Key Takeaways
OpenLedger is a blockchain designed for artificial intelligence (AI) that enables users to create, share, and use datasets to train specialized AI models.
The platform provides tools such as Datanets, Model Factory, and OpenLoRA to support data collection and AI model deployment.
Every AI interaction can be traced back to its data sources and contributors, who are rewarded fairly for their work.
OPEN is OpenLedgerโs native token. Itโs used to pay transaction fees, provide incentives, support governance, enable staking, and access AI services.ย
What Is OpenLedger?
OpenLedger is a blockchain platform specifically designed for artificial intelligence (AI) applications. The platform enables you to collect and share data, build AI models, and earn rewards for your contributions. In traditional systems, AI data and models are usually controlled by large organizations, which often means contributors are not properly credited.ย
OpenLedger takes a different approach by recording the entire process on the blockchain. This makes every contribution transparent and verifiable. Whether you provide data, develop models, or help check results, you can get recognition for your work and earn rewards based on the value of your contribution.ย
The platform provides the infrastructure to support each stage of the AI process. Datanets are used to organize and contribute specialized datasets. ModelFactory offers a simple interface for creating and training models. OpenLoRA enables the efficient deployment of multiple models on limited hardware. Together, these tools aim to make building and using AI more open and accessible.
The process usually consists of the following steps:
Access the platform: Visit the OpenLedger app and log in with simple social authentication.
Create or join a Datanet: Start your own dataset or contribute to an existing one.ย
Build models: Use data from Datanets to train AI models with user-friendly tools.
Generate results: When a model is used, OpenLedger records which data and contributors were involved.
Earn rewards: Through Proof of Attribution, contributors are credited and rewarded in real time whenever their data or models power an AI output.
How OpenLedger Works
Datanet
Datanets are community-driven networks where you can collect, share, and validate data to train AI models. Instead of relying on broad and general data, Datanets focus on information that is specific to a particular field or domain. This approach can make AI models more accurate, reduce bias, and improve efficiency.ย
For example, a cybersecurity model could be trained on Datanets containing information about attacks and threat patterns, allowing AI to better identify risks and vulnerabilities. Similarly, a language model might use Datanets built from grammar resources and translations to enhance real-time translation and cross-language communication.
Proof of Attribution
Proof of Attribution is the mechanism that makes contributions in OpenLedger transparent and accountable. Whether you provide data, develop models, or help check results, that activity is permanently recorded on the blockchain. Your work is recognized, and rewards are distributed according to the value of your contribution.ย
The system also measures the impact of your data on a modelโs performance. If your contribution improves the model and makes it more useful, you earn more rewards. If the data is of low quality or harmful, it can be flagged and penalized. This approach keeps the process fair for everyone and helps build AI models based on reliable information.
Key Features
ModelFactoryย
โโModelFactory is OpenLedgerโs no-code platform that lets you customize large language models (LLMs) with data from Datanets. Instead of working with command lines or complex tools, you can simply pick a model, adjust a few settings, and watch the training process on a user-friendly dashboard.
When your model is ready, you can try it out directly in a built-in chat interface or connect it to other applications through an API. This makes building specialized AI models more accessible while maintaining transparency and properly crediting every contribution.
OpenLoRA
OpenLoRA is OpenLedgerโs deployment engine designed to make running AI models faster and more affordable. Instead of needing large amounts of hardware, it allows you to run thousands of models on a single GPU by managing resources more efficiently. This reduces costs while maintaining high performance and quick response times.
The system also allows models to be switched or tested on demand, making it easier to support different applications without adding extra infrastructure. This approach is suitable for organizations that need to run multiple AI assistants or applications at once, offering them a scalable and affordable way to provide customized AI services.
OpenLedger Token
The OPEN token is the native token of the OpenLedger network. Itโs used within OpenLedgerโs ecosystem for:
Gas fees: OPEN is used to cover transaction costs on the network, including transfers, smart contract execution, and AI-related on-chain activities.
Governance: OPEN holders can vote on key decisions, such as model funding, AI agent regulations, treasury management, and protocol upgrades.
Staking: AI agents are required to stake OPEN to provide services within the ecosystem. Underperformance or malicious behavior may lead to slashing, while reliable and high-quality contributions are rewarded.
Rewards: Data contributors, AI developers, and validators earn OPEN based on the impact of their attribution and model engagement. Rewards are distributed according to data quality, model utility, and overall contribution to the ecosystem.
OpenLedger (OPEN) on Binance HODLer Airdrops
On September 5, 2025, Binance announced OPEN as the 36th project on the Binance HODLer Airdrops. Users who subscribed their BNB to Simple Earn and/or On-Chain Yields products from August 18 to 21 were eligible to receive OPEN airdrops. A total of 10 million OPEN tokens were allocated to the program, accounting for 1% of the total token supply.
OPEN was listed with the Seed Tag applied, allowing for trading against the USDT, USDC, BNB, FDUSD, and TRY pairs.
Closing Thoughts
OpenLedger is a blockchain platform built for artificial intelligence, designed to make data and model contributions transparent and fairly rewarded. With tools such as Datanets for structured data, ModelFactory for creating AI models, and OpenLoRA for efficient deployment, the platform supports the full development process. Every contribution is recorded on the blockchain, allowing credit and rewards to be distributed directly to those who add value.
Further Reading
Disclaimer: This content is presented to you on an โas isโ basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Products mentioned in this article may not be available in your region. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.