PepeCoin ($PEPECOIN) has launched its $BASED mainnet, a platform designed to integrate artificial intelligence (AI) and blockchain technology for decentralized AI development. The platform, which becomes fully operational next month, introduces a new era of community-driven AI ownership and participation.
The $BASED mainnet enables users to mint AI-powered subnets, known as “Brains,” by redeeming digital tokens called Brain Credits ($BCRED). As of this announcement, 30% of the Brain Credits supply is now circulating, with relevant guides and developer documentation scheduled for release soon.
“By allowing users to have a stake in AI models, the $BASED platform promotes inclusivity in AI development,” said the PepeCoin development team.
Key Features of $BASED Mainnet
- Brain Credits Integration: Users redeem $BCRED to create Brains, subnets fueling the BasedAI Network.
- AI Model, The TFT Enforcer: This Temporal Fusion Transformer model is designed to optimize resource usage by prioritizing tasks and tracking activity across Solana and Ethereum blockchains.
- Deflationary Mechanism: A recent burn event reduced the PEPECOIN supply by 21%, making tokens scarcer and potentially increasing their value.
Recent Milestones
PepeCoin, which boasts a $514 million market cap and a circulating supply of 110.37 million tokens, has seen exponential growth, with a 16,953% increase over the past year. The recent burn event converted a significant portion of tokens into Brain Credits, aligning with the platform’s vision of decentralized AI.
Community-Driven AI Ownership
With the $BASED mainnet launch, PepeCoin aims to decentralize AI ownership, making it accessible to a broader audience. The integration of blockchain technology ensures transparency, while the inclusion of AI subnets encourages diverse community participation.
“The fusion of AI and blockchain creates transformative opportunities, and $BASED is at the forefront of this movement,” the team emphasized.
Next Steps for Users
- Users can begin redeeming $BCRED to mint Brains, with detailed guides forthcoming.
- The TFT Enforcer AI model will provide real-time updates via the PepeCoin X account.
- Developer resources and additional mainnet information will be made available.
About PepeCoin
Launched in 2016, PepeCoin is the original meme coin, inspired by the “Pepe the Frog” meme. It combines community engagement with blockchain innovation to create a decentralized social layer for decentralized finance (DeFi).
With its latest development, PepeCoin positions itself as a pioneer in blending AI and blockchain technology for a decentralized future.
