On December 18, 2024, Sahara AI announced the launch of the first phase of the data platform Beta version test network, which attracted more than 780,000 users to sign up, of which more than 10,000 candidates were the first to obtain participation qualifications, becoming one of the hottest projects in the Web3 + AI field. Through the test network, ordinary users can not only contribute to the AI ecosystem through data collection, optimization and labeling tasks, but also receive generous rewards and participate in building the world's first decentralized AI collaboration platform.
Breakthrough testnet: Using blockchain to empower AI annotation
As Binance founder CZ once mentioned, "AI data annotation combined with blockchain has natural advantages - low cost, no geographical restrictions, and support for instant cryptocurrency payments." Sahara AI tokenizes annotation tasks and connects developers and ordinary users through its platform to make up for the limitations of traditional AI development that is too centralized. Sahara AI co-founder and COO Tyler Zhou (former investment director of Binance Labs) said: "Sahara AI is building an AI ecosystem that everyone can participate in. Whether you are a developer, data contributor or ordinary user, you can get fair returns through your contributions, and better explore the value of different AI assets through blockchain and decentralized finance."
In the first batch of tests, participants can choose high-value data tasks from multiple fields such as creator economy, finance, science, etc. After completing the task, the platform will reward users based on their contribution, accuracy and consistency, and set up a leaderboard to encourage outstanding performance. All rewards are issued in the form of points, and lay the foundation for the subsequent token distribution within the ecosystem.
“Our goal is to build a fair and inclusive AI ecosystem where anyone can become part of the AI revolution through Sahara AI,” said Sean Ren, CEO of Sahara AI, professor of AI at the University of Southern California, and president of the Viterbi Center. “In the future, AI model developers can access high-quality data, models, and development tools through the platform, which will significantly lower the threshold for AI development.”
The launch of the testnet is the first stage of the development of the Sahara AI ecosystem. Subsequently, Sahara AI will launch more features, including the AI data market and model center, to further promote the tradability, traceability and decentralized collaboration of AI assets.
Sahara AI's strengths: top team and technical strength
The Sahara AI team is composed of experts in the fields of AI and Web3. Its members come from top technology companies and research institutions such as Stanford University, University of Southern California, University of California, Berkeley, AI2, Microsoft, Binance, Stability AI, Google, Protocol Labs and Avalanche.
Since its establishment in 2023, Sahara AI has provided AI-related services to 35 global technology giants such as Microsoft, Amazon, MIT and Snap. This strong resource background and technical strength have enabled Sahara AI to rise rapidly in the field of AI+blockchain and become a highly regarded industry leader.
About Sahara AI
Sahara AI is an AI blockchain platform dedicated to building a collaborative economy, allowing everyone to collaborate to create and monetize AI datasets, models, and applications.
As a leader in the Web3+AI field, Sahara AI has received support from top investment institutions such as Pantera Capital, Binance Labs, Polychain Capital, Sequoia Capital, and Samsung Next, and continues to promote the development of decentralized AI. It has previously announced the completion of a $43 million Series A financing.