Openfabric: A decentralized AI platform fostering collaboration for AI innovation and scalable, fair AI applications.
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Openfabric is a decentralized AI platform designed to foster collaboration among AI innovators, data providers, businesses, and infrastructure providers. This collaboration aims to enable the development and utilization of innovative AI algorithms and services. It serves as a foundational Layer 1 for AI, creating a global network for building and connecting decentralized AI applications. The platform aims to reduce infrastructure demands and technical expertise needed to use AI applications, thereby opening up new market opportunities. Openfabric promotes fair market competition to cultivate large, dynamic, and collaborative communities. It utilizes blockchain technology to ensure scalable execution and prevent vendor lock-in.
As of now, Openfabric AI is trading at 0.02435 USD, with a 24-hour trading volume of approximately 81.61K USD. The OFN to USD price is updated in real time. Over the past 24 hours, Openfabric AI has decreased by 2.21%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 6.01M USD. Currently, there are 246 807 289 OFN in circulation out of a maximum supply of 500 000 000 OFN.
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