AI has become the main theme of today's technology circle, and the integration of AI and cryptocurrency has become the focus of capital pursuit. Autonolas (token Olas), an AI-based oracle, has increased by 559.3% in the past month, and Tau (token AGRS), a public chain focusing on AI and with its own logic programming language, has increased by an astonishing 2560.0% in the past month.

These figures not only represent the prosperity of the market, but also reflect the potential opportunities at the intersection of AI and cryptocurrency. Perhaps this sector will become a new gold mine for investors.

This article will focus on one of the projects in this field that has not yet issued a coin, and is also the recent AI popular narrative leader gensyn

Gensyn: A distributed computing network for AI model training


Gensyn is a distributed computing network for training AI models.

The calculations required for large-scale artificial intelligence are very complex, and with the continuous advancement of artificial intelligence (GPT3 to GPT4), more and more computing power is required. In the real world, due to various factors such as geopolitics, it is difficult to get enough global computing power and the cost has risen sharply. Some developers even have difficulty obtaining a single GPU, and they have to pay high service fees to cloud server oligarchs.

Against this backdrop, Gensyn came into being.

Gensyn's idea is to connect the computing power of idle, machine learning-capable computing devices (such as consumer-grade GPUs, custom ASICs, and SoC devices capable of training neural networks) around the world through a global supercluster, thereby significantly increasing the available computing power for machine learning.

This is also good news for miners who used to mine ETH. With the transition of ETH to PoS, the income of many miners with powerful GPUs has dropped sharply. The emergence of the Gensyn protocol is expected to introduce miners' computing power into AI.

Gensyn's machine learning training jobs cost about $0.4 per hour, which is much lower than the costs of AWS ($2) and GCP ($2.5).

The Gensyn system mainly consists of four participants:

  • Submitter: An end user of the system who provides tasks to be computed and pays for completed work units.

  • Solvers: The main working part of the system, performing model training and generating proofs for verification by verifiers.

  • Verifier: Chains the non-deterministic training process to a deterministic linear computation, replicates part of the solver proof, and compares the distance to an expected threshold.

  • Whistleblower: The last line of defense for output, checking the work of validators and challenging them in the hope of winning the jackpot.

The four parties worked together to build Gensyn's verification system.


Gensyn has completed three rounds of financing, including Pre-seed round, seed round and A round of financing, with a total financing amount of up to US$50.6 million.

The earliest financing occurred in the seed round Pre financing on January 1, 2021, which completed US$1.1 million in financing, led by 7 Percent Ventures, and participated in by Entrepreneut First, Counterview Capital, Id4 ventures, and Paul Smith. The second financing occurred in the seed round financing on March 21, 2022, which completed US$6.5 million in financing, led by Eden Block, and participated in by Galaxy Digital, CoinFund, Maven11, Hypersphere Ventures, Zee Prime Capital, Entrepreneur First, and Jsquare.

The third round of financing occurred in the A round on June 11, 2023, which completed US$43 million in financing. It was led by A16z and participated by CoinFund, Canonical Crypto, Protocol Labs, Eden Block, Jsquare, M31 Capital, Zee Prime Capital, Maven11, Anand Iyer, and Id4 ventures.


a16z has paid a lot of attention to this project, so it has gradually been associated with many AI projects. Gensyn is also the largest funded protocol in the Polkadot ecosystem. It is developed for different networks through three different stages, which helps AI projects to optimize metadata for probabilistic verification of machine learning training, accurately verify deterministic machine learning work proved on the chain, and parallelize machine learning models on heterogeneous hardware with delay constraints. There are more considerations for the nodes where development is deployed.

At present, all financial markets have invested very high costs and funds in AI concept projects. AI has always been the most cutting-edge project topic in the field of financial technology. At the same time, Gensyn’s goal is also very clear: a large-scale distributed AI computing network, with the ambition to lay the foundation for one of the most widely adopted basic projects in the future AI field.

Gensyn may directly affect the price fluctuations of DOT in the market, and the correlation is relatively strong.

Gensyn private placement is underway

Token name: gensyn

Sectors: Polkadot, AI & Data

Estimated valuation: 800 million

Issued: 1 billion

Launch time: expected in the second quarter of 2024 Binance EURUSD first release

Release rules: No lock-up

Friends who are interested in the project and want to participate can visit the homepage!