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FLock.io and Animoca Brands Partner to Enhance Decentralized AI Development

3 November 2024
in Blockchain
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Rebeca Moen
Nov 03, 2024 04:02

FLock.io companions with Animoca Manufacturers to develop AI fashions utilizing blockchain expertise, specializing in privacy-preserving, decentralized functions within the Web3 ecosystem.





Introduction to the Partnership

FLock.io, a community-driven platform specializing in federated studying on blockchain, has entered right into a Memorandum of Understanding (MoU) with Animoca Manufacturers. This collaboration goals to discover co-creation alternatives for domain-specific AI fashions using FLock.io’s coaching platform and protocol, based on [Animoca Brands](https://www.animocabrands.com/flockio-signs-mou-to-enter-partnership-with-animoca-brands).

Objectives and Aims

The partnership is ready to leverage FLock.io’s privacy-preserving AI coaching infrastructure to develop specialised fashions for Animoca Manufacturers. These fashions will concentrate on facilitating due diligence, funding, market-making, and operational help, enhancing blockchain functions whereas sustaining consumer privateness and knowledge sovereignty.

FLock.io’s Technological Edge

FLock.io combines federated studying with blockchain expertise, permitting members to collaboratively practice and validate machine studying fashions with out sharing uncooked knowledge. By means of its AI Enviornment, FL Alliance, and AI Market, FLock.io fosters a decentralized ecosystem that emphasizes knowledge privateness and incentivizes collaboration with token-based rewards.

Animoca Manufacturers’ Imaginative and prescient

Animoca Manufacturers, identified for driving digital property rights through NFTs and gaming, intends to make the most of FLock.io’s infrastructure to advance its blockchain functions. This collaboration underscores the potential to combine privacy-preserving AI options within the open metaverse, unlocking new potentialities for decentralized functions throughout the Web3 ecosystem.

Management Views

Yat Siu, co-founder and government chairman of Animoca Manufacturers, expressed enthusiasm concerning the partnership, emphasizing the significance of consumer privateness and knowledge sovereignty in advancing Web3 applied sciences. Vincent Wang, CFO of FLock.io, highlighted the strategic match between the 2 corporations and the potential for delivering best-in-class AI fashions whereas guaranteeing knowledge privateness.

About FLock.io

FLock.io is a decentralized AI co-creation platform centered on federated studying. With merchandise like AI Enviornment and the AI Market, it coordinates efforts with on-chain incentives, permitting collaboration in AI mannequin improvement whereas guaranteeing privateness and truthful reward distribution. FLock.io’s revolutionary method has been acknowledged with an educational grant from the Ethereum Basis.

About Animoca Manufacturers

Animoca Manufacturers is a pacesetter within the Web3 area, leveraging blockchain expertise to offer digital property rights. The corporate develops a variety of merchandise, together with video games and platforms that improve consumer experiences within the metaverse. With over 540 Web3 investments, Animoca Manufacturers continues to be a major participant within the blockchain trade.Picture supply: Shutterstock



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Tags: AnimocabrandsDecentralizedDevelopmentEnhanceFLock.ioPartner
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