Open AI

Over Protocol open airdrop inquiry, airdrop distribution will take place after the mainnet launch

ChainCatcher news, the L1 blockchain lightweight node protocol Over Protocol has announced the airdrop allocation details and opened airdrop inquiries, which will be distributed after the mainnet launch (expected between the end of this year and the beginning of next year). Over Protocol has allocated 15% of the total token supply to the community access program (OCAP), of which 54.5 million OVER tokens (5.45%) are specifically for the airdrop program, while the remaining tokens will be used to support marketing, liquidity provision, grant programs, and ecosystem funds. The airdrop amount is determined based on the scores from OverWallet tasks and testnet participation. Currently, users can check their airdrop allocation in the Airdrop Checker within the OverFlex application (currently OverWallet).Among them, 30 million tokens (3% of the total supply) are distributed to OverWallet users, with 418,215 effective participants; 10 million tokens are distributed to OverNode users, with 52,607 effective participants; 10 million tokens are allocated to Nethers NFT holders (3,945 people); 3 million tokens are distributed to participants of OKX Cryptopedia Season 16 (469,869 people); and 1 million tokens are distributed to participants who completed the Sybil detection task on HashKey Global.Over Protocol states that the airdrop program is based on three key criteria: honesty, diligence, and scores, and verifies honesty through two rounds of Sybil detection to prevent multiple accounts and bots. "Diligent contributors" who cannot be fully assessed through Sybil detection can obtain additional verification opportunities via a Google form.

Open AI cloud service provider Hyperbolic has completed a $7 million seed round financing, led by Polychain Capital and Lightspeed Faction

According to ChainCatcher news, the open AI cloud service provider Hyperbolic has completed a $7 million seed round financing, led by Polychain Capital and Lightspeed Faction, with participation from Chapter One, LongHash, Bankless Ventures, Republic Digital, Nomad Capital, CoinSummer Labs, and Third Earth Capital. The funds will be used to advance the development of Hyperbolic's open AI cloud platform, including hiring key engineers and creating a supportive ecosystem for developers.Hyperbolic plans to integrate global GPU computing resources and leverage blockchain technology to provide verifiable and secure AI services, addressing the industry's bottleneck issues related to the cost and allocation of computing resources. Hyperbolic's first product is an AI inference service that promises high performance at a lower cost. Its innovative approach utilizes "heterogeneous computing" technology to optimize tensor operations across various hardware, allowing developers to access powerful open-source AI models through simple API calls. Additionally, Hyperbolic is building a GPU marketplace that offers an intuitive and automated interface for users to rent and supply GPUs, supported by its decentralized orchestration layer Hyper-dOS (Hyperbolic Distributed Operating System).
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