
PANews April 22 news, according to The Block, the decentralized AI infrastructure network Gensyn, backed by a16z crypto, has launched its flagship product Delphi, an AI-settled information marketplace platform where anyone can create markets and earn fees based on trading volume. Gensyn refers to Delphi as an “information market” rather than a prediction market, where market creators pre-select AI models with fixed weights as the settlement “smart oracles”, and the results are verified through a reproducible execution environment (REE), with settlement revenue automatically distributed in USDC. The protocol charges a 0.5% fee on the total trading volume to buy back and destroy its yet-to-be-released AI tokens, and creators can earn a 1.5% share of the trading volume upon successful market settlement. The Delphi testnet has recorded millions of dollars in trading volume since last December, and currently operates on an invitation basis for creators, with plans to launch the mainnet in a few weeks.
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