TechFlow news, according to Bitcoin.com, blockchain project Lightchain AI has announced the official launch of its testnet, along with securing $15 million in funding.
The project's key technological innovations include two core components: the Proof of Intelligence (PoI) consensus mechanism and the AI Virtual Machine (AIVM). The PoI mechanism rewards nodes for solving AI computational tasks, while the AIVM provides developers with a toolkit for building AI applications on the blockchain.
The project is currently in its final pre-sale stage, with the raised funds allocated toward technical development, infrastructure expansion, and talent acquisition. Lightchain AI plans to launch its mainnet in 2025 and will focus on developing enterprise-grade decentralized AI solutions in the future.
