OpenLedger, backed by Polychain Capital and Borderless Capital, is building a blockchain for (artificial intelligence) AI that provides a “decentralized” trust infrastructure for creating specialized language models.
CoinList noted in a blog post that OpenLedger is offering up to “51% of its total token supply to its community, including testnet participants.”
CoinList also mentioned that their incentivized testnet is designed “to leverage unused bandwidth through worker nodes and to create specialized data collections for exclusive models.”
CoinList explained that for the testnet campaign, users will earn reward points based “on the amount of data they provide.”
Points will be converted to OPN tokens “at a later date — conversion rates will be announced closer to TGE.”
Total Allocation for the Community: 51%
CoinList further noted that the Community Allocation “includes rewards for testnet participants, incentives for model builders and validators, grants for developers creating innovative solutions, community events, ambassador programs, block rewards, and strategic partnerships to foster sustainable growth.”
The testnet is expected to run “from Dec 23, 2024 until Feb 22, 2025.”
As clarified in the update shared by CoinList, the timeline is “subject to change at the sole discretion of OpenLedger.”
As stated in a blog post by CoinList, OpenLedger is described as a data blockchain designed to “provide a decentralized trust infrastructure for creating specialized language models.”
By building “highly” specialized models that are tailored to domain-specific applications, OpenLedger reportedly enables AI agents to “deliver precise and context-aware interactions.”
Through targeted datanets as well as direct collaborations with various businesses, it addresses the challenge of “gathering high-quality datasets that accurately represent niche industries.”
In addition to this, its blockchain-based attribution system reportedly ensures fair rewards for data contributors, “fostering transparency, trust, and equitable participation in AI model development.”
As covered, CoinList’s mission is to accelerate the “advancement of blockchain technology.”
They do this by finding the “best” emerging blockchain projects and helping them succeed.
They have become the global firm focused on new token issuance, helping projects like Filecoin, Solana, Celo, Algorand, Dapper, and others “connect with hundreds of thousands of new token holders.”
And they now support the “full” lifecycle of crypto investment, from “token sales through token distribution, trading, lending, and crypto-specific services such as staking and access to decentralized-finance opportunities.”
CoinList users trade and store Bitcoin, Ether, and other crypto assets through their full-service exchange, CoinList Pro, and their buy/sell tool on CoinList.co, while also “getting access to the best new tokens before they list on other exchanges.”
Their customers reportedly include validators, miners, founders, CEOs, “crypto funds, bitcoin OGs, as well as a broad array of crypto enthusiasts.”
