An Interview With Mira Network

In an exclusive interview with BitcoinWorld, We got a chance to interact with Karan – co-founder at mira.network, In this interview, We discuss what is Mira Network is all about,  

• Could you give us the brief background of Mira & its founders

Mira is building decentralised infra to universalise access to AI advancements. Mira has built a novel crypto AI primitive – a Flow, which combines AI models, data & compute with instructions to solve for particular objectives. Flows act as building blocks for AI apps, reducing development and maintainence effort involved in cutting-edge AI. Devs use Flows out-of-the-box via Mira’s Flow Market and API revenue is equitably attributed and redistributed to contributors of such Flows, models, data & compute permissionlessly via the Mira Chain.

Mira is founded by a team of seasoned entrepreneurs & investors from Accel, Uber, Amazon, Comcast, Stader Labs etc. and has raised $9M in funding from Framework, Bitkraft, Accel, Folius, Crucible, Mechanism. Mira already has a dozen teams building AI apps using Flows across crypto, gaming, SaaS, consumer apps etc.

• Can you explain Mira’s vision to democratize AI and how your platform simplifies AI access for developers in both Web2 and Web3?

As AI reduces the barrier to creating novel and custom software, Mira aims to be the single most important destination for developers to discover unique implementations of AI for their products, businesses and communities.Mira also strives to be a legitimate sustainable value creation source for AI contributors to monetise and distribute their abilities at scale.

Unlike web2 marketplaces, Mira’s platform encourages sovereign ownership of your AI Flows as well as transparent attribution & settlement for value flows in the network. Every stakeholder knows what they are paying for & how they’re monetising. Mira also uses crypto primitives like proof of stake to ensure trusted & accurate discovery of the best Flows for each use, making evaluator have ‘skin in the game’ to rate Flows

• What inspired the creation of Mira, and how does your team’s experience from leading tech companies influence the development and direction of the platform?

AI is moving at such a rapid pace that even though we’re witnessing innovations flowering around us, the average dev is being left behind due to poor infra to be able to consume AI. Mira is building Mira Flows, novel infra augmenting AI models, data and compute to expand their access to all developers. Mira Flows are a new building block primitive that combines models, data, compute and a set of preconfigured instructions to optimise them for particular end uses. Examples of flows: text-to price RAG, semantic caching, text-to-image product placement, data ingestion etc.

• How does Mira’s API marketplace work, and what benefits does it offer to developers and creators looking to integrate AI into their platforms?

Mira’s API marketplace is a platform where developers can easily access and integrate AI capabilities into their applications. Developers can browse through various pre-built AI services, called “flows,” and choose the ones they need. These flows can do things like answer questions, analyze data, or perform other AI tasks. To use a flow, developers simply make a request to Mira’s servers using a standard format, and they get back the AI-processed results. This system makes it quick and affordable for developers to add powerful AI features to their apps without having to build the AI from scratch. It’s designed to be user-friendly, secure, and scalable, allowing developers of all skill levels to enhance their projects with advanced AI capabilities.

• Mira leverages blockchain technology to secure AI models and resources. Can you explain how this enhances security and resource allocation on your platform?

Mira relies on economic security of blockchains for:

• Ensuring trusted evaluation & discovery of AI Flows on the marketplace via our ‘Proof of Stake’ evaluator network

• Ensuring trust in our on-chain attribution and settlement systems across various stakeholders to ensure they are being fairly rewarded for their work

• How does Mira incentivize developer participation, and what kind of rewards can developers expect when contributing to the platform?

Mira enables monetization for both contributors and developers. Contributors provide data, compute, and AI models, earning rewards when their resources are used. Developers build applications using these contributions and Mira’s platform. They can then monetize their creations, earning revenue from users of their apps. This dual-sided model incentivizes quality contributions and innovative development, fostering a vibrant ecosystem where everyone can benefit financially from their efforts.