Rebecca Moen
November 3, 2024 04:02
FLock.io is collaborating with Animoca Brands to develop AI models focused on privacy-preserving decentralized applications in the Web3 ecosystem using blockchain technology.
Introduction to partnerships
FLock.io, a community-driven platform specializing in blockchain federated learning, has signed a Memorandum of Understanding (MOU) with Animoca Brands. This collaboration leverages FLock.io’s training platform and protocols to provide co-creation opportunities for domain-specific AI models, according to (Animoca Brands)(https://www.animocabrands.com/flockio-signs-mou-to-enter) Aims to explore. -Partnership with the animoca brand).
goals and objectives
The partnership is set to leverage FLock.io’s privacy-preserving AI training infrastructure to develop professional models for the Animoca brand. These models will focus on facilitating due diligence, investment, market making and operational support and enhancing blockchain applications while maintaining user privacy and data sovereignty.
FLock.io’s technological edge
FLock.io combines federated learning and blockchain technology to allow participants to collaboratively train and validate machine learning models without sharing raw data. Through AI Arena, FL Alliance, and AI Marketplace, FLock.io fosters a decentralized ecosystem that emphasizes data privacy and encourages collaboration with token-based rewards.
Vision of the Animoca brand
Animoca Brands, known for driving digital property rights through NFTs and gaming, plans to leverage FLock.io’s infrastructure to advance blockchain applications. This collaboration highlights the potential for integrating privacy-preserving AI solutions into the public metaverse, opening up new possibilities for decentralized applications within the Web3 ecosystem.
leadership perspective
Yat Siu, Co-founder and Chairman of Animoca Brands, expressed enthusiasm for the partnership, emphasizing the importance of user privacy and data sovereignty in advancing Web3 technology. Vincent Wang, CFO of FLock.io, highlighted the strategic fit between the two companies and their potential to deliver best-in-class AI models while ensuring data privacy.
About FLock.io
FLock.io is a decentralized AI co-creation platform focused on federated learning. Products like AI Arena and AI Marketplace allow for collaboration on AI model development while coordinating efforts with on-chain incentives, ensuring privacy and fair reward distribution. FLock.io’s innovative approach has been recognized by an academic grant from the Ethereum Foundation.
Introduction to the Animoca brand
Animoca Brands is a leader in Web3, leveraging blockchain technology to provide digital property rights. The company develops a variety of products, including games and platforms that enhance the user experience in the metaverse. With over 540 Web3 investments, Animoca Brands continues to play a significant role in the blockchain industry.Image source: Shutterstock