What is DeepBrain Chain? It’s a decentralized network poised to reshape AI affordability by providing cost-effective GPU computing resources. Founded in 2017, DeepBrain Chain leverages blockchain to drive down costs for AI projects, paving the way for innovation. This article explores DBC’s genesis, technology, market presence, and potential future impact in the AI landscape.
Key Takeaways
DeepBrain Chain is a decentralized high-performance computing network catering to AI and gaming, with significant cost savings for GPU resources, privacy focus, and an efficient API.
The DBC token’s price has been quite volatile since its inception, with an all-time high in Jan 9, 2018 and current market metrics indicating active trading with a market cap of around $524.26K.
DBC’s supply is capped at 10 billion with a deflationary issuance model over 100 years, and its ecosystem continues to grow, potentially affecting its technological advancement and market valuation.
What is DeepBrain Chain?
A game-changer in the AI industry, DeepBrain Chain is:
A decentralized high-performance GPU computing network
Developed using the Polkadot Substrate framework
Serves as a critical infrastructure for computing demands in AI and gaming spheres
Established in 2017
Achieved significant milestones, such as the launch of its blockchain mainnet and GPU computing mainnet in 2021, proving its progressive trajectory.
Serving businesses of all sizes, DeepBrain Chain offers a low cost model for artificial intelligence projects. Being robust and scalable, it lowers the cost of GPU computing resources, thereby making AI projects more feasible.
The Concept Behind DeepBrain Chain
DeepBrain Chain’s core concept revolves around offering a scalable, cost-effective, and efficient GPU computing network that supports AI and related field development. Its decentralized ecosystem aims to slash GPU rental costs by up to 70%, providing significant cost advantages over traditional services such as AWS.
Aside from cost-effectiveness, the platform offers the following features:
Ensures user privacy by utilizing wallet addresses to hide user information
Provides a robust API for easy system integration and custom GPU rental and leasing
High data processing speeds to facilitate the seamless operation of AI applications
DBC Network and Ecosystem
The DBC network and its ecosystem are designed for efficiency and versatility. The network incorporates:
GPU docker functionality for efficient performance of AI training and GPU-intensive workloads
An automatic mechanism that releases idle GPUs to enhance efficiency and availability within its network
Optimal use of computing resources and cost savings
More than 50 global manufacturers have incorporated GPU cloud platforms into the DBC ecosystem, serving hundreds of businesses and AI developer groups. One of the key players in this ecosystem is Hycons Cloud, which offers:
DeepLink Protocol, another crucial part of the DBC ecosystem, offers a decentralized AI cloud gaming solution, streamlining game development and ensuring a low-latency gaming experience. It also enables GPU server contributions from miners and Internet cafe owners with subsequent token rewards, all powered by blockchain technology.
The DBC token acts as a governance token, providing holders the power to vote on council members and manage ecosystem development funds.
DeepBrain Chain's Price and Market Performance
With a current price of approximately $0.00016383, DeepBrain Chain boasts a current market cap of about $524.26K and a 24-hour trading volume around $--. It is currently ranked 4523 in the cryptocurrency market, reflecting its recent trading activity and market position.
Historical Price Trends
The price history of DeepBrain Chain has been marked by significant fluctuations, resembling a roller-coaster ride. On Jan 9, 2018, it reached an all-time high with a price of $0.66203. However, the all-time low occurred on Jan 9, 2018, when DeepBrain Chain’s value dropped to $0.000135.
This price history underscores the unpredictable nature of DeepBrain Chain’s market performance over time. It has shown both record peaks and troughs, demonstrating the volatile and dynamic nature of the cryptocurrency market.
Real-Time Price Tracking
Keeping an eye on the real-time price of DeepBrain Chain proves pivotal in making sound investment decisions. Platforms like Bybit offer live price tracking features, providing up-to-date exchange rates and facilitating the swift tracking of DBC’s price in the preferred fiat currency.
The information on these tracking websites is frequently updated, ensuring that you have the most recent data at your fingertips. This allows investors to respond promptly to any changes in the market, using their preferred browser to access the information correctly through the website.
Circulating Supply and Market Information
Employing a deflationary model for its native DBC token, DeepBrain Chain has capped its total supply at 10 billion. This supply will be incrementally issued over an estimated period of 100 years. Currently, the circulating supply of DeepBrain Chain is 3.20B DBC out of the maximum supply limit of 10 billion, reflecting the tokens currently available in the market for trading.
Popularity and Market Cap
DeepBrain Chain holds a fully diluted market cap of $524.26K. The market cap observed notable changes during March 2024, reflecting the dynamic nature of the cryptocurrency markets.
Furthermore, the DBC ecosystem has expanded to nearly 30 GPU cloud platforms that utilize its technology, serving a wide range of AI and computing power applications.
Trading Volume and Circulation
The 24-hour trading volume of DeepBrain Chain is approximately $-- This reflects the recent trading activity and liquidity of DBC in the market.
DeepBrain Chain’s volume to market cap ratio over a 24-hour period is around {{marketCapChangePercentage24h}. This ratio reflects the liquidity of the asset in relation to its market cap, providing insight into its trading activity within just a few seconds.
USD Converter and Live Chart
Platforms like Bybit offer USD converters and live charts for swift and straightforward DBC to USD conversions. These platforms typically include quick reference tables to facilitate common DBC to USD conversions.
Third-Party Sources and Disclaimers
While third-party sources provide DBC conversion rates and price charts, it’s crucial to note that the data accuracy and reliability may vary. These sources offer market positions without any form of warranty or representation of accuracy.
Moreover, displayed conversion rates might not take into account additional costs like transaction fees and should not be mistaken for transaction-specific financial advice. As DBC’s volatile market value can lead to rapid changes in exchange rates, price charts, conversion tables, and other informational tools should be used with caution when making financial decisions.
The Future of DeepBrain Chain
Strategic growth and technological advancements are key determinants of DeepBrain Chain’s future. It is actively expanding its ecosystem in the domains of AI, decentralized networking, and gaming, inviting collaborations to foster this growth.
The integration of the DeepLink Protocol within DeepBrain Chain’s ecosystem symbolizes significant technological advancements, particularly in decentralized AI cloud gaming. However, market conditions, user adoption rates, and competitive platforms are critical external factors that can impact the trajectory of DeepBrain Chain’s future development.
Technological Advancements
Innovations in GPU-based virtual machine scheduling, data privacy, and strategic partnerships position DBC for success in the AI, Metaverse, and Web3 markets. DeepBrain Chain has developed a GPU-based virtual machine scheduling engine for cloud gaming and rendering, improving network versatility and computational resource management.
Strategic partnerships with entities like Huawei and Polygon are positioning DeepBrain Chain within the Metaverse and Web3 markets. These technological advancements are crucial for its future development, enhancing overall network efficiency and capabilities.
Market Predictions
The market outlook for DBC is quite positive. Forecasts suggest significant value appreciation over the next decade, reaching an average price of $1.02 by the end of 2030. By the end of 2024, the price of DBC is expected to reach an average of $0.2271, increasing to $0.3901 by the end of 2025.
DeepBrain Chain’s long-term price forecast is highly optimistic, positioning it as a promising investment opportunity with growth potential. By exploring the deepbrain chain today, it has a rating of 4.3 based on 2 institutional ratings, further bolstering its credibility in the market.
Summary
DeepBrain Chain is a trailblazer in the world of AI and blockchain technology. Its impact extends beyond just offering a cost-effective model for AI projects. It is reshaping the AI industry, paving the way for a future where decentralized GPU computing networks serve as the backbone of AI development. Its progressive trajectory, robust ecosystem, and promising market predictions make it a venture worth watching in the dynamic landscape of cryptocurrencies.
Frequently Asked Questions
Is DBC coin a good investment?
DeepBrain Chain has the potential to become a valuable asset with increased adoption and advancements in technology. However, thorough research and understanding of the risks involved are essential before making any investment decisions.
What is the price prediction for DeepBrain Chain 2025?
It's challenging to predict the price of DeepBrain Chain for 2025 with certainty, as it can be influenced by various factors. The market conditions and technological advancements will play a key role in determining the price during that time.
How do you buy DeepBrain Chain?
You can buy DeepBrain Chain on cryptocurrency exchanges like Bybit. The most popular exchange for DBC is BitMart.
What network was DeepBrain Chain developed based on?
DeepBrain Chain was developed based on the Polkadot Substrat network. This high-performance computing project has achieved large-scale implementation in the blockchain industry.
What is DeepBrain crypto?
DeepBrain Chain (DBC) is a decentralized high-performance GPU computing network aiming to become a widely used infrastructure in AI+. It allows buying and selling of computing resources for AI purposes using its native cryptocurrency, DBC.
-2.14%
