DePIN is a decentralized compute network that utilizes the processing power of millions of smartphones, desktops, and data centers to provide low-cost AI processing. This infrastructure enables companies to scale their AI applications efficiently without incurring high computational costs.
Funding
$200.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
RMFounders
Product
Problem
AI model training and inference are computationally intensive, leading to high costs and limited scalability for companies deploying AI applications. Existing cloud-based solutions often involve vendor lock-in and complex configurations, hindering accessibility for developers without specialized expertise.
Solution
Planck Network is a decentralized compute network that aggregates processing power from smartphones, desktops, and data centers to provide affordable AI processing. The platform offers a suite of AI model APIs and end-to-end machine learning infrastructure, enabling developers to easily build, train, and scale custom AI models. Planck's blockchain architecture, featuring zkVMs and Proof of Useful Work (PoUW), ensures high throughput, scalability, and efficiency for AI inferencing by keeping computationally intensive processing off-chain. The network automatically distributes computing power based on API requests, ensuring smooth scaling without vendor lock-in.
Target Audience
Planck Network targets AI companies and developers seeking affordable, scalable AI processing infrastructure, as well as individuals interested in contributing to the network through mining.
Features
- Decentralized compute network leveraging millions of devices for AI processing
- AI Model APIs providing access to leading open-source AI models
- End-to-end ML infrastructure for custom model training
- Blockchain architecture with zkVMs and PoUW for efficient AI inferencing
- Simplified mining app requiring no technical skills or crypto expertise
- Automatic scaling of computing power based on API requests
- Planck OS for enhanced security and vulnerability protection