The Synesis Foundation, the organization behind Solana’s first AI data pre-processing solution, has established a strategic agreement with AirMoney DEGN. The partnership will facilitate the introduction of DePIN-focused consumer hardware in the form of the AirMoney DEGN device.
The capabilities of a traditional hardware wallet are enhanced by AirMoney DEGN, which enables users to interact with web3 protocols over a secure DePIN (Decentralized Physical Infrastructure Network) framework. The device may also be used to interact with web3 games and securely trade cryptocurrency assets. The AirMoney DEGN’s usefulness will improve and the adoption of crypto hardware inside the DePIN space will accelerate thanks to the cooperation with Synesis Foundation.
The Synesis Foundation will develop an application for the AirMoney DEGN device in accordance with the partnership’s agreements. This will make it possible for holders of hardware to take part in designated tasks and earn rewards. Owners of AirMoney DEGN may boost their cryptocurrency earnings and support the DePIN economy by assisting Synesis’ AI clients with data validation.
AirMoney DEGN offers DePIN customers more utility as well as more opportunity to participate in the expanding DePIN economy. Through the partnership with the Synesis Foundation, the use cases that specialized hardware solutions may provide for projects running decentralized physical infrastructure networks will be made more widely known.
Synesis CEO Isaac Bang said:
“We’re just starting to scratch the surface of decentralizing the sourcing and validating of frontier data for companies working on AI solutions. There are certain data validation tasks that require a consensus by a large number of people, and opening these to crypto hardware users will result in a win-win solution for everyone.”
Krzysztof Gagacki, CEO of AirMoney DEGN, added:
“We’re delighted to partner with Synesis Foundation to provide greater opportunities for onchain users to earn rewards for participating in the DePIN economy. Not only will this collaboration bring greater utility for existing AirMoney DEGN owners, but it will raise awareness of the benefits that dedicated hardware can bring to this thriving sector of the cryptoconomy.”
Synesis, one of the first AI projects on Solana, has completed more over 1.5 million on-chain transactions linked to AI data tasks. Its clientele and the range of data pre-processing initiatives it offers have grown as a result of the processes. In order to evaluate frontier data for its AI customers, Synesis has introduced a new kind of RLHF (Reinforcement Learning with Human Feedback) campaign. Owners of AirMoney DEGN devices will soon be able to validate RLHF data with their hardware devices to earn rewards.
The Synesis Foundation manages, provides services to, and counsels web3 businesses in a variety of industries. The Train2Earn application, under the Synesis One brand, is the primary offering of Synesis Foundation. Businesses and governments may use this solution to expand their AI data requirements, including labeling, tagging, and annotating. The Synesis token ($SNS) is used by the Synesis One ecosystem for governance and incentives for AI data campaign completion.
In addition, Synesis Foundation uses core infrastructure and tools that it has previously established to provide web3 software-based services and support. Among the services offered to businesses in the trading, gaming, and DePIN sectors are blockchain integration, smart contract, and tokenization support.
Source: https://thenewscrypto.com/synesis-foundation-and-airmoney-degn-collaborate-to-boost-ai-and-depin-crypto-hardware/