Lightchain AI Advances with Developer Grants and Bonus Round Launch

Lightchain AI Successfully Concludes All Presale Phases

Lightchain AI, a pioneering blockchain infrastructure project aimed at AI-native applications, has achieved a significant milestone by completing all 15 presale phases without any delays. This critical achievement comes alongside the launch of a Bonus Round, during which tokens are available at the stable price of $0.007. The project has raised a total of $21 million to date, demonstrating strong investor confidence and interest.

Introduction of Developer Grant Program

With the commencement of the Bonus Round, Lightchain AI has also announced an innovative update to its tokenomics. The original team allocation of 5% has been eliminated and redirected to foster a new developer grant and protocol development initiative. This strategic shift has established a grant pool of $150,000 aimed at assisting builders within the ecosystem. The grant program is set to offer milestone-based funding, expert technical support, and enhanced visibility for developers.

Mission to Support Builders

According to a representative from Lightchain AI, this moment marks a pivotal shift towards empowering builders and improving long-term project viability. "By reallocating resources, we aim to create an essential infrastructure that supports scalable decentralized AI applications," said the spokesperson. This robust support framework is designed not only to attract developers but also to cultivate innovation in the blockchain space.

Technical Advancements of Lightchain AI

Lightchain AI boasts a cutting-edge sharded Layer 1 architecture strategically designed for high-throughput AI processing. This advanced framework enhances parallelized computation and dynamic gas pricing, ensuring that that it’s compatible with Ethereum-based tools. These features are essential for powering real-time decentralized AI applications, which include inference engines, model marketplaces, and extensive agent coordination systems.

Looking Ahead: Testnet Launch

The Bonus Round represents the final opportunity for participants to purchase tokens prior to reaching a significant technical milestone—the testnet launch planned for Q3 2025. Buyers have the convenience of using Ethereum (ETH) or Tether (USDT) as payment options through the ERC-20 network.

About Lightchain AI

Lightchain AI is recognized as a Layer 1 blockchain designed specifically to support AI functionalities and decentralized computational tasks. The project focuses on achieving low latency coupled with the capability for parallel execution, which is vital for AI-native smart contracts. Following the successful completion of its presale phases and the acquisition of $21 million, the platform is gearing up for its testnet launch.

For Further Information

To stay informed about Lightchain AI and its upcoming initiatives, you can explore their official website: https://lightchain.ai. Furthermore, additional resources such as the project’s whitepaper can be found at https://lightchain.ai/lightchain-whitepaper.pdf.

Contact Information:
SHAJAN SKARIA
Email: media@lightchain.ai

Frequently Asked Questions

1. What is the main objective of Lightchain AI?

The primary goal of Lightchain AI is to establish a blockchain infrastructure that efficiently supports AI-native applications and decentralized computation.

2. What innovations were introduced in the recent tokenomics update?

The recent update involved reallocating the 5% team allocation to a developer grant program, aimed at incentivizing project builders and enhancing innovation.

3. How much funding has Lightchain AI secured?

Lightchain AI has successfully raised a total of $21 million through its presale participation.

4. What payment methods are accepted in the Bonus Round?

Participants can use Ethereum (ETH) or Tether (USDT) for transactions during the Bonus Round.

5. When is the testnet launch slated to occur?

The testnet launch for Lightchain AI is scheduled for Q3 2025, marking a vital milestone for the project.

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