Key Takeaways
- Hyra Network combines blockchain, edge computing, and federated learning to create a scalable, secure platform for AI training and inferencing, leveraging over 10 billion idle devices like smartphones and smart TVs for cost-effective, real-time processing.
- The project offers tools like Hyra AI (decentralized compute engine), Hyra Mega (AI solutions marketplace), and Hyra Wallet (token rewards for compute sharing), with millions of devices already onboarded, supporting a “Train-to-Earn” model for users.
- Through Hyra AI, one of the first train-to-earn platforms, users contribute computational power from personal devices to earn rewards, supporting AI model development while democratizing access to AI infrastructure across 205+ countries with 2.5 million connected devices.
Disclaimer: Crypto airdrops are promotional events where tokens are distributed to existing holders of a cryptocurrency or to individuals who meet certain criteria. While airdrops can be a way to acquire tokens at no cost, they also involve risks. There’s no guarantee that the airdropped tokens will increase in value, and there may be associated fees or requirements. Additionally, airdrops can be susceptible to scams and phishing attempts. Always exercise caution and verify the legitimacy of any airdrop opportunity before participating.
What Is Hyra Network?
Hyra Network is a decentralized infrastructure platform that integrates blockchain Layer-3, edge computing, and AI to create a scalable, secure, and cost-efficient ecosystem for AI development and deployment.
By leveraging over 10 billion idle IoT devices worldwide, such as smartphones and smart TVs, Hyra enables real-time AI processing, training, and inferencing at the edge, reducing reliance on costly centralized cloud systems.
Its “Train-to-Earn” model rewards users for contributing spare computing power, fostering a community-driven AI economy. Key products include Hyra AI, a decentralized compute engine; Hyra Mega, a marketplace for AI solutions; and Hyra Wallet, which facilitates token-based rewards.
With a focus on transparency, scalability, and privacy through technologies like federated learning and Arbitrum’s Anytrust, Hyra Network has gained traction with millions of devices onboarded and attracted significant attention from venture capital firms at events like TOKEN2049 Dubai and GITEX Asia Singapore.
Hyra Network Seed Funding Round
Hyra Network completed a seed funding round on June 10th, 2023, raising approximately $2.36 million, as part of its broader financial strategy under Hyra Holdings.
This followed a pre-seed round in January 2022, with the seed round closing by March 25th, 2024, and a pre-money valuation of $23.6 million.
The funds supported key milestones, including user acquisition, the beta launch of Hyra Wallet, and the official rollout of AI services, as outlined in their roadmap.
The capital also bolstered strategic partnerships and the development of their decentralized AI infrastructure, which now powers over 2 million edge AI devices globally, aiming for scalability and innovation in AI and blockchain ecosystems.
How To Participate In The Hyra Network Airdrop?
To join:
👉 STEP 1: Download the Hyra AI app on Android or iOS.
👉 STEP 2: Sign up for an account.
👉 STEP 3: Start training the AI.
👉 STEP 4: Invite other users to earn more $HYRA tokens.
👉 STEP 5: Keep an eye on official announcements and hope for the best!
Final Thoughts
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