Open launches WEBisOpen point system to incentivize user interaction with ecosystem projects using OVM
From Investing.com
January 7, 2025 4:00:34 am:
Open has launched a Webisopen point system, granting users $OPEN points for interacting with selected ecosystem projects like AISweat.Shop and Overlord.bot. Points from previous campaigns will be bridged to $OPEN. The exact calculation and utilities of $OPEN points are yet to be disclosed. Open’s core technology is the Open Virtual Machine (OVM), enabling limitless, scalable, decentralized compute power for applications like AI training and scientific simulations. OVM serves as a bridge between blockchain immutability and decentralized compute, supporting advanced computations like AI and financial models. OVM also enables on-chain AI and machine learning computations, supporting applications like autonomous trader AI agents and predictive models. AiSweat.Shop is an example of an AI infrastructure built on Open, allowing deployment of autonomous AI agents with decentralized financial abilities. The Open Virtual Machine offers verifiable decentralized science, allowing genomic analysis on the Open DeSci Platform. OVM ensures verifiability, reproducibility, and secure data processing for scientific research. OVM extends blockchain functionality by enabling decentralized compute, ideal for complex financial modeling and gaming simulations. The Open Ecosystem includes projects in AI, information, socials, finance, and more, accelerating the development of the open web. Open is a series of endeavors aimed at advancing the Open Web, providing a Data and Compute Wormhole for verifiable AI and DeSci innovations.
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