The currency $OPEN currently (in 2025) primarily refers to the OpenLedger project, which is an advanced blockchain system that integrates artificial intelligence (AI) and decentralized custody technologies. Its main features include:
AI Economy: The project aims to make data and AI models traceable and rewardable through the "Proof of Attribution" protocol to ensure creators' rights.
Decentralized Custody (Open Custody): It provides a modular protocol that connects solutions for managing private keys with decentralized applications to enhance security without a central intermediary.
Advanced Layer 2 Network: The project relies on Ethereum-compatible infrastructure to ensure fast transactions and very low costs (Gas Fees).
Governance and Rewards: The OPEN currency is used to vote on protocol decisions, granted as rewards to data contributors, and used as fuel (Gas) for operations within the network.
Institutional Expansion: The project focuses in 2025 on bridging the gap between big data and decentralized finance, making it an economic engine for independent AI models.
