Proof-of-Benefit

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Description

Emad Mostaque:

"To power this new ecosystem, we redefine money. New tokens, Foundation Coins (FC) and Culture Credits (CC), are minted only when validators attach a signed receipt that useful compute has been performed for the commons: data curated, models trained, or inference served. This is Proof-of-Benefit, not proof of waste."

(https://ii.inc/whitepaper)


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