October 8, 2024 7 minutes read
Openfabric September Ecosystem Roundup
Welcome to the September edition of the Openfabric Ecosystem Roundup! As we move into the last quarter of 2024, the Openfabric AI community continues to thrive, with exciting developments shaping the future of Artificial Intelligence and decentralized ecosystems. This month has indeed been packed with numerous innovations, exciting partnerships, and new initiatives, all of which are significantly contributing to the expansion of the platform and, ultimately, its mission to democratize AI.
In this roundup, we’ll not only highlight key updates but also cover important developments, including new project milestones, continued ecosystem growth, and, in addition, offer insights into how our contributors and partners are consistently driving progress forward.
Openfabric Developer toolkit
Our Developer Toolkit, which seamlessly integrates the Ontology System, CLI Tools, and Python SDK, is specifically designed to facilitate advanced AI development. In particular, it focuses on scalability, interoperability, and efficient algorithm processing.
To learn more, Read here: https://docs.openfabric.ai/developer-tools/index
Who are Openfabric Stakeholders?
Openfabric operates within a diverse and interconnected ecosystem of stakeholders, with each one playing a crucial role in the overall success of its AI-driven platform. Now, let’s take a closer look at the key players, who, in various ways, contribute to this thriving network.
Service Consumers: These are the end users who leverage AI applications to solve real-world problems, ranging from everyday tasks to more complex challenges.
AI Innovators: Using their expertise, these innovators develop advanced AI applications designed to tackle intricate issues with cutting-edge solutions.
Infrastructure Providers: They supply the essential hardware required to run and train AI models effectively, ensuring seamless performance and scalability.
Data Providers: These stakeholders provide the crucial datasets that power AI model training, improving their accuracy and effectiveness over time.
Together, these stakeholders drive innovation and foster the growth of AI solutions within the Openfabric ecosystem.
Openfabric lines of code
The Openfabric AI Layer 1 protocol is built on a foundation of over 25.6 million lines of code!
Curious about the development journey? Check out more Openfabric development stats here:
https://openfabric.ai/stats#openfabric-dev-activity
Research sparks the best innovations
Just like Bitcoin, which was born out of research, Openfabric AI is also founded by deep research efforts.
These foundations of knowledge pave the way for innovations in AI and blockchain technology.
Explore Openfabric AI’s 7 research papers here to learn more about the ideas shaping the future
Openfabric Blogs In September
| August Ecosystem RoundUp | In August, we not only celebrated a major research achievement but also forged new partnerships, engaged in exciting community activities, and prepared for upcoming pro applications, all while offering a chance to win rewards. Now, let’s find out what happened in August and, furthermore, see what’s next for Openfabric:
https://openfabric.ai/blog/openfabric-ai-august-ecosystem-roundup
|
| How to Utilize AI Based Bitcoin Mining Algorithm | Nowadays, smart work beats hard work.
Lets discuss how you can earn smart money using AI-based bitcoin mining. |
| Building Sustainable DAO | DAOs are the backbone of the Metaverse and they are responsible for the decisions that are taken in the Metaverse. Find out how DAO will shape the future: https://openfabric.ai/blog/building-sustainable-dao-in-the-metaverse |
| 6 things you should know about music NFT | Music NFTs are revolutionizing the music industry.
Learn about their benefits, and how they work: https://openfabric.ai/blog/6-things-you-should-know-about-music-nfts-a-guide |
| Is crypto bull run back? | Recent events and developments have sparked speculations that a bull run market might just be by the corner.
This article talks more about it: https://openfabric.ai/blog/is-the-crypto-bull-run-market-back |
Openfabric VS Competitors
Considering some factors like Security, Decentralization, Computation, Accessibility, Smart Economy, and Interoperability, let’s take a look at a brief comparison between Openfabric AI and some other alternatives.
iPhone 16 Pro giveaway
We organized an exciting giveaway campaign specifically for our loyal fabricators, providing them with a fantastic opportunity to win the newly launched iPhone 16 Pro!
To participate, individuals simply followed a few straightforward steps for their chance to win:
- Followed @openfabricai and retweeted the giveaway post.
- Purchased at least 50 $OFN and shared a video or picture holding it in their wallet (Dex/Cex) using the hashtag #openfabriciphonegiveaway.
- Tagged 3 friends who would love to join the fun.
The giveaway ran for 7 days, and 3 lucky winners have now received their brand-new iPhone 16 Pros!
Thank you to everyone who participated and made this event a success. Stay tuned for more exciting promotions and giveaways from Openfabric AI!
Testnet user statistics
In just 2 weeks, we successfully gained a remarkable total of 43k fabricators who are actively using the testnet to generate various forms of creative content, including Art, Sound, Memes, Designated QR Codes, and 3D models.
Furthermore, there are 5 different applications currently available in the testnet. We invite you to explore it for yourself here
Partnership
We have previously partnered with multiple projects, including AI, DeFi, Quest, DePIN, infrastructure providers, data providers, and, in addition, many more exciting ventures!
Despite that, we are expanding our network and our partnership continues.
In September, we partnered with IQ.wiki.
IQ.wiki is the world’s largest blockchain encyclopedia with thousands of pages on anything web3.
We integrated IQGPT Ai bot in our community and it is available to answer all questions about Openfabric AI.
Learn more: https://iq.wiki/wiki/openfabric-ai/
Openfabric Social media followers In September
As at September, our social media followers totaled over 510k fabricators following us despite the fact that we are still in the testing phase.
Stay tuned to our social channels to be first to get our updates.
AI influencer App Update
In September, our developing team, in particular, did an excellent job by significantly improving the Openfabric AI influencer app, further enhancing its functionality and user experience.
Here is an example of before and after
Before
After
What is coming next?
Greater things are coming to Openfabric AI as the month of October started with the launch of an Incubation Program. Very soon, we will begin incubating multiple projects, and in addition to that, we will provide them with everything necessary for their successful development. We will provide technology, network, marketing and many more.
Stay tuned and make sure to follow our social media to be the first to be notified when we release updates.
