Partnership Announcement: Phala & GM Network
2024-06-18
Phala & GM Network Announce Partnership: DePIN x AI
We are excited to announce a new partnership between Phala Network and GM Network, two protocols with a shared mission of innovating the DePIN and AI landscape. Both teams believe that while addressing computing power is crucial, greater opportunities lie in data and application scenarios.
Through this partnership, Phala Network and GM Network will combine their expertise and resources to tackle pressing challenges faced by AI in the blockchain field - computing power, data, and application scenarios.
About GM Network
GM Network is an innovation developed by GM Labs, aiming to bridge the gap between the real and the virtual worlds. It is the first consumer AIoT network. Developed in collaboration with AltLayer & EigenLayer, GM Network represents a leap forward in the integration of AI and Web3 technologies. As the world embraces the fourth industrial revolution, GM Network is poised to be a significant player, generating real-world data through smart devices and electric vehicles, and offering new interaction methods and entry points for AI.
The demand for consumer DePIN+AI comes from data and scenarios. Where data provides AI with more real and accurate physical world data and scenarios provide new human-machine interaction methods and entry points for AI.
About Phala Network
Phala Network is a DePIN powered Coprocessor for AI. Building at the forefront of innovation with its AI-Agent Contract, Phala is transforming decentralized AI agents. Builders can revolutionize AI agents with tokenomics and governance control, ensuring operation within a decentralized framework that eliminates central authority control.
AI-Agent Contract is a platform where developers and users can collaboratively create, own, and monetize AI agents, fostering an era of enhanced innovation and utility in blockchain applications.
As a powerful DePIN network, Phala’s core value proposition is providing verifiable compute based on a decentralized TEE network. The AI-Agent Contract is the main developer platform on Phala’s TEE network.
Pushing for incentives and communication by connecting real & virtual worlds
Integrating with GM’s modular layers, Phala can create many diverse use cases for this multi-agent economy. Among others, this collaboration will facilitate the integration of GM Network’s future AI Agents into Phala’s Agent Contract to ensure verifiable compute as well as Agent monetization.
Phala’s coprocessor can facilitate the development of smarter and more responsive AI agents. Combining both tech stacks we can ensure modularity and interoperability for agents. Encouraging the creation of modular AI agents with capabilities of easy interaction and collaboration. Agents developed by the GM Network team will be able to be traded and utilized by the community, democratizing access to AI technologies and incentivizing innovation.
Stay tuned for upcoming integrations.
Learn more about GM Network:
- Website: https://gmnetwork.ai/
Stay up to date on Phala’s developments:
Explore Agent Wars: https://bit.ly/4equkOK