ConsenSys-Backed Intuition Launches Mainnet and $TRUST Token

Following an $8.5 million funding round, Intuition introduces its Information Finance-powered layer 3 mainnet to deliver a decentralized trust layer for AI systems and internet data integrity.

Summary

According to an official press release, ConsenSys-backed Intuition has launched its layer 3 mainnet driven by Information Finance principles, aiming to create a decentralized trust layer for AI and the internet. The launch follows an $8.5 million funding round that supports its mission to enhance data reliability and verification across digital platforms. The initiative also involves the $TRUST token, enabling participation in the ecosystem’s governance and trust infrastructure.

Terms & Concepts
  • Mainnet: The primary public blockchain network where real transactions occur and have monetary value, as opposed to test networks.
  • $TRUST Token: A cryptocurrency issued by Intuition intended to facilitate participation in and governance of its decentralized trust infrastructure.
  • Layer 3: A blockchain architecture layer built on top of layer 2 solutions, aimed at adding specialized functionality such as advanced data processing or trust frameworks.