ChainGPT Unveils Its AIVM Whitepaper, Outlining the First Layer-1 Blockchain Purpose-Built to Power a Decentralized AI Economy at Scale.

ChainGPT, a company focused on blockchain AI solutions, has announced the release of its Artificial Intelligence Virtual Machine (AIVM) A groundbreaking technology that promises to revolutionize the decentralized AI economy. The AIVM is a new Layer-1 blockchain specifically designed to integrate decentralized AI development, compute infrastructure, and monetization.

The technology is capable of performing lightweight on-chain models and verifying the models' execution directly within the consensus layer. AIVM also introduces an asynchronous dual-path execution model, enabling efficient parallel processing of transactions and AI tasks.

Furthermore, ChainGPT's AIVM integrates an antif fraud detection system, aiming to mitigate malicious activity and maintain the integrity of the ecosystem.

ChainGPT’s AIVM is the first Layer-1 blockchain to be completely purpose-built for the AI Crypto Economy, offering a unified, scalable, and decentralized vision for the future of artificial intelligence.

ChainGPT invites developers, researchers, and crypto enthusiasts to join the AIVM testnet and contribute to building the next generation of the AI and blockchain industry.

The company also announced the launch of its AIVM token, which will serve as the primary gas token and currency within the AIVM ecosystem. The token will be used to pay for all actions performed on the chain, including transaction fees, AI model usage, and decentralized storage.

As the AVM is a modular chain, it can be adapted to accommodate various use cases and integrate seamlessly with other chains through cross-chain bridges.

ChainGPT's AIVM is a promising technology that could revolutionize the decentralized AI economy. With its unique features and modular design, AIVM is well-suited to power the next wave of innovation in blockchain and artificial intelligence.