Neo has introduced a brand new partnership with Phoenix, a decentralized AI infrastructure supplier. The 2 entities will collaborate on exploring how AI can speed up blockchain expertise and drive mass adoption on Neo X.
The Phoenix ecosystem includes two essential parts: SkyNet and Phoenix LLM. SkyNet is an elastic laptop layer able to offering and scaling workflow instruments, fast deployment options, and AI compute. Phoenix LLM is a customizable massive language mannequin platform that may course of and generate textual content much like that produced by people.
The Phoenix group goals to construct options that apply to the next verticals: markets and buying and selling, analysis and data, gaming and metaverse, monetary companies, Web of Issues and edge computing, and cloud computing. Some business companions Phoenix has established embody Binance, Tencent Cloud, Alibaba Cloud, and Alchemy Pay.
Neo’s partnership announcement notes that the 2 organizations will discover numerous use instances utilizing Phoenix’s options.
First, with AI laptop energy companies, SkyNet will supply computing companies for the Neo ecosystem. Secondly, AI content material era may even leverage Phoenix to generate content material for NFTs, GameFi, and metaverse functions. Lastly, Phoenix’s AlphaNet is deliberate to provide AI buying and selling indicators for decentralized exchanges within the Neo ecosystem. Neo’s announcement famous that Flamingo Finance is at the moment in discussions with Phoenix to discover utilizing AI to boost its platform.
Historical past of Phoenix within the Neo Ecosystem
Although the Phoenix group includes new management, the entity’s genesis dates again to 2017 with the primary public token sale to be held on Neo, Purple Pulse. Purple Pulse started as a subscription publication that targeted on China’s capital markets, however advanced right into a market intelligence platform that related Western traders with data in Chinese language markets. In 2019, Purple Pulse launched the Phoenix product, designed to make use of machine studying and pure language processing to implement full and semi-automated matching of insights and business consultants to shoppers.
By 2019, the platform had attracted practically 250 freelance contributors sharing insights on China’s capital markets and incomes PHX tokens. Moreover, the group was tailoring companies to retail and institutional shoppers by completely different choices, and commenced to discover extra AI-enabled options. That very same yr, Purple Pulse built-in assist for Binance Good Chain, and hosted the PHX token on Neo and the PHB token on Binance Chain.
In 2021, forward of the launch of Neo N3, the group decommissioned its assist for Neo Legacy and requested customers emigrate tokens from Neo to Binance Good Chain.