Create MatrixAI.md

[Sun-lit]

Project Abstract

We have taken the first step by establishing a decentralized AI computing power marketplace called MatrixAI, which aims to aggregate idle AI computing resources from around the world. The vision of MatrixAI is to attract computing power suppliers globally to participate in the network through fair and transparent incentive mechanisms, thereby establishing a vast pool of idle computing resources. We aim to build MatrixAI as an AI computing resource layer network in the Web3 era, providing support for both small-scale AI computing services and high-performance computing clusters to meet diverse demands.

MatrixAI is committed to breaking the current centralized monopoly, bringing innovation and progress to AI applications across various industries, and bringing greater openness and sustainability to AI computing power services, driving the entire industry to new heights. We believe that through the efforts of MatrixAI, computing power suppliers worldwide will be able to fully unleash their potential, while computing power consumers will have access to more flexible, efficient, and cost-effective AI computing solutions. We look forward to partnering with you to create a future full of potential in the decentralized computing power domain.

(Previous Grant: #1957 )

Grant level

• Level 1: Up to $10,000, 2 approvals
• Level 2: Up to $30,000, 3 approvals
• Level 3: Unlimited, 5 approvals (for >$100k: Web3 Foundation Council approval)

Application Checklist

• The application template has been copied and aptly renamed (project_name.md).
• I have read the application guidelines.
• Payment details have been provided (bank details via email or Polkadot (USDC & USDT) or BTC address in the application).
• The software delivered for this grant will be released under an open-source license specified in the application.
• The initial PR contains only one commit (squash and force-push if needed).
• The grant will only be announced once the first milestone has been accepted (see the announcement guidelines).
• I prefer the discussion of this application to take place in a private Element/Matrix channel. My username is: @_______:matrix.org (change the homeserver if you use a different one)

[Sun-lit]

Hello, we have revised the proposal based on the previous suggestions, and we hope to discuss it further with everyone. Additionally, we have compiled the previously discussed topics into an article in the hopes that it can provide clarity.

[keeganquigley]

Thanks @Sun-lit for updating the application. I took a look at the article provided, but it still doesn't provide more context in relation to substrate or the Polkadot ecosystem. It also doesn't mention DePIN, which the application seems focused on. I appreciate that you reduced it to a level 2 grant, but the deliverables and milestones are still the exact same as the previously closed application.

Many of the deliverables are UI focused, and in my opinion not re-usable for others. For these reasons as well as the ones listed in the closed application, I am not going to approve this one either. But I thank you for your time and efforts thus far

[keeganquigley]

Since it has been two weeks and there has been no interest so far, I'm going to go ahead and close the application. We wish you the best of luck in finding funding for this!