NeurochainAI Launches TGE in Build Up to Node Staking

London, United Kingdom, July 30th, 2024, Chainwire

NeurochainAI, a decentralized AI-as-a-Service (DeAIAS) network, announced its Token Generation Event (TGE) to commence on August 9th in a leadup to its node staking program.

This event marks the official launch of NeurochainAI’s $NCN token, with the project committed to a fair launch strategy by listing directly on centralized exchanges (CEXs), the names of which will be shared publicly in the coming days, ensuring equal access and better terms for everyone. As a part of the strategy, the community also has the opportunity to earn NCN by connecting GPUs and participating in data tasks for extended periods of time.

The launch will be immediately followed by the introduction of node staking, an initiative aimed at fostering network decentralization with a fair way to grow a validator network. The approach mirrors industry best practices, ensuring transparency with rewards known upfront, decentralization as the same stake applies to all nodes, and a fair chance for all to participate on a first come, first serve basis.

“We're focused on fostering a truly decentralized ecosystem, demonstrated by our TGE and node staking, where fairness and transparency are paramount” said Julius Serenas, CEO of NeurochainAI. “Our approach ensures all participants have equal opportunity to engage without preferential treatment. This initiative not only promotes network decentralization but also underscores our commitment to community-driven growth in the AI-as-a-Service space."

Operating a Neuron Validator not only contributes to the ecosystem’s decentralization but also rewards participants with daily $NCN compensation, where a stable amount of native coins must be staked to become a validator. 40% of the $NCN supply will be allocated to Neuron Validator NFTs, with a structured vesting plan designed to incentivize long-term engagement.

To learn more about NeurochainAI’s node staking opportunities and becoming a Neuron Validator, visit their guide here.

About NeurochainAI

NeurochainAI is a decentralized AI-as-a-Service (DeAIAS) network that streamlines the process of building, launching, and use of AI-powered decentralized applications (dApps). Providing a ready-to-use AI infrastructure, the network enables developers to create AI dApps up to 24 times faster and 5 times more cost-effectively compared to traditional methods. The platform is focused on advancing the field of AI application development, offering unparalleled ease of use and affordability.