- The event will give a total prize pool of 10,000,000 $AIGT tokens, or 1.4% of its entire token supply.
- With 8,000,000 $AIGT, the worker rewards pool is the biggest, followed by the community questing rewards pool with 2,000,000 $AIGT.
Axlflops, a leading AI computing network, has announced the launch of its inaugural community rewards program and its Token Generation Event (TGE). The event will give a total prize pool of 10,000,000 $AIGT tokens, or 1.4% of its entire token supply. The rewards program, which will begin on January 22 and continue until March 22, intends to encourage GPU providers and community members to engage in the development of a more democratized computing infrastructure.
Decentralized physical infrastructure network (DePIN) Axlflops is dedicated to democratizing Al computing and balancing supply and demand. The network uses cutting-edge algorithms to provide everyone flexible, affordable, and accessible computing power.
Two separate reward pools will be part of the initiative: one would give worker rewards for GPU providers, while the other will be a community questing reward for regular users. With 8,000,000 $AIGT, the worker rewards pool is the biggest, followed by the community questing rewards pool with 2,000,000 $AIGT. To increase their earning potential, users may engage in both at the same time.
GPU providers may commit to their desired participation period and join the decentralized physical infrastructure network (DePIN) without staking requirements for the first phase, which ends on March 31. Computing Resource Contributions and Hardware Performance Ratings are used to determine rewards, and a tiered distribution structure will result in uptime bonuses, weekly rewards, and welcome bonuses. The official Axlflops website allows GPU providers to track and claim rewards.
The Galxe and Taskon platforms feature the community quest component, which provides rewards for a range of social media engagement activities and platform interaction. Common tasks include interacting with the official website, taking part in community events, and following Axlflops on social media.
After the promotion ends on March 22, the final reward distributions for both pools will occur, with daily GPU mining payouts still being given out in accordance with Axlflops’ usual process. Competitors that just concentrate on decentralized AI computing contrast with Axlflops’ unique strategy for democratizing AI computing resources. Axlflops aims to provide a welcoming environment where private and public clouds coexist in the same partner network by integrating both independent GPU suppliers and well-known cloud services.
A more cooperative ecosystem is also produced by the network’s novel dual staking mechanism, which mandates that GPU providers stake 95% and token holders stake 5%. This is enhanced by user-friendly features like a shorter 7-day unstaking period, competitive service fees of just 0.2%, and instant daily reward withdrawals.
In contrast, Axlflops’ advanced instance grading system assesses not just GPU performance but also the hardware ecosystem as a whole, encompassing CPU, RAM, storage, and network capabilities, guaranteeing precise performance evaluation and equitable reward distribution.
Axlflops’ trial program invites AI developers, data scientists, businesses, and everyone else that needs computing resources to take use of what the network has to offer.
