OpenLedger:

Goals: OpenLedger is developing a blockchain for artificial intelligence (AI), providing a decentralized infrastructure of trust for creating specialized language models. The project is focused on collecting and curating data through *"datanets", which will improve the quality and diversity of data for AI training.

* "Datanets" in the context of the OpenLedger project - is an innovative approach to collecting, curating, and distributing data for AI training. Here are the key aspects of the datanets concept:
 The main goal of datanets - is to provide a decentralized infrastructure for creating high-quality, specialized language models. This is achieved by engaging a wide community of participants in data curation and categorization.
Mechanism:
Data Curation: Participants in the testnet and other interested parties can participate in the data curation process, ensuring that the data used for AI training is accurate, diverse, and relevant.
Reward System: Participants receive rewards in the form of points for their participation in data curation, which can be converted into OPN tokens after the testnet.
Participation: Participation in datanets can include:
Running a node: Participants can run nodes that help in managing and distributing data across the network.
Task Completion: Daily tasks such as data classification, tagging, and verification may be available for participants.
Advantages:
Decentralization: Reduces dependence on centralized data storage, ensuring greater security and transparency.
Data Quality: Enhances the quality and diversity of data, leading to more effective and specialized AI models.
Community: Builds a community around AI development where participants can also benefit from their contributions.
Technology: OpenLedger uses blockchain to ensure the integrity and transparency of processes within datanets, ensuring that every data curation action can be tracked and rewarded.



Token Distribution: Up to 51% of the total token supply is allocated to the community, including testnet participants. This includes rewards for participating in the testnet, incentives for model creators and validators, developer grants, ambassador programs, block rewards, and partnerships for sustainable growth.
Rewards: Testnet participants earn points, which can later be converted into OPN tokens. Conversion rates and prices will be announced closer to the token generation event (TGE).

Investors:

At the time of writing this post, the project has raised $8m, according to sources, OpenLedger's investors include:
Polychain Capital
Borderless Capital
Finality Capital
Hash3
HashKey Capital
STIX
TRGC (TRG Capital)
Mask Network
MH Ventures
WAGMI Ventures

The investors also include angel investors such as:
Sreeram Kannan (EigenLabs)
Balaji Srinivasan
Sandeep Nailwal (Polygon)
Kenny Li (Manta)
Scott Moore (Gitcoin)
Chainyoda
Vyas Krishnan (EigenLabs)
Sebastien Borget (The Sandbox)
Alan Curtis (EigenLabs)
Trevor (Polymath)
Aniket Jindal (Biconomy)
Paul Taylor (former BlackRock employee)
Dino (Fluent Labs)

Sources:
https://markets.businessinsider.com/news/currencies/openledger-raises-8m-seed-round-led-by-polychain-capital-and-borderless-capital-1033523795
https://coinpaper.com/4690/open-ledger-raises-8-m-seed-round-led-by-polychain-capital-and-borderless-capital
https://www.thestreet.com/crypto/newsroom/openledger-raises-8m-seed-round-led-by-polychain-capital-and-borderless-capital



Participating in the Testnet:
Go to the official OpenLedger website (testnet.openledger.xyz).
You can use my referral: https://testnet.openledger.xyz/?referral_code=jsxz2vv4e4
Log in.
Download and install the OpenLedger Node Installer, compatible with Windows, Linux, Android, or as a browser extension (e.g., Chrome).
Run the node to contribute to the network by performing tasks related to data curation and categorization. (At the time of posting, downloading the desktop node for PC is not functioning, possibly due to technical maintenance).
Daily rewards are also present and working normally.

Deadline:
The testnet started on December 23, 2024 and is planned to end on February 22, 2025. These dates can be changed at OpenLedger's discretion.



Links:
Website: https://openledger.xyz
Testnet: https://testnet.openledger.xyz/
Referral link: https://testnet.openledger.xyz/?referral_code=jsxz2vv4e4
Telegram: https://t.me/openledgerofficial
Discord: https://discord.com/invite/OpenLedger
X : https://x.com/OpenledgerHQ