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Cryptocurrency News Articles

PepeCoin ($PEPECOIN) Launches $BASED Mainnet, Integrating AI and Blockchain Technology for Decentralized AI Development

Dec 03, 2024 at 04:37 am

The platform, which becomes fully operational next month, introduces a new era of community-driven AI ownership and participation.

PepeCoin ($PEPECOIN) Launches $BASED Mainnet, Integrating AI and Blockchain Technology for Decentralized AI Development

PepeCoin ($PEPECOIN) has unveiled its much-anticipated $BASED mainnet, a platform merging artificial intelligence (AI) and blockchain for decentralized AI development. Set to become fully operational next month, the platform marks a new era of community-driven AI ownership and participation.

The $BASED mainnet empowers users to mint AI-powered subnets, dubbed “Brains,” by exchanging digital tokens called Brain Credits ($BCRED). At the time of writing, 30% of the Brain Credits supply is in circulation, with further guides and developer documentation to be released shortly.

Highlighting the significance of the launch, the PepeCoin development team noted, “The $BASED platform fosters inclusivity in AI development by enabling users to have a stake in AI models.”

Key Features of $BASED MainnetRecent Milestones

Boasting a market cap of $514 million and a circulating supply of 110.37 million tokens, PepeCoin has witnessed exponential growth, surging over 16,953% in the past year. The recent burn event saw a substantial portion of tokens being converted into Brain Credits, in line with the platform's vision of decentralized AI.

Community-Driven AI Ownership

With the launch of the $BASED mainnet, PepeCoin aims to decentralize AI ownership, making it accessible to a broader audience. The integration of blockchain technology ensures transparency, while the inclusion of AI subnets encourages diverse community participation.

“The merging of AI and blockchain presents transformative opportunities, and $BASED is at the forefront of this movement,” the team underlined.

Next Steps for UsersAbout PepeCoin

Launched in 2016, PepeCoin is the original meme coin, inspired by the “Pepe the Frog” meme. It combines community engagement with blockchain innovation to create a decentralized social layer for decentralized finance (DeFi).

With its latest development, PepeCoin positions itself as a pioneer in blending AI and blockchain technology for a decentralized future.

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Other articles published on Jan 31, 2025