How to Earn Points on FLock.io For Potential FML Airdrop

You can stake FLock's FML by delegating your FML to validators, and also interact with AI applications by chatting with explorers or contributing knowledge

Step-by-Step Guide: How to Earn Points on FLock.io for Potential FML Airdrop

Introduction

Artificial Intelligence (AI) has taken the world by storm, with ChatGPT being at the forefront of this revolution. However, the AI industry still faces challenges such as data acquisition, centralized control, meaningful contributions, and decentralized governance.

Enter FLock.io, a decentralized platform that aims to solve these problems by creating an AI ecosystem that promotes transparency, inclusivity, and trust. It is designed with federated learning at the forefront. This method of training AI models does not require anyone seeing or touching your data.

Federated learning enhances data security and privacy by utilizing blockchain technology to distribute the training process across several nodes. As a result, there is no single entity that is in control or is able to manipulate the process.

The AI training platform aims to support a wide range of applications by developing models for various sectors like finance, healthcare, and gaming. The specialized AI models can also be applied to blockchain applications including performing due diligence, investment analysis, operational support, and more.

FLock also contributes to decentralized AI by getting involved in academic research and is the only AI project to receive an academic grant from the Ethereum Foundation in 2024. On top of that, the FLock team is the first and only Web3 project that was invited to present about decentralized AI at the Royal Society. This institution is the oldest scientific academy in continuous existence and has seen the works of Sir Issac Newton, Charles Darwin, Albert Einstein, and more.

Leading the team at FLock is founder and CEO, Jiahao Sun, who received a Master of Science in Computer Science from the University of Oxford. Some of his previous roles include Director of AI for the Royal Bank of Canada and an AI Research Fellow at Imperial College London.

On March 28, 2024, FLock announced that they had successfully raised $6 million in seed funding. The round was led by Lightspeed Faction and Tagus Capital with participation from DCG, OKX Ventures, and Volt Capital. Jiahao Sun informed The Block that the seed round brings FLock’s total funding to $8 million and will be used to grow the team and further develop the platform.

Step-by-Step Guide: How to Earn Points on FLock.io for Potential FML Airdrop

Within FLock there are three key products – AI Arena, FL Alliance, and AI Marketplace. AI Arena is meant to provide a collaborative environment for users to propose and participate in AI model training tasks. Meanwhile, the FL Alliance fosters partnerships within the AI ecosystem by empowering various stakeholders such as AI engineers, compute providers, and data owners to collaborate.

The AI Marketplace will be a platform for developers to showcase their AI models and services while data providers can find models that suit their needs. All three products will work together to facilitate the entire lifecycle of AI model development and foster a community-driven collaborative ecosystem.

FLock’s Token System

FLock will employ a token system that rewards participants and encourages active involvement in model training and development. The system is centered around its native token, FML, which will be used for staking, as contribution rewards, and more.

In anticipation of FLock’s mainnet launch, interested users can now interact with FLock’s testnet and participate in various activities to earn points. Do take note that the FLock team has not made any official announcements on when the token airdrop will take place or the specific requirements to qualify. Therefore, following the steps below and participating in FLock’s testnet does not guarantee a future token airdrop allocation.

Step 1: Connect Wallet and Get FML

Go to https://train.flock.io/stake-to-earn and Connect Wallet in the top right corner.

There are a few wallet options available from but in this guide we will proceed with the OKX wallet. Agree to the terms of use and choose your preferred wallet.

Documents by FLock state that your wallet needs to hold at least 0.002 ETH either on ETH mainnet or Base mainnet for a few days to proceed. However, we found that we were unable to proceed until there was at least 0.02 ETH in our wallet.

Therefore we do suggest that you have at least 0.02 ETH either on ETH mainnet or Base mainnet for a few days.

After connecting your wallet, Please verify your identity first to get your FML token.

You can choose to verify your account through Github or Twitter. Having a Github account will allow you to participate as either a Training Node or Validator. However, this guide will assume that you are not a developer with a Github and proceed with the Twitter Account Verification.

If you do have an active Github account, we recommend checking out the Training Node and Validator guide to see how else you can participate.

Training Node Guide: https://docs.flock.io