Formiga.

Unit 3 · Level 5 · AI × crypto

Decentralized compute & data

AI is hungry for compute, and GPUs are scarce and expensive. Decentralized compute networks (like Render or Akash) use tokens to pay strangers for their idle GPU power; data networks pay contributors for training data. The bull case: an open marketplace undercutting big cloud providers. The bear case: serious AI labs need reliable, fast, co-located clusters, which scattered hobbyist GPUs struggle to provide.

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What you get asked

  1. What role does the token actually play in a decentralized compute network?

    The token coordinates a marketplace: buyers pay it, providers earn it. Which means its long-term value leans on real usage. That's a testable claim, not a vibe.

  2. What is the strongest HONEST bull case for decentralized compute?

    Idle hardware exists, cloud compute is expensive, and that gap is a real arbitrage for price-sensitive workloads like rendering. Note the bull case is about economics, not magic.

  3. And the strongest honest BEAR case?

    Training big models needs thousands of GPUs with ultra-fast interconnects in one place. Distributed networks fit rendering and some inference: a real but narrower market than 'replacing the cloud'.

  4. The graduate's test for any compute or data network: is there real paying ___, or just token speculation?

    Networks usually publish usage stats: jobs completed, fees paid by actual customers. If fees are near zero while the token is worth billions, the market is pricing a story.

  5. Match each check to what it reveals about a compute/data network

    Same toolkit you used on DeFi protocols, pointed at AI networks. Sectors rotate; the diligence questions never do. 🐜

The rest of this unit

Agents with wallets, decentralized compute, narrative coins, and the deepfakes hunting your keys.