Lumerin to Launch Testnet Node of Decentralized AI Compute on The Morpheus AI Network

Lumerin,
a
protocol
and
foundational
layer
technology
using
smart
contracts
to
control
how
P2P
data
streams
are
accessed,
routed,
and
transacted,
today
announced
its
testnet
node
for
decentralized
artificial
intelligence
(AI)
compute
will
go
live
in
Q2
or
Q3
on
the
Morpheus
AI
network.
 The
Lumerin
team
are
avid
code
contributors
and,
upon
seeing
the
opportunity
represented
by
Morpheus,
contributed
codebase
that
was
years
in
the
making
and
battle-tested.
Lumerin’s
testnet
node
is
a
key
step
in
developing
applications
that
use
AI
to
make
Web3
applications
more
accessible,
transparent,
and
efficient
for
consumers
and
businesses
alike.

Why
Decentralize
AI? 

Centralized
AI
models
are
more
prone
to
inherent
biases
and
increase
the
risk
of
censorship
and
monopoly.
Decentralized
AI
on-chain
democratizes
access
to
data
and
intelligence
and
ensures
better
transparency
and
accountability
with
open
testing
benchmarks
without
the
need
to
rely
on
flawed,
centralized
frameworks. 

Lumerin
Powers
The
Morpheus
AI
Network

Lumerin
is
leveraging
its
existing
codebase
to
build
the
core
node
software
for
Morpheus,
a
decentralized
AI
network
that
connects
users,
compute
providers,
and
personal
AIs,
called
Smart
Agents,
in
a
seamless
Web3
ecosystem.
 Key
benefits
include: 

• 
  
  Permissionless
  
  Access
  to
  Personal
  AIs –
  Open,
  transparent,
  equitable
  access
  to
  public
  and
  private
  AI
  models.
  
• 
  
  Decentralized
  Al
  Data
  Routing –
  Secure,
  reliable,
  and
  efficient
  allocation
  of
  AI
  resources
  across
  the
  network
  and
  within
  any
  AI
  services
  marketplace.
• 
  Censorship
  Resistant –
  Democratic
  access
  to
  AI
  that
  protects
  data
  and
  user
  privacy.
• 
  Crypto
  Payments
  for
  AIs –
  More
  freedom,
  better
  usability,
  and
  rewards
  for
  Smart
  Agent
  providers
  using
  crypto
  payment
  rails. 
• 
  AI
  Marketplace –
  A
  highly
  cost-effective,
  accessible
  two-sided
  market
  for
  AI
  services
  where
  users
  and
  AI
  service
  providers
  transact
  directly.

“Our
code
contribution
to
Morpheus
represents
a
vision
of
a
future
where
individuals
have
complete
control
over
their
data
and
their
privacy,
free
from
the
shackles
of
government
censorship
and
corporate
interests,”
said
Lumerin
project
leader,
Ryan
Condron.
“Together
we’re
on
a
mission
to
use
decentralized
AI
to
help
grow
and
make
Web3
applications
more
accessible,
transparent,
and
efficient
for
everyone.”

On
Friday,
May
10
at
1p
ET,
Lumerin
and
Morpheus
will
host
the
Spaces
session,
“Why
Decentralized
AI
Matters,”
where
community
members
can
join
to
discuss
and
learn
more
about
this
dynamic
topic. 

The
Utility
of
MOR
Token

Like
ETH
for
Ethereum,
MOR
is
the
underlying
token
and
main
asset
for
AI
projects
launched
on
the
Morpheus
network.
The
main
utility
of
MOR
is
access
to
AI
compute
for
holders
and
rewards
for
capital
and
code
contributors.
In
addition,
holders
will
eventually
be
able
to
stake
MOR
towards
their
favorite
Smart
Agents
and
front
ends,
allowing
users
to
be
rewarded
in
those
entities’
native
tokens. 

MOR
can
only
be
earned
or
purchased.
Running
on
Arbitrum,
MOR
is
now
on
Uniswap.
MOR
rewards
for
capital
and
code
contributors
will
be
available
for
claim
by
visiting
the MOR
Dashboard.

An
FAQ
and
complete
details
about
the
MOR
token
is
available here.
 

About
Lumerin 

Lumerin is
an
open-source
protocol
and
foundational
layer
technology
that
uses
smart
contracts
to
control
how
P2P
data
streams
are
accessed,
routed,
and
transacted.
Live
on
Arbitrum,
Lumerin’s
first
use
case
is
the
world’s
first
peer-to-peer,
decentralized
marketplace
for
trading
Bitcoin
hashpower.
Lumerin
is
currently
being
leveraged
to
decentralize
and
more
efficiently
allocate
AI
compute
power
and,
as
its
ecosystem
expands,
will
enable
novel
applications
on
DePIN
and
the
tokenization
of
real-world
assets
(RWAs).
Lumerin
can
also
enable
encrypted
video
and
audio
streams,
permissioned
communications,
and
programmable
data
streams
and
digital
assets
like
NFTs
and
more.
Founded
in
2021,
Lumerin’s
strategic
partners
include
Bloq,
Hive
Blockchain,
Fenbushi
Capital
and
Outlier
Ventures,
among
others. 

For
more
info,
visit https://lumerin.io/.