Building the Future: CEO Julius Serenas Discusses NeurochainAI’s Mission to Decentralize AI

Julius Serenas, CEO and co-architect of Neurochain.AI, is the business-savvy computer scientist committed to bring technically advanced decentralized AI to the masses. Julius intends to involve the community in the development of the NC algorithm by providing incentives and cultivating a sense of ownership. This strategy marks a notable shift away from the centralization that dominates traditional AI monopolies.

In this interview, Julius discusses what it takes to build an AI infrastructure from scratch.

Where does the idea of a Decentralized AI come from?

I have been working on tech infrastructure for quite some time, and a few years ago, I switched to Web3. I am fascinated by the idea of distributed computing and the benefits it brings. Decentralized solutions offer accessibility, availability, and opportunities to earn while empowering your technology to work for you. Decentralized AI is the result of combining the best technological practices.

So you realized there was a demand?

The demand for running and training AI models is immense. However, anyone who has tried to research the costs of running such pipelines knows that corporations charge exorbitant fees. We want to empower the community by allowing it to participate, contribute, and get rewarded. Similar to blockchain nodes, our decentralized infrastructure will reward people for data validation efforts. This is our way of saying ‘thanks’ for their hardware.

Why should people be excited about Decentralized AI?

NC aims to democratize artificial intelligence, ensuring it is accessible to all, free from monopolies and biases. By harnessing the collective knowledge of the community, NC allows people to shape its future. We are developing tech solutions that foster a sense of ownership, acknowledging that AI models rely on the valuable data contributed by individuals. If people contribute their hardware and time, it is only fair that the AI be collectively owned.

Tell us a bit more about the team. I assume there are scientists involved?

I am thrilled with the team and advisors we have. Our superstar Dr. Paulius Tumas is amazing. Even for me, it’s sometimes difficult to keep up with his vast knowledge on AI. We also have people from exchanges helping with business development, individuals who have worked for Huobi, Bitget, and BinanceNFT. The core tech team helps visualize and implement blockchain and AI solutions. And our outstanding marketing team makes sure our message comes out crystal clear.

We are a small team, but we are all professionals and experts in our fields. Additionally, the chemistry and working environment are excellent, which I believe is one of the reasons we are making such rapid progress.

And what’s your story? How did you get interested in AI?

I think my interest stems from the same source as others. A few years back, we began exploring options for big data processing and machine learning models to strengthen data analytics. When OpenAI exploded, it provided us with a clear path on how to implement our needs. Together with like-minded engineers, we discovered that our skills allow us to do much more than just reuse some SDKs. We realized there’s a lot of room for improvement.

There’s quite a lot of hype now regarding AI. It seems like everybody is releasing their projects. How will NC stand out?

First of all, NC is an AI infrastructure project. We do not use cheap tricks like running OpenAI and boasting that we are now an AI company. We are building technology unlike any other on the market, which in due time should run on Raspberry Pi-sized devices and generate rewards for community members. Our goal is to make AI accessible, diverse, and scalable for both community members and businesses.

Secondly, we already have our testnet running with OP Stack Layer2 for better throughput. Our mainnet is on the way, and once we launch, we will have a secure and scalable blockchain network in place. With a future launch of the DE-AI oracle network, we will be able to smoothly implement integrations with our blockchain and incentivize users with ease.

What’s the future for Neurochain.AI?

The issue now is that AI is very difficult to use. I am not talking about chatting on ChatGPT. I am talking about training mechanisms, data gathering, processing, and validation. The Neurochain.AI community network is a vital part of the project. Every input and participation will be rewarded, so in a sense, we will be redistributing earnings to every member, whether they are running an AI node or just providing or validating data.

About Neurochain.AI

Neurochain.AI is the most technically advanced scalable decentralized AI infrastructure, led by top AI engineers. The solution is a community-powered hub focused on sharing public knowledge with the world. The community participates in training the AI and gets rewarded for data validation, fostering a sense of ownership and commitment.

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