• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

New WEBisOpen Point System for Open Ecosystem Engagement

user avatar

by Giorgi Kostiuk

a year ago


Open has launched the WEBisOpen Point System, offering users points for engaging with projects in the Open ecosystem.

What is Open?

The core technology of Open is the Open Virtual Machine (OVM), which allows blockchains to perform advanced computations for AI and scientific models. OVM ensures decentralization, high performance, and verifiability of every computation.

OVM as a Compute Solution

OVM acts as a bridge between blockchain's immutability and scalable computing potential, supporting complex applications from decentralized AI agents to scientific simulations. This empowers blockchains to leverage powerful computing while maintaining decentralized system attributes.

Applications and Potential of OVM

OVM can support various scenarios such as decentralized AI applications and complex financial models. The technology enables full genome analysis within a decentralized environment without expensive hardware.

The OVM system expands decentralized computing capabilities, supporting various innovations in science, finance, and gaming, fostering the advancement of the open web.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Ledger Achieves 3 Billion in Tokenized Value

chest

The XRP Ledger has achieved a significant milestone by hitting 3 billion in total tokenized value, marking a 59% increase in the last 30 days.

user avatarJesper Sørensen

DeFi United Launches Major Recovery Initiative for rsETH Tokens

chest

DeFi United has announced a plan to restore backing for rsETH tokens and address bad debt from North Korean hackers.

user avatarRajesh Kumar

ECB Advocates for Centralized Oversight of Crypto Markets

chest

The European Central Bank supports a proposal to centralize oversight of financial markets, including crypto, to enhance competitiveness and harmonize regulation across the EU.

user avatarLucas Weissmann

Blockchain for Europe Advocates for Reforms in EU Crypto Regulations

chest

Blockchain for Europe has released a report advocating for reforms to the EU's crypto framework to enhance the competitiveness of euro-denominated stablecoins.

user avatarFilippo Romano

Evan Tangeman Sentenced to Six Years for Bitcoin Scam Involvement

chest

Evan Tangeman has been sentenced to six years in prison for his involvement in a scam that stole over 263 million in Bitcoin.

user avatarEmily Carter

DOJ Seizes Over 700 Million in Bitcoin in Fight Against Crypto Scams

chest

The Department of Justice has seized over 700 million in Bitcoin linked to money laundering from crypto scams.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.