What is PinGo ($PINGO)?

Intermediate12/15/2024, 4:29:13 PM
PinGo is a decentralized GPU network using blockchain technology to optimize computational resource sharing

Introduction to PinGO

PinGO is a decentralized GPU network built on The Open Network (TON) blockchain, designed to support artificial intelligence (AI) and machine learning tasks by offering scalable and cost-effective solutions. It combines AI, Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud (DeCloud) technologies to make computational resources accessible. Its peer-to-peer system distributes tasks and storage across participants, removing the need for centralized servers and enabling distributed processing.

What is PingGO?

PinGo is a decentralized GPU network operating on The Open Network (TON) blockchain. It is designed to aggregate idle computing resources from data centers, decentralized storage providers, and other contributors into a unified network, an approach that maximizes the efficiency of computational power usage, providing scalable and cost-effective solutions for artificial intelligence (AI) and machine learning applications.

Many GPU and CPU resources remain idle in data centers, decentralized storage providers, and personal computing systems. PinGo aggregates these underutilized resources into a unified network, optimizing their usage. This approach transforms idle resources into valuable assets, making them available for computationally intensive tasks such as AI model training and large-scale data processing.

This network addresses many challenges in computational resource management, accessibility, and efficiency, particularly for artificial intelligence (AI) and machine learning applications.

The platform integrates AI technologies, Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud (DeCloud) solutions to create a comprehensive computational ecosystem, which enables users to share and access GPU resources efficiently, democratizing access to essential computational infrastructure. This system is particularly beneficial for developers, researchers, and enterprises engaged in AI and machine learning, as it reduces operational costs while providing a scalable and reliable resource pool.

PinGo’s peer-to-peer architecture is an important component of its functionality. The system distributes computational tasks and data storage across its network participants. Eliminating the need for central servers reduces potential bottlenecks and points of failure. This self-organizing framework ensures higher reliability and resilience, making it well-suited for distributed storage and processing.

Operating within the TON blockchain ecosystem provides PinGo with several technical advantages. The TON blockchain is a multi-blockchain platform built for scalability and designed to support decentralized applications and smart contracts. It employs sharding, which partitions the blockchain into smaller, manageable segments, allowing for parallel processing and efficient workload distribution. The proof-of-stake consensus mechanism further enhances the network’s efficiency and energy conservation, making it adaptable to the diverse computational demands of AI and machine learning projects.

The platform’s design and operational principles make it an innovative solution for leveraging underutilized computational resources. By combining decentralized technologies with blockchain-based transparency, PinGo enables a collaborative environment for computational sharing. It fosters innovation, reduces operational inefficiencies, and supports the rapid growth of AI and machine learning technologies in various industries.

PinGo’s focus on decentralization also aligns with broader tech industry trends that emphasize user empowerment and resource democratization. Its integration of advanced encryption methods ensures secure data processing, addressing privacy concerns commonly associated with distributed systems. By building on the TON blockchain, PinGo benefits from a strong technological foundation that ensures scalability, adaptability, and reliability for all network participants.

PinGO’s Development Team

The development team of PinGo comprises professionals with expertise in e-commerce, Web3 business, law, digital marketing, and community management. The team is led by CEO Bao Lee, who has over four years of experience in e-commerce and Web3 business. As CEO, Bao is responsible for strategic vision and leadership, focusing on utilizing decentralized technologies to transform access to computational resources.

The Chief Operating Officer (COO) is Imobeke Melvin, who has a law, digital marketing, and community management background. Melvin’s previous role as Community Lead for PinGo AI provided him with experience in strategic planning and community engagement. As COO, he oversees operations and contributes to advancing PinGo AI’s mission of making AI resources more accessible.

The Head of Marketing is Ms. Emily Scott, who leads global marketing initiatives with expertise in digital marketing and brand development. Her background includes consumer behavior analysis, which she applies to develop strategic marketing campaigns to promote PinGo’s CDN System and enhance brand visibility. She focuses on driving customer engagement and building lasting relationships with users.

This team structure supports PinGo’s goal of optimizing fragmented resources through AI and blockchain technologies.

Platform Architecture and Functionality

PinGo integrates artificial intelligence (AI), Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud solutions to create a unified platform for computational resource sharing. This integration addresses the issue of fragmented and underutilized computing power by aggregating idle resources from data centers and decentralized storage providers into a decentralized network. This approach maximizes resource utilization and offers a cost-effective AI and machine learning application solution.

The platform’s architecture enables users to contribute their idle computing resources, which are then pooled to form a decentralized network. This network provides a computing power foundation for building AI models, optimizing and democratizing access to essential computational resources, and driving innovation and efficiency in machine learning applications.

To ensure secure data processing within this decentralized framework, PinGo uses Fully Homomorphic Encryption (FHE). FHE allows computations to be performed directly on encrypted data without decryption, preserving data privacy throughout the processing stages. This capability is particularly beneficial in distributed computing environments, as it enables the processing of sensitive information while maintaining confidentiality.

By combining these technologies, PinGo offers a scalable and efficient solution for AI model development and deployment, addressing the growing demand for accessible and cost-effective computing resources in artificial intelligence.

PinGo’s Features

PinGo incorporates features that optimize and democratize access to computational resources. These features make it a versatile platform for diverse artificial intelligence (AI) and machine learning applications.

Decentralized GPU Resource Sharing

PinGo enables users to contribute idle GPU resources from data centers, decentralized storage providers, and individual computing systems to a shared network. This decentralized approach ensures that underutilized computational resources are aggregated and made available to users who require them for computationally intensive tasks.

The platform uses AI technologies, Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud solutions to build a scalable infrastructure. By pooling resources, PinGo creates a strong computational foundation suitable for AI model training and deployment. This system eliminates reliance on centralized service providers, reducing costs and increasing accessibility.

PinGo’s distributed architecture maximizes resource utilization and fosters collaboration among users, creating a shared economy of computational power. The platform’s ability to integrate fragmented resources into a unified network represents a significant step toward solving global computational resource management inefficiencies.

Cost-Effective AI Model Training

AI and machine learning projects often require significant computational power, which can be prohibitively expensive when sourced through traditional cloud services. PinGo provides an affordable alternative by using idle computing resources in its decentralized network. This model reduces operational costs for developers and organizations by eliminating intermediaries and optimizing resource allocation.

PinGo’s services are affordable, making them particularly valuable for startups, researchers, and small businesses working in AI and machine learning. By lowering the financial barriers to access high-performance computing, the platform fosters innovation and broadens participation in computationally intensive fields.

Scalability and Rapid Clustering Capabilities

Scalability is a very important requirement for computational systems, particularly in AI and machine learning, where workloads vary significantly. PinGo addresses this need through its decentralized network, which dynamically adjusts to changes in resource demand. The platform’s architecture allows for rapidly forming computing clusters, ensuring that users can scale their operations quickly and efficiently.

The rapid clustering capability of PinGo is particularly advantageous for projects that require burst computation, where processing needs spike for short periods. By assembling clusters on demand, the platform minimizes delays and maximizes efficiency.

Customization and Flexibility for Enterprise Solutions

Many enterprises face challenges in tailoring computational resources to meet their specific requirements. Traditional cloud platforms often lack the flexibility to configure resources for unique use cases. PinGo addresses this issue by offering a customizable interface that allows users to define parameters such as CPU allocation, geographic preferences, and security protocols.

This level of customization enables enterprises to design computational solutions that align with their operational needs. For example, a business can specify the location of resources to comply with data sovereignty regulations or prioritize security for sensitive workloads. PinGo’s flexibility extends to supporting hybrid and multi-cloud setups, giving enterprises greater control over their computational infrastructure.

$PINGO Token

The $PINGO token is the native utility token of the PinGo platform. It was designed to facilitate transactions and incentivize participation within its decentralized GPU network.

Token Specifications

  • Total Supply: 1,000,000,000 PINGO tokens.
  • Type: Utility token operating on The Open Network (TON) blockchain.
  • Contract Address: EQCRW…IsiQc3.

Token Distribution Model

The allocation of PINGO tokens is structured to support various facets of the platform’s ecosystem:

  • Platform Emissions: 400,000,000 PINGO (40% of total supply) are designated for platform emissions, serving as incentives for network participants and contributors.
  • Content Delivery Network (CDN) Services: 400,000,000 PINGO (40%) are allocated to support CDN services within the platform, enhancing data distribution capabilities.
  • Institutional Investments: 100,000,000 PINGO (10%) are reserved for institutional investors across multiple funding rounds, including Seed, Series A, and Series B.
  • Team: 40,000,000 PINGO (4%) are allocated to the development team, recognizing their contributions and commitment to the project’s success.
  • Community Airdrops: 60,000,000 PINGO (6%) are set aside for community airdrops, aiming to foster user engagement and platform adoption.

Vesting Schedules

To ensure long-term commitment and stability, PINGO tokens are subject to specific vesting schedules:

  • Institutional Investments: Tokens allocated to institutional investors are typically subject to vesting periods that align with industry standards, often involving a cliff period followed by linear vesting. \

  • Team Allocation: Team members’ tokens are vested over a predetermined period to maintain alignment with the project’s ongoing development and success. \

  • Community Airdrops: Airdropped tokens may have vesting conditions to encourage sustained engagement from community members.

These vesting schedules are implemented through smart contracts on the TON blockchain, ensuring transparency and adherence to the predefined release timelines.

By structuring the token distribution and vesting schedules in this manner, PinGo aims to align the interests of all stakeholders, promote active participation, and support the platform’s long-term growth and stability.

PinGo’s Tokenomics

PinGo’s economic model is designed to generate revenue and incentivize participation within its decentralized GPU network.

Revenue Generation Strategies

  • Content Delivery Network (CDN) Services: PinGo provides CDN services to major manufacturers. Each machine generates approximately $0.70 per day, resulting in steady monthly revenue of around $2 million. \

  • Gas Fees: The modular network deployed on The Open Network (TON) blockchain charges gas fees for various user activities, contributing to the platform’s revenue stream. \

  • Service Fees via Punny Bot: Tasks initiated through PinGo’s Punny bot incur service fees payable in $PINGO tokens, further enhancing the platform’s revenue.

Economic Incentives for Contributors of Idle Computing Resources

  • Platform Emissions: 40% of the total $PINGO token supply is allocated for platform emissions, distributed through mining to incentivize users who contribute computational power and engage in AI creation on the PinGo platform. \

  • CDN Network Participation: Another 40% of the $PINGO token supply is designated to incentivize CDN network node providers and users, encouraging active participation and resource sharing within the network.

PinGo aims to create a sustainable ecosystem that rewards contributors and supports the platform’s operational needs by implementing these strategies.

Conclusion

PinGo is a decentralized GPU network designed to optimize idle computational resources by aggregating them into a unified and efficient system. Built on The Open Network (TON) blockchain, PinGo provides a scalable platform for artificial intelligence (AI) and machine learning tasks. Its architecture integrates AI technologies, Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud solutions, ensuring efficiency and accessibility.

The platform supports decentralized GPU sharing, cost-effective AI model training, and scalability through rapid clustering capabilities. Enterprises benefit from customizable solutions that address specific computational needs. PinGo also ensures secure data processing through Fully Homomorphic Encryption (FHE), maintaining privacy while enabling distributed processing.

Author: Matheus
Translator: Cedar
Reviewer(s): Piccolo、KOWEI
Translation Reviewer(s): Ashely
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.

What is PinGo ($PINGO)?

Intermediate12/15/2024, 4:29:13 PM
PinGo is a decentralized GPU network using blockchain technology to optimize computational resource sharing

Introduction to PinGO

PinGO is a decentralized GPU network built on The Open Network (TON) blockchain, designed to support artificial intelligence (AI) and machine learning tasks by offering scalable and cost-effective solutions. It combines AI, Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud (DeCloud) technologies to make computational resources accessible. Its peer-to-peer system distributes tasks and storage across participants, removing the need for centralized servers and enabling distributed processing.

What is PingGO?

PinGo is a decentralized GPU network operating on The Open Network (TON) blockchain. It is designed to aggregate idle computing resources from data centers, decentralized storage providers, and other contributors into a unified network, an approach that maximizes the efficiency of computational power usage, providing scalable and cost-effective solutions for artificial intelligence (AI) and machine learning applications.

Many GPU and CPU resources remain idle in data centers, decentralized storage providers, and personal computing systems. PinGo aggregates these underutilized resources into a unified network, optimizing their usage. This approach transforms idle resources into valuable assets, making them available for computationally intensive tasks such as AI model training and large-scale data processing.

This network addresses many challenges in computational resource management, accessibility, and efficiency, particularly for artificial intelligence (AI) and machine learning applications.

The platform integrates AI technologies, Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud (DeCloud) solutions to create a comprehensive computational ecosystem, which enables users to share and access GPU resources efficiently, democratizing access to essential computational infrastructure. This system is particularly beneficial for developers, researchers, and enterprises engaged in AI and machine learning, as it reduces operational costs while providing a scalable and reliable resource pool.

PinGo’s peer-to-peer architecture is an important component of its functionality. The system distributes computational tasks and data storage across its network participants. Eliminating the need for central servers reduces potential bottlenecks and points of failure. This self-organizing framework ensures higher reliability and resilience, making it well-suited for distributed storage and processing.

Operating within the TON blockchain ecosystem provides PinGo with several technical advantages. The TON blockchain is a multi-blockchain platform built for scalability and designed to support decentralized applications and smart contracts. It employs sharding, which partitions the blockchain into smaller, manageable segments, allowing for parallel processing and efficient workload distribution. The proof-of-stake consensus mechanism further enhances the network’s efficiency and energy conservation, making it adaptable to the diverse computational demands of AI and machine learning projects.

The platform’s design and operational principles make it an innovative solution for leveraging underutilized computational resources. By combining decentralized technologies with blockchain-based transparency, PinGo enables a collaborative environment for computational sharing. It fosters innovation, reduces operational inefficiencies, and supports the rapid growth of AI and machine learning technologies in various industries.

PinGo’s focus on decentralization also aligns with broader tech industry trends that emphasize user empowerment and resource democratization. Its integration of advanced encryption methods ensures secure data processing, addressing privacy concerns commonly associated with distributed systems. By building on the TON blockchain, PinGo benefits from a strong technological foundation that ensures scalability, adaptability, and reliability for all network participants.

PinGO’s Development Team

The development team of PinGo comprises professionals with expertise in e-commerce, Web3 business, law, digital marketing, and community management. The team is led by CEO Bao Lee, who has over four years of experience in e-commerce and Web3 business. As CEO, Bao is responsible for strategic vision and leadership, focusing on utilizing decentralized technologies to transform access to computational resources.

The Chief Operating Officer (COO) is Imobeke Melvin, who has a law, digital marketing, and community management background. Melvin’s previous role as Community Lead for PinGo AI provided him with experience in strategic planning and community engagement. As COO, he oversees operations and contributes to advancing PinGo AI’s mission of making AI resources more accessible.

The Head of Marketing is Ms. Emily Scott, who leads global marketing initiatives with expertise in digital marketing and brand development. Her background includes consumer behavior analysis, which she applies to develop strategic marketing campaigns to promote PinGo’s CDN System and enhance brand visibility. She focuses on driving customer engagement and building lasting relationships with users.

This team structure supports PinGo’s goal of optimizing fragmented resources through AI and blockchain technologies.

Platform Architecture and Functionality

PinGo integrates artificial intelligence (AI), Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud solutions to create a unified platform for computational resource sharing. This integration addresses the issue of fragmented and underutilized computing power by aggregating idle resources from data centers and decentralized storage providers into a decentralized network. This approach maximizes resource utilization and offers a cost-effective AI and machine learning application solution.

The platform’s architecture enables users to contribute their idle computing resources, which are then pooled to form a decentralized network. This network provides a computing power foundation for building AI models, optimizing and democratizing access to essential computational resources, and driving innovation and efficiency in machine learning applications.

To ensure secure data processing within this decentralized framework, PinGo uses Fully Homomorphic Encryption (FHE). FHE allows computations to be performed directly on encrypted data without decryption, preserving data privacy throughout the processing stages. This capability is particularly beneficial in distributed computing environments, as it enables the processing of sensitive information while maintaining confidentiality.

By combining these technologies, PinGo offers a scalable and efficient solution for AI model development and deployment, addressing the growing demand for accessible and cost-effective computing resources in artificial intelligence.

PinGo’s Features

PinGo incorporates features that optimize and democratize access to computational resources. These features make it a versatile platform for diverse artificial intelligence (AI) and machine learning applications.

Decentralized GPU Resource Sharing

PinGo enables users to contribute idle GPU resources from data centers, decentralized storage providers, and individual computing systems to a shared network. This decentralized approach ensures that underutilized computational resources are aggregated and made available to users who require them for computationally intensive tasks.

The platform uses AI technologies, Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud solutions to build a scalable infrastructure. By pooling resources, PinGo creates a strong computational foundation suitable for AI model training and deployment. This system eliminates reliance on centralized service providers, reducing costs and increasing accessibility.

PinGo’s distributed architecture maximizes resource utilization and fosters collaboration among users, creating a shared economy of computational power. The platform’s ability to integrate fragmented resources into a unified network represents a significant step toward solving global computational resource management inefficiencies.

Cost-Effective AI Model Training

AI and machine learning projects often require significant computational power, which can be prohibitively expensive when sourced through traditional cloud services. PinGo provides an affordable alternative by using idle computing resources in its decentralized network. This model reduces operational costs for developers and organizations by eliminating intermediaries and optimizing resource allocation.

PinGo’s services are affordable, making them particularly valuable for startups, researchers, and small businesses working in AI and machine learning. By lowering the financial barriers to access high-performance computing, the platform fosters innovation and broadens participation in computationally intensive fields.

Scalability and Rapid Clustering Capabilities

Scalability is a very important requirement for computational systems, particularly in AI and machine learning, where workloads vary significantly. PinGo addresses this need through its decentralized network, which dynamically adjusts to changes in resource demand. The platform’s architecture allows for rapidly forming computing clusters, ensuring that users can scale their operations quickly and efficiently.

The rapid clustering capability of PinGo is particularly advantageous for projects that require burst computation, where processing needs spike for short periods. By assembling clusters on demand, the platform minimizes delays and maximizes efficiency.

Customization and Flexibility for Enterprise Solutions

Many enterprises face challenges in tailoring computational resources to meet their specific requirements. Traditional cloud platforms often lack the flexibility to configure resources for unique use cases. PinGo addresses this issue by offering a customizable interface that allows users to define parameters such as CPU allocation, geographic preferences, and security protocols.

This level of customization enables enterprises to design computational solutions that align with their operational needs. For example, a business can specify the location of resources to comply with data sovereignty regulations or prioritize security for sensitive workloads. PinGo’s flexibility extends to supporting hybrid and multi-cloud setups, giving enterprises greater control over their computational infrastructure.

$PINGO Token

The $PINGO token is the native utility token of the PinGo platform. It was designed to facilitate transactions and incentivize participation within its decentralized GPU network.

Token Specifications

  • Total Supply: 1,000,000,000 PINGO tokens.
  • Type: Utility token operating on The Open Network (TON) blockchain.
  • Contract Address: EQCRW…IsiQc3.

Token Distribution Model

The allocation of PINGO tokens is structured to support various facets of the platform’s ecosystem:

  • Platform Emissions: 400,000,000 PINGO (40% of total supply) are designated for platform emissions, serving as incentives for network participants and contributors.
  • Content Delivery Network (CDN) Services: 400,000,000 PINGO (40%) are allocated to support CDN services within the platform, enhancing data distribution capabilities.
  • Institutional Investments: 100,000,000 PINGO (10%) are reserved for institutional investors across multiple funding rounds, including Seed, Series A, and Series B.
  • Team: 40,000,000 PINGO (4%) are allocated to the development team, recognizing their contributions and commitment to the project’s success.
  • Community Airdrops: 60,000,000 PINGO (6%) are set aside for community airdrops, aiming to foster user engagement and platform adoption.

Vesting Schedules

To ensure long-term commitment and stability, PINGO tokens are subject to specific vesting schedules:

  • Institutional Investments: Tokens allocated to institutional investors are typically subject to vesting periods that align with industry standards, often involving a cliff period followed by linear vesting. \

  • Team Allocation: Team members’ tokens are vested over a predetermined period to maintain alignment with the project’s ongoing development and success. \

  • Community Airdrops: Airdropped tokens may have vesting conditions to encourage sustained engagement from community members.

These vesting schedules are implemented through smart contracts on the TON blockchain, ensuring transparency and adherence to the predefined release timelines.

By structuring the token distribution and vesting schedules in this manner, PinGo aims to align the interests of all stakeholders, promote active participation, and support the platform’s long-term growth and stability.

PinGo’s Tokenomics

PinGo’s economic model is designed to generate revenue and incentivize participation within its decentralized GPU network.

Revenue Generation Strategies

  • Content Delivery Network (CDN) Services: PinGo provides CDN services to major manufacturers. Each machine generates approximately $0.70 per day, resulting in steady monthly revenue of around $2 million. \

  • Gas Fees: The modular network deployed on The Open Network (TON) blockchain charges gas fees for various user activities, contributing to the platform’s revenue stream. \

  • Service Fees via Punny Bot: Tasks initiated through PinGo’s Punny bot incur service fees payable in $PINGO tokens, further enhancing the platform’s revenue.

Economic Incentives for Contributors of Idle Computing Resources

  • Platform Emissions: 40% of the total $PINGO token supply is allocated for platform emissions, distributed through mining to incentivize users who contribute computational power and engage in AI creation on the PinGo platform. \

  • CDN Network Participation: Another 40% of the $PINGO token supply is designated to incentivize CDN network node providers and users, encouraging active participation and resource sharing within the network.

PinGo aims to create a sustainable ecosystem that rewards contributors and supports the platform’s operational needs by implementing these strategies.

Conclusion

PinGo is a decentralized GPU network designed to optimize idle computational resources by aggregating them into a unified and efficient system. Built on The Open Network (TON) blockchain, PinGo provides a scalable platform for artificial intelligence (AI) and machine learning tasks. Its architecture integrates AI technologies, Decentralized Physical Infrastructure Networks (DePIN), and decentralized cloud solutions, ensuring efficiency and accessibility.

The platform supports decentralized GPU sharing, cost-effective AI model training, and scalability through rapid clustering capabilities. Enterprises benefit from customizable solutions that address specific computational needs. PinGo also ensures secure data processing through Fully Homomorphic Encryption (FHE), maintaining privacy while enabling distributed processing.

Author: Matheus
Translator: Cedar
Reviewer(s): Piccolo、KOWEI
Translation Reviewer(s): Ashely
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
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