OpenLedger Set to Introduce OPEN Token in September Following $15 Million Fundraising for On-Chain AI Models
Written by Emily J. Thompson, Senior Investment Analyst
Source: benzinga_crypto
Updated: Aug 26 20250mins
Launch of OPEN Token: OpenLedger is set to launch its OPEN token in September after raising $15 million to develop a decentralized infrastructure for AI models.
Testnet Activity: The company has reported significant testnet engagement, with over six million nodes, 25 million transactions, and the deployment of 27 products.
Payable AI Economy: The network aims to create a "Payable AI" economy where contributors are rewarded through a Proof of Attribution system that tracks data influence on AI outputs.
Governance and Architecture: The OPEN token will facilitate governance and rewards within the protocol, while the architecture combines off-chain execution for efficiency and on-chain settlement for accountability.
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
