AILayer combines Bitcoin with AI, becoming an important engine of the Layer 2 ecosystem

Thanks to the market sentiment driven by interest rate cuts, BTC ETF, election results, and other factors, Bitcoin has recently performed well, reaching new highs. Additionally, the AI narrative is a hot topic of discussion in the current cycle. In the narrative combining Bitcoin and AI, AILayer stands out remarkably.

1. Introduction to AILayer

AILayer is a Bitcoin-based Layer 2 that combines AI with blockchain to address some of the most critical issues in the development and deployment of artificial intelligence applications. By decentralizing AI and connecting it to the secure and transparent Bitcoin network, AILayer provides developers and users with a way to build, scale, and access AI models and services without the need for expensive cloud infrastructure or centralized control.

When understanding AILayer, it can be viewed from two levels:

1. a) The power of combining Bitcoin and AI

AILayer uses the Bitcoin network to ensure everything is secure. It's like having a sturdy lock (Bitcoin) to protect all your AI tools and applications. Developers can build their applications on AILayer, knowing that their data and transactions are secure.

1. b) The expansion of the AI layer

The combination of AI and Web3 has many aspects. AILayer will provide an expansion layer for AI, offering one-stop infrastructure support from decentralized computing power and model libraries to AIGC-type applications for image, text, and video generation.

In the past few months, AILayer has made significant progress and has received investments from leading WEB3 venture capital firms and renowned Web3 KOLs such as Amber Group, WaterdripFund, Cipholio Ventures, SatoshiLab, MH Ventures, Bitrise, Luminescence, and Foundinals. Next, let's review some key milestones:

1) In April 2024, the core infrastructure will be fully operational, and the AILayer mainnet will launch.
2) In May 2024, one month after the mainnet launch, the staking activity TVL reached $700 million, demonstrating the strength and stability of AILayer's infrastructure, attracting potential developers, investors, and users.

3) Multiple social point activities were launched, with two social point events attracting over 300,000 users, creating a huge wave on social media X.

4) A memorandum of cooperation was signed with the government of Kyrgyzstan, with both parties reaching a cooperation intention in areas such as Bitcoin nodes, AI computing power, and Web3 application innovation.

5) In June 2024, AILayer entered into a strategic partnership with BounceBit, coinciding with BounceBit's launch on Binance. As a leading CeDeFi project, AILayer injected strong vitality into its ecosystem's TVL.

6) In July 2024, AILayer formed a strategic partnership with Solv Protocol, laying the foundation for the multi-network expansion of SolvBTC. At the same time, SolvBTC generated on the AILayer chain can be staked on the Bitcoin Layer protocol Babylon to earn excess points.

Image: AILayer's cooperation with Solv Protocol and Babylon

As of today, AILayer's ecosystem is experiencing exponential growth. AILayer has over 1,000,000 active addresses and more than 1.7 million transactions, with over 100 ecosystem projects, while its TVL on the Bitcoin chain ranks 6th, slightly above the previously highly popular Bitcoin Layer 2 network, Merlin Chain.

Image: AILayer's TVL ranks 6th among Bitcoin Layer 2

2. Technical Features of AILayer

AILayer's technical path balances the development of decentralized AI and Bitcoin while maximizing compatibility with the existing large developer ecosystem. On the basis of the Bitcoin network, AILayer has built a three-layer architecture, including the Bitcoin mainnet, Layer 2 settlement network, and AI layer.

Image: AILayer's three-layer architecture

Layer 2 network:

AILayer's mainnet is compatible with the Ethereum Virtual Machine (EVM), allowing developers to utilize existing tools and smart contract functionalities within the AILayer ecosystem. This EVM compatibility not only simplifies the development process but also supports cross-chain interactions, expanding the range for developers to create interoperable applications that connect Bitcoin with other blockchains.

At the same time, AILayer's official cross-chain bridge uses decentralized nodes and achieves maximum realization of Satoshi's vision through secondary development based on the Map Protocol's decentralized protocol.

AI application layer:

The core component of the entire architecture, responsible for hosting and executing AI models that drive advanced applications and services in the ecosystem. In the AI layer, AILayer modularly supports AI models, computing power, agents, etc., by building different subnets.

3. Overview of AILayer's Ecosystem:

Not only is there significant growth potential in the number of users, but the projects built by developers on AILayer are also diverse. Specifically, AILayer's ecosystem projects are divided into three main categories: AI, BTC, and infrastructure.

Image: AILayer Ecosystem

Here are some in-depth introductions to representative projects in the AILayer ecosystem:

1) AI Category:

CycleX: CycleX is an innovative platform focused on RWA (real-world assets), providing comprehensive features including real-time RWA market data, tokenized fund issuance, and advanced DEX trading. CycleX has issued AI-themed RWA funds on AILayer.

NGPU: NGPU is a decentralized AI computing network dedicated to providing cost-effective and stable GPU resources for various AI applications.

PublicAI: PublicAI focuses on game and data analysis sets, using AI to provide personalized experiences and real-time insights, combining blockchain security with computing power. It has previously received support from the Solana Foundation and Forsight Venture.

PredX.ai: An AI-driven prediction market built on a mini-program platform on Telegram. It can not only predict events but also feed the prediction results back into the model.

SweetyAI: A blockchain-based, AI-driven, open immersive SocialFi platform where users can create their own AI Agents and interact through chat.

4EVERLAND: 4EVERLAND is a Web3 cloud computing platform that integrates the underlying capabilities of decentralized protocols or networks such as IPFS, Arweave, and DFINITY, providing decentralized storage, computing, and networking core capabilities for developers and Web3 projects, creating a connection layer between the underlying decentralized storage layer and application layer.

2) BTC Category:

BitFi: BitFi is revolutionizing Bitcoin staking by providing real, sustainable returns. By combining advanced CeFi strategies with robust risk management, BitFi offers users low-risk, stable Bitcoin returns.

DeSyn: The DeSyn protocol is an innovative decentralized asset management infrastructure on Web 3, enabling users to securely and transparently create and manage customized asset pool portfolios containing various on-chain assets (tokens, NFTs, derivatives, etc.) through smart contracts.

Map Protocol: A full-chain interoperability layer built on ZK light clients. Map Protocol serves as a gateway for Bitcoin ecosystem developers and users and facilitates interoperability between different Bitcoin L2s and both EVM and non-EVM ecosystems.

Solv Protocol: Solv is a decentralized platform that enables Bitcoin holders to put their BTC to use and earn returns through decentralized Bitcoin reserves. Users can earn points by holding SolvBTC and interacting with the SolvBTC ecosystem through staking, providing liquidity, etc.

Taker Protocol: Taker Protocol is a yield expansion layer built on the NPOL consensus mechanism. It provides liquidity and yield to the Bitcoin ecosystem through a strong incentive structure and offers features such as EVM compatibility and strong demand for Taker tokens.

3) Infra Category

SpaceID: SPACE ID is building a one-stop center for discovering, registering, trading, and managing web3 domain names, with its Token already launched on Binance.

Tomo Wallet: An all-in-one social wallet supported by Polychain.

Particle Network: A leading L1 solution supported by Binance Labs, unifying all chains through universal accounts to solve the user and liquidity fragmentation issues in Web3.

UXLINK: UXLINK is the world's largest web3 social platform and infrastructure, allowing users and developers to discover, distribute, and trade crypto assets in a unique social and group-based manner; currently, UXLINK is quite popular among users in the Korean market.

ZkLink Nova: A multi-aggregator third-layer zkEVM network that has formed a strong partnership with AILayer to collaborate on cross-chain interoperability and ecosystem mutual empowerment.

At the same time, AILayer has connected with various mainstream WEB3 wallets and established strategic partnerships, conducting Airdrop incentive activities in the OKX WEB3 wallet and frequently entering the popular dApp rankings of the OKX WEB3 wallet.

4. AILayer's Strong Community Culture and Innovative Spirit

AILayer is committed to cultivating a vibrant ecosystem where developers, users, and stakeholders can contribute and collaborate. In terms of activities, AILayer holds weekly X Spaces for in-depth discussions with different projects while actively interacting and communicating with the community, prioritizing community demands. This is one of the reasons AILayer has a strong community culture.

Additionally, AILayer is dedicated to expanding into global markets. AILayer places particular emphasis on expanding into the Japanese and Korean markets, establishing Korean community sections for Japanese and Korean users, with dedicated ambassadors responsible for answering questions. At the same time, it has laid out plans in markets such as Indonesia, Bangladesh, Turkey, and Russia.

In terms of responding to the market in real-time, AILayer has also taken innovative measures. AILayer is the first Bitcoin Layer 2 network to actively integrate into the Telegram ecosystem, with its launched Telegram Mini app seamlessly connecting hundreds of millions of Telegram users to the AILayer ecosystem. The aim is to drive engagement, promote community development, and reward active users through real-time incentive measures, including earning $AIL tokens, winning lottery prizes, and participating in leaderboards; since its launch, it has attracted over 200,000 users.

The main features of the AILayer Telegram Mini app include:

1) Earn points through tasks and spins. This mini app allows users to complete tasks to earn points, which can then be converted into $AIL tokens. Additionally, users can spin the fortune wheel for a chance to win grand prizes, with special lottery winnings of up to $500.

2) Invite-to-earn feature. One of the standout features of the app is its invite-to-earn mechanism, allowing users to invite their friends to join the platform. Users earn points each time a friend registers using their invite link. These points can ultimately be redeemed for rewards.

3) Leaderboards and rankings. Users can track their progress on the leaderboard, which ranks participants based on the number of successful invites accumulated over two weeks. Users who invite the most friends will rise in rank, with the top-ranked users receiving top rewards.

Image: AILayer Telegram Bot, 200k users reached

5. AILayer's Future Plans

Looking ahead, here are the key developments expected in the coming months:

Token Generation Event (TGE): The TGE will launch the $AIL token to the public, marking a critical moment for AILayer. The $AIL token will serve multiple utilities within the ecosystem, including governance, staking, and transaction fees.

Expansion of AI Hub: AILayer plans to launch ++AI Hub++, a central platform for AI model training and deployment. This hub will enable developers to leverage AILayer's infrastructure to develop their AI applications, fostering a vibrant community of innovators.

Launch of AI Mining Controller: The AI mining controller will be launched soon, simplifying the mining process for AI models, allowing developers to earn rewards by contributing computing power to the network.

Further development of the AI service layer: Ongoing enhancements to the AI service layer will enable developers to create more complex AI applications, integrating features such as real-time data analysis and machine learning capabilities.

Partner expansion: AILayer will actively seek new partnerships with emerging projects and established platforms to further enrich its ecosystem. Collaborations will focus on cross-chain compatibility, AI applications, and decentralized finance (DeFi) solutions.

AILayer's ultimate vision is to deeply integrate the world's most valuable network, BTC, with the most advanced productivity, AI, allowing Bitcoin to empower AI with autonomy, security, and revolution, while AI endows Bitcoin with intelligence, scalability, and applicability. We believe that the intersection of these two will be where the light of human civilization resides.

Stay updated on AILayer's latest developments, join the Telegram community, follow AILayer on Twitter, and prepare for the upcoming TGE!