Openfabric AI (OFN) is a decentralized platform that combines blockchain and artificial intelligence. It aims to democratize AI development by providing a secure, scalable, and interoperable infrastructure for building and connecting AI applications.
In addition, this platform fosters collaboration among AI developers, data providers, infrastructure providers, and consumers to accelerate innovation in the AI field.
| Openfabric AI Review Summary | |
| Performance Score | B+ |
| Infrastructure | Powerful |
| Interface | User-friendly |
| AI Technology | Blockchain |
| Purpose of Tool | To democratize AI development |
| Compatibility | Web-based |
| Pricing | The current price is $0.169062/OFN (Variable) |
Who is Using Openfabric AI?
- AI Developers: Individuals and teams building and deploying AI applications and models across various industries.
- Data Scientists: Professionals who specialize in extracting valuable insights from large and complex datasets.
- Researchers: Academics and researchers exploring the frontiers of AI, pushing the boundaries of knowledge and innovation.
- Businesses: Organizations seeking to leverage AI to enhance operational efficiency, drive innovation, and improve customer experiences.
- Investors: Those interested in supporting the growth and development of the AI industry through investments in promising projects and platforms.
Openfabric AI Key Features
| Decentralization | Scalability | Interoperability |
| AI-Native | Community-Driven | Security |
| Accessibility |
Is Openfabric AI Free?
As of now, Openfabric AI itself is not a free service. While it offers a decentralized platform and tools for AI development, there may be associated costs, such as transaction fees, data storage fees, or infrastructure usage fees.
In addition, Openfabric AI does offer a free and open-source platform for developers to build and deploy AI applications. The community-driven nature of the platform encourages collaboration and knowledge sharing, making it accessible to a wide range of users.
Paid Pricing Plans
The live price of Openfabric AI is $ 0.169062 per (OFN / USD) with a current market cap of USD 21.20M. 24-hour trading volume is $919,343.23. OFN to USD price is updated in real-time. Openfabric AI is +7.06% in the last 24 hours with a circulating supply of 125.43M.
Openfabric AI Pros & Cons
Pros
- Blockchain technology secures data and ensures transparency.
- Scalable infrastructure handles growing AI workloads and user base.
- Simplifies AI development for a wider audience.
- The platform fosters a collaborative community for AI advancement.
- Community-driven governance empowers the community to shape the platform’s future.
Cons
- Requires a strong understanding of blockchain and AI concepts.
- Must navigate the complex and evolving regulatory landscape.
- Subject to the inherent volatility of the cryptocurrency market.
- Faces potential technical challenges, such as security vulnerabilities and scalability issues.
- Relies on robust and reliable infrastructure for optimal performance.
- Requires time and effort to achieve widespread user adoption.
FAQs
How can I get started with Openfabric AI?
To get started, you can visit the Openfabric AI website, explore the documentation, and join the community. You can also reach out to the support team for assistance.
How does Openfabric AI work?
Openfabric AI facilitates collaboration between AI innovators, data providers, businesses, and infrastructure providers. It provides the necessary infrastructure, tools, and community to develop and deploy AI applications.
What is the level of technical expertise required to use Openfabric AI?
Openfabric AI aims to make AI development accessible to a wide range of users, from beginners to experienced developers. While some technical knowledge is helpful, the platform provides user-friendly tools and resources to facilitate development.
