🎉 Fermah has just secured $5.20M in its latest funding round! 🎉
🔹About: Fermah is a universal proof generation marketplace designed to connect machines like GPUs and FPGAs (supply side) with those needing zero-knowledge (ZK) proofs (demand side). It supports a range of ZK use cases, including zkRollups and zkEVMs, and aligns both sides through a matchmaker system to provide fast and cost-effective proofs. Fermah aims to provide reliable and cost-effective infrastructure, allowing projects to generate ZK proofs efficiently while leveraging decentralized computing power. By doing so, it seeks to enhance the scalability and privacy of blockchain applications. The project has successfully raised $5.20 million in its seed funding round, with Daemon Ventures as a lead investor. Fermah is credibly neutral and supports all proof systems, including zkVMs, zkEVMs, Groth16, and more. It is optimized for cheap, fast, and reliable ZK proof generation. Overall, Fermah is paving the way for more efficient and accessible decentralized computing solutions. 🚀🌐
🔹 Lead Investors: a16z, Balaji Srinivasan, Sandeep Nailwal, Lemniscap, LongHash Ventures and many more.
🔹 Total Raised: $5.20M.
🔹 Project Category: Blockchain Infrastructure, ZKP.
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#BinanceTurns7 #web3 #depin #ai #CloudComputing $ZK
$IO
$TAO

Introducing LingoPod: Your Gateway to Multilingual Content with Enhanced Data Privacy!
Ready to expand your content globally while prioritizing user privacy? 🌍 Meet LingoPod – the premier solution for seamless multilingual communication with cutting-edge data protection! With LingoPod, connecting with audiences worldwide has never been simpler.
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LingoPod's pre-sale is officially launched on March 25, 2024 Singapore Time. Pre-order now is available at https://lingoai.io/lingopod. Don't miss out the World 1st Web3.0 AI Agent. Check out the details and reserve yours today!

#ai #DePIN #Web3!💬 #lingoai

io.net, a Decentralized Physical Infrastructure Network #DePIN built on Solana $SOL , is shaking up the world of AI computing. By harnessing the power of underutilized GPUs from a vast network, io.net offers a glimpse into a more democratic and accessible future for AI and machine learning (ML).
Unleashing the Power of Idle GPUs
io.net taps into a hidden reserve of computational power – the unused GPUs sitting idle in data centers, gaming PCs, and even crypto mining rigs. This network aggregates these resources, creating a scalable and cost-effective alternative to traditional cloud services. This "democratization" of #AI resources empowers even small startups to compete on the same playing field as established players, fostering innovation across the AI landscape.
$IO : More Than Just a Currency
Within the io.net ecosystem, the $IO token fuels a multi-faceted engine:
Transactions: Users pay for the processing power they need and deploy AI clusters using $IO .Staking: Holders can stake their $IO tokens to secure the network and earn rewards generated from idle GPU profits.Governance: IO token holders have a say in the future of io.net through the IO Grants DAO. This Decentralized Autonomous Organization allows the community to influence resource allocation and project prioritization, ensuring the network remains user-driven.
Building a Decentralized Future with $IO
io.net's vision extends beyond simply providing computing power. It aims to create a truly decentralized future with $IO at its core. This DePIN distributes computing resources across a global network, fostering scalability, resilience, and perfect alignment with the core principles of blockchain technology: openness and permissionless access.
$IO : A Token for Innovation
The potential of $IO extends far beyond transactions. Projects within the io.net ecosystem can leverage $IO to:
Tokenize Compute Capacity: Create entirely new business models by tokenizing access to specific computing resources.Integrate DeFi: Combine the power of decentralized finance (DeFi) with AI computing, opening doors to revolutionary financial applications.Unlock New Use Cases: Explore the boundless possibilities of AI in areas like data analysis and AI-powered gaming. Partnerships with industry leaders like Hiveon and Krea demonstrate the vast potential of $IO to drive innovation across countless industries.
A Thriving Community: The Power of Many
With over 1 million wallet addresses participating in the Ignition Rewards program, io.net boasts a robust and ever-growing community. This strong user base is the lifeblood of the network, fostering collaboration and ensuring the continued development of a vibrant ecosystem.
The Decentralized Future is Here
The $IO token is more than just a currency; it's a key that unlocks a future powered by a decentralized and inclusive digital economy. The ongoing development of io.net, coupled with the strategic use of $IO , promises to catalyze a wave of new business models and opportunities in AI, cloud computing, and beyond. Join the journey and explore the future of decentralized computing with $IO .
@IONET1
#IOInternetofGPUs #io.net #depin #sol #io