Emre Yumlu 
BasedAI is a decentralized AI platform based on blockchain technology that revolutionizes AI model ownership.
What Is BasedAI?
It encourages a decentralized AI development process by using digital tokens called Brain Credits, which facilitate ownership and participation in AI models. The platform undergoes significant stages of development, marked by “Prometheus” and “Cyan” testnets, with the Burn for Brains event emphasizing the platform’s commitment to ecosystem growth.
Blockchain integration ensures transparency, security, and immutability, reducing the risks of centralized control and enabling a more democratic AI development process. Brain Credits help align the interests of developers and users while promoting participation. BasedAI’s vision aims to democratize AI, making it accessible to a wider audience.
What is the Technology Behind BasedAI?
BasedAI combines blockchain innovation and artificial intelligence (AI) into a powerful ecosystem. The platform operates primarily on the Prometheus and Cyan testnets, where new features and functions are tested before going live on the main network.
The blockchain infrastructure provides high levels of security and transparency, making data manipulation nearly impossible. AI algorithms, particularly in smart trading, automate decisions based on large-scale data analysis, improving efficiency and ensuring security. Additionally, advanced encryption techniques ensure user data remains confidential.
Strategic partnerships with AI and security experts have strengthened the platform’s technological capabilities. Its decentralized network structure ensures resistance to censorship and external attacks.
The combination of Prometheus and Cyan testnets, AI-driven trading, strong privacy measures, and strategic partnerships creates a robust ecosystem for security, efficiency, and user experience. The use of testnets fosters continuous innovation and improvement.
BasedAI Technology and Applications
As a decentralized AI network, BasedAI is transforming areas like network optimization, AI ownership, and security. With Brain Credits, decentralized ownership of AI models is enabled, allowing individuals and small organizations to access AI technologies.
In the cryptocurrency sector, AI-powered tools optimize trading, security, and blockchain operations. Additionally, autonomous systems can enhance efficiency in sectors such as financial services, supply chains, and smart city infrastructures.
AI also enhances personalized services, improving user experiences in industries such as healthcare, e-commerce, and entertainment. BasedAI’s potential lies in making digital interactions faster and more reliable while driving transformation across various industries.
BasedAI Founders
While BasedAI is an intriguing cryptocurrency, the identities of its founders remain somewhat unclear. Available information suggests that Andrew Howard, Aidan Kehoe, and Matthew Higgins, who are also the founders of Lockchain.ai, are associated with BasedAI.
Their experience in blockchain technology and prior ventures demonstrate a solid foundation in the cryptocurrency space. However, the specific roles they played in creating BasedAI are not detailed.
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