Sahara AI is all set to launch its Open Beta Testnet on May 19, marking a big step in its plan to build a decentralized AI platform. This launch brings unique features and updates that aim to change how people around the world contribute to Artificial Intelligence development and earn rewards for their efforts.
Source: X
Let’s take a closer look at what’s coming in the launch and how the SIWA coin has reacted so far.
Sahara AI Testnet Launch: What’s New in Open Beta?
The Data Services Platform (DSP) is now entering its Open Beta phase. This is the first open, on-chain platform where one can construct real datasets. Anyone in the world can join, contribute, and get rewarded.
Some of the major highlights are:
New Task Types: It is launching various types of data tasks during the Open Beta. These will assist in constructing improved training sets for real-world usage.
Dual-Reward Tasks: These are special tasks that pay out two types of rewards:
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Sahara Points (SP)
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Reward points from contributors such as points, tokens, or bonuses
Global Access: Everyone with internet access can now join, thus making the AI process more inclusive and accessible.
Real Contributions: People can now help build datasets that are used by real companies.
These updates make it easier for users to earn and also bring more people into the Sahara ecosystem.
SIWA Token Price Drops Despite Launch Announcement
While the Sahara project is moving ahead with a major update, the SIWA crypto hasn’t shown strong price growth yet. According to data from CoinMarketCap, the SIWA token is currently trading at $0.000004088, with a 24-hour drop of 0.32%. Its total market cap stands around $4,070, and the token has a total supply of 1,000 million coins.
Source: CoinMarketCap
This slight dip in price is surprising to some. After all, the launch of the Open Beta is a significant step for the platform. However, such reactions are common in crypto markets, where investor behavior often waits for real usage and hype following the actual debute.
Many community members believe that the SIWA token might see a price increase once the testnet goes live on May 19 and more users start participating in tasks. If the new dual-reward mechanism becomes popular and witnesses growing user activity, the token could witness rising buying interest.
Conclusion
Sahara’s new era brings something new to the decentralized AI arena. With the ability to let anyone participate and earn, it creates new ways of opening up the AI arena. However, the current low price of the token means that users’ trust and enthusiasm are still on the rise. Apart from this, XOS testnet goes live on May 9.