AI Network is a blockchain-based, cloud computing network for an open, interoperable ecosystem of AI solutions. No single entity owns AI solutions on the network, but there are contributors, such as computing resource providers and contributors of the source code, who maintain and develop the solutions and get rewards via AIN token.

AI Network was founded in July 2018. The AIN token is designed as a utility token when using solutions on the network by paying for computational power and the value of the AI solution. As more computing power and AI solutions join the network, the utility of the AIN token will increase accordingly.

Currently, hundreds of open source AI projects are deployed and served in the marketplace platform named Ainize. (https://ainize.ai) It'll be the destination for App developers who're willing to use AI solutions backed by AI Network.