Train.FLock.io Invites Users to Earn Rewards by Staking Tokens
for AI Model Training
LONDON, May 21, 2024
/PRNewswire-PRWeb/ -- FLock.io announces the launch of
train.flock.io, the web app for its decentralized AI
training platform, now available as part of its incentivized beta
program. This platform allows users to earn rewards by staking
tokens to help train and fine-tune AI models.
We're excited to have Foundry onboard,
significantly expanding our decentralized network and
stability. With train.flock.io, we're addressing the growing demand
for custom AI models, empowering communities to create and train
specialized models while ensuring top-notch data protection and
security.
Foundry, a leading node operator in decentralized
AI, is participating in the FLock.io incentivized beta to provide
valuable feedback. "Foundry is excited to participate in the
FLock.io beta, operating both Training and Validator nodes.
FLock.io's focus on decentralizing and democratizing AI aligns
perfectly with Foundry's mission of empowering a
decentralized infrastructure," said Mike Colyer, Foundry CEO. "Our partnership with
FLock.io marks a milestone in Foundry's commitment to advancing
decentralized AI for generations to come."
FLock.io's new web app, train.flock.io, is a significant step
towards decentralized AI training. By integrating
private data with on-chain rewards, FLock.io ensures fair
incentives and encourages open collaboration. The platform
addresses the need for bespoke AI models from Web3 and Web2
projects while keeping data local by training models without
exposing source data. This beta program marks a significant
advancement in traceable contribution and on-chain incentivization
for data owners, model developers, and compute providers. The goal
is to develop specialized models for diverse communities, shaping
the future of AI model training. FLock.io invites the public to
participate in shaping the future of AI by executing tasks within
the platform.
Jiahao Sun, Founder and CEO of
FLock shared, "We're excited to have Foundry onboard, significantly
expanding our decentralized network and stability.
Foundry's strong support and early adoption greatly stimulate the
decentralized AI community. With train.flock.io, we're
addressing the growing demand for custom AI models, empowering
communities to create and train specialized models while ensuring
top-notch data protection and security."
Crypto incentives are central to driving momentum
in open-source, decentralized, and composable AI
development, providing a solution to the financial challenges often
faced by traditional open-source projects. Participants stake $FML,
FLock.io's beta token, to engage in tasks. Developers can choose
between running automated training/validation scripts or creating
bespoke processes for better performance. This staking mechanism
promotes good behavior, rewarding or penalizing users based on
their actions. Blockchain ledger technology ensures the security
and integrity of these processes, and FLock.io researchers recently
highlighted the platform's role in preventing malicious attacks in
a paper published in the IEEE Transactions on Artificial
Intelligence.
Users can engage with the FLock.io network as training nodes,
validators, or delegators. Training nodes handle AI task training
and stake tokens for task eligibility, with FLock.io providing a
training script for a quick start. Validators run validation
scripts to evaluate models submitted by training nodes, ensuring
fair task distribution, with rewards based on FLock.io's on-chain
model consensus. Delegators delegate tokens to validators,
enhancing the validation process and indirectly boosting the
network's efficiency and reward mechanism. Task creation is
currently managed by the FLock.io team but will soon be open to
public participation, allowing users to define desired models.
These participants are coordinated by the on-chain rewards
mechanism to produce a diverse range of AI models needed by
communities, such as AI companions, crypto trading
bots, and a Web3 search engine.
Anyone is invited to visit train.flock.io to begin training
today.
Visit FLock's docs database for a step-by-step guide on how to get
whitelisted to begin training models. For future updates, follow
FLock.io on Twitter.
For media inquiries, please contact Jonathan Duran at (310) 260-7901 or
Jonathan(at)Melrosepr(dot)com
About FLock.io
FLock.io is a community-driven platform facilitating the creation
of on-chain, decentralized AI models. By integrating
federated learning and blockchain technology, FLock ensures
equitable incentives for data contributors and fosters open
collaboration. It also addresses the increasing need for advanced,
bespoke AI models and reduces the risk of data breaches by
providing secure model training without exposing source data.
Media Contact
Jonathan
Duran, Melrose PR, 310-260-7901, jonathan@melrosepr.com,
https://www.melrosepr.com/
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SOURCE FLock.io