OpenLoop Secures $15M Investment from IPN Foundation to Power Decentralized Bandwidth Sharing for AI Innovation

SINGAPORE, SG / ACCESSWIRE / December 28, 2024 /OpenLoop, a leading innovator in decentralized bandwidth sharing and AI training, has successfully raised $15 million in funding from the IPN Foundation. This strategic investment aims to accelerate OpenLoop 's mission of transforming global connectivity and supporting next-generation AI Agents like Soly AI.

The IPN Foundation, a prominent backer of decentralized infrastructure projects, sees OpenLoop as a key player in reimagining how bandwidth is utilized. By enabling individuals to become Node Validators, OpenLoop empowers users to share their idle bandwidth and actively participate in a decentralized network supporting AI model training, data validation, and seamless data exchange.

"This investment will propel OpenLoop to the forefront of decentralized AI connectivity," the Founder of OpenLoop said. "With IPN Foundation 's backing, we 're set to redefine how bandwidth is monetized and how decentralized networks support AI growth."

OpenLoop 's Unique Approach

At the core of OpenLoop 's model is the Node Validator system. With a simple extension or direct access through the official OpenLoop dashboard, users can activate nodes that transform idle bandwidth into a powerful, shared network resource. These nodes support AI model training and real-time AI Agents, while GPU-accelerated processing boosts efficiency and speeds up AI computation. By becoming a Node Validator, users not only earn passive income but also play a key role in the network, supporting OpenLoop 's broader mission to build a more connected and intelligent future.

Earning Benefits & Validator Tiers

OpenLoop 's Node Validators system offers a dynamic earning model with several tiers. Participants benefit from:

• Passive Rewards: Earn daily rewards for bandwidth sharing.

• Governance Power: Node Validators control 40% of $OPL governance, granting them significant influence over network decision-making.

• Point Multipliers & Bonuses: Early adopters receive earning boosts, referral bonuses, and milestone rewards that increase over time.

Tiered pricing for node access ensures early participants have the most attractive benefits. As the number of active nodes grows, so do the financial incentives for node validators.

More about Node Validator benefitshere.

About IPN Foundation

The IPN Foundation is a visionary venture fund dedicated to advancing blockchain, AI, and DePIN (Decentralized Physical Infrastructure Networks) technologies. By fostering innovation in decentralized infrastructure, IPN empowers communities to reclaim control over their data, networks, and governance. Its investments accelerate the development of cutting-edge platforms that prioritize privacy, efficiency, and inclusivity.

With a focus on decentralized connectivity, IPN drives the adoption of peer-to-peer networks, distributed storage, and edge computing. The foundation champions global accessibility by supporting mesh networks and expanding internet access to underserved areas. Sustainability is a key pillar of IPN 's mission, promoting the integration of renewable energy into decentralized systems to ensure long-term scalability and environmental responsibility.

The $15M investment in OpenLoop marks a pivotal step in accelerating the platform 's growth. These funds will fuel the expansion of OpenLoop 's validator network, drive broader adoption of its decentralized AI platforms, and strengthen its position as a leader in bandwidth sharing, AI training, and decentralized AI agents.

For media inquiries, please contact:

Name: OpenLoop Ltd.
Title: OpenLoop Marketing Department
Email: openloop.so@gmail.com
Website: https://openloop.so/
X (Twitter): https://x.com/openloop_so

SOURCE:OpenLoop

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