FLock.io: Launching Mainnet and TGE on Base

ChainCatcher news, according to Chainwire, the decentralized AI training platform FLock.io has officially launched its mainnet on Base. This release coincides with the token generation event (TGE) of its native token FLOCK, which will serve as a utility token for the FLock ecosystem by incentivizing and rewarding community participation.

The FLOCK token will be airdropped to users participating in the incentive testnet during today's token generation event (TGE). Users can access the platform to engage in decentralized AI training to earn FLOCK tokens. These tokens will play a crucial role in the FLock.io ecosystem, facilitating collaboration among data providers, training nodes, and computing providers.

ChainCatcher previously reported that the Web3 AI project FLock.io published its FLOCK tokenomics model. The total supply of FLOCK tokens is 1 billion, with 66.7% of the tokens allocated to the community and ecosystem to ensure long-term sustainability and incentivize contributions. As part of this commitment, FLock will allocate 50,000,000 tokens (5% of the total supply) to early users and the community of FLock.