What is OPEN?

Question

What is OPEN?

Accepted Answer

## TLDR
OpenLedger (OPEN) is a purpose-built blockchain infrastructure designed to decentralize artificial intelligence by creating a transparent, fair economy where data contributors and model creators are automatically credited and compensated.

1. **Solves AI's fairness problem** by tracking data provenance and rewarding contributors, countering the current centralized model where value is extracted without compensation.
2. **Uses a unique "Proof of Attribution"** on its EVM-compatible chain to immutably log every data point's influence on AI models, enabling explainable outputs and automated payments.
3. **The OPEN token powers the ecosystem**, functioning as gas for transactions, a reward for contributors, a payment method for AI services, and a governance tool.

## Deep Dive
### 1. Purpose & Value Proposition
OpenLedger addresses a core flaw in today's AI economy: data contributors and model creators are rarely credited or paid, while centralized companies profit from opaque, siloed models. The project aims to "unlock liquidity to monetize data, models and agents" by building a decentralized trust infrastructure. Its vision, termed **Payable AI**, ensures fair compensation and makes AI development transparent and community-owned, similar to how YouTube revolutionized content creator economics ([Openledger](https://www.openledger.xyz/blog/what-is-openledger-what-do-mean-by-payable-ai-a-deep-dive-to-openledger?id=36)).

### 2. Technology & Architecture
The platform is built on a three-layer architecture focused on verifiability:
*   **Datanets:** Specialized, decentralized networks for contributing and curating datasets (text, images, audio).
*   **Proof of Attribution:** A core innovation that cryptographically traces how each dataset influences a model's output, creating an immutable audit trail for rewards and explainability.
*   **ModelFactory & OpenLoRA:** A no-code interface for fine-tuning models using Datanet data, and a serving layer that runs thousands of efficient models on minimal hardware, reducing deployment costs.

The blockchain is an EVM-compatible Layer 2, ensuring smart contract functionality and interoperability.

### 3. Tokenomics & Governance
The OPEN token is the native utility and governance asset. Its primary uses are:
*   **Network Gas:** Paying for transactions and smart contract execution on the OpenLedger chain.
*   **Rewards & Payments:** Distributing automatic payments to data contributors via Proof of Attribution and serving as the currency for AI model training and inference services.
*   **Governance:** Allowing holders to vote on protocol upgrades and ecosystem decisions, aligning incentives across all participants.

## Conclusion
OpenLedger is fundamentally a specialized economic layer for AI, using blockchain to ensure transparency, automate fair compensation, and shift power from centralized entities to a community of contributors. How effectively can its Proof of Attribution scale to handle the vast, complex data flows required for advanced AI?

What is OpenLedger (OPEN)?

Deep Dive

1. Purpose & Value Proposition

2. Technology & Architecture

3. Tokenomics & Governance

Conclusion

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