BalanceAI — Weekly Report

BalanceAI Network
3 min readApr 28, 2024

Weekly Report — April 28, 2024


Welcome to our weekly update, a summary of the most recent progress and achievements in our project. To access the previous update, please click on the following link: Weekly Report — April 21, 2024

1. Our V0 Testnet is fully operational

Beta Testnet V0 can be found at:


2. From the news

The convergence of Artificial Intelligence (AI) and Blockchain technology has piqued the attention of Venture Capital (VC) investors.

3. First version of the new documentation is ready

At present, we’re deeply engaged in the meticulous process of documentation. Our focus lies in organizing, detailing, and clarifying vital information that underpins our project. With a keen eye for accuracy and clarity, we strive to ensure that our documentation serves as a reliable reference point for our team members and stakeholders alike. Through this concerted effort, we aim to streamline workflows, enhance communication, and fortify the foundation upon which our endeavors rest.

We are working on publishing the new documentation on our new portal.

4. Audit

We have established a commercial arrangement with the Auditor company (recommended by Astar team). We are currently working with them on auditing. It is a tedious process as we need to make sure V0 is a stable basis for all our next efforts. Work involves re-running all tests, get their feedback, fixing issues and run a full final audit.

5. Rebranding

Our social media profiles will be rebranded with this new visual identity, ensuring consistency across all platforms.
The icons and images will feature stylized representations of innovative
concepts, such as gears, circuits, and sparks, symbolizing the power of
human ingenuity. Additionally, we are launching a brand-new domain and
website that provides an intuitive user experience, easy navigation, and
stunning visuals that showcase our projects and achievements.

This rebranding effort is more than just a visual refresh — it’s a declaration
of our commitment to pushing boundaries, driving progress, and inspiring
others to join us on this exciting journey.

More info in the article:

6. Monitoring infrasctructure

We are working on preparing solid monitoring infrastructure for the V0 Testnet and V0 Mainnet.

The monitoring hub in action with our latest V0 Testnet with 3 validators:

To stay updated with our latest news and developments, be sure to follow us on our official channels.

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BalanceAI Network

BalanceAI is an open-source protocol that powers a decentralized, blockchain-based AI Models Marketplace.