Nuklai — how to make money on the AI-token hype? A breakdown of a project at the intersection of technologies
Nuklai is an innovative new L1 blockchain combining crypto with neural networks, LLM, and world-class big data.
Artificial intelligence and big data have long been as pervasive as electricity. The rapidly growing industry needs infrastructure and security to operate efficiently. Nuklai aims to do precisely this. Blockchain helps businesses use data more efficiently and turns it into smart data.
Nuklai offers a more efficient way to handle critical information to all corporations looking to innovate. Those willing to innovate first tend to quickly gain an advantage and advance in the fierce market race. This is precisely the kind of company Nuklai’s solutions are aimed at. The pioneering spirit is nice and close to many crypto enthusiasts so that we can expect strong interest from the community.
The most essential factor in evaluating any crypto startup is practicality. Nuklai clearly and understandably explains who will need their product and why. Unlike many projects that use popular technologies for hype, Nuklai has sustainable and understandable use cases. Blockchain benefits both businesses and consumers.
Nuklai uses data contextualization (the process of ‘enriching’ raw data with metadata layers and descriptions without disclosure). With this approach, businesses can train neural networks safely and quickly. At the core of Nuklai is a 3-step technology:
- Generalization of data formats
- Community access to AI training
- Making the data available to various applications and monetizing it
With the introduction of intelligent databases, the startup aims for interoperability — the primary term of Web4, the next generation of the Internet, focusing on the synergy of neural networks and blockchain. In addition to emphasizing utility and future trends, Nuklai is also confidently tapping into what’s relevant in the crypto market.
AI tokens have seen astounding growth over the past few months, peaking in February when trading volumes and market valuations on many exchanges skyrocketed. According to Bitget, the AI tokens grew 400% in February, reaching a total market capitalization of over $39 billion. The average market capitalization of AI tokens rose 77% in February, and the daily number of traders increased by 80%. Between 15 and 29 February, there was a 480% spike in trading volumes. It’s important to note that the sector is still in its infancy and, therefore, easier to make money on, as with all HYIPs.
Investment firm VanEck believes AI tokens could play a key role in solving the problem of digital ownership and data verification by ensuring the authenticity of content created by neural networks.
Nuklai was developed based on Avalanche. Because of this, the project promises a powerful consensus mechanism and high throughput. The developers focus on specific functions of working with data, and their blockchain consists of two layers:
- 1 layer for validation and security
- 2 — a computational layer optimized for AI training and data processing.
The two-layer approach and strategic distributed computing partnerships demonstrate the unique synergy of blockchain and neural networks.
Another exciting innovation of Nuklai is the “edit to earn” economic model with a native token in the center. The startup plans to reward users for their participation in improving data, which corporations will use.
Nuklai demonstrates a significant leap forward using blockchain, neural networks, and big data. As it develops, the startup promises to become an essential player in the next wave of AI development.
Nuklai has attracted much attention, with over 50K subscribed to their X, >20K on Telegram, and >11K on Discord. The hopes of the community are in the hands of people with a lot of experience in the crypto industry: the CEO launched the DeFi project Nexera with over a hundred partnerships, the head of the ecosystem is an expert in Web3 business models, a bizdev with a background in AI, and advisors with 15 years of experience in data science and work at Nexera and Nuant. Multiple crypto companies have already believed in the startup; Nuklai’s list of partnerships includes Chainlink, SSA group, Self Chain, GPU.net, and others.
The launch date and terms and conditions will be announced soon. Stay tuned to X and Telegram for updates.
