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Cryptocurrency News Articles

PlayFi to Launch Genesis Node Sale Early After 70K Transactions in One Week

Aug 12, 2024 at 11:21 pm

PlayFi, an AI-powered data network and blockchain tailored for the live content industry, today announces the upcoming small, exclusive batch sale of Genesis Nodes.

PlayFi to Launch Genesis Node Sale Early After 70K Transactions in One Week

New York City, New York, August 12th, 2024, Chainwire

PlayFi, an AI-powered data network and blockchain tailored for the live content industry, today announces the upcoming small, exclusive batch sale of Genesis Nodes.

While PlayFi’s main Node Sale will take place later in 2024, the recent traction of the testnet – which saw over 70,000 transactions take place in a single week – has accelerated the need for node activation.

PlayFi is the first AI and data platform to enable web3 features to be built on top of live content. The protocol bridges the gap between content and actionable data, with infrastructure that allows studios and creators to seamlessly integrate blockchain primitives on top of games, streams, sports and entertainment content. PlayFi’s proprietary AI models extract data from content in realtime, validating it for authenticity and storing it on a high-availability data-edge network.

This Genesis Node Sale pushes forward PlayFi’s mission to power the future of smart content. The nodes power PlayFi’s protocol and with their testnet already sustaining heavy traffic, it’s time to bring their decentralized data layer online.

Genesis Node Features:

“Over 50% of global internet traffic is people watching and playing content. At PlayFi, we’re on a mission to empower creators and users through partnerships with industry leaders while rewarding our early supporters,” says Ben Beath, founder of PlayFi. “A top priority for us is ensuring users feel safe, comfortable, and confident supporting our network with the understanding that they will be rewarded for being early adopters of PlayFi’s technology.”

PlayFi modular nodes power the entire PlayFi protocol, from advanced AI processing to data storage. Each node contains four unique modules—Artificial Intelligence, Coordination, Zero Knowledge, and Storage—allowing operators to customize functionality and earning potential. To ensure a highly decentralized protocol, 20% of the total $PLAY supply is allocated to node operator rewards.

In addition, PlayFi has strategic alliances with other web3 giants such as Aethir, MultiversX and Polygon to strengthen its offerings to its community and for its cutting-edge technology at the intersection of AI and web3.

“Our goal is to increase network usage by demonstrating clear benefits to our node operators, sustaining a massive and rewarding decentralized network for years to come. Ultimately, we aim to create a future where content is not just consumed, but becomes interoperable with the power of web3 primitives.” Beath said.

Find out more about our nodes at https://www.playfi.ai/nodes

About PlayFi

PlayFi is transforming the live content landscape by seamlessly integrating advanced blockchain technology and AI. Utilizing our secure, scalable zkEVM blockchain, PlayChain, and AI-driven decentralized network, PlayBase, we offer fast transactions, innovative content development, and enhanced live content experiences. PlayFi empowers content creators, developers, node runners, and studios to unlock new rewards streams and build category-defining experiences without compromising core engagement. Adopters include leading content creators and developers aiming to create a richer, web3-enhanced live content environment. Backed by top-tier investors and partners, PlayFi is building a more connected, secure, and vibrant content economy. Users can learn more: playfi.ai.

Original source:captainaltcoin

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