Stability AI, OTOY, Endeavor, and The Render Network Join Forces to Develop Next Generation AI Models, IP Rights Systems, and Open Standards Powered by Decentralized GPU Computing 11284

OTOY, Stability AI, Endeavor and the Render Network are thrilled to announce a partnership between the industry leaders in open-source Generative AI models, media and entertainment and GPU computing to develop and standardize IP rights, production workflows and infrastructure around emerging AI technologies.

The partnership leverages Render’s decentralized GPU network, massively scaling AI training and inference power at cost to help democratize open source, transparent, generative AI technology and provenance systems that will soon impact 3D, VFX and Media production workflows.

Stability AI will join OTOY as member of the Immersive Digital Experiences Alliance (IDEA) to help evolve open standards and protocols for ingesting Gen AI models into 3D workflows – including product design, motion graphics, VFX, composition, spatial and holographic endpoints – that can be adapted by standards organizations across the media and entertainment ecosystem.

As part of the collaboration, Endeavor will work with Stability AI, the Render Network, and OTOY to develop transparent IP tracking tools for emerging ML models, publishing their research for peer review through IDEA. This work will include usage of OTOY’s LightStage technology – the industry’s leading reflectance-field facial scanning and digital double platform – to produce licensing tools that enable artists to control their likeness and receive royalties for their IP when used in generative AI models.

OTOY and Stability AI will work together to optimize Stability AI’s models to run on the Render Network’s peer-to-peer pool of consumer GPUs, with the ability to feed results back into over 26+ widely used mainstream 3D software tools supported on the network. Native integration of Stability AI models on the Render Network provides a seamless integration of large AI models and 3D content workflows, access to web APIs for third party applications, and the ability to scale to a waitlist of over a million consumer GPUs for building next generation media models.

This includes today’s launch of Stable Video 3D, a state-of-the-art novel view synthesis and 3D generation model. Leveraging the power of the Render Network’s world class decentralized GPU platform, 3D and other media models will both build on compute and community participation. Upcoming models include the hotly anticipated Stable Diffusion 3, the leading image model across a range of tests, and new language, code, and audio models.

As part of the integration, Stability AI models will leverage provenance systems already established on Render Network – known as Proof-of Render – providing immutable receipts and tracking of all individual components ingested and used for output of computing work on-chain. Through transparent on-chain data, royalty flows for IP and assets used in AI models, as well as their outputs, can be managed using public auditable smart contracts.

Additional details about the partnership will be discussed by Stability AI Founder and CEO Emad Mostaque during Abundance 360 on Monday March 18th, and on March 20th during a keynote talk for the USC VanEck Southern California Blockchain Conference. OTOY Founder and CEO Jules Urbach will speak to the partnership on March 20th at NVIDIA’s GPU Technology Conference (GTC), at NAB on April 16th and in a keynote talk at Beeple Studios Digital Art Death Match on May 4th.

According to Founder and CEO of Stability AI, Emad Mostaque, “I joined the Render Network advisory board to shape the future of decentralized computing and AI. My vision is to build next generation transparent, non-closed source AI models and leveraging the Render Network’s compute infrastructure to help ensure this doesn’t become the domain and provenance of a few centralized players.” Mostaque added, “We must democratize access to this powerful technology to enhance and enable creativity for all while innovating with integrity.”

“AI is profoundly changing the media and entertainment landscape, on par with the Internet and the advent of television,” said Ariel Emanuel, CEO of Endeavor. “Jules and his team have been pushing the boundaries of this kind of technology for more than two decades, before anyone was seriously thinking about GPUs for rendering, data centers, or AI. This partnership is an important step toward helping artists, creators, and rights holders control and manage their work and IP in the age of AI,” added Emanuel.

“Today’s partnership with Stability AI and Endeavor is a milestone that will shape the future of transparent, artist driven AI workflows and tools, powered at scale by decentralized computing, and allow creators and publishers to leverage their work and IP across training, inference, and rendering,” said CEO of OTOY and founder of the Render Network, Jules Urbach. “Our mission has always been to democratize emerging technology for artists and creators. To that end, our ongoing collaborative R&D work with Stability AI aims to bring production ready neural rendering to Octane and other 3D renderers in the coming year. And with SV3D, jointly announced between us today, the deep integration of Stability AI’s latest cutting edge 3D and multi-modal models designed and optimized for The Render Network, will also help accelerate the development of next generation AI with 3D production tools for creators,” added Urbach.

“When Octane introduced fast GPU Rendering for artists like me a decade ago, it changed everything. It allowed me to create my 3D everydays in near real time, giving me even greater control over the final image,” said digital artist Beeple. “I am excited for this partnership as I believe image to image AI filters will become an integral part of 3D workflows in the future, unleashing even more creativity and eventually giving artists even greater control over what’s possible. I see so much potential for further improvements to this process and am excited to be working towards this goal in collaboration with Ari, Emad, and Jules,” added Beeple.

About Stability AI

Stability AI is the world’s leading open source generative AI company. We deliver breakthrough, open-access AI models with minimal resource requirements in imaging, language, code and audio.

About The Render Network Foundation

The Render Network Foundation is the governance organization for the world’s leading decentralized compute network, the Render Network. The network connects node operators looking to monetize their idle GPU compute power with artists looking to scale intensive 3D-rendering work and with machine learning developers looking to train and tune AI models. Through a decentralized peer-to-peer network, the Render Network achieves unprecedented levels of scale, speed, and economic efficiency. For more information on Render Network Foundation, please visit https://renderfoundation.com.

About OTOY Inc.

OTOY Inc. is the definitive cloud graphics company, pioneering technology that is redefining content creation and delivery for media and entertainment organizations around the world. OTOY’s Academy Award®-winning technology is used by leading visual effects studios, artists, animators, designers, architects, and engineers, providing unprecedented creative freedom, new levels of realism, and new economics in content creation and distribution powered by the cloud. For more information, visit www.otoy.com.

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Covalent Achieves Rapid Token Buyback Growth, Surpassing $100K in Three Months 8397

Covalent has reported a significant growth in its token buyback program, buying +$100,000 worth of CQT from the open market since the launch in late January 2024. The mechanism utilizes revenue generated from Covalent’s API usage to purchase tokens, significantly enhancing the utility and value of the CQT token while fostering a sustainable ecosystem. Tokens accumulated through Covalent’s revenue mechanism will be awarded to network operators, effectively meeting the evolving demands of Web3 and fostering growth across innovative areas such as AI, DeFi, analytics, and governance.

Bringing Revenue Onchain to Support Long-Term Data Availability

The growth of Covalent’s onchain revenue mechanism plays a crucial role in reinforcing verifiable operations for the Ethereum ecosystem with a network of operators. Operators initially stake CQT and contribute data infrastructure, which ensures secure, historical, and verifiable access to blockchain data. This not only supports the network’s growth—but also underscores Covalent’s commitment to enhancing the infrastructure for the Ethereum Wayback Machine (EWM).

Covalent’s Onchain Revenue Mechanism

Network operators within the Covalent ecosystem play a critical role by performing cryptographic computations to establish a reliable and verifiable repository of historical blockchain data. Their contributions extend beyond data integrity to include testing, governance, and efforts to enhance the network’s reliability and scalability. With the goal of continuously bringing consistent offchain revenue onchain, Covalent is primed to utilize this mechanism to support the ongoing functionality of the CQT token in staking and governance.

During this initial phase, Covalent has witnessed over $100,000 worth of CQT being brought onchain. With steady growth in business revenue expected over the coming months, Covalent is projected to hit $180,000 worth of CQT through the token buyback program by the end of Q2– which will be distributed to operators as a network utility token, circulating back into the ecosystem and sustaining the network.

The introduction of the onchain revenue mechanism through token buybacks has a twofold impact on Covalent’s ecosystem. It strengthens the financial foundation of the network, enhancing its ability to fund operations and expand services without relying solely on external funding sources. Furthermore, this revenue mechanism enhances the intrinsic utility of the CQT token, aligning stakeholders’ interests with the long-term health and success of the network.

Looking Ahead: Sustainable Growth and Network Expansion

As Covalent prepares for the rollout of significant advancements, including the introduction of Olympic Light Client Operators later this year, its sustainable revenue model will be vital in supporting these innovations. With the network currently serving over 280 million wallets, this revenue mechanism is a major part in ensuring that Covalent remains dedicated to its core principles of decentralization and transparency, paving the way for continued utility of the EWM and Covalent’s long-term data availability.

About Covalent

Covalent (CQT) is shipping data infrastructure for the decentralized ecosystem, solving Long-Term Data Availability for Ethereum—infrastructure that can re-execute blobs and shape AI. With CQT staking now back on Ethereum, The New Dawn of network expansion towards the Ethereum Wayback Machine commences. Today, this means AI use cases have unfettered access to onchain data from over +225 blockchains and growing.

Trusted by Fidelity, Rainbow Wallet, Jump Crypto and more.

CeDeFiAi: Revolutionizing CeDeFi with unmatched security and seamless Ilintegration 8692

In the rapidly evolving world of cryptocurrencies and decentralized finance (DeFi), CeDeFiAi emerges as a trailblazer, addressing the industry’s most pressing challenges head-on. By offering a comprehensive suite of non-custodial tools and services, CeDeFiAi is poised to redefine the way users interact with their digital assets, bridging the gap between centralized finance (CeFi) and DeFi like never before.

At the heart of CeDeFiAi’s innovative platform is a commitment to addressing the fragmentation problem that has long plagued the crypto industry. By consolidating a wide array of blockchain networks, decentralized exchanges (DEXs), decentralized applications (dApps), and centralized exchanges (CEXs) under one roof, CeDeFiAi provides a unified, user-friendly experience that simplifies asset management and tracking.

CeDeFiAi’s platform is built upon the foundational principles of decentralization and user privacy. By utilizing cutting-edge Web3 login technology, CeDeFiAi ensures that users retain complete control over their funds at all times, eliminating the need for a third-party custodian. This approach not only enhances security but also empowers users with the freedom to manage their assets as they see fit.

In addition to its non-custodial approach, CeDeFiAi offers a comprehensive suite of CeDeFi tools that cater to both novice and experienced investors. From investment aggregators and pro trading terminals to multi-sig asset management and crypto lending solutions, the platform caters to a wide range of needs, fostering a more competitive ecosystem and driving further adoption of cryptocurrencies.

CeDeFiAi’s commitment to security extends beyond its non-custodial approach, with the platform employing state-of-the-art encryption and security protocols to safeguard users’ data and assets. This robust security framework ensures that users’ assets remain safe and secure, instilling confidence in the broader cryptocurrency ecosystem.

Furthermore, the integration of multiple chain opens up new avenues for seamless asset tracking and management, further cementing CeDeFiAi’s position as a leader in the crypto management space. As the platform continues to evolve and innovate, it stands as a shining example of the potential for DeFi to transform the financial landscape, offering users unprecedented control, security, and flexibility in managing their digital assets.

Investors looking to be a part of this exciting journey can do so by investing in the CeDeFiAi token (CDFI). The CDFI token not only offers a means to access CeDeFiAi’s cutting-edge platform but also represents a unique investment opportunity in the rapidly growing DeFi space. As the platform continues to evolve and innovate, the value of $CDFI is poised to grow, driven by increasing adoption and utility within the ecosystem.

In conclusion, CeDeFiAi represents the perfect marriage of security, user-friendliness, and comprehensive DeFi tools, all under one roof. Its commitment to addressing the fragmentation and security challenges faced by the industry makes it a beacon of hope for both novice and experienced investors. As CeDeFiAi continues to grow and evolve, the $CDFI token stands as a testament to the platform’s potential to redefine the digital asset management landscape. Don’t miss your chance to be a part of this exciting journey – invest in $CDFI and join the future of digital asset management.

Galxe Rolls Out GAL Staking with $5M Rewards Pool, Unlocking Exclusive Rewards through Galxe Earn 8875

Galxe, the leading web3 infrastructure and digital credential network, today announced the launch of GAL Staking, a new feature that grants users the ability to unlock exclusive rewards through Galxe Earn, a platform transforming how airdrop campaigns are conducted by offering smarter, precision-targeted airdrops.

Through GAL Staking, users gain access to Galxe Earn, utilizing their staked GAL tokens to participate in unique airdrop campaigns. This integration creates a dynamic synergy between staking and reward mechanisms, offering over 18 million active participants a more engaging and directly beneficial way to interact with the ecosystem. Powered by Galxe Quest, Galxe Earn enables direct engagement between projects and stakeholders such as token holders, NFT collectors, and social media followers. It allows projects to offer exclusive rewards, including whitelist spots and gated access to airdrops, thus enhancing engagement and extending the ecosystem’s reach.

“GAL Staking is a long-awaited addition to the Galxe ecosystem, designed to enhance how our community interacts with and benefits from our platform,” said Harry Zhang, co-founder of Galxe. “By staking GAL, users unlock access to the rewards pool through Galxe Earn and may potentially gain crucial voting rights in our governance system. This empowers them to directly influence strategic decisions and actively shape the evolution of Galxe. Our commitment to integrating substantial user incentives with profound governance roles exemplifies our dedication to fostering a truly decentralized and user-driven ecosystem.”

Exclusive Rewards and Strategic Partnerships

The genesis rewards pool of Galxe Earn includes major collaborations with Arbitrum, Polyhedra, and Merlin, distributing rewards close to $5 million in total. This initiative enhances user engagement by providing access to whitelist spots and gated airdrops, further supported by Galxe Quest, the leading platform for building web3 communities.

Seamless Staking Experience

The GAL Staking interface on Galxe’s website offers a user-friendly dashboard that presents essential information such as the total GAL staked, individual wallet addresses, and detailed staking activities. This interface allows users to easily engage with the platform by staking or unstaking GAL tokens, ensuring a flexible and informed staking experience. The dashboard is designed for simplicity, enabling users to monitor and manage their staking history and current status effectively.

This intuitive staking experience enhances user engagement by simplifying the staking process and ensures that participants can make informed decisions based on comprehensive, real-time data, reinforcing Galxe’s commitment to transparency and user empowerment in the evolving web3 space. For detailed instructions on how to participate, visit our Step-by-Step: GAL Staking guide.

Decentralized Community Engagement & Governance Upgrade

In conjunction with GAL Staking, Galxe is proposing a significant enhancement to its governance model. This proposal, if approved, would transition voting rights exclusively to GAL stakers, further democratizing the platform’s decision-making process. This change aims to deepen community engagement by ensuring that those who are actively participating and staking GAL have a more substantial influence over the strategic direction of the platform.

The proposal for this governance upgrade is now live, and Galxe encourages all stakeholders to participate in the discussion and vote. Interested parties can find more information and join the governance discussions at the Galxe Governance Forum. This initiative highlights Galxe’s commitment to fostering a participatory environment where community input drives growth and innovation.

About Galxe

Galxe is the leading web3 infrastructure and digital credential network, empowering seamless web3 experiences through modular AI, digital identity, and blockchain technologies. Central to the ecosystem, the Galxe Identity Protocol provides a foundational layer for secure and self-sovereign digital identity management. Alongside the protocol, Galxe’s product suite–Galxe Quest, Galxe Passport, Galxe Score, and Galxe Compass–supports the development of the next generation of web3 applications. With a vibrant community of over 18 million active users and partnerships with 4,900 brands, Galxe has proven itself as a pioneer and leader in digital identity solutions, fostering community growth, and enhancing user engagement. Dedicated to making web3 accessible to all, Galxe serves end-users and developers worldwide.

Spotrade.net analysis: A Trusted Destination for Unbiased Insights into Crypto and Forex Trading 9212

The evaluation of Spotrade.net review demonstrates that under the guidance of Russel Hengton, it’s poised to become a leading authority in crypto and forex trading. Russel Hengton’s leadership has positioned Spotrade as a frontrunner in these markets, aiming to redefine the landscape of independent product evaluations and expert recommendations. It aspires to be the go-to online hub for consumers seeking genuine insights into a wide array of products and services related to crypto and forex trading.

In today’s overwhelming sea of options, Spotrade.net review stands out as a beacon of clarity. With a wealth of unbiased, meticulously researched insights, the site covers everything from cutting-edge technologies to innovative strategies, catering to diverse trader interests.

“Our vision with the launch of Spotrade.net review is to empower traders with accurate, comprehensive insights they can rely on,” said Russel Hengton, the CEO and Founder of Spotrade. “We’re dedicated to being a trusted ally in the trader decision-making process, providing insights that help users navigate the dynamic world of crypto and forex trading. Our commitment lies in delivering sincere, unbiased evaluations that stand out in today’s marketplace.”

The strength of Spotrade.net review lies in its rigorous evaluation methodology. Products undergo scrutiny by seasoned traders, focusing on essential aspects such as performance, reliability, and overall value. The platform’s unwavering commitment to honesty and transparency in every insight cements Spotrade.net review as a trusted name in the trading sector.

Beyond product assessments, Spotrade offers informative guides, educational articles, and the latest industry updates, ensuring traders are well-informed about market trends. Whether it’s new crypto technologies or forex trading strategies, Spotrade.net review provides comprehensive and candid insights users can rely on.

As the digital landscape evolves, Spotrade remains steadfast in providing trader guidance. With its user-friendly interface, extensive coverage, and dedication to impartial insights, Spotrade.net review is set to become the ultimate online destination for traders seeking reliable product insights and savvy trading advice.

Spotrade.net review is an innovative online platform committed to delivering unbiased, detailed insights into crypto and forex trading. Focused on quality and trustworthiness, Spotrade.net review is poised to become an indispensable tool for traders navigating the dynamic world of trading.

Website: https://Spotrade.net

SolBlock AI Announces Fair Launch on PinkSale for AI-Driven Community Token 9208

The SolBlock AI team recently unveiled the date for its token fair launch on PinkSale. From April 22, users will be able to become early investors in this AI-driven community token. The main idea behind SolBlock AI is to promote decentralization in a new way. The team aims to give users ownership over their data while providing innovative Web3 features.

Fair Launch – A Step Towards a Decentralized Future

SolBlock AI’s fair launch on PinkSale is a major step toward a decentralized future. From April 22 to April 25, users can participate in the launch on PinkSale’s Solana Launchpad. The platform utilizes $SolBlock as its versatile utility token that powers various decentralized finance (DeFi) applications and transactions. Its use of the Solana blockchain enables fast, secure, and scalable solutions for DeFi activities, including lending, trading, borrowing, and yield farming. The token utility doesn’t stop there. Other benefits for $SolBlock holders include:

  • Participating in SolBlock DAO governance by staking their tokens and earning rewards.
  • Receiving a portion of earnings through revenue sharing with SolBlock AI and its partners.
  • Being rewarded for creating and curating content on the platform.
  • Using $SolBlock for advertisements, tips, swaps, trades, unlocking a premium tier, gaming, and metaverse dapps within SolBlock AI.

Through its advanced utility, $SolBlock practically serves as the fuel of the SolBlock AI platform.

Innovating Web3 – Distinctive Features

Beyond its token, it is important to highlight that the SolBlock AI project has several distinctive features. For starters, the team behind this project has been in the crypto world since 2013. After over 10 years of experience, this is far from being the team’s first venture. In terms of main products, here is what crypto enthusiasts can expect from SolBlock AI:

  • Customizable community town squares that cater to different usage scenarios.
  • An AI-driven DeFi launchpad for improved project launches and investor matching.
  • Encrypted communications, including video, voice, and chat, on a decentralized platform.

Using the Internet Computer, Solana, and IPFS ensures the entire platform is Web3 native. Moreover, its use of AI-driven data perfectly aligns with the current AI hype and adds a new dimension to DeFi. SolBlock AI is a project positioned at the right place and time, promising users the best of both worlds.

About SolBlock AI

SolBlock AI is a new AI-driven platform on Solana for DeFi and community engagement. As mentioned, this project leverages Solana for its ledger and utility token, as well as IPFS for on-chain storage. The decentralized architecture of the Internet Computer also offers computing capabilities while eliminating the need for bridgeless multi-chain transactions. There are almost no limits to what this team may accomplish through partnerships with other crypto ecosystems and projects. The upcoming fair launch on PinkSale will soon give early investors a chance to invest in this project.

XVC Tech Announces Strategic Investment in TradeTogether to Enhance Web3 Wealth Management 9009

XVC Tech, has invested in TradeTogether, a leading Web3 wealth manager based in Singapore. The venture capital firm founded by the creators of the XDC Network blockchain.

XDC Network’s ecosystem includes RWA dApps focusing on Private Credit (TradeFinex), Trade Finance (XDC Trade Network), tokenized gold (Comtech Gold) and tokenized US Treasuries (Yieldteq powered by Tradeteq).

Ritesh Kakkad, co-founder of XVC Tech, noted, “TradeTogether approached XVC with a strong emphasis on compliance, which is key in sectors like private credit and trade finance. We believe this focus on compliance will attract more institutional adoption, leading to increased utilization of the XDC Network’s use cases.”

Added TradeTogether’s CEO Geoff Ira, “XDC Network is a robust Enterprise-grade Layer 1 blockchain with a strong focus on Real-World Assets (RWA). We eagerly anticipate collaborating with XDC and its ecosystem of dApps to develop top-tier Web3-centric funds, driving intelligent capital into RWAs and Web3, while adhering to regulatory compliance standards.”

TradeTogether introduces two innovative investment options

  1. Firstly, the TradeTogether Bitcoin Advantage Fund, allows clients to invest in Bitcoin with added protection against market downturns, offering a better experience than traditional ETFs.
  2. Additionally, TradeTogether provides high-net-worth individuals and financial institutions with transparent solutions in tokenized bonds and Web3 products for receivable financing, moving away from the DeFi platform model.

TradeTogether has prominent co-investors such as Orbit Startups, Tenity, Boleh Ventures and Leo Ventures. Other Angel investors who participated in TradeTogether’s funding round since it’s inception includes Samuel Rhee (Chairman of Endowus), Varun Mittal (Group Head Innovation Singlife), Reuben Lai (Former Senior MD Grab Financial Group), Mx Kuok (KUOK Family), E. BABA de Rothschild (EGR Partners), Chandrima Das (Ex bento founder acquired by Grab), Nicolas Gallet (Gallet Capital), David Bachelier (CEO Asia at Flowdesk).

About XVC Tech

Founded by the co-founders of XDC Network, Atul Khekade and Ritesh Kakkad, XVC Tech is a US $125mn Fund focussed on exploring investment opportunities in NextGen Technology Solutions. Portfolio companies include DeGaming, a decentralized i-gaming infrastructure protocol, Bolero, a platform fractionalizing IP of music assets via smart contracts or Truflation, an oracle for RWA, indexes and inflation.

Current areas of focus include RWA, Web3 infrastructure, AI, and DePIN. For Web3 startups looking to make an impact, new investment opportunities are actively being sought. Users interested in learning more can visit XVC Tech at XVC.Tech to get in touch.

About XDC Network

The XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain, operational since 2019 focusing on Enterprise use cases such as Trade Finance, Payment and RWA tokenization. More details at: Xinfin.org

About TradeTogether

TradeTogether Pte Ltd is a pioneering Web3 digital asset management company based in Singapore. Operating under a regulatory exemption since October 25, 2021, TradeTogether is at the forefront of innovative financial solutions in the digital asset space. Led by CEO Geoff Ira, who has a strong background in the financial and banking industry. For more information, users can visit TradeTogether.com