London, UK, 31 December 2024, Chainwire
FLock.io, a private AI training platform, has announced the official launch of its mainnet. This launch coincides with a token generation event (TGE) for its native token, FLOCK, which will serve as a utility token of the FLock ecosystem by encouraging and rewarding community participation.
The FLOCK token will debut on Bybit, offering participants in the incentivized testnet a token release at today’s TGE. Users have the opportunity to earn FLOCK by engaging in decentralized AI training through the platform, which can be accessed via train.flock.io. These tokens will play a role in enabling collaboration between data providers, training nodes and computing service providers within the FLock.io ecosystem.
“The launch of the mainnet and TGE are big steps forward for FLock.io,” said Jiahao Sun, CEO and co-founder of FLock.io. “With the power of Base, we’re giving builders, users, anyone, the tools to create and collaborate on privacy-first AI models. And the FLOCK token is what ties it all together to make this ecosystem thrive.”
The launch of the mainnet is the culmination of a multi-year effort to build a decentralized, community-driven AI platform that prioritizes privacy and security in model development. Since its inception in 2022, FLock.io raised a seed round of $6 million in March 2024 and launched an incentivized testnet based on Sepolio in May 2024. This progress has attracted significant investment, and FLock.io has secured a strategic round of funding in in December 2024 headed by DCG.
The FLock.io platform has grown in popularity, with nearly 20,000 AI models created to date, with an ecosystem supported by more than 600 training nodes, 1,000 validators, 63,000 delegates, and 700,000 model end users. The platform’s products include AI Arena, a competitive AI development environment; FL Alliance, a federal platform for collaborative learning; and the AI Marketplace, which allows users to interact with trained models and deploy them.
The FLock.io platform ensures data ownership while facilitating community engagement through on-chain rewards to promote transparency and active participation. With more than 30 advanced models, FLock.io has processed over 2.5 million model and validation submissions. FLock.io’s business partners include Morpheus, IOnet and Aptos.
As the only AI infrastructure project to receive Foundation Academic Support in 2024, FLock.io represents a shift toward community-driven AI development that preserves privacy, reduces dependence on centralized systems, and empowers its global network of users. The launch of the mainnet and TGE pave the way for FLock.io’s next phase of privacy-focused, community-driven AI development on Base.
Users can now find FLOCK on Bybit and CoinGecko exchanges. To learn more, users can visit flock.io.
About FLock.io
FLock.io is a community-driven platform that facilitates the creation of private on-chain AI models. Combining federated learning with blockchain technology, FLock.io offers a secure and collaborative environment for training models, ensuring data privacy and transparency. FLock.io’s ecosystem supports a diverse range of participants, including data providers, task creators, and AI developers, encouraging engagement through the FLOCK native token. Users can learn more at FLock.io.
ContactFLock.iopress@hype.partneri
