The FOMO AI platform aims to empower anyone to launch a decentralised model and be rewarded with cryptocurrency when it is used.
Decentralised AI model development, FLock.io, announced the launch of its Flock Open Model Offering (FOMO). The model is a launchpad for anyone who wants to build decentralised AI model and be rewarded with cryptocurrency when it is used.
Developers can use the platform to integrate user-generated models into their own applications via a simple API. By democratising access to enterprise-grade infrastructure, FOMO aims to remove the technical and financial barriers that limit powerful AI models to tech giants.
Unlike standard cloud infrastructure where pricing is dictated by raw compute costs, FOMO utilises a deflationary crypto-token buy-back-and-burn mechanism where revenue from model usage is automatically used to purchase and burn model-specific tokens.
Model users can stake these tokens to secure discounted API usage rates, and the structure incentivises model owners to subsidise inference costs for early adopters, ensuring that value accrues directly to the stakeholders who backed it.
The future of intelligence cannot be a black box controlled by a handful of organisations. Decentralisation ensures that powerful AI models remain accessible, transparent and free from the control of a single entity. By distributing governance and ownership, we are building a future where technology serves everyone,” said Jiahao Sun, Founder and CEO of FLock.io.
The launch of FOMO marks the final milestone in FLock.io’s evolution into a full-cycle decentralised AI ecosystem. Since launching its mainnet in 2024, FLock.io has experienced increased usage, with 10,007 fully-trained machine learning models being created and over 56,000 people holding its native FLOCK token.
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