LayerAI

LayerAI (LAI) is a zero-knowledge (ZK) Layer-2 blockchain built on Ethereum, designed to enhance the AI development landscape. It aims to create a comprehensive ecosystem for data and AI integration, tapping into the growing value of data in the AI sector. The current live price of LAI is $0.011223, with a market cap of $3,568,772.44 and a circulating supply of 318,000,000 LAI tokens. LayerAI ranks #1027 in the cryptocurrency market, with a fully diluted valuation of $33,667,664.49.

LayerAI’s blockchain technology employs zkRollup for secure, private, and scalable transactions. This technology transforms data into valuable assets, supporting various industries, including healthcare, finance, and advertising. The platform features several core components: the Data Economy App, AI data capsule NFTs, and LayerVPN, which collectively facilitate data monetisation and AI model enhancement.

The LAI token serves as the network’s primary utility asset, supporting transactions and enabling various functions within the LayerAI ecosystem. It benefits from validator staking, ecosystem income, and treasury-managed liquidity events such as buy-backs and token burns. LAI stakers can also access discounts and participate in network validation.

LayerAI’s mission is to leverage AI and data to establish a trillion-dollar data economy. It offers a decentralised data marketplace and incentivises users through its AI-to-Earn models, where users can earn rewards for sharing data. This approach aims to democratise access to high-quality data and foster widespread adoption across sectors.
 

LayerAI was founded to integrate blockchain technology with the burgeoning field of artificial intelligence (AI). The project's vision was to leverage the unique attributes of blockchain, particularly its decentralisation and security, to address the growing demand for high-quality data in AI development.

The inception of LayerAI can be traced back to early 2021 when the team recognised the potential for combining blockchain and AI to revolutionise data management and monetisation. The platform was built on the Ethereum blockchain, utilising zero-knowledge (ZK) roll-up technology to ensure secure and private transactions while maintaining scalability. This technological choice was central to LayerAI’s goal of creating a robust ecosystem for data and AI integration.

In 2022, LayerAI launched its core products, including the Data Economy App, AI data capsule NFTs, and LayerVPN. These components were designed to facilitate the monetisation of user data and enhance AI models. The Data Economy App serves as a web3 hub for users to manage and monetise their data, while AI data capsule NFTs represent datasets acquired from user activities. LayerVPN, another key feature, offers users rewards for browsing the web, integrating seamlessly with the platform's data economy.

The LAI token was introduced as the native asset of the LayerAI ecosystem. It functions as a multi-value gas token, essential for network transactions and incentivising participation. The tokenomics of LAI include mechanisms for validator staking, treasury-managed liquidity events such as buy-backs and burns, and high staking yields. This structure supports the long-term sustainability and growth of the ecosystem.

LayerAI gained notable traction in 2023 with its focus on applying blockchain technology to various industries, including healthcare, finance, and advertising. The platform's innovative approach to data monetisation and AI development attracted significant attention from both investors and industry experts.

As of 2024, LayerAI continues to evolve, expanding its ecosystem and refining its offerings. The project remains committed to its mission of harnessing the power of blockchain and AI to create a new paradigm for data utilisation and economic value in the digital age.
 

LayerAI’s mission is to revolutionise the AI and data economy by integrating advanced blockchain technology with AI development. The platform aims to empower users and businesses by providing secure, scalable solutions for data monetisation and AI model enhancement, ultimately contributing to the creation of a global, decentralised data marketplace.

LayerAI envisions a future where data is a valuable asset, seamlessly integrated into the AI ecosystem through decentralised technology. By leveraging its blockchain infrastructure, LayerAI aspires to democratise access to high-quality data, foster widespread AI adoption, and drive innovation across various industries, contributing to a trillion-dollar global data economy.

LayerAI offers a suite of products and services designed to enhance data monetisation and AI development. LayerVPN is a virtual private network that rewards users with LAI tokens for their web browsing activities. It integrates with the LayerAI ecosystem, ensuring secure and incentivised browsing while contributing to data collection.
KyotoX is a sophisticated data processing platform that supports the integration and application of high-quality data for AI models. It plays a critical role in refining and enhancing AI algorithms by providing valuable datasets.
The NFT Marketplace enables users to buy and sell AI data capsule NFTs. These NFTs represent datasets collected from user activities and are integral to the LayerAI ecosystem, facilitating data exchange and monetisation.
The Data Economy App functions as a web3 hub, allowing users to manage, monetise, and access their data efficiently. It serves as a central platform for engaging with LayerAI’s various services.
Layer 2 is the underlying zero-knowledge rollup technology that provides secure, private, and scalable transactions on the Ethereum blockchain. This technology is crucial for maintaining the integrity and efficiency of LayerAI’s operations.
Data Capsules are encrypted data packages that users can share or sell within the LayerAI ecosystem. They ensure privacy and security, enabling users to monetise their data confidently.
Domain allows for the management and trading of digital assets and data within the LayerAI ecosystem, enhancing the platform’s functionality and user engagement.
Access Codes provide a means for granting access to different LayerAI services and features, facilitating a streamlined and user-friendly experience.