Thanks to favorable market sentiment driven by interest rate cuts, Bitcoin ETFs, and election results, Bitcoin has recently shown strong performance, reaching new all-time highs. In addition, the narrative around AI has become a hot topic of discussion in this cycle. Among the narrative of combining Bitcoin and AI, AILayer stands out with impressive performance.

1. Introduction to AILayer

AILayer is a Layer 2 solution built on the Bitcoin network that combines AI with blockchain technology to address some of the most critical issues in AI application development and deployment. By decentralizing AI and connecting it to Bitcoin's secure and transparent network, AILayer provides developers and users with a way to build, scale, and access AI models and services without the need for expensive cloud infrastructure or centralized control.

AILayer can be understood from two key perspectives:

a) The Power of Combining Bitcoin and AIAILayer uses the Bitcoin network to guarantee security. It’s like having a strong lock (Bitcoin) to protect all your AI tools and applications. Developers can build their applications on AILayer, knowing that their data and transactions are secure.

b) The Expansion of the AI LayerThe combination of AI and Web3 has multiple aspects. AILayer will provide an expansion layer for AI, offering everything from decentralized computing power and model libraries to AIGC (Artificial Intelligence Generated Content) applications, including image, text, and video generation. AILayer will provide one-stop infrastructure support.

In recent months, AILayer has made significant progress and has attracted investment from leading Web3 venture capital firms and renowned Web3 KOLs (Key Opinion Leaders) such as Amber Group, WaterdripFund, Cipholio Ventures, SatoshiLab, MH Ventures, Bitrise, Luminescence, and Foundinals. Let’s review some key milestones:

1. April 2024: Full deployment of core infrastructure, AILayer mainnet goes live.

2. May 2024: One month after the mainnet launch, staking activities reached a TVL of $700 million, demonstrating the strength and stability of AILayer's infrastructure and attracting promising developers, investors, and users.

3. Social Engagement Activities: Multiple social engagement campaigns attracted over 300,000 participants, creating a huge wave on social media platforms like X (formerly Twitter).

4. Strategic MOU with the Kyrgyzstan Government: AILayer signed a memorandum of understanding with the Kyrgyzstan government, focusing on Bitcoin nodes, AI computing power, and Web3 application innovations.

5. June 2024: AILayer entered into a strategic partnership with BounceBit, coinciding with BounceBit’s listing on Binance. As a leading CeDeFi project, AILayer injected strong vitality into the TVL of the BounceBit ecosystem.

6. July 2024: AILayer formed a strategic partnership with Solv Protocol to lay the foundation for SolvBTC’s multi-network expansion. Additionally, SolvBTC generated on the AILayer chain can be staked on Bitcoin's Layer 1 protocol, Babylon, to earn excess staking rewards.

As of today, AILayer’s ecosystem has experienced exponential growth. AILayer now boasts over 1,000,000 active addresses and more than 1.7 million transactions, with over 100 ecosystem projects. Its TVL on the Bitcoin chain consistently ranks 6th, slightly surpassing the previously highly popular Bitcoin Layer 2 network, Merlin Chain.

2. AILayer's Technical Features

AILayer’s technological approach balances the development of decentralized AI with the growth of Bitcoin, while maximizing compatibility with the existing large developer ecosystem. Built on the Bitcoin network, AILayer has developed a three-layer architecture, including the Bitcoin mainnet, a Layer 2 settlement network, and the AI layer.

Layer 2 Network:
AILayer’s mainnet is compatible with the Ethereum Virtual Machine (EVM), allowing developers to leverage existing tools and smart contract functionality within the AILayer ecosystem. This EVM compatibility not only simplifies the development process but also supports cross-chain interactions, expanding the scope for developers to create interoperable applications that connect Bitcoin with other blockchains.

At the same time, AILayer’s official cross-chain bridge uses decentralized nodes and is developed through secondary development of a decentralized protocol based on Map Protocol, maximizing the realization of Satoshi Nakamoto’s vision.

AI Application Layer:
The core component of the entire architecture, responsible for hosting and executing AI models that drive advanced applications and services within the ecosystem. In the AI layer, AILayer supports AI models, computing power, agents, and other components by modularizing them through the construction of different subnets.

3. AILayer Ecosystem Overview:

Not only does AILayer have huge potential for user growth, but the projects built by developers on AILayer are also highly diverse. Specifically, AILayer’s ecosystem projects are divided into three main categories: AI, BTC, and Infrastructure.

Below is an in-depth introduction to some of the representative projects in the AILayer ecosystem:

AI Category:

CycleX: CycleX is an innovative platform focused on Real-World Assets (RWA), offering comprehensive features such as real-time RWA market data, tokenized fund issuance, and advanced DEX trading. CycleX has launched an AI-themed RWA fund on AILayer.

NGPU: NGPU is a decentralized AI computing network dedicated to providing cost-effective and stable GPU resources for various AI applications.

PublicAI: PublicAI targets gaming and data analysis applications, leveraging AI to offer personalized experiences and real-time insights, combining blockchain security with computing power. It has previously received support from the Solana Foundation and Foresight Ventures.

PredX.ai: An AI-driven prediction market built on Telegram’s mini-program platform. It not only enables event prediction but also feeds the prediction results back into the model for continuous improvement.

SweetyAI: A blockchain-based, AI-driven, open immersive SocialFi platform where users can create their own AI agents and interact through chats.

4EVERLAND: 4EVERLAND is a Web3 cloud computing platform that integrates decentralized protocols or networks such as IPFS, Arweave, and DFINITY. It provides decentralized storage, computing, and networking capabilities for developers and Web3 projects, creating a connecting layer between the decentralized storage layer and the application layer.

BTC Category:

BitFi: BitFi is revolutionizing Bitcoin staking by offering real and sustainable returns. By combining advanced CeFi strategies with robust risk management, BitFi provides users with low-risk, stable Bitcoin returns.

DeSyn: The DeSyn protocol is an innovative decentralized asset management infrastructure in Web3, allowing users to securely and transparently create and manage custom asset pools containing a variety of on-chain assets (tokens, NFTs, derivatives, etc.) via smart contracts.

Map Protocol: A full-chain interoperability layer built on ZK light clients. Map Protocol serves as a gateway for Bitcoin ecosystem developers and users, enabling interoperability between different Bitcoin L2 solutions and both EVM and non-EVM ecosystems.

Solv Protocol: Solv is a decentralized platform that enables Bitcoin holders to put their BTC to work and earn returns through decentralized Bitcoin reserves. Users can earn rewards by holding SolvBTC and interacting with the SolvBTC ecosystem through staking, liquidity provision, and other activities.

Taker Protocol: Taker Protocol is a yield expansion layer based on the NPOL consensus mechanism. It provides liquidity and yield for the Bitcoin ecosystem through a powerful incentive structure, offering EVM compatibility and strong demand for Taker tokens.

Infrastructure Category:

SpaceID: SPACE ID is building a one-stop hub for discovering, registering, trading, and managing Web3 domains. Its token is already listed on Binance.

Tomo Wallet: An all-in-one social wallet supported by Polychain.

Particle Network: A leading L1 solution supported by Binance Labs, Particle Network unifies all chains through universal accounts, solving issues of user and liquidity fragmentation in Web3.

UXLINK: UXLINK is the world’s largest Web3 social platform and infrastructure, allowing users and developers to discover, distribute, and trade crypto assets in a unique social and group-based manner. Currently, UXLINK is highly popular in the Korean market.

ZkLink Nova: A multi-aggregation Layer 3 zkEVM network that has formed a strong partnership with AILayer, collaborating on cross-chain interoperability and ecosystem empowerment.

Additionally, AILayer has integrated with multiple mainstream Web3 wallets and established strategic partnerships. It has conducted Airdrop incentive activities via the OKX Web3 wallet and has repeatedly ranked among the top dApps on the OKX Web3 wallet.

4. AILayer’s Strong Community Culture and Innovative Mindset

AILayer is committed to fostering a vibrant ecosystem where developers, users, and stakeholders can contribute and collaborate. In terms of activities, AILayer holds weekly X Spaces, where in-depth discussions are held with different project teams. The platform actively engages with the community, prioritizing community feedback and needs. This focus on community engagement is one of the key reasons for AILayer's strong community culture.

In addition, AILayer is dedicated to expanding into global markets, with a particular focus on Japan and South Korea. It has established Korean-language community areas for users in Japan and Korea, with dedicated ambassadors available to answer questions. AILayer has also expanded its presence in markets like Indonesia, Bangladesh, Turkey, and Russia.

AILayer is also known for its innovative approach to quickly responding to market needs. It was the first Bitcoin Layer 2 network to actively integrate into the Telegram ecosystem. AILayer’s Telegram Mini App seamlessly connects millions of Telegram users to the AILayer ecosystem. The app is designed to drive engagement, promote community development, and reward active users with real-time incentives, such as earning $AIL tokens, winning prizes in sweepstakes, and participating in leaderboards. Since its launch, it has attracted over 200,000 users.

Main Features of AILayer’s Telegram Mini App:

1) Earn Points through Tasks and SpinsThe mini app allows users to complete tasks to earn points, which are then converted into $AIL tokens. Users can also spin a fortune wheel for a chance to win big prizes, with special draws offering up to $500 in rewards.

2) Invite-to-Earn FeatureOne of the standout features of the app is its invite-to-earn mechanism, which allows users to invite their friends to join the platform. Every time a friend registers using the invitation link, the user earns points. These points can later be redeemed for rewards.

3) Leaderboards and RankingsUsers can track their progress on the leaderboard, which ranks participants based on the number of successful invites accumulated over two weeks. Users with the most invites will climb the ranks, with top-ranking users receiving exclusive rewards.

AILayer’s Future Plans

Looking ahead, here are the key developments that will take place in the coming months:

Token Generation Event (TGE): The TGE will launch the $AIL token to the public, marking a pivotal moment for AILayer. The $AIL token will serve multiple utilities within the ecosystem, including governance, staking, and transaction fees.

Expansion of AI Hub: AILayer plans to launch the AI Hub, a central platform for AI model training and deployment. This hub will enable developers to leverage AILayer’s infrastructure to build their AI applications, fostering a vibrant community of innovators.

Launch of AI Mining Controller: The AI Mining Controller will be released soon, simplifying the AI model mining process and allowing developers to earn rewards by contributing computing power to the network.

Further Development of the AI Service Layer: Ongoing enhancements to the AI Service Layer will empower developers to create more complex AI applications, integrating features like real-time data analysis and machine learning functionalities.

Expansion of Partnerships: AILayer will actively seek new partnerships with emerging projects and established platforms to further enrich its ecosystem. These collaborations will focus on cross-chain compatibility, AI applications, and decentralized finance (DeFi) solutions.

AILayer’s ultimate vision is to deeply integrate Bitcoin, the world’s most valuable network, with AI, the most advanced productivity tool. This fusion will give Bitcoin autonomy, security, and revolutionize its capabilities, while AI will bring intelligence, scalability, and applicability to Bitcoin. We believe the intersection of these two forces represents the beacon of human civilization.

Stay updated on AILayer's latest developments by joining the Telegram community, following AILayer on Twitter, and preparing for the upcoming TGE!