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BUSINESS MODEL

Overview

Hyra Network is an advanced Layer-3 blockchain designed to support and develop Hyra AI's decentralized AI ecosystem. Its business model focuses on harnessing the computing power of edge devices, optimizing costs, and improving scalability and security for AI applications.

Main Revenue Streams

  • Transaction Gas Fees: Users pay fees to execute transactions and smart contracts on Hyra Network. This creates a stable revenue source from daily blockchain activities.
  • AI Compute & Service Fees: Organizations and developers contribute fees when using Hyra AI for compute-intensive services such as data processing, inference, and training. This reflects real infrastructure consumption within the decentralized AI network.
  • AI Model Sharing Fees: Developers pay to share and monetize their trained AI models on the Hyra Mega. This encourages the sharing and development of high-quality AI models.
  • Decentralized Governance: HYRA token holders participate in platform governance through voting and proposing improvements, with a portion of governance fees collected from these activities. This creates an actively engaged community in managing and developing the platform.

Services and Products

Internal Ecosystem

  • Hyra Scan: A blockchain explorer and system monitor for the Hyra Network, providing real-time visibility into blocks, transactions, contracts, and node activity to ensure transparency and security.
  • Hyra AI: Distributed AI infrastructure that aggregates global compute power to deliver fast, scalable, and cost-efficient AI inference and automated workloads.
  • Hyra Zone: Training environment powered by decentralized GPUs, enabling users to fine-tune, train, and deploy AI models at high performance and predictable cost.
  • Hyra Mega: An AI marketplace connecting developers and users, offering diverse AI solutions and resources to foster innovation and collaboration in AI-driven applications.

External Ecosystem

  • Hyra Bid: A platform for online auctions and e-commerce services, enabling users to bid, purchase, and sell products in a transparent environment.
  • Hyra One: A next-generation super app that unifies digital asset management, blockchain utilities, travel and eSIM services, AI features, and ecosystem tools into one seamless experience, serving as the primary gateway to the entire Hyra ecosystem.

How Users Earn Income

Hyra Network offers users various ways to earn income by utilizing their idle computing power and participating in the AI blockchain ecosystem. Users can earn income from the Hyra DApp by:

  • Contributing Device Compute: Users can share idle compute power from their smartphones, laptops, PCs, and other edge devices to support AI workloads running on Hyra Network. Contributors receive HYRA rewards based on the amount and consistency of compute they provide.
  • Completing AI Tasks: Users can participate in AI-related workloads such as model inference, data processing, or other compute-intensive tasks. Once a task is completed and verified, users receive HYRA rewards proportional to their contribution.
  • Referral and Growth Programs: Users can join Hyra’s referral program to introduce new participants to the ecosystem. When referred users contribute compute or complete tasks, the referrer receives additional HYRA rewards tied to community growth.

Competitive Advantages

  • High Scalability: Hyra Network is engineered for large-scale AI workloads, enabling high throughput, fast verification, and consistently low operating costs.
  • Security and Transparency: The blockchain-based platform ensures high transparency and security, building trust among users and businesses.
  • Community-Driven Ecosystem: The decentralized ecosystem encourages community involvement, ensuring democratic and sustainable development.