Article reprinted from: Project Dynamics

In November, $BTC once peaked at $99,558, just shy of breaking the $100k mark, but last week saw a brief pullback. In the fluctuating market of $BTC, on-chain MEME performance remains strong. Particularly, BNB Chain's $BANANA reached a new high this week, with a market cap exceeding $60 million, while $Cheems and $Why also made their way onto Binance. The heated MEME market has brought new on-chain activity to the BNB Chain ecosystem. However, it is not only MEME that drives the development of BNB Chain, but also AI infrastructure projects like DIN (formerly Web3Go) that continuously build within the BNB Chain ecosystem.

Over the past two years, DIN has contributed to the development of BNB Chain and achieved multiple milestones: In 2022, DIN was selected for Binance Labs' MVB accelerator program; in 2023, DIN received investment from Binance Labs; in 2024, DIN has repeatedly ranked as the number one AI DApp on BNB Chain, significantly increasing the on-chain user activity and transaction volume for BNB Chain, opBNB, and BNB Greenfield.

DIN's value proposition is: **to establish a data intelligence network based on the synergy of people, data, and AI, aiming to allow everyone to process data for AI and receive rewards.** Over the past three years, DIN has launched three flagship products: Analytix, Reiki, and xData. Additionally, this year, the Chipper node has also been launched. Now, let us review the contributions DIN has made to the development of the BNB Chain ecosystem.

2022: Starting with on-chain data analysis

In 2022, DIN launched the on-chain data analysis platform Analytix, providing users with tools for in-depth insights into on-chain data. Its advanced analytical capabilities enable users to quickly create visual on-chain data dashboards in the rapidly evolving crypto field. BNB Chain, Moonbeam, and Manta Network are all paid clients of DIN's on-chain data services.Analytix has created a tool specifically for BNB Chain that can track various aspects such as BNB supply, burn activities, and market trends - the BNB Chain Monitor. It has also created on-chain data dashboards for multiple BNB Chain ecosystem projects, including PancakeSwap (such as Yuliverse, Lifeform, SecondLive, Hooked, Tabi, etc.). Recently, PancakeSwap has once again become the preferred choice for user trading due to the activity of BNB Chain MEME. This demonstrates the foresight of Analytix when selecting projects to create on-chain data dashboards.

As of now, over 90 data dashboards and 130 datasets have been created on Analytix, continuously providing data services for Manta Network, Moonbeam, and BNB Chain. For the BNB Chain ecosystem, Analytix serves as an important on-chain data analysis tool, helping developers, project teams, and community members quickly access and analyze on-chain data, enhancing the activity of on-chain data within the BNB ecosystem and expanding its application scenarios, thus improving user engagement.

In the same year, DIN (formerly Web3Go) was selected for Binance Labs' MVB accelerator program, receiving recognition and support from Binance Labs.

2023: Growing through an AI Agent experiment

In 2023, with the rapid development of large language models and the widespread application of ChatGPT, the DIN team foresaw the enormous potential of the combination of AI and the crypto industry, launching a platform that combines AI and user-generated content (UGC) - Reiki on BNB Chain. Users on this platform can quickly create custom AI agents and efficiently manage their datasets. Additionally, Reiki also allows users to mint custom AI agents as NFTs for trading, which brought a huge influx of NFTs to BNB Chain at the time. Furthermore, Reiki integrated with Particle Network, allowing Web2 users to easily register on Web3 platforms using their Google accounts, which transformed over a million Web2 user traffic into on-chain users of BNB Chain.

On the C-end, Reiki provided monetization tools and scenarios for AI agent creators at the time. On the B-end, Reiki launched commercial services, providing a full suite of AI agent services for the BNB Chain official Discord community and official developer documentation website. This further validated DIN's direct monetization of this set of AI data product services, achieving positive cash flow and realizing the landing of AI data services.

However, Reiki's achievements do not stop here. After launching on Product Hunt, Reiki won the dual titles of 'Best Product of the Day' and 'Best Product of the Month,' and currently holds the second place on the platform's annual list for 2024.

Since its launch, Reiki has minted 27,000 NFTs of AI agents and achieved 150,000 daily active users. For the BNB Chain ecosystem, Reiki has introduced a thriving AI creator economy, attracting a large number of AI product users. This has not only promoted the growth of the BNB Chain AI ecosystem but also driven an increase in on-chain transaction volume and user activity. In the same year, DIN also completed a $4 million seed round of financing, with investment institutions including Binance Labs, HashKey, and other well-known investment firms.

2024: Shining with AI data preprocessing infrastructure

In 2024, the team recognized that the development of both AI models and AI agents cannot be separated from training data. In April of this year, DIN launched the AI data node infrastructure - xData on opBNB. With xData, users can scrape the hottest crypto news for preliminary data labeling and form personalized datasets on the X (formerly Twitter) platform with just one click of 'GODIN.' All this data will be securely stored on BNB Greenfield. Users can also receive rewards based on their contributions to the dataset.

DIN currently has over 30 million registered users and a million daily active users, continuously driving user growth and on-chain activity for BNB Chain. It has repeatedly become the top AI DApp on BNB Chain. As of now, xData has successfully collected and labeled over 100 million tweets, all of which are securely stored on BNB Greenfield. It is worth mentioning that DIN is not only a core user of BNB Greenfield but also its official storage service provider.

In August of this year, DIN announced the completion of a new round of pre-IPO financing of $4 million, bringing the total fundraising amount to $8 million. This round of investment attracted some new investment institutions, including Manta Network, Moonbeam Network, and Ankr, as well as participation from some community and KOL investors.

The preliminary labeled dataset formed through xData needs further processing to become a high-quality dataset usable by AI models. Therefore, DIN launched the Chipper node responsible for data verification and vectorization. Owners of Chipper nodes can use their edge devices to run these nodes, loading small language classification models trained with fastText to achieve fast and accurate multilingual text processing. By leveraging the advantages of edge computing, Chipper nodes can efficiently process AI data further, thus forming high-quality AI datasets.

At the same time, the Chipper node provides the necessary computing power for the DIN ecosystem, achieving efficient distribution of profits generated from data preprocessing. Data contributors will receive rewards based on their roles in the entire data processing flow. This way, DIN creates a data intelligence network that encourages continuous user participation and rewards.

Recently, DIN started the pre-mining of Chipper nodes. Nearly 1 million active users interact on-chain on BNB Chain through the pre-mining page every day, consuming BNB as gas fees, while generating a new on-chain asset **xDIN.** xDIN is an important airdrop certificate for DIN tokens during the TGE. (During DIN's TGE, all users will receive DIN token airdrops based on their xDIN holdings. This part of the DIN airdrop will be 100% released with no locking or complicated mechanisms such as linear unlocking.)

xDIN is currently non-transferable, but users can trade it on Tadle. (Note: Trading may affect airdrop eligibility.) Trading xDIN on Tadle is very convenient, available on both mobile and desktop platforms. As of now, over 700 orders have been completed on Tadle.

For the BNB Chain ecosystem, the pre-mining of Chipper nodes and xDIN trading not only brought significant transaction volume and on-chain activity but also resulted in over 40,000 operational nodes and more than 50,000 high-quality node holders. This further activated the on-chain data ecosystem of BNB Chain and enhanced user participation.

Through Bull and Bear: Continuing to Promote BNB Chain Ecosystem Development

From promoting on-chain data analysis to creating a user-friendly AI agent platform, and then pioneering decentralized AI data preprocessing tools, DIN has been making continuous contributions to the growth of the BNB Chain ecosystem. Recently, DIN brought nearly 7.5 million transactions and 400,000 exposures to BNB Chain in just 7 days through node pre-mining, Binance Web3 wallet airdrop activities, and Binance Square essay competitions. Additionally, DIN helped Binance attract over 260,000 new user registrations in just 10 days.

True widespread application: Empowering traditional Web2 industries with Web3 AI data

DIN not only drives the decentralized AI data economy in the Web3 field but also empowers the development of traditional industries in Web2. Months ago, DIN collaborated with the data labeling company of AISpeech to collect and label voice data for minor languages through BNB Chain. AISpeech is a voice unicorn in China, comparable to iFlytek, holding the first market share in the automotive field. When you communicate with the vehicle system in different languages, it is supported by DIN's AI data and blockchain technology.

After the main net launch of DIN, the world's first blockchain-based voice data collection and labeling task will be simultaneously initiated. Global users can participate in AI data processing and receive rewards in the process. There are no geographical restrictions or biases, achieving complete decentralization.

Looking to the future: A decentralized AI data network within the BNB Chain ecosystem

On November 27, CZ publicly expressed optimism about on-chain AI data projects, especially those utilizing BNB Greenfield for secure data storage. The DIN team is excited about the growing attention the crypto industry is paying to the AI data track.

In the entire AI track, compared to AI computing power and AI models, data is often overlooked but is crucial for the overall development of AI. Tech giants in traditional industries have long recognized the importance of data, thus monopolizing internet data through various means. For example, X (formerly Twitter) has canceled free API access, and any users wishing to access data must pay. DIN's emergence aims to break down the data walls constructed by centralized institutions and return data ownership to users. It is committed to involving everyone in the AI data process and ‘cooking’ data for AI.

Recently, DIN's founder Harold shared a roadmap for DIN's next major milestone, indicating that DIN is approaching the era of Layer 2 blockchain on the BNB chain.

The future prospects for AI and blockchain are broad, and DIN is leading this trend. What is DIN's next step? Stay tuned for more exciting updates!