Massive updates about the AI-focused L Chain project highlight a successful fundraising of over $5 million and significant interest. The project's current price is $0.4125, with a planned increase to $0.45. Key features include AI protocol, community involvement, and innovative mechanisms like the proof of intelligence model. The dashboard allows users to monitor their holdings and participate in token staking. The platform aims to create a decentralized infrastructure integrating artificial intelligence, blockchain, and governance, further promoting advanced AI computations like model training and optimization tasks.
Innovative AI consensus mechanism rewards nodes for valuable AI computations.
Includes AI virtual machine and framework for decentralized governance and AI integration.
The integration of an AI-specific virtual machine into L Chain represents a milestone in decentralized governance systems. By prioritizing the 'Proof of Intelligence' mechanism, the project enhances the reliability of contributions from its community while addressing challenges like network security and computation rewards.
Given L Chainβs successful fundraising and planned price increases, the project's market potential is significant. The emphasis on AI computation indicates a move towards more complex applications in decentralized finance, attracting investors interested in the AI and blockchain nexus, which is rapidly gaining traction in the tech industry.
It incentivizes users to perform AI computations, such as model training, enhancing the overall functionality of the L Chain protocol.
The IVM operates at the heart of the L Chain AI, enabling advanced artificial intelligence computations rather than standard EVM functionality.
L Chain is discussed primarily regarding its fundraising success and commitment to AI development within its announcements.
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