Bagel (Crypto): Decentralized AI Platform for Earning

In today’s digital age, Artificial Intelligence (AI) is rapidly evolving, opening up countless opportunities for developers and creators. One of the groundbreaking projects in the AI field is Bagel, a decentralized AI platform developed by the Coin98 project. Bagel not only brings advanced AI models but also offers passive income opportunities for developers. Let’s explore the key features of this platform and how it can reshape the AI industry.

1. Key Features of Bagel

Bagel is designed to support developers in sharing and monetizing their AI models. One of the most important features of Bagel is its decentralized AI model sharing platform. This means developers can easily share their AI models and receive rewards from the community.

Bakery, the platform’s marketplace, is one of Bagel’s highlights, where AI models can be shared in a transparent and easy-to-use way. Every developer can upload their models and earn income through their usage. This is a huge opportunity for AI enthusiasts to generate passive income by contributing to the community.

2. Security and Data Protection

One of the crucial aspects of any AI platform is data security. Bagel places a strong emphasis on protecting sensitive parameters of AI models. The platform utilizes advanced security technologies such as Zero-Knowledge Proofs (ZKP) and Privacy-Preserving Machine Learning (PPML) to safeguard privacy and security for users.

This not only helps developers protect their intellectual property but also ensures that AI models are not misused or violated in terms of copyright. This absolute security creates a safe environment for AI models to grow and be shared without concerns over data breaches.

3. Bagel’s Development Team and Investors

Bagel is not just a product of creativity but also the result of a highly experienced team in the technology field. Bidhan Roy, the founder of Bagel, has many years of experience working at major corporations like Amazon and investing at Hyperbolics Labs. Roy’s expertise, along with the team, has helped Bagel grow significantly in the AI industry.

In June 2024, Bagel successfully raised $3.1 million in a Pre-Seed funding round, attracting investments from reputable funds like CoinFund, Protocol Labs, and Borderless. The involvement of these investors not only proves Bagel’s vast potential but also helps the platform grow steadily and achieve remarkable success in the future.

4. Bagel: Solving Major Challenges in the AI Industry

In the AI industry, one of the significant problems developers and researchers face is recognizing and rewarding open-source model contributions. Bagel has addressed this issue by developing the Bakery platform, where developers can share their models and receive fair compensation for their contributions.

Through its sharing and reward mechanisms, Bagel is not only promoting innovation in the AI industry but also creating a decentralized AI ecosystem where everyone can participate and benefit. This not only helps grow the AI industry but also makes AI models more transparent, accessible, and easier to develop.

Conclusion

Bagel is becoming a promising decentralized AI platform, offering development and monetization opportunities for developers. With its advanced security features, innovative AI model sharing mechanism, and talented development team, Bagel is sure to continue making breakthroughs in the AI industry. If you are an AI developer, don’t miss the chance to join the Bagel community and explore the potential this platform has to offer.