Pavel Durov announced the launch of a decentralized computing network for processing requests to artificial intelligence. According to him, the Cocoon network is 100% confidential, and its services are cheaper than those of competitors.
Telegram founder Pavel Durov announced on Sunday, November 30, the launch of a decentralized network for AI computing called Cocoon. According to Durov, this network provides users with 100% confidential access to artificial intelligence.
"Developers gain access to computing resources at lower rates than centralized providers like Microsoft or Amazon. And owners of graphics cards can earn TON cryptocurrency in real-time by connecting their equipment to the Cocoon network," the entrepreneur wrote.
According to Durov, some of Telegram's requests related to automatic message translation are already processed through this new network.
TON announced a 'golden visa' program in the UAE, but the authorities denied it
On July 6, the blockchain platform founded by Durov announced the launch of a program that was claimed to allow Toncoin holders to obtain a 'golden visa' in the United Arab Emirates for a period of 10 years. To do this, it was allegedly necessary to invest $100,000 in cryptocurrency and pay an additional $35,000 as a fee. The company's website stated that the 'golden visa' could be obtained in less than 7 weeks from the date of application, and one could bring a spouse, children, or parents to the UAE under it. Against the backdrop of this news, the price of Toncoin rose by 12%.
However, the next day, UAE authorities denied this information. In a statement from three agencies - the Federal Authority for Identity and Citizenship (ICP), the Securities and Commodities Authority (SCA), and the Dubai Virtual Assets Regulatory Authority (VARA) - it was stated that investments in digital assets are not included in the officially approved criteria for obtaining a 'golden visa'.
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