The Reddit Knowledge DAO will present tokenized incentives for customers who contribute information, create synthetic intelligence fashions, and supply calculations for initiatives.
A brand new DAO hopes to assist Reddit customers monetize the fabric they use to coach synthetic intelligence fashions.
On April 3, Vana, a decentralized community that hosts “user-owned datasets and fashions,” declare Launches Reddit Knowledge DAO on its community. The DAO plans to incentivize Reddit customers to contribute their remark historical past into an aggregated dataset, which can then be bought to synthetic intelligence corporations after neighborhood voting.
“This was not coordinated with Reddit, and contemplating Reddit itself is making an attempt to promote consumer information, this can be a massive deal for the neighborhood,” Varner stated. “The general thought is to free consumer information from main platforms which might be making an attempt to hoard/monetize consumer information.”
Vana says it already has 1 million customers actively creating profile fashions via the platform, and their open API is attracting a burgeoning ecosystem of builders constructing synthetic intelligence purposes.
Vana additionally introduced that it raised $18 million in a 2022 funding spherical, which it had not beforehand disclosed.
Synthetic Intelligence and Cryptocurrency Convergence
Vana is among the rising initiatives searching for to innovate on the intersection of synthetic intelligence and Web3.
AI tokens have outperformed the broader cryptocurrency market of late, with CoinGecko information indicating that whole capitalization within the trade has grown by almost 700% for the reason that finish of October.
Nevertheless, few initiatives have efficiently developed distinctive use circumstances for AI, and plenty of groups have made lofty guarantees to liberate AI improvement via decentralization from the few centralized entities that presently dominate the AI area.
Vana hopes to realize this objective by leveraging on-chain permissions to make consumer information non-public, safe, and moveable.
The information is tokenized and saved on private gadgets or trusted nodes and can be utilized to coach synthetic intelligence fashions or purposes. Vana additionally offers decentralized computing capabilities to facilitate decentralized coaching.
“The structure combines safe off-chain servers with good contracts to assist user-owned information and fashions,” Vana’s documentation states.
Customers who contribute information to particular datasets on the platform will probably be rewarded with ERC-20 “dataset-specific tokens” to facilitate voting on how the dataset is used. Vana additionally affords “model-specific tokens” as an incentive for customers who contribute GPU computing or information to the AI fashions generated by the platform.
