Geneva, Switzerland, November 11th, 2024, Chainwire
HyperCycle, a groundbreaking Layer 0++ blockchain infrastructure engineered for high-speed and cost-effective AI-driven micro transactions, has announced a groundbreaking expansion of its network strategy through a non-contentious fork, at Devcon. This innovative move will create two parallel development paths: HyperCycle.HyperCycle (H.H or H2) and HyperCycle.MetaCycle (H.M).
HyperCycle has experienced tremendous growth, outpacing market expert predictions. It has become a monumental multiplier for various AI agents due to its network enablement capabilities. Building on this success, HyperCycle's founders have decided to pursue two future development strategies in parallel, expanding from the intersection to the union of extreme sets in the world of AI networking.
"We're living in an unprecedented time, and unprecedented actions are necessary," said Toufi Saliba, CEO of HyperCycle. "This fork demonstrates how we can execute divergence while keeping the underlying technology interoperable."
Key aspects of the expansion include:
HyperCycle.HyperCycle (H.H or H2):
Continues to focus on an open network allowing both closed and open-source components
Aims to connect centralized and decentralized networks (including major tech companies)
Maintains a "in and out of crypto" approach, using crypto assets only for node generation
Pursues a traditional wealth creation model with B2B software sales, licensing, and royalties
HyperCycle.MetaCycle (H.M):
Embraces hardcore open-source development for all components
Focuses exclusively on decentralized networks
Open to both decentralized and centralized exchanges, enabling speculative token trading
Adopts a crypto-centric business model similar to projects like Ethereum
This fork aims to cover the union of extreme sets, expanding beyond the current intersection. It will enable many players to partake in wealth creation within the rapidly growing AI market.
For HyPC token holders, all vested investors will receive an airdrop of the newly forked token (tentatively named METC).
The HyperCycle team emphasizes that this expansion prioritizes user value and stakeholder interests, including node owners, operators, HyPC holders, partners, and team members.
"By addressing the union of the entire market, HyperCycle is enabling everyone to participate in the Internet of AI," Saliba added. "We're extremely excited about this milestone and its potential to accelerate the democratization of AI technology."
About HyperCycle
HyperCycle creates the technology that enables any computer to securely partake in the global brain of AI computation. By combining peer-to-peer technology and collaborating with esteemed partners including Toda and SingularityNET, HyperCycle supports scientific and technological progress in the field of AI. HyperCycle allows anyone to monetize their computing power and participate in providing computations that serve other AI systems. HyperCycle and HyperPG are at the centre of the SingularityNET Ecosystem, an ecosystem of companies united to work on benevolent decentralised AGI. All of the SingularityNET Ecosystem companies are lined up to run on HyperCycle.
Learn more: https://www.hypercycle.ai/
Disclaimer. This is a paid press release.
