AIN PriceAIN

What Is AI Network?

AI Network is a decentralized backend infrastructure that transforms open-source projects into live services, particularly focusing on artificial intelligence (AI) programs. This platform is designed to facilitate the creation and deployment of decentralized applications (dApps) by leveraging blockchain technology. AI Network operates as a global ecosystem where developers, researchers, and creators can collaborate in real-time to build AI solutions on a scalable, decentralized infrastructure. The platform’s primary goal is to drive innovation in the AI space by providing the necessary tools and resources to create AI-driven dApps without the traditional constraints of centralized systems.

The architecture of AI Network is inspired by the concept of a world computer, similar to Ethereum’s vision. However, AI Network differentiates itself by addressing the scalability limitations commonly associated with smart contracts and blockchain-based computation. By decoupling computation from the blockchain and utilizing a serverless architecture, AI Network aims to handle large-scale operations efficiently, making it a practical solution for developers looking to deploy AI applications at scale.

How AI Network Works

AI Network operates on a unique blockchain architecture specifically designed for serverless computing. Traditional blockchains like Ethereum, while secure and immutable, struggle with scalability due to their stateful nature and the requirement for all nodes to verify code execution. AI Network overcomes these challenges by adopting a stateless, permissioned architecture that allows for concurrent operations. This approach enables the network to process millions of transactions per second, significantly enhancing its scalability compared to conventional blockchains.

The platform’s core functionality is built around the concept of Function as a Service (FaaS). This allows developers to deploy application functionalities without the complexity of managing the underlying infrastructure. Unlike traditional cloud services, where functions can be modified or stopped as needed, the functions deployed on AI Network’s blockchain are managed permanently. Moreover, AI Network supports a variety of programming languages and runtime environments, offering greater flexibility for developers compared to Ethereum, which primarily supports Solidity.

AI Network’s blockchain serves as a lightweight communication channel, while the actual computation happens off-chain in Secure Runtime Environments (SREs). This design enables the network to support a wide range of applications, from AI-driven dApps to decentralized storage solutions. The integration of blockchain with serverless architecture provides a secure, scalable, and cost-effective platform for building AI applications, making it an attractive option for developers and enterprises alike.

What Is AIN Token Used For?

The AIN token is the native cryptocurrency of the AI Network ecosystem and plays a central role in its tokenomics. Primarily, AIN tokens are used to access decentralized computing power on the network. Resource providers, such as GPU owners, offer their computational resources in exchange for AIN tokens. These tokens are then used by applications on the AI Network, including dApps, AI models, and NFT projects, to utilize computing power and blockchain services.

In addition to powering decentralized applications, AIN tokens are integral to the ecosystem’s governance and reward mechanisms. Within the AIN DAO (Decentralized Autonomous Organization), AIN tokens allow holders to participate in decision-making processes, propose new initiatives, and vote on governance matters. Furthermore, AIN tokens are often paired with project-specific tokens in the network’s NFT projects, facilitating reward distribution and promoting the growth of the overall ecosystem.

AIN has a total supply of 700 million tokens.

How to Buy AI Network (AIN)

Consider investing in AI Network (AIN)? It only takes 2 minutes to create an account on Bitget and start trading AI Network.