FLock.io and Animoca Brands Collaborate to Advance Decentralized AI Development

FLock.io and Animoca Brands Partner to Enhance Decentralized AI Development

Rebeca Moen
Nov 03, 2024 04:02

FLock.io partners with Animoca Brands to develop AI models using blockchain technology, focusing on privacy-preserving, decentralized applications in the Web3 ecosystem.

FLock.io and Animoca Brands Partner to Enhance Decentralized AI Development

Extreme Investor Network is excited to announce the partnership between FLock.io and Animoca Brands, which aims to advance decentralized AI development using blockchain technology. This collaboration focuses on creating privacy-preserving applications within the Web3 ecosystem, offering unique solutions to the industry.

Introduction to the Partnership

FLock.io, a pioneering platform in federated learning on blockchain, has joined forces with Animoca Brands through a Memorandum of Understanding (MoU). The partnership will explore opportunities for developing domain-specific AI models utilizing FLock.io’s cutting-edge training platform and protocol.

Goals and Objectives

The partnership between FLock.io and Animoca Brands aims to leverage FLock.io’s AI training infrastructure to create specialized models. These models will enhance blockchain applications by enabling due diligence, investment support, market-making strategies, and operational assistance while prioritizing user privacy and data sovereignty.

FLock.io’s Technological Edge

FLock.io stands out by combining federated learning with blockchain technology, allowing collaborative machine learning model training without exposing raw data. Through its AI Arena, FL Alliance, and AI Marketplace, FLock.io promotes a decentralized ecosystem that emphasizes data privacy and encourages collaboration through token-based rewards.

Animoca Brands’ Vision

Animoca Brands, renowned for its focus on digital property rights and gaming initiatives, sees great potential in utilizing FLock.io’s infrastructure to enhance its blockchain applications. This partnership showcases the opportunity to integrate privacy-preserving AI solutions in the open metaverse, unlocking new possibilities for decentralized applications in the Web3 ecosystem.

Leadership Perspectives

Yat Siu, co-founder and executive chairman of Animoca Brands, expressed excitement about the collaboration, emphasizing the importance of user privacy and data sovereignty in advancing Web3 technologies. Vincent Wang, CFO of FLock.io, highlighted the strategic alignment between the two companies and the potential for delivering top-tier AI models while safeguarding data privacy.

About FLock.io

FLock.io is a decentralized AI co-creation platform that specializes in federated learning. With innovative products like AI Arena and the AI Marketplace, FLock.io incentivizes collaboration in AI model development while maintaining privacy and fair reward distribution. The platform’s unique approach has earned recognition with an academic grant from the Ethereum Foundation.

About Animoca Brands

As a leader in the Web3 space, Animoca Brands leverages blockchain technology to provide digital property rights through a wide range of products, including games and platforms for the metaverse. With a portfolio of over 540 Web3 investments, Animoca Brands continues to drive innovation and shape the future of the blockchain industry.

Image source: Shutterstock

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