Geneva, Switzerland, November 11th, 2024,
Chainwire
HyperCycle, a groundbreaking Layer 0++ blockchain infrastructure
engineered for high-speed and cost-effective AI-driven micro
transactions, has announced a groundbreaking expansion of its
network strategy through a non-contentious fork, at Devcon. This
innovative move will create two parallel development paths:
HyperCycle.HyperCycle (H.H or H2) and HyperCycle.MettaCycle
(H.M).
HyperCycle has experienced tremendous growth, outpacing market
expert predictions. It has become a monumental multiplier for
various AI agents due to its network enablement capabilities.
Building on this success, HyperCycle's founders have decided to
pursue two future development strategies in parallel, expanding
from the intersection to the union of extreme sets in the world of
AI networking.
"We're living in an unprecedented time, and
unprecedented actions are necessary," said Toufi Saliba, CEO of
HyperCycle. "This fork demonstrates how we can execute divergence
while keeping the underlying technology
interoperable."
Key aspects of the expansion include:
HyperCycle.HyperCycle (H.H or H2):
- Continues to focus on an open network allowing both closed and
open-source components
- Aims to connect centralized and decentralized networks
(including major tech companies)
- Maintains a "in and out of crypto" approach, using crypto
assets only for node generation
- Pursues a traditional wealth creation model with B2B software
sales, licensing, and royalties
HyperCycle.MettaCycle (H.M):
- Embraces hardcore open-source development for all
components
- Focuses exclusively on decentralized networks
- Open to both decentralized and centralized exchanges, enabling
speculative token trading
- Adopts a crypto-centric business model similar to projects like
Ethereum
This fork aims to cover the union of extreme sets, expanding
beyond the current intersection. It will enable many players to
partake in wealth creation within the rapidly growing AI
market.
For HyPC token holders, all vested investors will receive an
airdrop of the newly forked token (tentatively named METC).
The HyperCycle team emphasizes that this expansion prioritizes
user value and stakeholder interests, including node owners,
operators, HyPC holders, partners, and team members.
"By addressing the union of the entire market,
HyperCycle is enabling everyone to participate in the Internet of
AI," Saliba added. "We're extremely excited about this milestone
and its potential to accelerate the democratization of AI
technology."
About HyperCycle
HyperCycle creates the technology that enables any computer to
securely partake in the global brain of AI computation. By
combining peer-to-peer technology and collaborating with esteemed
partners including Toda and SingularityNET, HyperCycle supports
scientific and technological progress in the field of AI.
HyperCycle allows anyone to monetize their computing power and
participate in providing computations that serve other AI systems.
HyperCycle and HyperPG are at the centre of the SingularityNET
Ecosystem, an ecosystem of companies united to work on benevolent
decentralised AGI. All of the SingularityNET Ecosystem companies
are lined up to run on HyperCycle.
Learn more: https://www.hypercycle.ai/
Contact
Jerry Hall
Jerry@hypercycle.ai