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Gensyn is a DePIN protocol for deep learning that rewards GPU/CPU providers and allows developers to purchase decentralized compute for AI training. According to the documentation, the Grnsyn token will be used to incentivize node operators, secure the platform via staking, and facilitate governance.
On 21 March 2022, Gensyn raised $6.5M via a Seed Round from Eden Block, Galaxy, CoinFund, and others.