Fundrs’ Latest Seeker: Nuklai’s Data Ecosystem Empowering AI, DePIN and RWAs
Nuklai is a layer 1 blockchain empowering a collaborative data marketplace, providing the infrastructure for data ecosystems. It brings together the power of community-driven data analysis with the datasets of some of the most successful modern businesses. The marketplace allows both grassroots data enthusiasts, SMEs and institutional partners to access new data sources as well as ways to put their own untapped data to use. This allows them to gain new insights, find new revenue streams within the boundaries of regulations as well as stay within the framework of their own data governance.
Nuklai’s vision is to unify the fragmented data landscape by providing a user-friendly, streamlined, and inclusive approach to sharing, requesting, and evaluating data for key insights, better processes, and new business opportunities, empowering next-generation Large Language Models and AI.
Bringing together the power of artificial intelligence and blockchain, Nuklai will accelerate the tokenization of real-world assets (RWA). It will facilitate new avenues for the vast amounts of data these assets will rely on for their valuation and provide the infrastructure for this data to be utilized, monetized, and enhanced by other players.
By developing Nuklai data ecosystem on its own public blockchain, along with the use of subnet technology for creating private data consortiums for Nuklai’s clients, will bring trust and security for data sharing networks. This approach enables sustainable scaling of the data ecosystem. At the same time, the use of the latest Decentralized Physical Infrastructure Networks (DePIN) technology will enable Nuklai to tap into the data ecosystem of the emerging Economy of Things (EoT) industry (see also partnered project, peaq).
Today, you will find out how you can take part in Nuklai’s future with an upcoming sale of its NAI token on Fundrs, AllianceBlock’s decentralized fundraising platform.
Nuklai’s Decentralized Infrastructure and Custom Data Consortiums
Nuklai’s ecosystem and infrastructure-based approach to create new data economies means it’s applicable to a number of major industries. However, to illustrate its potential impact, consider the example of Nuklai’s future influence on the automotive industry.
As a leader in big data marketplaces, we stand to revolutionize industry collaborations by integrating Decentralized Physical Infrastructure Networks (DePIN). This integration would enable a car manufacturer on Nuklai’s platform to create a powerful, decentralized data-sharing ecosystem with energy companies and other partners. Leveraging DePIN’s autonomous and interconnected nature, Nuklai can facilitate seamless data exchanges, driving innovation and efficiency across sectors.
The platform further empowers curators to add and enhance relevant data and metadata. This functionality enriches the manufacturer’s data pool and rewards contributors, enabling a dynamic and mutually beneficial data exchange ecosystem. The incorporation of both public and private channels in this system amplifies its utility, particularly in powering next-generation Large Language Models and AI technologies.
Introducing the NAI Token: Powering the Data Ecosystem
Nuklai, as its name suggests, will become the nucleus, the core of the new data economy. It will unify the scattered segments of the data landscape, further enhancing and advancing the capabilities of next-generation large language models (LLMs) and artificial intelligence (AI). You can read more about the exact business strategy of Nuklai on the Fundrs pitch page.
The NAI token is multifunctional within the network. It facilitates payment of transaction fees, operation of validator nodes for network security, and distribution of rewards and computational resources. It empowers a balanced ecosystem where data and computational resources are efficiently shared and utilized. It’s crucial that this new token also recognizes and honors the ongoing contributions of AllianceBlock, its community, and NXRA token holders.
According to this Forbes article, 90% of data remains unused by corporates. Through Nuklai’s Data as a Service ecosystem, this data is easily transformed from a liability into new business models.
Upcoming Fundrs Sale: Sale, Early Access via rALBT, and 4 year Hardcore No Mercy Stakers
In recognition of the commitment and active participation of the AllianceBlock community and NXRA holders in Nuklai’s development, we’re excited to launch a special program as a token of our gratitude for this support. Soon, we will reveal the specifics of a unique early access opportunity via rALBT, AllianceBlock’s reputation-based token, and NAI, the native token of Nuklai.
Now, alongside earning rALBT through NXRA staking, users have the opportunity to acquire NAI tokens at no additional cost by burning their accumulated rALBT in exchange for early access to NAI. This marks the beginning of several new benefits that NXRA token holders will enjoy.
To participate in this upcoming event, you can consider staking your NXRA tokens on Fundrs, AllianceBlock’s decentralized peer-to-peer funding platform. Learn more about staking on Fundrs here. Opting for an extended staking period allows immediate receipt of your rALBT. A snapshot will be taken to determine the eligible rALBT balances for the swap.
The Fundrs sale will begin on 9th December 2023. In this section, you can find all the details that you need to participate and different ways to get involved:
If you want to participate in the sale on Fundrs:
- Price of NAI: $0.0025.
- Vesting schedule.
- Maximum supply: 10 billion.
If you want to swap your rALBT for NAI:
- In total, 200 million NAI is allocated for NXRA stakers on Fundrs.
- rALBT per ticket: determined on snapshot, the total allocation will be divided over all participants.
- Per person, a maximum of 3 million rALBT can be burned for NAI.
- The moment and exact process of the swap will be announced in December.
4-year Hardcore No Mercy Stakers:
- Will be able to claim NAI proportional to their stake. Their claim will be possible post TGE. How many NAI per staked NXRA will be communicated in January 2024.
More utilities coming for NXRA Stakers
As announced in the recent X Space hosted by Genfinity, additional utilities are coming for staking NXRA in Fundrs:
- It will be possible to participate in Fundrs fund raising rounds without burning rALBT, but those with rALBT enjoy a discount. The difference between the discounted price and the listing price will be distributed over the NXRA stakers that burn rALBT in exchange.
- It will be possible to burn rALBT to get access to tokens from previously listed projects on Fundrs and projects that will still be listed on Fundrs in the future.
And in the coming months even more utilities will be announced, for example, around tokenized RWA use cases.
In the meantime, you can check out Nuklai’s website or follow them on Twitter and Discord.
Are you interested to discuss a potential launch on Fundrs? Reach out to our business development team here.
About Nuklai
Nuklai is a collaborative data marketplace and the infrastructure provider for data ecosystems. It brings together the power of community-driven data analysis with the datasets of some of the most successful modern businesses.
The marketplace allows both grassroots data enthusiasts and institutional partners to find new ways to put untapped data to use and find new revenue streams. Our vision is to unify the fragmented data landscape by providing a user-friendly, streamlined, and inclusive approach to sharing, requesting, and evaluating data for key insights, better processes, and new business opportunities, empowering next generation Large Language Models and AI.
Follow Nuklai on X to stay updated on the latest Nuklai news and updates and Join the Nuklai Telegram community or Discord community.
About AllianceBlock
AllianceBlock is an infrastructure provider for decentralized tokenized markets. It empowers businesses with liquidity provisioning and allows them to compliantly issue, manage, and trade tokenized, digital assets including real-world assets (RWAs).
The AllianceBlock ecosystem of partners, clients, and ventures consists of top stakeholders from the financial industry, as well as the decentralized finance (DeFi) sector. Their unique product suite complies with global regulations and seamlessly integrates with legacy systems.
Follow AllianceBlock on X and join the Telegram Community to stay updated on the latest AllianceBlock news and updates.
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