What is LayerAI?
LayerAI is a blockchain network designed to facilitate data monetization within AI models. By integrating web2 and web3 technologies with a tokenized economy, LayerAI creates an ecosystem where users can own, control, and profit from their data.
Ecosystem components:
- zkRollup Layer-2 blockchain with PolygonCDK
- LayerVPN functioning as a node
- KyotoX, a DeFi hub for AI projects
- Layer Marketplace for Data Capsule NFTs
- LayerAI App for data transactions and rewards
ZK Layer-2 Network
LayerAI operates on a zero-knowledge (ZK) Layer-2 network, enhancing security, speed, and cost-effectiveness in data transactions.
Advantages:
- Secure data storage with ZK-rollups
- Faster transaction finality
- Lower fees due to data compression
KyotoX DeFi Hub
KyotoX is the DeFi hub within LayerAI, providing decentralized financial services for AI-focused projects.
Key features:
- Decentralized exchange for AI tokens
- Lending market for AI assets
- Launchpad for AI developments
Layer Marketplace
Layer Marketplace enables users to buy, sell, and earn from Data Capsule NFTs, transforming user data into a monetizable asset.
User experience:
- Retail and experienced user paths
- Mobile-friendly design for mainstream adoption
AI2Earn Model
AI2Earn is LayerAI's economic model that rewards users for contributing data, driving a sustainable data economy.
Components:
- LayerVPN for data browsing
- Data Capsule NFTs for rewards
- User control over data monetization
Project Developmene
BrowseWeb3 is LayerAI's first specialized browser, designed as a substitute for Google Chrome or Safari. It offers:
- All essential web3 products integrated into one browser.
- Incentivized browsing through upcoming AI2Earn rewards.
- Enhanced privacy with a native VPN.
- Fewer ads and a more focused experience with built-in ad, cross-site tracking, and cookie blockers.
Check out LayerAI's official X account for more news!
Projects in the Artificial Intelligence Category
Check out other projects in the Artificial Intelligence category:
- OriginTrail: a web3 project combining knowledge graph and blockchain technologies.
- PAAL AI:a blockchain-based ecosystem for custom AI and ML crypto bots.
- Dynex: utility coin for quantum computing on the Dynex Cloud Platform.
LayerAI Price Analysis
As of November 24 2024 LayerAI has a marketcap of $35M.
This is {{percentagefromath}} from its all time high of $0.147463.
In terms of its tokenomics, there's a total supply of 2.9B with 79% currently outstanding.
Keep in mind LayerAI has a fully diluted value of $44M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude