators to transform their AI creations into AINFTs. The ultimate goal is to bring AI to Web3 and make it accessible for everyone.
In 2022, AI Network launched Uncommon Gallery, an offline NFT gallery that aims to make Web3 more accessible. Selected AINFTs are currently exhibited there. In August 2023, Common Computer, the parent company of AI Network, raised a total of $19 million in funding.
Hot Take: Decentralized AI for All
AI Network’s success with its Runo NFT drops demonstrates the increasing interest in decentralized AI and the democratization of this technology. By incentivizing individuals to share their GPU resources, AI Network is creating a global network that can meet the needs of developers while remaining open and affordable. With upcoming collaborations and continuous innovation, AI Network is paving the way for a future where AI is accessible to everyone in the Web3 space.