🔰Openfabric is a decentralized Al platform where the collaboration between Al innovators, data providers, businesses, and infrastructure providers will facilitate the creation and use of new intelligent algorithms and services.
🟣Meet $OFN Token..
Also on blockchain, where every network boasts its exclusive digital currency, a crucial force in encouraging positive network conduct. Openfabric harbours its native currency, the $OFN token.
🤔Why $OFN?
An important question to ask will be why you should acquire $OFN token. Out of the numerous answers abound, some are provided below.
1. Staking for Security: Users like AI innovators, data providers, and infrastructure providers stake tokens to secure the platform. This acts as a security deposit, ensuring responsible behaviour.
2. Reward System: Users earn tokens for actions on the platform, subsidized from the Liquidity Pool. This includes rewards for infrastructure providers renting execution environments, AI innovators contributing valuable solutions, and data providers offering relevant datasets.
3. Payment Mechanism: Tokens can be used to purchase products and services within the platform, functioning as a medium of exchange.
4. Internal Currency: Tokens act as an internal currency on the platform, enabling users to engage in trading activities.
5. Exclusive Access: Token holders enjoy exclusive rights and access, such as exclusive products and services, and early access to alpha versions of newly launched offerings. The level of access is determined by the amount of tokens held in their wallets.
🟠The benefits of Openfabric are quite numerous , providing a myriad of opportunities for individuals and businesses to explore the full potential of AI innovation.
