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This is the first modular AI-native data pre-processing layer
But what does this mean?
$DIN @din_lol_ is designed to empower you to COOK DATA FOR AI & ➙ GET PAID
Join me in a 🧵 to discover everything you need to know about #DePIN x #AI project DIN
You'll level up on:
➙ what is @din_lol_
➙ how does it work
➙ products: Analytix & xData
➙ 👀 collect AI data and get paid
➙ how to join
➙ $DIN tokenomics
Let's jump in!
❗️ —▫️ — What is @din_lol_ DIN
DIN (Data Intelligence Network) is a decentralized platform designed to collect, validate, and process data for AI apps.
It incentivizes you to contribute high-quality data through rewards and tokens, ensuring robust and reliable data inputs.
💰 DIN raised $4M seed funding from @BinanceLabs, @Hashkey_global , @NGC_Ventures, @shimacapital, @ivcryptofund, LIF, @BigBrainVCs, and @archermancap
❗️ — ▫️ — How does it work
DIN operates through a decentralized system that involves the following steps:
1. data collection
• users gather data from various sources, such as internal databases, websites, IoT devices, and social media
• this data collection is facilitated by DIN's dApps, Analytix and xData, which allow users to contribute both on-chain and off-chain data
2. data processing
• the collected data undergoes a series of processing steps, including cleaning, normalizing, and structuring (ETL processes: Extract, Transform, Load)
• these steps prepare the data for AI applications by ensuring it is in a usable format
3. chipper nodes
• these nodes are critical to the network's operation
• they handle the validation and vectorization of the data, converting it into formats that AI models can use
• validators assess the quality of the data to ensure its reliability and robustness
4. incentives & rewards
• users are incentivized to participate in the network by receiving rewards based on the quality and quantity of their data contributions
5. AI app
The processed and validated data is then used for various AI apps:
• chatbots
• medical diagnosis
• autonomous vehicles
• image recognition, & more
👉 Essentially, it's:
collection » processing » validates » rewards » used
❗️ — ▫️ — Products
(1️⃣) Analytix
➙ allows users to contribute on-chain and off-chain data to the DIN network
➙ you can collect, clean & visualize data (essential for preparing it for AI models)
➙ it focuses on making data accessible & usable by providing tools for analysis & visualization
(2️⃣) xData (this is the main one)
➙ allows users to collect data from various sources, on-chain off-chain data.
➙ it's essential for training & improving AI models
➙ has over 200,000 users w/ 40,000 daily active users
❗️ — ▫️ — 👀 Collect AI data and get paid
xData allows users to collect content data on X (Twitter)
⚠️ All while getting paid for it! 👆
Through xData, DIN provides various earning opportunities:
➙ daily check-ins: log in daily to earn increasing amounts of *WAFERS
💡 *WAFERS are the points on DIN
💡 ** WAFERS will later be converted tokens (source: https://t.co/eUclN5ZeMU)
➙ charging the chip: charge your chip (a soul-bound NFT) every 6hrs
➙ random missions
➙ referring friends
➙ newbie tasks
❗️ — ▫️ — How to join
💡 You'll need some $opBNB or $MNT for tx confirmations
1. install the browser extension
👉 https://t.co/vFGF3xEXbN
2. go to your X page and refresh
3. connect your browse and select the proper network (you must have to add them)
*but for this you get each network's settings
4. and hit on mission to earn wafers
+ https://t.co/Wg9Y5stofO
❗️ — ▫️ — $DIN tokenomics
⚠️ $DIN token isn't launched yet, so be careful for scams.
The only info I found about $DIN token is about its use cases:
• as reward token for collecting/validating/vectorizing data
• staking
• providing data
💭 There's still more to talk about #DIN, like
• the Chipper node
• DIN's architecture
I can tell you that data x AI x DePIN x user's incentivization could be the next wave.
And if it's not a wave, then it's alpha.
▫️ If you enjoyed this reading
Don't forget to follow @raares and retweet.
👉 It keeps me going 🙌. Thanks.
PS: if you have other projects that you want me to research, let me know in the comments.
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Apparently, I'll never be able to fully pay my debt to society.
Fidelity just locked my retirement account and refuses to allow me to make my contribution to it before the tax deadline for 2023.
Trying to go legit, and whatever gov't/banking cartel exists refuses to let me.