LayerAI ($LAI)?
LayerAI is the dedicated blockchain network for data monetization within AI models.
LayerAI functions as a sophisticated ecosystem strategically crafted to expedite the rise of the data economy. It aims to do so through the utilization of cutting-edge advancements in both web2 and web3, along with the integration of a tokenized economic framework.
The LayerAI ecosystem empowers individuals to step into a transformative epoch where they can own, control, and capitalize on their most substantial digital asset – Data.
At a glance: the components of the LayerAI ecosystem
- zkRollup Layer-2 blockchain network, built with PolygonCDK
- LayerVPN, a VPN built to function as a node
- KyotoX, a decentralized exchange and lending platform for AI projects
- Layer Marketplace, the NFT marketplace to transact Data Capsule NFTs
- LayerAI App, a data economy app to purchase/sell Data Capsule NFTs and collect rewards
LayerAI ecosystem establishes data as an emerging asset class to contribute to a trillion dollar global data & AI economy.
ZK Layer-2 Network
LayerAI builds its own zero-knowledge layer-2 network on top of Ethereum, using a low-cost, secure, safe, and private zkRollup technology to turn data into a valuable asset.
ZK-rollups are a secure method of storing and sharing information online. They are different from other systems because they use trustless cryptographic setups to ensure security. This means that instead of relying on honest validators and sequencers like optimistic rollups, ZK-rollups use special codes to keep information safe.
ZK-rollups use validity proofs to authenticate off-chain transactions. This helps prevent operators from making incorrect changes to the Ethereum state. With these proofs, ZK-rollups can update the state of their host Layer-1 blockchains by storing compressed transaction data on-chain. This helps ensure security, decentralization, and resistance to censorship.
Another advantage of ZK-rollups is that they are faster than other systems. With ZK-rollups, transaction finality periods are shorter because they only need the blockchain to verify validity proofs submitted by the sequencers. This means that withdrawal delays are minimal and there is greater capital efficiency for users.
ZK-rollups are also more cost-effective than other systems. They use excellent data compression techniques, which reduces the cost of publishing data on-chain. This results in lower fees for users.
Finally, ZK-rollups do not require users to validate the blockchain to protect their assets. This is because they do not depend on liveness assumptions. Unlike some sidechains and scaling solutions, ZK-rollups do not require extra work from users to ensure the safety of their information.
Advantages of our ZK Layer-2
Scalable Layer-2
LayerAI is a layer-2 that uses zkRollup technology.
The unique EVM-compliance makes the protocol open to massive codebase libraries, enabling easy and rapid onramp of developers and users.
Truly Distributed
LayerAI is carefully designed to be a network uncontrollable by centralized influence. The mining model and security align with activity. #ProofOfActivity ensures the network’s security increases in parallel to adoption.
Totally Limitless
Immensely scalable, ultra low-cost transactions combine with empowering infrastructure – data capsules, AI tooling, pluggable earn launcher – to create a blockchain that can expand the abilities of the global economy with the economics of AI.
LayerAI ZK Layer-2 is utilizing Polygon's CDK as the backend infrastructure to guarantee correct execution, uptime, and scalability of the network.
Building in this way allows LayerAI to rely on a tested ecosystem and drastically lower the time needed to deploy, test, maintain, and release our blockchain.
LayerVPN Node
LayerVPN is LayerAI’s native VPN solution that also functions as a data node.
LayerVPN can be accessed via: layervpn.com
Users, upon downloading LayerVPN and having equipped their Data Capsule, are able to earn reward tokens for browsing the web.
The user's LayerVPN account is paired with their account on the LayerAI Economy App, which functions as a web3 hub of the LayerAI economy.
Wihin the LayerAI Economy app, users may purchase Data Capsule NFTs, receive rewards for browsing the Internet and contributing data, and partake in LayerAI social hub.
Using a VPN (virtual private network) is the most uncomplicated and efficient method for individuals to safeguard their internet activity and maintain their anonymity while online. Once you connect to a secure VPN server, your internet traffic is routed through an encrypted tunnel that is inaccessible to anyone, including cybercriminals, authorities, and your internet service provider.
Using LayerVPN, besides earning for contributing data, offers many benefits:
- 1.Enhanced Security: VPNs encrypt your internet traffic, protecting sensitive information from hackers.
- 2.Anonymity: VPNs hide your IP address, ensuring online privacy and anonymous browsing.
- 3.Access to Geo-Restricted Content: VPNs unblock websites and services restricted in your region.
- 4.Improved Performance: VPNs enhance internet speed, reducing latency and preventing throttling.
- 5.Remote Access: VPNs enable remote access to company networks from anywhere in the world.
LayerVPN, paired with the LayerAI Economy app, will enable earning from contributing data to the network.
KyotoX DeFi Hub
KyotoX is the DeFi Layer inside LayerAI that functions as a decentralized finance hub. This makes it the go-to financial product for every tokenized AI startup that achieves scale.
KyotoX can be accessed via: kyotox.com
Core components of KyotoX Hub:
- Decentralized Exchange for AI-oriented tokens. It currently supports ERC-20 standard tokens, but will implement LayerAI network upon its mainnet release.
- Lending market for AI-oriented tokens. Major assets in the AI subcategory can be used as a collateral to take out loans in a decentralized and permissionless manner.
- LP & Vesting tool for AI communities. An important component of sustainable web3 ecosystems that allows to independently verify & ensure the timely vesting of assets.
- Decentralized launchpad. New AI developments with integrated web3 economic models can access KyotoX launchpad to conduct sales of their native assets.
Layer Marketplace
Layer Marketplace is the native NFT Marketplace on LayerAI, where users can transact Data Capsule NFTs.
Data Capsules enable earning from contributing data to the ecosystem. As NFTs, Data Capsules are traded on the Layer Marketplace.
Layer Marketplace is the gateway for retail users to earn by browsing. It allows to buy and sell data capsules - that allow to monetize your behavioral data.
This is where we meet and onboard new users to set them up to thrive in the LayerAI ecosystem.
Layer Marketplace has two distinct user experiences - for existing (experienced) and new (retail) community members. New users will enter the ecosystem by buying a Data Capsule from pre-existing users.
Layer Marketplace will act as a complete user on-ramp: from choosing & acquiring your Data Capsule to earning within our network.
A mobile experience: fit for the masses, destined for mainstream adoption, with the added incentive of attracting users via 2-earn.
Upon deployment, Layer Marketplace offers secondary market liquidity for pre-existing users: where retail audience can buy Data Capsules from existing community members to enter AI2Earn.
LAI Token
The LAI token is the first of its kind multi-value gas token. It has necessary demand as fuel for network transactions. It is topped up with value funnels from validator staking, cash flow from Core products, and power of fee treasury which can be deployed for liquidity events like buy backs, burns, and/or expanded yield.
As the first of its kind multi-value native asset, LAI tokens have ecosystem value beyond gas. The tokens can be staked or held for a variety of powerful utilities.
- Discounts. LAI token stakers can unlock discounts across a variety of ecosystem products, particularly the LAI Data Market. This utility has the potential to drive mass distribution, with each participant in the ecosystem having a serious incentive to lock up LAI.
- Liquidity. As the native asset of the ecosystem and unstoppable decentralized gas token, LAI cannot be censored, making it a powerful money for the data economy it builds. Data miners and buyers transacting in LAI have the benefit of immediate liquidity and forego the fees of having to trade in/out of other money.
- Network Validation. LAI token stakers lock up their position to validate the network. These can be delegated as well. The ecosystem nodes in turn earn a portion of block rewards, which mature to be sustained by network transaction fees.
The $LAI token economy is rich in liquidity funnels. The community DAO is fed a % of the ecosystem fees. The DAO reserves the ability to vote $LAI token burns with these fees. The calculator below helps estimate the burns possible from purely the app launcher, as insight into token projections. It’s important to note there’s many other liquidity funnels, like capsule fees, staking slashing, Core app fees, etc.
Community
https://twitter.com/LayerAIorg
https://t.me/LayerAI_org
Resources:
https://docs.layerai.org/
https://layerai.org/
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