You should know about Neura – Ankr’s AI-Focused Layer 1 Blockchain
Web3 infrastructure provider Ankr has introduced Neura, an AI-centric Layer 1 blockchain, on public testnet. Neura allows developers to create decentralized applications that combine AI, cloud computing, and blockchain technology. Designed to assist AI startups with challenges such as funding, GPU resources, and efficient data storage, Neura aims to revolutionize the industry.
Features of Neura
Neura is built on the Cosmos SDK and is compatible with the Ethereum Virtual Machine. It handles AI model data by integrating with off-chain storage solutions like Celestia, EigenLayer, IPFS, and Arweave. Additionally, Neura ensures security by leveraging the Bitcoin network through an integration with the Bitcoin staking protocol Babylon.
- Neura facilitates the building of decentralized AI models and apps on the blockchain through its features like on-demand decentralized GPU marketplace, Initial Model Offering fundraising framework, decentralized storage system for AI data, and smart contracts controlling AI access, assets, and actions.
- Token standards like ERC-404 and ERC-7641 are implemented in Neura to enable fractional ownership and transparent revenue sharing, making it easier for projects to conduct “Initial Model Offering” token sales via crowdsourced capital raises.
The Competition and Rewards
As part of its “Road to Mainnet” initiative, Ankr has announced an “AI innovators competition.” Selected projects will share $100,000 in ANKR token grants. This competition aims to encourage developers and AI researchers to leverage Neura’s capabilities to build groundbreaking projects in the field.
- The ANKR token will serve as Neura’s native cryptocurrency and will incorporate a rewards system for ANKR holders before the anticipated mainnet launch later this year. This allows token holders to engage with and invest in developments on Neura.
Industry Impact
Ankr is part of a growing trend of projects that are exploring the integration of AI and crypto to drive innovation in various sectors.
- In January, imgnAI secured a $1.6 million seed round to support the launch of their “digital companion.”
- Bagel Network, a decentralized data platform supporting machine learning models, raised $3.1 million in a recent pre-seed round.
Hot Take: Embrace the Future with Neura
With the launch of Neura, Ankr is setting the stage for a new era of AI-focused blockchain technology. By combining the power of AI, cloud computing, and blockchain, Neura opens up exciting possibilities for developers and AI startups. Be part of the innovation wave by exploring the potential of Neura and its transformative impact on the industry.
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