Gate.io AMA with Blendr Network
Time: Apr 24th, 2024, 11:00 UTC
Gate.io hosted an AMA (Ask-Me-Anything) session with Jesse,PR Head of Blendr Network, in the Gate.io Exchange Community.
Official Website: https://www.blendr.network/
Twitter: https://twitter.com/BlendrNetwork
Follow Blendr Network on Telegram and Twitter
Q1: What is Blendr Network?
Here at Blendr, we are introducing a new decentralized network that utilizes unused GPU resources all over the world, in order to give access to high-performance computing.
Blendr uses blockchain technology to create a marketplace for GPU power, which helps make computing much more efficient and scalable.
Q2: Who are your competitors and how do you differentiate from the competition?
We do share some similar fundamentals with other projects such as Render Network($RNDR) and $TAO, but what sets us apart is our BlendrBox X1.
However, as we progress through development phases, we become increasingly confident that it’ll be difficult to compete with what Blendr Network will offer.
Q3: BlendrBox X1? Can you explain a little more?
BlendrBox X1 is a plug-and-play solution that allows users to host a Blendr node at home, enhancing the decentralized GPU network and offering passive income opportunities.
We are currently in the final stages of prototype testing, and exact specifications can be found on our website for those interested in running their own node!
Q4: Can you tell us about any partnerships?
Sure thing. We are currently enrolled onto the Intel, Microsoft & Nvidia development programs. Alongside this we also have partnerships with AigentX and Zignaly, just to name a few.
As always, we are open to connecting with like-minded teams in order to create a healthier eco for us all!
Q5: Can you tell us about the $BLENDR token and what part it plays within the eco?
Sure. We chose to launch Blendr with no private funding or equity, completely fairly with all tokens available on the open market. $BLENDR is the foundation of our token based economy, we use the $BLENDR token to introduce a blockchain-based token to reward users based on the GPU power they provide.
We have additionally introduced $BLENDR staking program which currently holds a TVL of over 4.5m, while offering a sustainable APY along with other benefits within the eco.
