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View ChartBasedAI is a decentralized AI network that merges blockchain technology with artificial intelligence to create a transparent and accessible ecosystem for AI development and deployment.
BasedAI is a decentralized artificial intelligence network built on blockchain, designed to provide a secure and incentivized platform for AI development, sharing, and consumption.
| Item | Details |
|---|---|
| Name (Ticker) | BasedAI (BASEDAI) |
| Consensus Mechanism | Not a standalone consensus; the mining process embeds Cerberus Squeezing for zk-LLM conversion. |
| Smart Contracts | Yes (EVM-Compatible) |
| Category | AI, Decentralized Compute, Blockchain Infrastructure |
| Block Reward | Network rewards distributed for AI task validation and contribution. |
| Max Supply | About 35.66M BASEDAI (CoinMarketCap) |
| Total Supply | About 35.66M BASEDAI |
| Circulating Supply | About 34.59M BASEDAI (roughly 97% of total supply) |
| TPS | BasedAI runs on Ethereum and does not publish a standalone TPS figure; throughput depends on Ethereum and the network's own compute layer. |
| Blockchain | Ethereum (Ethereum Ecosystem) |
| Contract Address | 0x4497...8B9185 (Ethereum; verify on etherscan.io) |
| Official Website | basedai.co |
| Whitepaper | arXiv 2403.01008, "BasedAI: A decentralized P2P network for Zero Knowledge Large Language Models (zk-LLMs)", published March 1, 2024 |
| X | @getbasedai |
| Launch Year | 2023 |
| Start Date | 2024-04-12 (as listed on Yahoo Finance) |
BasedAI was developed by Based Labs in close collaboration with the founding team behind Pepecoin, an Ethereum-based token that plays a central role in the ecosystem. Teana Baker-Taylor serves as Chief Executive Officer, driving the company's strategic vision, product development, and commercial success. Josh Goodbody is COO and Co-Founder; he is based out of London and previously worked at Qredo Protocol as Chief Operating Officer.
BasedAI is a distributed network of machines that integrates Fully Homomorphic Encryption (FHE) with any large language model connected to it. Its framework embeds a mechanism called "Cerberus Squeezing" into the mining process, converting a standard LLM into an encrypted zero-knowledge LLM (zk-LLM).
BasedAI operates as a decentralized network connecting three main participants: AI developers, node operators (or validators), and users. Developers train and submit AI models to the network. Node operators provide the computational power (GPUs/CPUs) required to run these models and validate AI tasks. They are rewarded with BASEDAI tokens for their contributions. This mechanism verifies the correctness and quality of AI computations instead of traditional proof-of-work.
Users access the network to request AI services, such as data analysis, image generation, or predictive modeling, paying fees in BASEDAI tokens. The network acts as a marketplace, matching user requests with the most suitable AI models and available compute resources. All transactions, model usage, and contributions are recorded on the blockchain, ensuring transparency, provenance, and fair compensation for all parties involved.
BasedAI positions itself as a permissionless platform where contributors can publish and monetize AI models, as an alternative to centralized AI providers. Its core value propositions include:
Brain Credits are digital tokens central to the ecosystem that facilitate ownership and engagement within the platform, allowing users to have a stake in AI models. Creature Cloud functions as a bridge, a launchpad, and a place to stake BASEDAI. BasedGod is a community-deployed set of AI Product Managers and AI Engineers working for $BASED. BasedNode v1.1 is a major upgrade. Hirebase is the instant AI workforce platform for businesses, launched May 13, 2026. The Warden App's technology is integrated into BasedAI's vertical AI stack, strengthening its ability to support persistent, multi-agent workflows across productivity, developer, and other areas.
The BASEDAI token is the lifeblood of the BasedAI ecosystem, with several key utilities:
BASEDAI is listed on several major exchanges and data platforms. Check a reputable exchange that supports BASEDAI/USDT spot trading, complete the exchange's identity verification, deposit funds, and place your order. Verify the contract address before trading.
BASEDAI's price is subject to market volatility, and the value of the token can fluctuate significantly. The project operates in a regulatory environment that varies by jurisdiction, and changes in policy may affect its availability or operation. Technical risks also apply, including the complexity of FHE-based systems and the possibility that planned features may not be delivered as described. The points above reflect the project's stated positioning and should not be read as verified conclusions.
This article is for reference only and does not constitute investment advice.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for BASEDAI are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of BasedAI (BASEDAI) is C$0.005353. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BASEDAI to USD rate at the top of BTCC’s price page. In terms of market scope, BasedAI records a 24h trading volume of C$0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$188.031646K. Its current circulating supply stands at 34.6M out of a maximum supply cap of 35.67M.
The price volatility of BasedAI (BASEDAI) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (34.6M) to max supply (35.67M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, BasedAI (BASEDAI) hit an all-time high (ATH) of C$15.002126 on 2024-04-12 08:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.001936 on 2026-08-31 19:10. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading BASEDAI futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BASEDAIUSDT perpetual contracts support two-way trading. If you anticipate a price decline for BasedAI, simply log into your BTCC account with USDT margin available, navigate to the BASEDAIUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for BASEDAIUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.005353), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for BASEDAIUSDT with zero financial risk.
Trading BasedAI (BASEDAI) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BASEDAIUSDT, and review its live price (C$0.005353) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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