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CryptoGPT (LayerAI) LAI

LayerAI (LAI), formerly known as CryptoGPT, is a blockchain-based initiative that integrates blockchain technology with artificial intelligence (AI) for data monetization. By combining the zkRollup Layer-2 blockchain with a Data-to-AI Engine, it offers a secure and scalable platform that tackles the underutilization of blockchain. 

LayerAI allows users to monetize their data while maintaining privacy and security through encryption and anonymization. The project's primary objective is to integrate blockchain technology into numerous parts of life, including healthcare, supply chain management, sports, and gaming.

What is LayerAI (LAI)?

LayerAI is a blockchain network dedicated to AI models and web3 services. Its ecosystem includes various components such as a scaling system, a VPN, a DEX, an NFT marketplace, and a data monetization app. The primary mission of LayerAI is to develop a system that supports the data economy. 

The LayerAI team views data as an emerging asset class that is often overlooked. Vast amounts of data are collected during everyday electronic usage, and companies are highly interested in purchasing this behavioral data to enhance their marketing and product development efforts. LayerAI aims to provide robust cloud computing services capable of handling the immense data collected and reward users for contributing data to the LayerAI economy app.

Beyond fostering the data economy, LayerAI is also focused on various tools that integrate AI models. The team believes their superior data compression techniques can benefit other high-demand crypto applications. To this end, they have developed a LayerAI ecosystem that explores a range of services, including private ZK-rollup technology and VPNs.

Founders & Team 

LayerAI is a rebranded version of a former crypto project known as CryptoGPT, originally led by Jamila Jelani. Information about Jelani, the initial founder, is scarce, and she is no longer involved with LayerAI. 

The official founder of LayerAI is now Dejan Erja, a full-stack developer with experience in various crypto projects since 2021. He is supported by a team of developers and marketers who share an interest in blockchain technology. Motivated by the increasing interest in AI, they aimed to establish a global data marketplace powered by AI and crypto technology.

Working of LayerAI (LAI)

LayerAI operates as a Layer 2 blockchain on Ethereum, meaning it runs a parallel network that leverages Ethereum's processing power to deliver a secure and reliable framework for advanced cloud computing services. While utilizing Ethereum for security, LayerAI employs its own software and protocols to process data in innovative ways. Its Layer 2 technology enables unique capabilities, such as establishing an on-chain data publishing system and using zero-knowledge proofs for superior data compression.

Built with Polygon's Chain Development Kit (CDK), LayerAI benefits from this modular toolkit for managing its back-end infrastructure and data capsules. The CDK ensures EVM compatibility for all of LayerAI's designs while also offering the flexibility to set custom gas fees and maintain self-sovereignty.

Features & Use Cases

▪️ Blockchain-AI Integration: LayerAI combines blockchain technology and artificial intelligence (AI) by developing a Layer-2 blockchain with zkRollup technology. This integration ensures secure and private transactions while leveraging AI capabilities for data monetization.

▪️ Data-to-AI Engine: LayerAI's Data-to-AI Engine is designed to collect, process, encrypt, and package data for commercial use. This engine enables the application of data in AI models across a range of industries.

▪️ Data Monetization: LayerAI allows users to monetize their data, providing them with opportunities to earn by supplying high-quality data for training advanced AI algorithms.

▪️ LAI Data Market: Central to the ecosystem is the LAI Data Market, a platform for developers and enterprises to ethically share authorized data with potential buyers. This marketplace aims to disrupt global data trade dynamics by empowering individuals.

▪️ Data Capsules: Data Capsules are non-fungible tokens (NFTs) representing the unique data imprint of each data miner. These capsules can be purchased directly by end-users or distributed within the ecosystem.

Latest & Future Developments

LayerAI is set to launch its new Web3 browser, BrowseWeb3, expanding its already extensive ecosystem. This blockchain company, with a user base exceeding 1 million, has generated significant anticipation for BrowseWeb3 among its users. 

The browser will consolidate all essential Web3 products into a single platform, featuring an in-built wallet, VPN, and AI2earn capabilities. These features make BrowseWeb3 a superior alternative to traditional web browsers.

Designed with a simple user interface, BrowseWeb3 aims to deliver an optimal user experience with minimal ads. It offers robust features to ensure safe and private connections, safeguarding user data from hackers and third parties. Additionally, users can surf the internet anonymously and retain full control over their data.