SUNNYVALE, CA – 05/08/2024 – (SeaPRwire) – In a major strategic shift, TOP Network has officially rebranded as TOP AI Network, heralding a new era of AI and blockchain integration. This transformation marks a pivotal moment in the company’s history, as it transitions from a traditional blockchain platform to an innovative AI-native Layer 1 blockchain. The rebranding is a clear indication of TOP AI Network’s commitment to pushing the boundaries of technology and exploring the synergies between artificial intelligence and decentralized networks.
Since its inception in 2018, TOP Network has made significant strides in the blockchain space. The company’s mainnet, launched in 2020, has demonstrated remarkable stability and efficiency, with over 500 nodes distributed across more than 20 countries. The mainnet’s architecture includes four transaction shards and one EVM shard, providing a high-throughput, fast transaction experience with ultra-low fees. This robust infrastructure has laid the foundation for a thriving on-chain ecosystem, which is now poised to expand further with the integration of AI capabilities.
The recent surge in AI development, particularly the proliferation of advanced AI models in 2023, has revolutionized the way individuals and businesses interact with technology. AI has evolved from simple question-and-answer systems to complex carriers of knowledge and experience, accessible to a broad audience. However, the centralized nature of current AI model providers has highlighted several limitations, including censorship issues, lack of personalization, and potential risks associated with data privacy and security.
To address these challenges, TOP AI Network is pioneering a decentralized model service solution. This approach aims to eliminate censorship, ensure diversity in model usage, and significantly reduce computing costs through decentralized incentives. By leveraging blockchain technology, TOP AI Network seeks to provide a more secure, efficient, and user-friendly platform for AI applications.
In a statement, Steve, the co-founder of TOP AI Network, expressed enthusiasm about the company’s new direction. “We are thrilled to announce the rebranding of TOP Network to TOP AI Network. Over the past year, we have invested heavily in developing AI models, decentralized applications, and intelligent agents. Our goal is to build a comprehensive AI-native Layer 1 blockchain that supports a wide range of AI applications, models, and agents, specifically tailored for the Web3 ecosystem.”
TOP AI Network’s strategic partnerships and business capabilities are central to its vision. The company has established collaborations with leading providers of computing power equipment and AI application developers. These partnerships are crucial for rapidly scaling the network’s computing capabilities and integrating AI solutions. The network’s three-layer architecture and scalable sharding technology allow for elastic chain expansion, ensuring that it can efficiently handle high-volume, real-time transactions—essential for AI-driven businesses.
As part of its expansion strategy, TOP AI Network will introduce an AI shard to its existing architecture. This dedicated shard will cater to three primary roles within the ecosystem: AI application developers, model providers, and computing power nodes. AI application developers will have unrestricted access to a wide array of models available on the platform, enabling them to build and deploy innovative solutions without facing censorship or permission barriers. Model providers, on the other hand, can publish their models on the platform and earn incentives through the blockchain’s reward mechanisms. Additionally, computing power nodes will play a vital role by offering the necessary computational resources to run AI models, receiving miner incentives and foundation subsidies, particularly during the network’s initial five years.
The upcoming months are set to be transformative for TOP AI Network. The company plans to launch a Proof of Concept (POC) version of its platform, with an internal release scheduled for September. Following this, a new testnet will be opened to nodes, allowing for extensive testing and optimization. The company is confident that its advanced technology and expertise in AI will offer developers and users a unique and compelling experience, paving the way for a more inclusive and efficient digital economy.
About TOP AI Network
TOP AI Network, originally established as TOP Network in 2018, has been at the forefront of blockchain innovation. The platform is designed to cater to a broad user base, offering high-demand experiences and supporting large-scale businesses with cost-sensitive needs. With a focus on becoming the blockchain infrastructure for Decentralized Physical Infrastructure Networks (DePIN) powered by AI, TOP AI Network aims to revolutionize sectors such as Web3.0, DePIN, and gaming. The platform’s advanced sharding technology and three-layer network structure provide a powerful, low-cost, and high-throughput solution, meeting the real-time performance demands of modern digital applications.
SOURCE: TOP AI Network
by Arrow123
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