#United States #San Francisco #AI Services #Planck Network #Layer-0 Blockchain

Planck Network Introduces a New Era for AI-Driven Decentralized Services

In a significant move in the blockchain and AI sectors, Planck Network has officially unveiled a pioneering layer-0 blockchain that aims to redefine the foundation of AI-native services and decentralized applications. This industry-first modular framework is specifically designed to cater to Web3 developers, making integration with AI functionalities seamless and efficient.

Addressing Modern Needs with Layer-0

The introduction of a layer-0 solution signifies a revolutionary approach, offering foundational infrastructure that can support various layer-1 blockchains, rollups, and decentralized services. By providing direct access to decentralized computing options, this blockchain infrastructure alleviates the need for developers to interact with external compute resources, thereby enhancing operational efficiency.

CEO Diam Hamstra emphasized the capabilities of the Planck Network, stating, "Planck Network serves as a comprehensive infrastructure layer that integrates high-performance hardware with a modular blockchain architecture. Our aim is to empower developers to create decentralized AI applications without relying on centralized cloud services."

The Infrastructure Behind Planck Network

The core architecture facilitates a shared validator infrastructure, ensuring interoperability among services while enabling GPU compute options and cross-chain messaging via the Planck Network Tunnel. This protocol is expected to support over 30 blockchain networks, including major players like Ethereum, BNB Chain, Near, and Polkadot.

Key Features of Planck Network:

• - AI-Optimized Layer-1 Chain: The Planck Network's unique layer-1 chain is tailored for AI tasks like model training and inference, operating on enterprise-grade GPU nodes.
• - Decentralized AI Cloud: Access advanced GPU options, including models like H100 and RTX 4090, at a fraction of the cost compared to traditional cloud providers, ensuring affordable service delivery for developers.
• - AI Studio: A low-code platform facilitating model deployment and various pipeline automation features supports both open-source and proprietary models, making it accessible for a wider range of users.

Innovative Revenue and Token Mechanisms

An important aspect of the Planck Network ecosystem is its $PLANCK token, which acts as the native currency. The token's utility extends beyond transactions; it supports staking to manage workloads and commitments. Moreover, users can engage in liquid staking through LPLANCK, which provides rewards and enhances utility within the ecosystem.

The platform's revenue model includes a buyback mechanism where earnings from GPU tasks, paid in USDC, are used to purchase $PLANCK tokens, potentially increasing demand and maintaining token value. This encourages active participation from the user community and contributes to a robust ecosystem.

Building a Future-Oriented Ecosystem

Planck Network has garnered attention from various stakeholders in the Web3 space, receiving significant backing from investors like DNA Fund and GDA Capital. With approximately $3.5 million raised in early-stage investments and an additional $4 million through token sales, the network is positioned to drive innovation in decentralized services.

Support and Strategic Partners

This new infrastructure's support relies on substantial institutional backing, with partnerships and investments from prominent figures in the blockchain ecosystem. The commitment from both strategic and financial entities reflects a shared vision of advancing decentralized AI applications, further solidifying the Planck Network's role as an industry leader in integrating AI with blockchain technology.

Conclusion

Planck Network's launch marks a notable advancement in the integration of blockchain with AI and decentralized services. By providing powerful, scalable, and cost-effective infrastructure, this modular layer-0 blockchain stands to empower developers and redefine the future of Web3 development. As the landscape of technology continues to evolve, Planck Network is poised to be at the forefront of innovation, facilitating a more interconnected and efficient digital ecosystem.