ChainPort Integrates NeurochainAI, an L1 DeAI Solution

tl;dr

• Token bridging to and from NCN Chain is now supported, creating new opportunities for developers and users.
  
  
• NCN Chain facilitates a decentralized and transparent incentive mechanism for AI ecosystem participants on NeurochainAI
  
  
• The native blockchain underpins NeurochainAI's incentive mechanism, rewarding network contributors with the NeurochainAI native token NCN.
  
  
• NCN token can be wrapped on NeurochainAI and converted to wNCN. wNCN token holders can bridge their tokens to Ethereum and Base.
  
  
• A wNCN/USDT trading pair is now available on Uniswap v3 Ethereum and Uniswap v3 Base.

Token Bridging to NeurochainAI Now Supported at ChainPort

ChainPort has integrated NCN Chain as the 25th supported blockchain on the platform. Token bridging to NCN Chain is now supported, opening up new opportunities for developers and users alike. 

The NeurochainAI ecosystem is powered by NCN token, which is also used as gas for transactions on NeurochainAI’s DePIN, data collection and validation services, and AI dApp usage. NCN token can be wrapped on NeurochainAI and converted to wNCN. As part of the collaboration and integration of ChainPort with NeurochainAI, wNCN token holders can bridge their tokens to Ethereum and Base. It is also noteworthy to mention that a wNCN/USDT trading pair is now available on Uniswap v3 Ethereum and Uniswap v3 Base.    

wNCN Neurochain Contract Address: 0x548fEb5483a6ecb3CBEDff65ed7ad960DcFC26b2

wNCN Ethereum Contract Address: 0x388F32A7fAA9eB79C3bF3412294370750bc9FfA6

wNCN Base Contract Address: 0xCc5d654B932A5b6C8A9554EDCa369b8dE6a840Bb

About NeurochainAI

NeurochainAI is a decentralized AI-as-a-Service (DeAIAS) network revolutionizing the AI compute market with a consumer-grade hardware DePIN and innovation in AI model optimization to enable the AI-driven digital world. 

It is tapping into a $1.8T AI market by providing developers and SMBs with all the tools required to efficiently build, deploy, and run AI dApps under one platform: DePIN, Community-powered data collection & validation, Marketplace of quantized AI models, Interoperability tools, dApp Store.

NeurochainAI’s AI ecosystem is powered by it’s Layer 1 - a native blockchain built on EVM and Optimistic Rollups.

This combination brings numerous benefits to the platform, including enhanced security, scalability, and efficiency. It also facilitates a decentralized and transparent incentive mechanism for network participants. The EVM foundation ensures that NeurochainAI can integrate with dApps from the Ethereum ecosystem, offering compatibility with a wide range of tools, applications, and services.

The integration of Optimistic Rollups, a Layer 2 scaling solution, significantly improves the platform's transaction throughput and reduces latency. This technology allows NeurochainAI to handle a high volume of transactions quickly and cost-effectively, making it a more efficient and economical platform. Additionally, Optimistic Rollups enhance the platform's security, ensuring the integrity and reliability of AI services provided by NeurochainAI.

As part of NeurochainAI's incentive mechanism, the NeurochainAI native token NCN is used to reward network contributors. Contributors can earn tokens by engaging in activities such as Ai compute validation, data validation, AI model provision, dataset provision, or connecting their GPUs to the DePIN for computing AI. This approach to incentivization boosts user engagement and fosters a collaborative and thriving ecosystem.

By integrating a native blockchain supported by the EVM and Optimistic Rollups, NeurochainAI is positioned to provide a secure, scalable, and efficient platform for AI development.

How to Bridge wNCN from NeurochainAI to Base in 3 Steps

Below is a step-by-step guide on how to bridge wNCN token from NeurochainAI to Base. Please note that token holders can also bridge wNCN tokens to Ethereum by changing the target chain.

Step 1 - Connect Your Wallet

Head over to the ChainPort app (https://app.chainport.io) and connect your wallet. ChainPort supports all leading wallets, including Ledger, Trezor, Coinbase Wallet, Wallet Connect, and Metamask. 

Step 2 - Select the Chains & Token

In the drop-down menu, select the source blockchain and token. In our case, the source chain is NeurochainAI, and the token is wNCN. Select Base as the target chain.

Step 3 - Confirm Tx & Get Tokens

Please review all the related information before confirming the transaction. Details include the source and target blockchain, gas fees, and the number of wNCN tokens. Upon confirmation of all details, please approve the transaction and wait a few minutes. 

Afterward, your wNCN tokens have been successfully bridged from NeurochainAI to Base.

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