FLock is a blockchain-based platform for decentralized, privacy-preserving AI. It introduces Federated Learning Blocks (FLocks), using blockchain to coordinate machine learning among data holders while keeping data local and private. By removing centralized intermediaries, FLock enables users to gain insights from their own data and control its monetization.
Through on-chain incentives, FLock promotes open-source development and data ownership, allowing communities to contribute models, data, and computing power with rewards determined by consensus. This fosters transparent, bias-free collaboration and the creation of AI models tailored to specific needs.
With features like AI Arena and the Federated Learning Alliance, FLock provides a modular framework that empowers communities to build and refine AI together, driving the democratization of AI development.
Explore the tokenomics of FLOCK(FLOCK) and review the project details below.
What is the allocation for FLOCK(FLOCK)?
The total supply of FLOCK is capped at 1 billion tokens. Only the day-one unlock tokens are minted initially, with additional tokens minted daily through our management smart contract. The distribution is as follows:
The allocation of FLock tokens follows a 1:2 ratio model between team&investors and the community (33.3% : 66.7%), prioritising community and ecosystem growth. The majority of tokens are allocated to incentivise community participation and ecosystem expansion, ensuring the success of FLock’s multi-year initiative and vision. This approach secures robust governance and encourages the broader AI and blockchain communities to actively contribute and develop the technology. Meanwhile, the pioneers of FLock technology are also incentivised to continue their contributions, fostering long-term success for FLock and its ecosystem.
What is the supply schedule for FLOCK(FLOCK)?
FLock is a blockchain-based platform for decentralized, privacy-preserving AI. It introduces Federated Learning Blocks (FLocks), using blockchain to coordinate machine learning among data holders while keeping data local and private. By removing centralized intermediaries, FLock enables users to gain insights from their own data and control its monetization.
Through on-chain incentives, FLock promotes open-source development and data ownership, allowing communities to contribute models, data, and computing power with rewards determined by consensus. This fosters transparent, bias-free collaboration and the creation of AI models tailored to specific needs.
With features like AI Arena and the Federated Learning Alliance, FLock provides a modular framework that empowers communities to build and refine AI together, driving the democratization of AI development.