Crunch Joins Solana Incubator: Decentralized AI Research Receives Solana Labs Support
NEW YORK, NY, January 22nd, 2025, Chainwire
Crunch has been accepted into Cohort 2 of the Solana Incubator program in New York. Through the program, Crunch will receive tailored support from the Solana Labs team. The Crunch platform can mobilize a decentralized, global network of nearly 7,000+ Machine Learning engineers, scientists, and researchers. This community works in a high-stakes, predictive challenge format to build advanced Machine Learning models with higher performance than any traditional centralized team could hope to accomplish.
This is Solana Lab’s second iteration of the Incubator program, after launching the first cohort in early 2024. The 3 months program looks to accelerate the progress of the next blue chip companies on Solana. In this cohort, Crunch will further grow its decentralised prediction network with help from the Solana Labs team.
Crunch has made a name for itself at the intersection of AI and the Web3 through its unique community and real-world use cases with large institutional players such as ADIA Lab (Abu Dhabi Investment Authority Research Lab), collaboration with Nobel Laureate Guido Inbens on Causal AI, and more recently, work in the healthcare vertical with the Broad Institute at MIT and Harvard. As a result, it has demonstrated the ability of its protocol to collaborate with research and industry.
The platform acts as a coordination layer, connecting organizations with machine learning needs with a global community of “crunchers”, the researchers and data scientists who are able to take in data and parameters and design various machine learning models that can accurately predict the results needed for these organizations. The center of the CrunchDAO model is the “Crunch”, a specific prediction challenge, structured to meet specific and customer-defined needs and requirements.
Because the challenges are highly competitive, with generous rewards, the massive global community around CrunchDAO is able to focus its collective efforts on a singular problem and apply a very broad range of perspectives, experience, and innovation. The top models from these competitions are aggregated in predictive feeds, with continuous learning that does not stop as further competitions help to refine the model’s accuracy.
“Being accepted into the Solana Incubator is a pivotal milestone for Crunch,” said Jean Herelle, CEO of Crunch. “Solana’s unparalleled speed and scalability align perfectly with our mission to democratize access to predictive intelligence. This support strengthens our ability to innovate, empowering a global network of contributors to redefine what’s possible in decentralized prediction modeling.”
The Solana Incubator will support Crunch Lab, which enables “crunchers” across the globe to design and construct their best predictive models without investing the massive resources needed for raw data, creating revenue-driving models quickly and cheaply. All this, and, with the high performance, scalable Solana blockchain, the crunchers will be able to maintain both scalability and security as they deploy their predictive financial models into the ecosystem.
“We’re excited to have Crunch join the Solana Incubator,” said Emon Motamedi, head of the Solana Incubator. “Crunch’s unique approach to leveraging collective intelligence for better predictive insights is an exciting application of Web3, and we’re delighted to support them on this journey.”
About Crunch
Crunch is a permissionless coordination network of 7,000+ Machine Learning engineers and 1,200+ PhDs in more than 100 countries. Crunch delivered ML solutions to large institutions like ADIA Lab, the Broad Institute.. With proven applications in financial markets, biomedical research, and more, Crunch is redefining how we build Machine Learning and predictive models. For more information, please visit www.crunchdao.com or contact us at @jean.herelle@crunchdao.com
CrunchDAO Official Website: https://www.crunchdao.com/
For Media Enquiries: max.sebti@crunchdao.com
