December 8, 2023 8 minutes read
November Ecosystem Roundup
November kicked off with $OFN making waves across various charts, bringing a tidal wave of exciting developments. The month has been brimming with noteworthy news, including strategic partnerships, generous giveaways, engaging AMAs, achieving new all-time highs (ATH), and the unveiling of cutting-edge features. Stay tuned for a roundup of the exciting highlights that made November a standout month for Openfabric AI enthusiasts.
$OFN Smashing records
Throughout the month, $OFN achieved remarkable milestones! It began by securing a spot in the top 5 on Kucoin in terms of profits, subsequently claiming the coveted position as the top-ranked token by CryptoRank. Additionally, it emerged as the most traded coin on the Binance Smart Chain (BSC) network. With a slew of other achievements, it’s safe to say that $OFN has had an exceptional launch, marked by impressive trading volumes.
Partnerships
November ushered in a wave of meaningful partnerships as we worked diligently to fortify relationships and foster collaboration. Take a closer look at the incredible partners we’ve teamed up with:
| KlubCoin | KlubCoin is the 1st global electronic cryptocurrency created for the electronic music industry. |
| DID | d.id is a global leader in decentralized identity (DID) systems. We offer a suite of DID-based solutions designed to enhance community growth and digital identity building. |
| GT Protocol | GT-Protocol is the Web 3.0 non-custodial investment protocol powered by AI execution technology. |
| Vertex Network | Vertex Network is the decentralized Real-Time edge rendering and AI computing Network. |
| TaskOn | TaskOn is a platform that boosts the completion for various Web3 tasks in a decentralized way. |
| Script Network | Script Network is a layer 1 open source live tv platform, protocol and storage network. |
| Dechat | Dechat Protocol is an open, secure web3 communications protocol that powers decentralized user interactions. |
| NFTFeed | NFTFeed is a cutting-edge NFT platform that combines Finance and Web 3.0 to increase the intrinsic value, liquidity of NFT and Defi market. |
| Flooz | Flooz is the easy way to buy, trade and track any crypto. With Flooz, you can earn 0.1% cash back from anyone that buys $OFN through you. |
Public Testnet launch
Following the successful launch of our token, we’ve seamlessly transitioned to unveiling the official public testnet, staying true to our core mission of “making AI easy to use and available for everyone.” Our testnet is a testament to this commitment, boasting a user-friendly interface and offering free access to a myriad of AI applications.
At its inception, the testnet featured Artfabric and Memefabric, allowing users to effortlessly generate images and memes. However, as we progressed, we expanded our offerings to include QRfabric for creating designated QR codes and Soundfabric for generating sounds and music. The exciting news doesn’t end there—our testnet now boasts an impressive lineup of over 50 AI apps, each ready for launch!
For those eager to explore the possibilities of our testnet, we’ve crafted a dedicated blog post outlining easy-to-follow steps on how to make the most of its features. Dive into the world of accessible AI and check out our blog post: https://openfabric.ai/blog/introducing-the-openfabric-ai-testnet-experience-ai-apps-in-your-browser
Public Testnet competition
In the wake of our testnet launch, we were thrilled to witness a surge in user participation. To celebrate this overwhelming response, we decided to roll out the Testnet Competition—an exciting initiative designed not only to draw more users into the testnet experience but also to express our gratitude to the dedicated Openfabric AI community members.
Participating and standing a chance to win is a breeze. Here’s the simple roadmap to securing your spot in the prize draw:
Purchase a minimum of $1 worth of OFN.
Dive into the Testnet experience.Spread the word by inviting as many friends as you can.
🏆 Prize Pool: The competition kicked off with an initial prize pool of $500, and with every new participant who successfully completed the tasks, an additional $1 was injected into the prize pool.
As the event unfolded, the total reward pool swelled to an impressive $700. The cherry on top? The top 7 referrers each walked away with a cool $100 reward.
AMA Session
Our journey through November was marked by numerous engaging Ask Me Anything (AMA) sessions. If you happened to miss any of them, fear not! You can revisit each insightful session right here:
| KlubCoin | https://twitter.com/i/spaces/1BdGYrBRjvvJX |
| Gainschat | https://t.me/GainsChat |
| Geek | https://twitter.com/i/spaces/1yNGaZzoLydJj |
| Joint AMA with Xland, Skytopia, moxyofficial, HypaVerse | https://twitter.com/i/spaces/1OwGWYZwYjnxQ |
Community AI festival activity competition
‘Tis the season for giving, and we’re excited to roll out another exclusive giveaway just for our dedicated community members! Get ready to snag your share of $250 by showcasing your enthusiasm and engagement.
Here’s your roadmap to winning:
Fire up the conversations – send a minimum of 20 messages daily on either Telegram or Discord.
Stay social – actively participate across all our social media channels.
Dive into the action – make the most of our testnet.
🏆 Prize Breakdown:
The top 5 most active members will divvy up $250 worth of OFN tokens as follows:
🥇1st Place: $80
🥈2nd Place: $60
🥉3rd Place: $50
🏅4th Place: $40
🎖️5th Place: $20
Mark your calendars! The giveaway runs from November 23 to December 23.
Ready to claim your spot among the champions? Register here: https://3d1rccg66hm.typeform.com/to/nfQyq217
Airdrop Winners Update
We’re delighted to reveal the 1000 lucky participants who have been selected as valid airdrop winners and are now eligible to claim their well-deserved rewards.
For those eager to check if they made the list, the winner’s list is available here: https://docs.google.com/spreadsheets/d/1YLVoDSFgg7Zer7_YsPvFaXxTVQKPZLEUQ05VaP3bbnw/edit#gid=0
Now, to claim your reward, head over to our dedicated claim portal: https://claim.openfabric.ai/
It’s important to note that, in accordance with the terms and conditions, the rewards will be vested over three weeks. This means that one-third of the total reward will be accessible for withdrawal each week.
Don’t miss out on the opportunity to enjoy the fruits of your participation. Claim your reward now and stay tuned for more exciting updates!
Openfabric Ai Art NFT Generator is live
Embarking on the journey of crafting NFTs has never been more seamless, thanks to Openfabric AI. We’ve simplified the process, making it a breeze to generate and mint any NFT your imagination can conjure. How cool does that sound?
Unleash your creativity and bring your ideas to life as NFTs using Openfabric AI, and the best part? You can showcase and sell these unique digital assets on your preferred NFT marketplace.
But that’s not all—we’ve got some exclusive perks for our community members, especially those with the coveted whitelist role. Holders of the WL role can enjoy the privilege of minting one NFT absolutely free. Should you wish to craft additional NFTs, they come at a special rate of 100 GEMs per NFT.
For those without the WL role, fear not! You too can dive into the NFT creation journey. Your entry ticket is priced at 200 GEMs per NFT.
Ready to explore the world of NFT crafting? Learn the ropes and discover the ins and outs of generating and minting NFTs with Openfabric AI in our comprehensive guide: https://openfabric.ai/blog/crafting-nft-art-openfabric-2023-guide
Whitelist Roles
Exciting news for our community members with the whitelist role – we’ve recently unveiled a treasure trove of rewards just for you. From coveted allocations to IDO and complimentary NFT art minting to a slew of additional perks, the list goes on!
But here’s the plot twist – we’re not stopping there. Brace yourselves for even more intriguing benefits, including Fabricator NFT minting, activity mining, and a host of other surprises!
As part of this evolution, we’ve closed the whitelist role, meaning no new members can currently earn this sought-after status. However, fear not! We’re already cooking up plans to introduce fresh and exciting roles in the near future.
Stay tuned for more updates as we continue to roll out innovative features and roles to enhance your Openfabric AI experience!
