AINN Layer2 Mainnet Launch: TVL Surpasses $600 Million On Day One

Jersey City, NJ, April 11, 2024 (GLOBE NEWSWIRE) -- AINN Layer2 Mainnet Launch: TVL Surpasses $600 Million on Day One

AINN Layer2, as the first Bitcoin Layer2 network focusing on Web3 + AI applications, has seen its total value locked (TVL) in assets staked surpass $600 million on its mainnet launch day, making it the Layer2 network with the largest TVL within 24 hours.

AINN Layer2 enables users to stake BRC-20 inscription assets like $BTC, $AINN, $ORDI, $SATS, and $RATS, among others, on the mainnet, with plans to support more types of assets for staking in the future. Staking specified assets on the AINN Layer2 mainnet earns users TVL staking points, which can be exchanged for future $ANVM token airdrops.

AINN Layer2 has secured investments from prominent market maker Amber Group and Waterdrip Capital, as well as Bitmart’s Cipholio Ventures, Satoshi Lab, AscendEx, Foundinals Lab, Monday Capital, Bitrise Capital, and others, including several key opinion leaders in the Bitcoin ecosystem and partners in institutional finance.

On April 5, 2024, AINN Layer2 officially signed a Memorandum of Understanding with the Ministry of Digital Development of the Kyrgyz Republic, marking a new chapter in the collaboration between both parties in digitalization and governance within the Web3 sphere.

Following its mainnet’s launch, AINN Layer2 is set to roll out the ‘AI Odyssey’, a unique event that stands out from traditional finance odyssey, allowing users to interact with various Web3 + AI applications, such as AI-generated texts, images, and videos.

AINN Layer2 is actively engaging with the community, marked by its recent participation in notable events like Hong Kong Web 3.0 Spring Summit, BTC L2 Summit, and Token2049 in Dubai.

AINN Layer2 focused on improving the fundamental elements of decentralized AI, creating a supportive environment for the growth of AI-based applications. Thousands of AI applications are planned to be deployed on AINN Layer2 going forward, and with billions of users expected to utilize these applications, both parties are shaping a promising future for the Web3 + AI ecosystem.

For More Details on AINN Layer2 Mainnet:

https://mirror.xyz/0xf6359c54fb0A6aF04056976E16Cc29e5fD344028/MYzF-lAuPfY5RfYZZnJ76BBAXSxL_1e8Wr4KgQP0uks

CONTACT: Yvan N
yvan.ni2077 at gmail.com

First published on Thu, Apr 11, 2024

Liked what you read? That’s only the tip of the tech iceberg!

Explore our vast collection of tech articles including introductory guides, product reviews, trends and more, stay up to date with the latest news, relish thought-provoking interviews and the hottest AI blogs, and tickle your funny bone with hilarious tech memes!

Plus, get access to branded insights from industry-leading global brands through informative white papers, engaging case studies, in-depth reports, enlightening videos and exciting events and webinars.

Dive into TechDogs' treasure trove today and Know Your World of technology like never before!

Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs' members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs' Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. While we aim to provide valuable and helpful information, some content on TechDogs' site may not have been thoroughly reviewed for every detail or aspect. We encourage users to verify any information independently where necessary.

Tags:

Crypto CurrencyAINN Layer2 Total Value Locked (TVL) Decentralized AI Blockchain Wire

Join The Discussion

Applied Systems Builds On AI Reconciliation Momentum With New Financial Operations Innovation

Aureon And Partners Deliver 100-Terabit Route For The AI Era

Centerbase Selects Avidxchange As The Exclusive Partner To Power Embedded Payments

Infoblox Completes Axur Acquisition, Expands Preemptive Security To Stop External Threats At The Source

Lyrie.Ai Deploys Real-Time Zero-Day Tracking Across Global Enterprise Infrastructure