OpenLedger is a Layer 1 blockchain built specifically for AI data, models, and applications. Its core mission is to tackle the long-standing value distribution issues in the AI industry: Is the source of training data compliant? Is the model output traceable? Can contributors receive fair compensation?

The project was founded in 2024 by Pryce Adade-Yebesi, Ashtyn Bell, and Ram Kumar, and has secured $8 million in seed funding led by top institutions like Polychain Capital and Borderless Capital. OpenLedger positions itself as an "AI blockchain," differentiating itself from generic smart contract platforms by projecting transparency and precise rights into the most ambiguous areas of the AI production chain.

OPEN is the native utility and governance token of the OpenLedger ecosystem, with a total supply of 1 billion tokens. It underpins essential functions such as on-chain gas fee payments, attribution proof rewards, incentives for data contributors, revenue sharing for model developers, and on-chain governance voting. Unlike traditional public chain tokens, the demand for OPEN revolves around data attribution and model contribution proofs, with use cases spanning the entire closed-loop process from data uploads, model training, to AI agent execution. As of May 2026, OPEN's market cap is approximately $44.41 million and it is listed on major exchanges like Gate.io, Binance, and Upbit.$OPEN #openladger