Some of the earliest blockchain adopters are deeply “attached” to themselves in decentralized AI, with ecosystems such as BittSenor (Person) emerging as growth engines. These platforms are reshaping traditional venture capital models, which enables the best ideas to attract organic community support, staking and liquidity without the need for institutional gatekeepers.
That’s one of the main takeaways from Cointelegraph’s interview with Chris Migline, co-founder and CEO of DNA Fund, a digital asset investment firm that he runs with fellow serial traders Brock Peirce and Scott Walker.
The DNA fund is in charge, among other things, five unique funds throughout the range of techniques, such as a high yield fund, an algorithmic trading fund, an AI compute fund, a liquid token fund and a adventure fund-serving fellow company and investor capital.
Migino, who posted a cointelegraph at an event at the DNA House during a consensus conference in Toronto, Canada, was particularly excited about the Computer Computer Computer Fund.
“The biggest thing we work for in the whole ecosystem is our AI Compute Fund, where we have been in touch with the human ecosystem,” said Miglino, Refer to the bittensora decentralized, open-source machine learning network.
Bittensor supporters said the network was standing for its subnets, which enabled the specialized, based in incentive markets built around a specific case of machine learning use.
DNA funds are “active mining in various subnets,” which has made about $ 50 million worth of compute to human ecosystems, Miglino said.
“We are ready and ready to talk to anyone who wants to launch within that ecosystem,” he said.
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‘Decentralized Ai is consuming everything we do’
Decentralized Ai – The framework for developing and removing artificial intelligence systems in a shared network rather than a centralized authority – is currently the main focus of the DNA house, Miglino said.
This is “depleting everything we do,” he said.
For Miglino, this paradigbon has the opportunity to be “bigger than anything else that exists (…) I think there’s a chance to be bigger than Bitcoin.”
While it may appear as a herculean task, given to Bitcoin (Btc) $ 2.1 trillion market cap and status as the first successful decentralized financial system of the information age, technological extensively that AI has deeply reinstated human society.
The DNA House estimates that ecosystems such as Bittensor will drive that change in a decentralized way by offering developers the ability to launch businesses without having to raise capital:
“Develop in the ecosystem, get validators who believe in your idea, (and) to attract miners and validators and all of a sudden you are in business. You do not have to go out and raise a ton of money from a bunch of VCs.”
The idea that AI’s future will be decentralized is far from the pendant. One of the earliest pioneers of artificial general intelligence, Ben GoertzelCointelegraph said he realized the need for decentralization in AI until the early 1990s, before writing his first line of the AI code.
https://www.youtube.com/watch?v=fykm3ka_lzu
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