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You are at:Home » LibertAI Integrates $LTAI Token on Coinbase’s Base
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LibertAI Integrates $LTAI Token on Coinbase’s Base

“To compete with the large monopolistic companies dominating the AI industry, we need more awareness around AI privacy and the right foundations to enable this vision," said Jonathan Schemoul, lead contributor to LibertAI.
Arun ShakyawarBy Arun ShakyawarJune 18, 2024No Comments2 Mins Read
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LibertAI Integrates $LTAI Token on Coinbase’s Base
LibertAI Integrates $LTAI Token on Coinbase’s Base
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LibertAI has integrated its native token, $LTAI, onto Coinbase’s Layer 2 blockchain, Base. This integration marks a pivotal step in advancing AI capabilities within decentralized ecosystems, aiming to counter the dominance of centralized tech giants plagued by privacy concerns and data vulnerabilities.

LibertAI decentralized AI engine hosted on the Aleph.im network champions principles of privacy, transparency, and open-source collaboration.

“To compete with the large monopolistic companies dominating the AI industry, we need more awareness around AI privacy and the right foundations to enable this vision,” stated Jonathan Schemoul, lead contributor to LibertAI and co-founder of aleph.im.

This integration leverages Base’s robust infrastructure to amplify awareness and accessibility of privacy-focused AI solutions to a broader audience.

The core of LibertAI’s initiative lies in its comprehensive ecosystem tailored for hybrid AI and Web3 applications. Initially gaining traction with a chat app and APIs that have processed over 1.7 million text completions, LibertAI now extends its capabilities with an AI Engine powering diverse functionalities. This engine utilizes open-source models to create personalized AI personas and native Web3 applications, leveraging $LTAI for seamless payment and computational resource access.

Key to LibertAI’s architecture is its Confidential Inference protocol, ensuring encrypted and privately stored data on distributed networks. Integration with Aleph.im’s computing DePIN enhances security in AI data mapping and training, utilizing distributed CPU and GPU resources cost-effectively. Aleph.im, with esteemed clients like Ubisoft and Synaps, bolsters LibertAI’s commitment to secure, scalable AI solutions.

The $LTAI token itself serves as a pivotal component in LibertAI’s ecosystem, facilitating native payment rails and enabling advanced DeFi functionalities on Base. Users can access enhanced AI models, personalized knowledge bases, and API plans, while incentivizing hardware provisioning and model improvements through token rewards.

Looking forward, LibertAI envisions diverse applications empowered by its Web3 capabilities, including secure data processing for enterprises, AI-driven decision-making for decentralized autonomous organizations (DAOs), and innovative NFT creations with verified generative biographies for gaming.

By deploying $LTAI on Base, LibertAI taps into a robust DeFi ecosystem supporting automatic token conversions, stablecoin interactions, and fluid payment mechanisms via Superfluid. Lending and borrowing functionalities further foster a self-sustaining economy for AI agents, positioning LibertAI as a frontrunner in decentralized AI innovation.

Base.org Coinbase
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Arun Shakyawar
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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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