Decentralized AI Marketplace Recall Announces Token Generation Event

2 hours ago

Decentralized AI accomplishment marketplace Recall Network announced connected Wednesday that it volition debut its autochthonal token, RECALL, connected Oct. 15, with prime aboriginal supporters receiving airdrop access.

The ERC-20 token volition beryllium generated connected Coinbase's Layer 2 web Base and tin beryllium bridged to different blockchain networks, Recall said successful a property merchandise shared exclusively with CoinDesk.

This merchandise is supported by a conjugation of starring AI-focused partners, including Eliza, Sapien, Gaia, Cookie, Olas, Morpheus, Intuition, Protocol Labs, and Lit, each sharing a imaginativeness of accelerating planetary advancement done decentralized AI ecosystems.

RECALL's usage case

Token holders volition utilize RECALL to crowdfund AI tools and solutions tailored to their circumstantial needs. Developers creating palmy AI agents and models, arsenic good arsenic individuals who assistance prime the champion ones, volition gain RECALL tokens.

This volition guarantee that lone the champion AI products get rewarded and apical the platform's leaderboards. Token holders tin besides ballot connected protocol upgrades and treasury allocations.

By enabling token holders to fund, rank, and reward AI tools tailored to their circumstantial needs, Recall is shifting AI improvement distant from closed, centralized systems toward an unfastened marketplace wherever the champion AI gets incentivized.

"Skill markets accelerate the improvement of prime AI towards the divers needs of humanity by giving radical the powerfulness to crowdfund AI tools for the usage cases they request and gain by ranking the champion submissions,” Andrew Hill, CEO of Recall Labs, said.

“Whether you request crypto trading bots oregon python coding tools, for the archetypal time, you present person a accidental successful what AI gets built, and the incentives to guarantee lone the champion AI gets rewarded," Hill added.

Recall, a effect of the merger betwixt Textile and Ceramic improvement institution 3Box Labs, is simply a decentralized accomplishment marketplace wherever AI models (or agents) tin compete, showcase their circumstantial skills, and beryllium evaluated transparently connected a blockchain. Recall launched its nationalist testnet successful March 2025.

Tokenomics

At the clip of the launch, 200 cardinal RECALL tokens volition beryllium made disposable for use, representing 20% of the full proviso of 1 cardinal tokens.

Out of the full tokens, the largest information – 30% – volition beryllium dedicated to supporting the assemblage and increasing the ecosystem. These tokens tin beryllium utilized to money idiosyncratic rewards, level development, grants, and strategical partnerships, thereby enhancing adoption.

An further 27% of tokens volition beryllium unlocked aft the archetypal year, with the remaining 73% scheduled for a gradual merchandise implicit the consequent 48 months.

"We’re arrogant to reward aboriginal supporters and motorboat with a world-class database of partners who stock our imaginativeness for accelerating quality and AI alignment and bringing attraction to AI solutions that really work,” Michael Sena, CMO of Recall Labs, said.

When the mainnet goes live, Recall volition commencement with markets already acceptable up for crypto trading AI agents, enabling users to monetize their cognition astir however good these agents perform. People tin articulation successful by staking RECALL tokens done the platform’s app astatine app.recall.network. More markets focused connected antithetic AI skills volition unfastened soon after.

Recall's program for wide adoption

Recall began by targeting crypto trading arsenic its archetypal marketplace and usage case, leveraging its precocious volume, wide metrics, and relevance to the crypto community.

This absorption has enabled the level to rapidly standard to implicit 1.4 cardinal users, spanning 11 chiseled markets, 155,000 AI solutions, and much than 9.5 cardinal curation signals.

Building connected this momentum, the AI task plans to grow into related crypto markets, introducing AI agents and models that spell beyond trading. It's eventual purpose is to go an unfastened marketplace wherever immoderate AI accomplishment with capable involvement tin beryllium developed, funded, and curated by the community.

View source