BasedAI's ‘CYAN’ Testnet Launch!

Written By OG Pepecoin

Guest Author: NinjaKitty

On June 17, 2024, the team was excited to launch BasedAI’s second and final testnet, CYAN. This release marks a pivotal moment in the journey towards the mainnet. In an X / tweet thread that can be found here, high-level release notes were shared with the community.

Here’s an in-depth look at what CYAN has added to make it a revolutionary testnet upgrade:

1. Tokenized AI 🚀

CYAN introduces full EVM support, a major leap forward in decentralizing AI. This allows BasedAI’s compute layer to deploy tokenized LLMs, ML models, and raw compute power. Here’s what that means for you:

  • Community LLAMA: Run a community-driven version of the LLAMA model, enabling collective intelligence and innovation.

  • GPU Miner Hosting: Create a network of GPU miners and reward them with tokens for their contributions, fostering a robust and collaborative ecosystem.

This tokenization not only incentivizes participation but also democratizes access to powerful AI models, making advanced technology available to a broader audience.

2. AI to AI DeFi 🌍

The integration of models with smart contracts opens up new horizons in decentralized finance. Here’s how it works:

  • Autonomous Interactions: Models can engage in DeFi activities autonomously, sharing compute resources or exchanging tokens without human intervention.

  • Smart Contract Synergy: By leveraging smart contract-to-smart contract interactions, AI models can collaborate and optimize resource allocation efficiently.

This AI-to-AI DeFi capability fosters an ecosystem where models can dynamically interact, enhancing their functionality and utility.

3. Simplified User Experience 🔗

CYAN is designed with user-friendliness at its core, making advanced technology accessible to everyone:

  • MetaMask Integration: Instantly accessible to over 30 million MetaMask users, CYAN ensures seamless integration with existing tools.

  • Custom RPC Support: Platforms that support custom RPC settings can easily connect to CYAN, broadening its usability.

  • Effortless Token Management: Manage your tokens directly through MetaMask, simplifying transactions and interactions within the BasedAI ecosystem.

This streamlined user experience lowers the barrier to entry, allowing more users to participate in the BasedAI network.

A little Tease?

There was a teaser dropped about something more coming to mainnet. The tweet said “Study Up” and dropped this whitepaper link about “Agents” 👀

What's Next?

These advancements in the CYAN testnet set the stage for an unparalleled mainnet launch. By joining BasedAI, you become part of a transformative movement in decentralized AI and blockchain technology. Stay engaged, stay informed, and get ready for the future with BasedAI! For more information on how to get started in testing CYAN, comprehensive notes can be found on the Based Labs site here.

OG Pepecoin
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