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Modulus – Bring powerful AI on-chain with specialized ZK: Project Breakdown

Tekk by Tekk
January 3, 2024
in Project Breakdown
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Overview

  • Modulus integrates AI with blockchain using specialized zero-knowledge proofs (ZKPs).
  • It enables trustless AI in blockchain for accountability and security.
  • The project’s blockchain foundation is not specified, but it has ties to Ethereum.
  • Modulus is part of the AI-blockchain narrative, focusing on open-source development and partnerships.

Use Case

  • Modulus integrates AI onto the blockchain with privacy and security via ZKPs.
  • It allows on-chain AI model training and deployment, ensuring execution verification and decentralized AI models.
  • The project addresses privacy, confidentiality, trust, verification, and performance challenges in AI and blockchain integration.
  • Modulus develops ZKML solutions for validating machine learning outputs without exposing sensitive data.

Adoption

  • Modulus raised $6.3 million in seed funding, backed by Variant and 1kx.
  • The project’s ecosystem and direct associations are unclear and require further research.
  • Strategic partnerships include Praxis Tech for payment orchestration and Modulus Discovery with PeptiDream for drug discovery.
  • User base information is ambiguous and not directly related to the crypto project.
  • No available data on TVL or capital in the Modulus protocol, suggesting early stages or lack of public disclosure.

Team and Investors

  • Specific information on the Modulus crypto project team is not available from current search results.
  • Further research is needed to identify team members and their backgrounds, including any doxxed members, inventors, or PhDs.

Launch

  • No specific launch date for Modulus is provided in the search results.
  • First use case mentioned is the Soupsea NFT Marketplace within the Modulus ecosystem.
  • Unclear details on a Modulus project-associated token, including release date, use case, or tokenomics.
  • Further research required for concrete information on launch date, activities, token details, and tokenomics.

Summary

  • Modulus is a crypto project combining AI with blockchain via ZKPs.
  • It focuses on enhancing security and accountability in decentralized AI.
  • The project has potential for growth with recent funding and partnerships.
  • More information is needed on the ecosystem, team, user base, and launch details.
  • Investors and enthusiasts should await further information for a complete assessment.

Tags: Project BreakdownToken Research
Tekk

Tekk

A humble palm tree that rides waves and writes the best crypto newsletter on the planet | Subscribe https://wavewisdom.beehiiv.com

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