Token2049 Infra x AI Day brings together AI and blockchain innovators in Singapore
This event focuses on DePIN and AI-driven innovations, highlighting the urgent potential of these technologies to transform cloud computing, automated systems, and data security.Singapore, September 30, 2024 --- The highly anticipated Token2049 Infra x AI Day grandly opened at the OGBC Innovation Center in Singapore. This event brought together leaders, innovators, and investors from the AI and blockchain fields, featuring keynote speeches, panel discussions, project showcases, and networking sessions, providing a comprehensive platform to explore the future development of artificial intelligence and decentralized technologies.
Event Highlights
- Crypto for Open Source AI Panel: Moderated by Sachi Kamiya, Business Development Director of Sentient, this panel discussion delved into the critical role of cryptocurrency and blockchain in driving an open and decentralized AI ecosystem. Abhijeet Mahagaonkar, Chief Technology Officer of Polychain Capital, emphasized the importance of decentralized financing models in supporting AI research and development, explaining how blockchain ensures data flow and incentivizes global collaboration. Ethan Sun, co-founder of MyShell, shared how MyShell leverages blockchain technology to enhance transparency and streamline AI data processing. Himanshu Tyagi, co-founder of Sentient, elaborated on Sentient's vision for an open AGI (Artificial General Intelligence) economy, promoting collaboration and model monetization among AI developers through decentralized markets. Sam Z, co-founder of Mizu, highlighted how Mizu's decentralized AI data collection platform is revolutionizing data collection and sharing, providing a scalable decentralized AI system infrastructure. Panel members unanimously agreed that the combination of cryptocurrency and blockchain is democratizing AI development, enhancing trust, and fostering innovation.
- DePIN x AI Panel: Moderated by Chichi Hong, Partner at Hack VC, this panel explored the powerful synergies between Decentralized Physical Infrastructure Networks (DePIN) and Artificial Intelligence (AI). Jasper Zhang, CEO of Hyperbolic, opened with an introduction on how Hyperbolic utilizes DePIN decentralized cloud computing resources to make AI models more efficient and scalable on distributed infrastructure. Lin Yang, Partner at Aquarius, analyzed the new trends of on-chain asset liquidity and the combination of AI and DePIN from an investment perspective, using new scenarios to enhance the security of on-chain asset value. Ming Wu, Chief Technology Officer of Zero Gravity, emphasized how DePIN allows AI systems to access real-time, distributed data, thereby enhancing the scalability and security of the systems. Jarrod Barnes, head of the NEAR ecosystem, introduced how NEAR incentivizes participation and development of the DePIN network through a decentralized token economy, ensuring AI thrives in a decentralized environment. The panel concluded that the combination of DePIN and AI is disrupting traditional centralized models, providing fairer, scalable, and secure solutions across industries such as cloud computing, IoT, and logistics.
Event Organizers and Partners
The summit was hosted by Mizu. Mizu is a leading company dedicated to building the world's largest open AI data collection network. Mizu's decentralized infrastructure allows a wide range of participants, from mobile users to GPU cloud operators, to collaborate in building a scalable and secure AI data solution.
Sentient, as one of the co-hosts, is at the forefront of the open AGI economy development. Sentient is building platforms and protocols that enable AI developers to collaborate through the monetization of models and data, driving decentralized AI innovation.
Aquarius Capital is also one of the co-hosts of this summit. This research-driven venture capital firm and liquidity fund manages over $600 million in assets. Aquarius is a leader in on-chain liquidity management, particularly focusing on staking and re-staking projects, playing a significant role in advancing AI and blockchain technologies.
Partners
This summit received support from numerous innovative partners, including:
- Mind Network, the first fully homomorphic encryption (FHE) re-staking layer designed for AI and Proof of Stake (PoS) networks, providing security for data and token economies in decentralized AI systems.
- EdgeAI, a data-centric blockchain project dedicated to helping AI developers build cutting-edge decentralized applications (dApps) and leverage edge data.
- ScalingX, a global Web3 venture capital firm and accelerator supporting the development of Web3 and blockchain technologies in Singapore, Hong Kong, and San Francisco.
- DEAR (Decentralized Entity AI Database), a project dedicated to democratizing 3D data capture and creation by creating the world's largest 3D training data repository to support AI development.
- Axlflops, a DePIN network committed to democratizing AI computing resources to meet the growing demand for distributed computing power.
- MagnetAI, a platform that allows users to create, share, and utilize AI-driven automated action agents.
Media Partners
This summit received strong support and extensive coverage from major media partners, including ODaily, PANews, ChainCatcher, BlockBeats, MetaEra, ChainDD, and TechFlame, ensuring the event garnered widespread attention and participation.
Token2049 Infra x AI Day showcased tangible progress at the intersection of AI and blockchain, highlighting the practical applications of decentralized technologies. The event focused on DePIN and AI-driven innovations, underscoring the urgent potential of these technologies to transform cloud computing, automated systems, and data security.
