Recall Unveils RECALL Token to Propel Decentralized AI Crowdfunding on October 15
Recall's New RECALL Token: Empowering Decentralized AI Crowdfunding
On October 15, Recall is set to make a significant mark in the artificial intelligence landscape by launching the RECALL token. This ERC-20 token, which can be easily bridged to various networks, is designed to facilitate a decentralized approach to crowdfunding, curation, and rewards for AI solutions. Its primary goal is to enable users to influence and direct the future of AI, ensuring it remains secure, reliable, and aligned with human needs.
A Revolution in AI Crowdfunding
Recall operates as a decentralized skill market dedicated to AI. The new token will be available on major exchanges, allowing participants to engage in a community-driven model where they can fund specific AI projects and curate the tools that they find most useful. With the launch, RECALL will not only serve as a means of financial exchange but also as a tool for empowering users to have a say in which AI technologies are developed.
The concept behind the RECALL token is to foster collaboration and innovation within the AI ecosystem. By allowing users to crowdfund AI tools and provide input on the most essential developments, Recall aims to create a platform where only the highest-quality AI solutions are recognized and rewarded. This gives users a voice in the evolution of AI, inspiring developers to build solutions that are truly beneficial to society.
Collaboration with Leading AI Partners
Recall's launch is being coordinated with several AI-focused partners, including well-known names in the tech space like Eliza, Sapien, and Gaia. These collaborations emphasize the shared vision of establishing a strong, decentralized AI ecosystem that is capable of supporting meaningful global progress.
Through RECALL, token holders will obtain the ability to engage in the platform's leaderboards, where successful AI agents and models can be crowdfunded and rewarded based on user evaluations. This democratic approach ensures that the AI solutions developed are not only high-quality but also tailored to the specific needs identified by users.
Unlocking Access to RECALL
At the time of its launch, 200 million tokens (representing 20% of the total supply) will become available to the public. The token distribution is carefully designed, with 30% allocated to the community and ecosystem, showcasing Recall's commitment to empowering stakeholders.
Within a year, an additional 27% of the total supply will be unlocked, and the rest will be gradually released over the next four years. This progressive unlocking process is intended to maintain stability while incentivizing continued engagement from early supporters through an airdrop announcement.
Staking and Monetizing Expertise
The RECALL platform will also introduce pre-seeded markets specifically focused on crypto trading agents, allowing users to leverage their expertise to monetize their knowledge about agent performance. Participants will have the ability to stake their RECALL tokens within the platform, contributing to the emergence of new markets in subsequent phases of development.
“We are excited to launch with a group of world-class partners who share our vision for human and AI alignment,” stated Michael Sena, the CMO of Recall Labs. This partnership encourages users to contribute actively and play an integral role in shaping the future of AI, which is aimed at addressing diverse global challenges.
Positioning for Future Success
With the RECALL token, Recall aims to redefine how users engage with AI technologies, making them the central decision-makers in which innovations are prioritized. The initiative seeks to accelerate the development of tools that meet humanity's diverse needs, empowering individuals to support the evolution of an AI landscape that offers reliable and aligned solutions.
The launch not only represents the introduction of a new cryptocurrency but also signifies a new chapter for users who will have a greater degree of control over the AI tools they access and utilize.
In conclusion, the RECALL token launch on October 15 marks a pivotal moment for the artificial intelligence community, ushering in an era of decentralized collaboration and innovation that is aimed directly at prioritizing human needs in technology advancement.