DeepBrain Chain is a decentralized, low-cost, and private AI-powered computing platform deployed on the Polkadot (DOT) substrate. The decentralized GPU computing network can power AI and metaverse programs while offering other services such as AI training, cloud gaming, and data mining.
This article will discuss the DeepBrain Chain protocol in detail to help you understand what is all about and how it works. We will also take a look at the network’s native DBC token to learn its use cases, predict its price through 2030, and list exchanges where it can be purchased, before determining whether it is a credible cryptocurrency investment.
So, without further ado, let’s get started.
What is DeepBrain Chain (DBC)?
DeepBrain Chain is a Polkadot-based decentralized GPU computing network that resources computing power from people all over the world and pools them together to provide computational resources.
The project’s goal is to provide AI companies with cheaper computational resources, as they become increasingly expensive over time. According to estimates, between 10% and 30% of an AI company’s budget is spent on sourcing hardware for computing power. DeepBrain Chain aims to bring this cost down by almost 70%.
DeepBrain Chain recognizes that AI has the potential to revolutionize the world but is being held back by the immense costs associated with the purchase and maintenance of computer hardware.
How Does DeepBrain Chain Work?
DeepBrain Chain intends to supply more than just computing power. The network has an AI data trading platform, an AI algorithm trading platform, an AI model trading platform, an AI container trading platform, and an AI application trading platform. However, there is not much information available on these programs yet.
Apart from the goal of being the primary GPU computing and infrastructure provider for AI and metaverse programs, DeepBrain Chain also offers services like AI training, cloud gaming, and ZK mining. The protocol also rewards contributors who share their GPU power with the network in its native DBC tokens.
Data miners get paid in DBC tokens for the work they do that goes towards AI computational needs. They also get paid in the GAS token, which is the fee that AI companies pay DeepBrain Chain for using its resources. It is estimated that miners will get paid 70% in DBC and 30% in GAS.
What is the DeepBrain Chain (DBC) Token?
DBC is the native utility and governance token of the DeepBrain Chain network. Cryptocurrency has various use cases within the blockchain. It is used to pay network fees and perform transactions like buying and selling AI programs, data mining, and network governance.
DBC holders are given the right to participate in DeepBrain Chain’s governance, where they can vote on key decisions dictating the blockchain’s growth and development.
DBC has a maximum supply of 10 billion tokens with a market capitalization of $13.63 million. All the tokens issued by DeepBrain Chain are currently in circulation and they have attained a trading volume of $299,374 over the past 24 hours.
DeepBrain Chain (DBC) Price Prediction: 2024, 2025, 2026, 2027, 2028, 2029, 2030
At the time of writing, DBC is trading at $0.002511 – down 4.5% over the last 24 hours. Based on its current market rate, we have predicted the minimum, average, and maximum prices at which the token will trade between 2024 and 2030.
Note that the numbers given below are purely speculative and could change depending on the performance of the DeepBrain Chain token.
| YEAR | MINIMUM PRICE | AVERAGE PRICE | MAXIMUM PRICE |
|---|---|---|---|
| 2024 | $0.04673 | $0.07944 | $0.1121 |
| 2025 | $0.08538 | $0.1364 | $0.1869 |
| 2026 | $0.1308 | $0.1495 | $0.1682 |
| 2027 | $0.05981 | $0.08972 | $0.1196 |
| 2028 | $0.08224 | $0.01159 | $0.1495 |
| 2029 | $0.1421 | $0.2393 | $0.3364 |
| 2030 | $0.2291 | $0.3551 | $0.4112 |
Where to Buy DeepBrain Chain (DBC) Token From?
DBC can be purchased and traded on the following cryptocurrency exchanges:
- Gate.io
- HTX
- MEXC
- BitMart
Is DeepBrain Chain a Credible Cryptocurrency Investment?
DeepBrain Chain is a decentralized AI computing network that is designed to provide AI firms with the GPU power that is required to operate data centers. The main goal of the blockchain is to reduce the cost associated with sourcing hardware for AI computing by pooling GPU power from network participants.
The idea behind the protocol is innovative and will be gravely helpful to AI and metaverse platforms. All things considered, I would recommend DeepBrain Chain as a long-term crypto investment.
However, as is the case with every cryptocurrency, DBC is also prone to the extreme price dynamics of the market. Therefore, you need to conduct thorough research before making any investment decision related to DeepBrain Chain.
Read more: Ankr (ANKR): Price Prediction 2024-2030, Where To Buy, Is It A Good Cryptocurrency Investment?
