Upbit to List Decentralized AI Token OpenGradient on Korean Won Market
Summary
- Upbit said it will add OpenGradient (OPG) to its Korean won market.
- Trading in OPG on the Korean won market will begin at 3:30 p.m. on July 7, though the launch could be delayed depending on deposit and withdrawal services and liquidity conditions.
- Upbit said OPG will be used within the ecosystem for payments, service access, staking and governance, and later for transaction fees after the mainnet launch.
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Upbit, a South Korean cryptocurrency exchange, said on July 8 that it will add OpenGradient (OPG), a decentralized artificial intelligence infrastructure network project, to its Korean won market.
According to an Upbit notice, trading support for OPG on the won market is scheduled to begin at 3:30 p.m. on July 7. The start of trading could be delayed if enough liquidity is not secured after deposit and withdrawal services open.
Upbit will impose some initial trading restrictions to promote a safer trading environment. Buy orders will be blocked for about the first five minutes after trading begins. Sell orders at prices more than 10% below the previous day's closing price will also be restricted. For the first two hours, all order types other than limit orders will be unavailable.
Deposits and withdrawals of OPG must be made through the Base network. Transfers through networks other than the one specified in the notice will not be supported, the exchange said.
OpenGradient, newly listed on the won market, is a decentralized AI infrastructure network built to support verifiable AI execution. The project aims to solve the so-called AI black-box problem in centralized AI services, where users cannot verify internal computing processes or whether data has been altered.
To do that, it uses a Hybrid AI Compute Architecture, or HACA, that separates AI inference execution from verification. Full nodes, inference nodes and data nodes split responsibility for verification, execution and data supply. OPG is used within the ecosystem for payments, service access, staking and governance, and is also expected to be used for transaction fees after the project's mainnet launch.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀