Overview
Clore.ai is an innovative platform that revolutionizes the GPU leasing industry by creating a peer-to-peer marketplace for high-performance computing resources. The platform enables users to rent GPUs for tasks such as AI development, scientific research, and cryptocurrency mining, while allowing GPU owners to monetize their idle hardware. Users can pay for leasing using both Bitcoin (BTC) and Clore Coin (CLORE), offering flexibility in transaction methods.
Unique Value Proposition
Clore.ai differentiates itself by offering a peer-to-peer model that eliminates intermediaries, significantly reducing costs and increasing accessibility. This marketplace allows users to lease GPUs on flexible terms, making high-performance computing affordable and scalable. GPU owners can turn their idle resources into revenue, creating an efficient market for computing power that benefits both renters and providers.
Proof of Holding (PoH) System
A key feature of Clore.ai’s ecosystem is the Proof of Holding (PoH) system, which incentivizes users to hold Clore coins ($CLORE) in their official Clore wallet. The PoH system is designed to offer immediate rewards without requiring a minimum holding period, making it accessible and attractive to users. By participating in PoH, users can earn increased rewards, enjoy hassle-free usage, and benefit from service discounts. Participation in PoH is entirely voluntary, and users can withdraw at any time without penalties, ensuring full control over their assets.
OverviewPOH marketplaceClore.ai offers two types of leasing options:
1. On-Demand Leasing: This option comes with a 10% fee, which can be reduced to 5% through the Proof of Holding (PoH) system. On-demand leases are non-interruptible, meaning no one can overbid your offer, and the price is final. This is ideal for tasks that require uninterrupted computing power, such as AI development.
2. Spot Leasing: This option has a lower fee of 2.5%, which can be reduced to 1.8% thanks to the PoH system. Spot leases are interruptible, allowing other users to overbid your offer. This type of leasing is particularly suitable for tasks like cryptocurrency mining, where continuous processing is less critical.
Clore Coin (CLORE) is an L1 POW coin, and 40% of the block reward goes directly to the hosts. This unique structure means that Clore.ai effectively pays hosts more than the rental fee itself. For example, if a user rents a GPU for $10, competitors typically take around 20% as a fee, resulting in the host receiving just $8. In Clore.ai’s case, the user pays $10, Clore.ai takes a 1.8-10% fee, and thanks to the block reward system, the host could receive an additional amount from the block reward, which currently could be around 50% of the rental. This means the host end up receiving $15, while the renter only pays $10.
Check out Clore's Roadmap here: https://clore.ai/roadmap
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