Applications of FAI
FAI serves as the native token within the FlareAI ecosystem, enabling various functions and benefits:
Data Access: Users utilize FAI to acquire high-quality training data from the platform.
Provider Incentives: Data providers earn FAI by contributing valuable datasets, promoting continuous data sharing.
Transaction Fees: FAI is used to pay for transactions and services on the FlareAI platform.
Staking and Rewards: Holders can stake FAI to unlock premium features or earn rewards, enhancing platform engagement.
Governance: FAI grants holders voting rights to influence the platform’s development and policies.
These applications highlight FAI's essential role in driving the functionality and growth of the FlareAI platform.
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