OpenLedger @OpenledgerHQ This project, to be honest, I've been researching for a while, and I find it quite interesting!!! 1️⃣ Project Positioning and Core Highlights First, let's talk about what this project is really about. In simple terms, it aims to combine AI and blockchain to create a decentralized AI development platform. Sounds impressive, right? But upon closer inspection, it indeed has some substance! 🔥 Core Highlights Analysis: The Model Factory feature is quite impressive, claiming to train AI models without code, allowing ordinary people to participate in AI development. The OpenLoRA technology reportedly reduces GPU memory usage to 8-12GB, with model switching time under 100ms, and throughput reaching over 2000 tokens/second! If this data is true, it's indeed very strong! The PoA (Proof of Attribution) mechanism is also interesting, as it can track the contribution sources of AI models, allowing developers to receive their rightful earnings. This addresses the issue of quantifying contributions in traditional AI development. 2️⃣ Funding, Market Performance, and Development Prospects 💰 Funding situation is quite good: In July 2024, they completed a $11.2 million seed round financing, led by Polychain Capital and Borderless Capital. The list of investors is quite impressive, including EigenLayer's Sreeram Kannan and big names like Balaji Srinivasan. Recently, they announced an additional $25 million to fund AI blockchain startups, indicating that funding is relatively abundant. 📊 Market Performance and Progress: Currently still in the testnet phase, but the browser plugin OpenLedger Node has already seen hundreds of thousands of downloads. The collaboration with Trust Wallet is also promising, as Trust Wallet has over 200 million users. If they can truly integrate AI features, the user experience will indeed improve significantly. The global AI market is expected to grow at a compound annual growth rate of 33.8% from 2024 to 2033, increasing from $184 billion to $2.5 trillion. If OpenLedger can establish a foothold in this space, the potential is quite large. 3️⃣ Risk Analysis and Personal Opinion ⚠️ Risk points also need to be mentioned: The project is still in its early stages, and the technical implementation is quite challenging. The combination of AI and blockchain sounds flashy, but there will be many technical challenges in actual deployment. There are also many competitors; established projects like Ocean Protocol have been deeply involved in the data market for years. The volatility of the crypto market and regulatory uncertainties are also issues. 🤔 Personal view: The concept of OpenLedger is indeed good, and the technical route is relatively clear. However, whether it can truly be implemented will depend on subsequent execution. The direction of combining AI and blockchain is correct, but the technical threshold is high and requires time to validate. Risk is on you, brothers! Look at it rationally, and don't follow blindly!!! @KaitoAI