Lumerin to Launch Testnet Node of Decentralized AI Compute on The Morpheus AI Network
10 Mayo 2024 - 7:32AM
Lumerin, a protocol and foundational layer technology using
smart contracts to control how P2P data streams are accessed,
routed, and transacted, today announced its testnet node for
decentralized artificial intelligence (AI) compute will go live in
Q2 or Q3 on the Morpheus AI network. The Lumerin team are
avid code contributors and, upon seeing the opportunity represented
by Morpheus, contributed codebase that was years in the making and
battle-tested. Lumerin’s testnet node is a key step in developing
applications that use AI to make Web3 applications more accessible,
transparent, and efficient for consumers and businesses alike.
Why Decentralize AI?
Centralized AI models are more prone to inherent biases and
increase the risk of censorship and monopoly. Decentralized AI
on-chain democratizes access to data and intelligence and ensures
better transparency and accountability with open testing benchmarks
without the need to rely on flawed, centralized
frameworks.
Lumerin Powers The Morpheus AI Network
Lumerin is leveraging its existing codebase to build the core
node software for Morpheus, a decentralized AI network that
connects users, compute providers, and personal AIs, called Smart
Agents, in a seamless Web3 ecosystem. Key benefits
include:
- Permissionless Access to Personal AIs – Open, transparent,
equitable access to public and private AI models.
- Decentralized Al Data Routing – Secure, reliable, and
efficient allocation of AI resources across the network and within
any AI services marketplace.
- Censorship Resistant – Democratic access to AI that
protects data and user privacy.
- Crypto Payments for AIs – More freedom, better usability,
and rewards for Smart Agent providers using crypto payment
rails.
- AI Marketplace – A highly cost-effective, accessible
two-sided market for AI services where users and AI service
providers transact directly.
"Our code contribution to Morpheus represents a vision of a
future where individuals have complete control over their data and
their privacy, free from the shackles of government censorship and
corporate interests,” said Lumerin project leader, Ryan Condron.
“Together we’re on a mission to use decentralized AI to help grow
and make Web3 applications more accessible, transparent, and
efficient for everyone.”
On Friday, May 10 at 1p ET, Lumerin and Morpheus will host the
Spaces session, “Why Decentralized AI Matters,” where community
members can join to discuss and learn more about this dynamic
topic.
The Utility of MOR Token
Like ETH for Ethereum, MOR is the underlying token and main
asset for AI projects launched on the Morpheus network. The main
utility of MOR is access to AI compute for holders and rewards for
capital and code contributors. In addition, holders will eventually
be able to stake MOR towards their favorite Smart Agents and front
ends, allowing users to be rewarded in those entities’ native
tokens.
MOR can only be earned or purchased. Running on Arbitrum, MOR is
now on Uniswap. MOR rewards for capital and code contributors will
be available for claim by visiting the MOR Dashboard.
An FAQ and complete details about the MOR token is
available here.
About Lumerin
Lumerin is an open-source protocol and foundational layer
technology that uses smart contracts to control how P2P data
streams are accessed, routed, and transacted. Live on Arbitrum,
Lumerin’s first use case is the world’s first peer-to-peer,
decentralized marketplace for trading Bitcoin hashpower. Lumerin is
currently being leveraged to decentralize and more efficiently
allocate AI compute power and, as its ecosystem expands, will
enable novel applications on DePIN and the tokenization of
real-world assets (RWAs). Lumerin can also enable encrypted video
and audio streams, permissioned communications, and programmable
data streams and digital assets like NFTs and more. Founded in
2021, Lumerin’s strategic partners include Bloq, Hive Blockchain,
Fenbushi Capital and Outlier Ventures, among others.
For more info, visit https://lumerin.io/.
Alexa K
Head of Marketing
Lumerin
alexa (at) lumerin.io