Crunch, a decentralized machine learning (ML) platform, has joined Cohort 2 of the Solana Incubator (SOL) program in New York, according to the reports shared with Finbold on January 22.
As part of the program, Crunch will receive mentorship and resources from the Solana Labs team, helping it expand its decentralized prediction network.
Accordingly, the program will help pave the way for real-world applications of machine learning in finance, healthcare, and other industries.
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Crunch’s machine-learning approach
With a growing community already comprising 7,000 machine learning engineers, scientists, and researchers from all over the world, Crunch focuses on delivering advanced artificial intelligence (AI) models.
The collaborative approach has so far allowed the team to consistently outperform traditional centralized teams, helping the company stand out in both the AI and Web3 industries.
Over three months of its Cohort 2 program, Solana will assist Crunch (and other promising startups) in becoming the next generation of blue-chip projects on the SOL blockchain.
Jean Herelle, Chief Executive Officer (CEO) at Crunch, summarized the importance of the Solana partnership:
“Being accepted into the Solana Incubator is a pivotal milestone for Crunch. Solana’s unparalleled speed and scalability align perfectly with our mission to democratize access to predictive intelligence. This support strengthens our ability to innovate, empowering a global network of contributors to redefine what’s possible in decentralized prediction modeling.”
Of course, Crunch’s innovative model has already sparked interest, especially through partnerships with institutions such as ADIA Lab, Nobel Laureate Guido Imbens, and the Broad Institute of MIT and Harvard.
Developing advanced predictive models
Crunch connects organizations with machine learning demands to its vast network of so-called crunchers, researchers and scientists designing various machine learning models tailored to these organizations’ needs.
Addressing prediction challenges, aptly called Crunches within the ecosystem, rewards participants for building fast, customer-tailored predictive models.
These models are then aggregated into continuously learning predictive feeds, refining their accuracy over time.
Solana Incubator inclusion will further assist Crunch Lab in creating revenue-generating predictive models without investing in massive resources needed for raw data handling.
Backed by Solana’s high-performance blockchain, new models will maintain scalability, security, and cost-effectiveness as they are deployed.
