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AIPIN: Innovative 'Device Activation Mining' Model Transforms AI Devices into Mining Nodes

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by Giorgi Kostiuk

5 hours ago


AIPIN offers an innovative model called 'Device Activation Mining' which turns AI devices into blockchain nodes, enabling users to earn rewards through their usage.

Core Concept and Philosophy of AIPIN

The primary motivation behind AIPIN's creation stemmed from insights into AI development trends transitioning from cloud to edge computing. This necessitates providing financial support for autonomous intelligent machines. AIPIN aims to replace traditional crowdfunding with long-term engagement and shared ownership in product ecosystems.

'We hope to create an entirely new protocol that makes supporters not only funders but also co-builders of the product ecosystem.' (CITE_W_A)

Mechanisms of Operation and Rewards

Once a device is activated using a unique code, it becomes a node within the AIPIN network. Users can stake EMC tokens to enable mining functionality. The system tracks various metrics to calculate the device's 'contribution points', based on which rewards are automatically distributed. These rewards can include platform tokens, project-specific tokens, and governance rights.

Ensuring Verifiability and Preventing Fraud

AIPIN aims to ensure that user rewards are based on real, verifiable contributions from the devices. Each device must be activated through a unique Activation Code to prevent forgery. Task completion data is recorded on-chain or uploaded through trusted oracles. Devices must complete real tasks to receive rewards.

The AIPIN model creates a new ecosystem where users are not just buyers but active participants, strengthening the relationship between users and the network.

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