The Web3 AI project FLock.io will launch the FLOCK token within the year

ChainCatcher news, the Web3 AI project FLock.io announced that it will launch the FLOCK token within this year. FLOCK is the core of the FLock.io private AI training platform, supporting its AI training platform AI Arena, collaborative node network FL Alliance, and AI Marketplace.

In addition, Bybit Launchpool will soon launch FLOCK, allowing users to earn FLOCK tokens by staking FLOCK, MNT, or USDT through Bybit Launchpool. The event will run from December 31, 2024, 12:00 UTC to January 7, 2025, 12:00 UTC. Trading will start on December 31, 2024, 12:00 UTC.

According to RootData, FLock aims to build a decentralized privacy protection solution for artificial intelligence. FLock has proposed a research program called Federated Learning Blocks (abbreviated as FLocks), which uses blockchain as a coordination platform among data holders for machine learning, while keeping the data local and private. By replacing the central entities that collect data and organize machine learning with blockchain, FLocks aims to empower users to extract insights from their own data and decide on monetization themselves.