Revolutionizing On-Chain AI: Mantle Network Hosts AI Fest with $1 Million in Rewards

Singapore — Mantle Network, renowned for its advanced blockchain infrastructure, is set to revolutionize on-chain AI, mirroring how GPUs transformed AI development. Mantle's architecture offers high throughput and low costs, akin to a GPU’s ability to handle massive parallel processing with minimal latency, making on-chain AI an achievable reality today.

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To showcase this potential, Mantle is hosting the Mantle AI Fest: CH(AI)N REACTION (July 12 - August 9, 2024), a practical demonstration of real applications leveraging Mantle’s capabilities for on-chain AI.

Featured AI dApps on Mantle Network

0xScope's ScopeChat: An intelligent AI chatbot for blockchain interactions, simplifying dApp access — think a specialized ChatGPT for the blockchain world.
Ora: An on-chain verifiable AI oracle bringing advanced computation directly to smart contracts.
AgentLayer: A permissionless network for autonomous AI agents to collaborate and coordinate on-chain.
MetaFide: An AI-driven competition platform for capturing alpha across web3.
MUA: A protocol for modular AI agent assets, bridging human and AI value.

Participants in the Mantle AI Fest can claim a share of 1 million $MNT rewards, plus additional airdrops from the above dApps. For more information, visit Mantle’s blog here.

Much like how GPUs weren't initially designed for AI but proved perfect due to their ability to process numerous graphic rendering processes simultaneously, Mantle Network's architecture is ideal for on-chain AI. This unique parallel underscores how Mantle's infrastructure provides the perfect environment for on-chain AI applications to thrive.

Detailed Overview of Mantle AI Fest: CH(AI)N REACTION

Participants can earn rewards while mastering how to navigate trending AI applications such as ScopeChat, MUA DAO, FIDE AI, AgentLayer, and ORA. Mantle AI Fest is a win-win for those looking to dive into the world of AI and blockchain.

The 1 million $MNT reward pool is split into three categories:

Welcome & Advanced Tasks (20%): 200,000 $MNT distributed by Mantle.
Challenge Tasks (70%): 700,000 $MNT distributed by participating AI projects.
Mystery Tasks (10%): 100,000 $MNT allocated to a surprise event, to be revealed later.

Participants can accumulate tickets by completing Welcome and Advanced Tasks, increasing their chances of winning from the 200,000 $MNT prize pool. Referral bonuses are also available, enhancing the probability of winning.

Starting on July 19, 2024, participants can undertake project-specific Challenge Tasks, with 700,000 $MNT in rewards distributed based on a ranking system. Each project will also offer additional ecosystem rewards.

Join the Revolution

From AI chatbots to autonomous AI agent networks, Mantle is at the forefront of integrating AI into blockchain technology. Builders with innovative AI projects are encouraged to apply for support via Mantle’s Grants Program or the $200M catalyzed capital pool with Mantle EcoFund.