NeurochainAI Launches $NCN Token Ahead of Node Staking

London, United Kingdom, August 9th, 2024

NeurochainAI, a decentralized AI-as-a-Service (DeAIAS) network, has officially launched its Token Generation Event (TGE) today, with its $NCN token becoming available for trading at 12 PM UTC on two centralized exchanges, with more listings on the way.

The platform has rapidly gained traction, attracting over 150,000 users and connecting more than 80,000 wallets. By establishing itself as a leader in the DeAIAS field, which includes a robust decentralized physical infrastructure (DePIN) for AI Inference, NeurochainAI is committed to enhancing user experience. Recently, the network released a beta version of its mobile app for AI inference, which is currently being tested by over 3,000 users in 183 countries, highlighting the global interest in its innovative solutions.

With the TGE, NeurochainAI is launching its $NCN token through a fair launch strategy by offering it directly on centralized exchanges, ensuring equal access and advantageous terms for all. Additionally, the community can earn $NCN tokens by connecting GPUs and engaging in data tasks for extended periods.

Gate.io, known for its strong industry reputation, serves over 10 million users with a daily trading volume exceeding $12 billion. Meanwhile, WhiteBIT is recognized for its high trading volumes and boasts over 4 million users across 150 countries.

Following the token launch, NeurochainAI will introduce node staking, designed to promote network decentralization and develop a validator network. This initiative adheres to industry best practices, ensuring transparency with predetermined rewards, equal stake requirements for all nodes, and an equitable first-come, first-served participation model.

CEO Julius Serenas expressed, “We’re focused on creating a TGE and node staking that makes fairness and transparency a central goal. Our fair launch approach ensures all participants have the opportunity to partake in the NeurochainAI ecosystem, promoting network decentralization and community-driven growth in the AI-as-a-Service space."

Participants operating a Neuron Validator will not only contribute to the ecosystem’s decentralization but also receive daily compensation in $NCN. To become a validator, a stable amount of native coins must be staked, with 40% of the $NCN supply allocated to Neuron Validator NFTs, accompanied by a structured vesting plan to encourage long-term participation.

About NeurochainAI

NeurochainAI is a decentralized AI-as-a-Service (DeAIAS) network that simplifies the process of developing, launching, and utilizing AI-powered decentralized applications (dApps). The platform provides a ready-to-use AI infrastructure, allowing developers to create AI dApps up to 24 times faster and five times more cost-effectively than conventional methods. NeurochainAI is dedicated to advancing AI application development, focusing on ease of use and affordability for developers.

Contact:
Odeta Iseviciute
Chief Operating Officer
[email protected]