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In an exciting move for both the blockchain and AI communities, Pundi AI has launched the testnet of its decentralized data annotation platform, Pundi AI Data. This initiative marks a significant step towards democratizing data collection, allowing people across the globe to contribute and annotate data, and earn rewards in the process. The platform combines blockchain technology with a unique “Tag to Earn” model, ensuring data transparency, security, and equitable compensation.

The Pundi AI Data platform invites individuals and organizations worldwide to contribute data in various formats—text, images, videos, and more. This decentralized approach enables a diverse, high-quality data pool for AI training, ensuring more representative datasets and reducing biases that can arise from limited data sources.

With the power of blockchain, Pundi AI guarantees that all data transactions are immutably recorded, securing trust within the platform. By storing data contributions as NFTs, the platform assures the data’s provenance and integrity, setting a new standard in the AI data space. Pundi AI’s founder, Zac Cheah, emphasizes the importance of equitable access to AI, stating, “Pundi AI’s decentralized, blockchain-driven platform is well-positioned to meet the demand for scalable, transparent, and secure data solutions. This is about making AI development accessible to anyone with an internet connection.”

This testnet launch underscores Pundi AI’s commitment to creating a more inclusive, decentralized future for AI development. By opening doors for global contributions, Pundi AI is building a foundation for a more equitable AI landscape—one where data contributions are recognized, rewarded, and trusted.

Check out the Pundi AI Data video demo on YouTbue
For more details, you can visit Pundi AI’s official website and sign up to be part of the project.