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Gensyn

Gensyn is a decentralized AI compute network for training AI models. This network uses blockchain technology to verify that the deep learning tasks have been completed correctly, triggering payments through a token.

What is Gensyn?

Gensyn is a decentralized protocol designed to make deep learning computation more efficient and cost-effective. It allows for the verification of off-chain deep learning work through a layer-1 protocol that rewards participants for contributing compute time for machine learning tasks. The protocol leverages smart contracts for task distribution and payments, employing a complex system of work verification, privacy preservation, and parallelization to address challenges in the computational and market aspects of machine learning tasks.

How Does Gensyn Work?

The Gensyn protocol involves several participant roles: Submitters, Solvers, Verifiers, and Whistleblowers. Submitters are entities that require computational work for machine learning tasks. Solvers provide computational resources to execute these tasks. Verifiers ensure the work done by Solvers is accurate, maintaining the network's integrity. Whistleblowers play a crucial role in identifying and reporting any incorrect solutions submitted by Solvers, helping to maintain the ecosystem's reliability and trustworthiness.

What Makes Gensyn Unique?

Gensyn's unique approach lies in its decentralized nature, allowing for a trustless protocol that rewards participants for their compute time. This structure facilitates task distribution and payments through smart contracts, ensuring the verification of completed machine learning work and creating a decentralized AI compute network.

Who Are the Founders of Gensyn?

Gensyn was co-founded by Benjamin Fielding and Harry Grieve. Their combined expertise has been instrumental in developing the Gensyn protocol, aiming to revolutionize the field of decentralized deep learning computation.

Latest News

What Key Events Have There Been for Gensyn?

Gensyn has successfully completed multiple funding rounds, including a Series A round in June 2023, raising $43 million led by Andreessen Horowitz (a16z). Prior to that, a Seed Round in March 2022 raised $6.5 million, and a Pre-seed round in January 2021 raised $1.1 million.

Project Announcements

Gensyn has announced plans for a token launch, with details to be provided in the near future. Additionally, the project has been actively engaging with the community through various channels, including Discord and Twitter, to keep users informed about developments and opportunities for participation.

Upcoming Events

Latest Airdrop

Gensyn is currently conducting a Testnet Airdrop. Users participating in the Testnet may be able to claim rewards from the project in the future. Participants are encouraged to submit applications, fill out the required forms, and join the Discord community and follow Gensyn on Twitter.

TGE

According to information from open sources, there are plans for a token launch, but currently, there is no exact date for the Token Generation Event (TGE).

Projects Announcements

Where to Buy Gensyn?

As of now, specific exchanges where Gensyn tokens can be traded have not been publicly disclosed. Interested parties are encouraged to follow Gensyn's official channels for updates on token availability and trading platforms.

Gensyn Price

Daily Trading Volume

All-Time High

All-Time Low

Market Cap and Valuation

Market Cap

Fully Diluted Valuation

Gensyn Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding Gensyn's price. As the project progresses and more information becomes available, it is advisable to consult reputable sources for insights.

FAQ

What is the Purpose of Gensyn?

How Can I Participate in Gensyn's Ecosystem?

What Sets Gensyn Apart from Competitors?

Is Gensyn Secure?

What are the Risks Associated with Gensyn?

Community Sentiment

24.55K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.