The Layer 1 Blockchain TOP Network Expands into AI Crypto with Rebranding to TOP AI Network

August 02, 2024 at 12:00 PM EDT

SUNNYVALE, CA / ACCESSWIRE / August 2, 2024 / Recently, TOP Network officially announced its rebranding to TOP AI Network to the community. Since April, TOP has been gradually unveiling a new roadmap, marking its official entry into the AI + Crypto field. This rebranding signifies not only TOP's commitment to exploring AI in depth but also sets the stage for expanding its business horizons.

Founded in 2018, TOP Network launched its mainnet in 2020 and has been running steadily for four years, with over 500 nodes across more than 20 countries. The TOP mainnet includes four transaction shards and one EVM shard, offering ecosystem users a high-throughput, fast transaction, and ultra-low fee on-chain experience. With the mainnet's stable operation, the on-chain ecosystem has started to take shape. This transition towards AI represents a significant opportunity to align with market developments.

The explosion of AI models in 2023 has fundamentally transformed how people learn and utilize knowledge. Simple Q&A interactions have turned AI into a carrier of knowledge and experience, accessible to everyone. However, centralized model service providers cannot meet this massive demand due to several issues: censorship restrictions hinder free use of the models, overly generalized models fail to meet personalized needs, and there are risks of core data leakage and sharing when individuals or enterprises train models.

To address these issues, TOP AI Network proposes a decentralized model service solution. This solution effectively eliminates model censorship, ensuring freedom and diversity in model usage, and significantly reduces computing costs through decentralized incentives.

"TOP Network is being upgraded to TOP AI Network. Over the past year, we've dedicated extensive resources to AI models, dapps, and agents. We're now building TOP AI Network into an AI-native L1 blockchain-a platform for AI models, apps, and agents tailored for Web3."

-From TOP AI Network Cofounder - Steve @stevetopnetwork

TOP AI Network has substantial experience and resources in the AI field.

Partners: TOP AI collaborates with high-quality partners, including companies providing computing power equipment and enterprises focused on AI applications, laying a foundation for quickly connecting computing power and AI applications.
Business Capability: Utilizing a three-layer network structure and scalable sharding technology, TOP AI supports elastic chain expansion with extremely low on-chain processing costs, ensuring efficient handling of high real-time, high-liquidity businesses, especially suitable for AI-related operations.

TOP AI Network will integrate an AI shard into its existing architecture to handle AI-related business, serving three main roles in the industry:

AI Application Developers: Can access and use any model published on TOP without censorship or permission restrictions.
Model Providers: Can freely publish models on TOP and receive on-chain incentives.
Computing Power Nodes: By providing high-performance computing power for AI model operations, they can earn miner incentives and additional subsidies from the foundation for the first five years post-launch.

After the brand upgrade, TOP AI Network will concentrate on advancing its AI shard, with a growing emphasis on AI-centric business and partnerships. The Proof of Concept (POC) version is anticipated for an internal release in September, followed by the opening of the new testnet to nodes. Leveraging its established technology and expertise in AI, TOP AI Network aspires to deliver a novel AI model usage experience to developers and users alike, ensuring that everyone can reap the benefits!

About TOP AI Network

Established in 2018, TOP Network focuses on serving a broad user base, delivering a high-demand user experience, and supporting large-scale, cost-sensitive businesses. Aiming to be the blockchain infrastructure for DePIN with AI computing power, it supports Web3.0, DePIN, and gaming sectors requiring high transaction throughput, speed, low fees, and excellent user experience.

TOP Chain employs sharding technology and a three-layer network to deliver a powerful blockchain with low costs, low entry barriers, and high throughput, effectively meeting real-time performance needs, especially for AI businesses.

For more information, visit:

Website: www.topnetwork.org
Twitter: https://x.com/topnetwork_top
Telegram: https://t.me/topnetwork_top
Discord: https://discord.com/invite/ARMNKCH

Media Contact:

TOP AI Network
Jenny Fang
contact@topnetwork.org
www.topnetwork.org

SOURCE: TOP AI Network

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