Large Language Models (LLMs) like GPT-3 have transformed various industries by automating tasks and enhancing experiences. However, LLMs often struggle with specialized, industry-specific applications due to their broad training data. Specialized Language Models (SLMs) address these limitations by focusing on specific domains, which provide more accurate and relevant responses for industry-specific needs.

OpenLedger is revolutionizing AI by creating specialized SLMs and integrating them with blockchain technology. Through payable AI, OpenLedger enables users to monetize their AI models and data contributions, fostering a transparent and collaborative ecosystem. This combination ensures high-quality, domain-specific outputs and secure, verifiable transactions.

What is OpenLedger?

Source: Openledger website

OpenLedger is a data blockchain platform designed specifically for AI that provides a decentralized trust infrastructure to create specialized language models (SLMs). By leveraging “Datanets” to gather and curate data, OpenLedger enables the development of advanced models. These SLMs are then utilized by AI agents, chatbots, copilots, and various other applications, offering tailored and precise solutions. OpenLedger’s impressive achievements include over $6 billion in restaked assets, 12+ operators actively contributing to the network, and a community of more than 40,000 stakers. These milestones underscore the platform’s growing influence and the confidence the community places in its innovative approach.

Key Features of OpenLedger

• Decentralized Trust Infrastructure: OpenLedger’s decentralized trust infrastructure ensures that data integrity and transparency are maintained throughout the platform. By decentralizing control, OpenLedger eliminates the risk of a single point of failure and reduces the likelihood of data manipulation.
• Datanets: Datanets are a crucial component of OpenLedger. They are responsible for collecting and curating high-quality data from various sources. This data is essential for training specialized language models (SLMs) that are accurate and relevant to specific industries.
• Specialized Language Models (SLMs): OpenLedger focuses on developing SLMs that cater to the unique needs of different industries. Unlike general language models, SLMs are trained with domain-specific data, which allows them to provide precise and contextually appropriate responses.
• Payable AI Models: One of OpenLedger’s innovative features is the concept of payable AI models. This system enables users to monetize their AI models and data contributions. Contributors can earn rewards by participating in the creation and refinement of these models.
• Blockchain Integration: Integrating blockchain technology with AI provides several benefits. Blockchain ensures that all transactions are secure, transparent, and verifiable. This adds an extra layer of trust and accountability to the platform.

Why OpenLedger Matters

• For AI Developers: OpenLedger provides a platform to develop specialized AI models, enhancing their capabilities and market reach. It offers access to high-quality data and a secure infrastructure for creating innovative solutions.
• For Data Contributors: Incentives and Rewards: OpenLedger ensures that data contributors are fairly compensated, encouraging a collaborative ecosystem. Contributors are rewarded for their data, fostering continuous improvement of the models.
• For Businesses: Use Cases and Impact: OpenLedger offers businesses industry-specific AI solutions that enhance efficiency and decision-making. OpenLedger provides tailored models that address unique business needs, from finance and healthcare to supply chain management.

OpenLedger Payable AI

OpenLedger combines a new economic model for AI with blockchain technology. By leveraging AI’s unlimited potential and decentralized trust, OpenLedger paves the way for the world’s first AI models that can pay you. This innovative approach, called Payable AI, ensures fair compensation for data contributors and model creators.

OpenLedger Payable AI Infrastructure

Payable AI Models

OpenLedger is focused on making Specialized Language Models (SLMs) more compact and efficient while adding the ability to explain data influence from various data points across different datanets. This means you can build an SLM by combining two or more datanets, allowing inferences to be drawn from multiple data sources with proper attribution.

Datanet Layers

OpenLedger sources its specialized data through Datanets. There will be numerous datanets, each specialized for a particular use case. The data can be in the form of text, images, audio, video, or documents.

Datanets have three main roles:

1. Datanet Owners

2. Data Contributors

3. Validators

Some key datanets that have already started building include Data Intelligence Datanet, IP Datanet, Depin Datanet, Creator Datanet, Web3 Dev Datanet, and Web3 Alpha Datanet.

Blockchain Layer

OpenLedger utilizes an EVM-compatible Layer 2 blockchain, where smart contracts for data contribution and attribution are available as precompiled contracts. This blockchain infrastructure opens up endless possibilities for new applications. On-chain inference, AI-specific game engines, and smart DeFi solutions can be created, showcasing the limitless potential of this technology.

How OpenLedger Makes Models Payable

OpenLedger makes its AI systems payable through Proof of Attribution. This core principle ensures fair reward distribution to data providers who contributed to model development.

• For Data Contributors: Proof of Attribution provides visibility into how their data is utilized within AI models, ensuring they are fairly credited and compensated for their contributions through a decentralized trust mechanism.
• For AI Model Developers: It enables developers to trace data sources and understand their impact on model behavior, making it easier to debug, refine, and optimize AI models for improved performance and reliability.
• For AI Agent Builders: By leveraging Proof of Attribution, they can create AI Agents that see the provenance of the data, enabling trust and confidence.

OpenLedger Testnet

The OpenLedger Testnet is the foundational step in building the OpenLedger ecosystem. It focuses on collecting and curating data through specialized networks known as Datanets. The first of these, the Data Intelligence Datanet, is dedicated to gathering and refining internet-sourced data for AI applications. This testnet environment is essential for testing and developing the infrastructure to support OpenLedger’s ambitious goals.

Data Intelligence Layer

The Data Intelligence Layer is the first phase of the OpenLedger Testnet. It is a growing repository of internet-sourced data powered by community nodes. This data undergoes curation, enrichment, categorization, and augmentation processes to provide Large Language Model (LLM)-ready auxiliary intelligence for building specialized AI models on OpenLedger.

The Data Intelligence Layer relies on community nodes that run on edge devices using community hardware. Once registered, these nodes utilize computational resources to perform data collection and processing tasks. Contributors earn rewards based on their activity levels and participation, incentivizing sustainable community-driven data sourcing. A former Google DeepMind engineer and the Data Bootstrap team developed this innovative data source, making it a one-of-a-kind resource for decentralized AI development.

Openledger Fundraising Journey

OpenLedger announced an impressive $8 million seed round led by Polychain Capital and Borderless Capital on the 2nd of July 2024. This funding round marks a significant milestone for OpenLedger as it aims to address the bottleneck of data in AI by creating a verifiable, permissionless, and censorship-free infrastructure. The seed round also attracted other prominent investors such as MH Ventures, Finality Capital, HashKey Capital, Mask Network, and WAGMI Ventures.

Founded in 2024, OpenLedger is supported by a dedicated team of core contributors who bring their expertise and vision to the platform. Key team members include Kamesh and Ramkumar Subramanian. These core contributors drive OpenLedger’s mission forward, ensuring the platform’s continuous development and success.

Getting Started with OpenLedger

How to Access OpenLedger on Android

1.Access the OpenLedger Testnet: Navigate to OpenLedger Testnet and log in using your social authentication.

2.Download the Android App: Download the Android app and log in using the same social authentication (use the same Gmail account).

3.Register Your Device: Once logged in, your device will be registered as a new worker, and you can start earning as soon as you run a node (30 seconds).

4.Daily Rewards: Click the “Daily Rewards” button to earn 50 points.

5.Referrals: Click “Refer a Friend” to copy a new referral link. If your friend downloads and runs the node through your referral, you will earn 50 points.

How to Set Up OpenLedger Node on Windows

1.Access the Store: Visit the OpenLedger Testnet Website to download the node installer.

2.Install Docker: Click the provided link (as shown in the popup) to download and install Docker. Open Docker after installation (sign-in is not required).

3.Download the Node: Download the link to download the Windows node installer zip file. Unzip the downloaded folder and click the .exe file to install the node. Follow the prompts to complete the installation.

4.Open and Log In: Open the node application.

• Existing users: Log in with your existing account.
• New users: If you don’t have an account, click “Create an Account” and follow the instructions to register.

5.Set Up the Node: After logging in, click the “Setup Node” button and follow the prompts to complete the setup process.

6.Connect the Node Worker: Once logged in, click the “Connect” button to initiate the node worker. When the connection is successful, the button will turn green.

7.Your node is now connected. Visit the OpenLedger Testnet website, log in, and click the dashboard to view your stats and connected nodes.

How to Install OpenLedger Node using Chrome Extension

1.Install the Chrome Extension: Visit the Openledger Testnet website. Go to the “Store” tab and click “Add Extension.” Click “Add to Chrome” and confirm the installation.

2.Configure the Extension: Click the OpenLedger icon in the Chrome toolbar after installation. Log in with your Google account if you’re an existing user. New users should register on the website and log in to their node.

3.Setup Completion: Once logged in, the extension will connect to OpenLedger and establish the node connection.

4.Verify Node Status: Open the extension menu. Check the node status by logging into the dashboard on Openledger Testnet website to confirm it is active and connected. Note: The node will stop when the browser is closed.

How to Install OpenLedger Node on Linux (Ubuntu)

1.Install Docker: Follow the official guide for Docker installation on Ubuntu. Ensure Docker has been installed correctly by checking the Docker version.

2.Download and Install the Node: Visit https://testnet.openledger.xyz to download the node worker installer. Follow the instructions in the installer to set up the node.

3.Run the Installer: Execute the installer to complete the node setup process.

OpenLedger Earning Mechanisms

OpenLedger offers a dynamic and evolving reward structure to incentivize contributions to the platform. Participants can earn points and rewards through various mechanisms, paving the way for a thriving mainnet ecosystem.

Network Earning

OpenLedger’s testnet rewards system incentivizes active node participation, encouraging consistent engagement and contribution to the network. To earn points on the OpenLedger network, you must run at least one beat on your node. A beat signifies 30 seconds of active participation and connectivity to the testnet.

By clicking “Claim Daily,” you can earn an extra 50 testnet points daily. Nodes must remain active for at least one heartbeat (30 seconds) to start earning. Ensuring continuous uptime and activity is key to achieving maximum rewards in each time interval.

Referral Earnings

Spread the word about OpenLedger and earn rewards by referring your friends and family to run nodes. The referral program helps grow the decentralized network and offers exciting incentives for early participants. You earn 10% of the daily heartbeat points your direct referrals accumulate after they have successfully run the node. Additionally, you receive a standard 50 points when a direct referral successfully runs the node for the first time. Once they successfully run the node, you will also earn 5% of the daily heartbeat points from the people your referrals invite (secondary network). You also receive 50 points when someone in the secondary network runs the node for the first time.

Example: If your referral earns 1,000 points in a day after running the node, you receive 100 points for that day. This reward continues daily as long as your referral remains active and consistently runs the node. If a secondary referral earns 1,000 points in a day after running the node, you gain 50 points for that day.

Note: The reward accumulation is limited to referrals within two degrees of separation.

Bonus Earnings

OpenLedger also offers additional points rewarded during specific events and milestones. These bonus earnings provide extra incentives for active participation and contribution to the network. A user can run up to 10 nodes. Ensuring maximum participation within this limit can further enhance your earning potential.

Tier System and Progression

OpenLedger has a tier system in place to keep things exciting and engaging for users. You’ll progress through 8 different tiers as you interact with the platform. Each tier has its own set of milestones, where you’ll earn points or refer others to level up. The further you go, the bigger and better the rewards!

Conclusion

OpenLedger is paving the way for a new era in AI by merging the power of specialized language models (SLMs) with the transparency and security of blockchain technology. Through its innovative approach, OpenLedger is creating a decentralized ecosystem where AI models can be monetized, and data contributors are fairly compensated. From its robust infrastructure and high-quality data sourcing through Datanets to its dynamic earning mechanisms, OpenLedger offers a comprehensive platform for developers, businesses, and data contributors. By participating in the OpenLedger ecosystem, users can contribute to developing cutting-edge AI models, earn rewards, and be part of a collaborative, transparent, and secure network.