The DGAI token of the DGrid AI project nearly doubled on its first day of trading following the launch of the native token for the decentralized AI network.
On Tuesday, DGAI was trading around $0.73, gaining nearly 93% over the past 24 hours. Its market capitalization stood at approximately $110 million, with trading volume exceeding $165 million, according to CoinGecko.

Source: CoinGecko
The launch of DGAI coincided with the expansion of the decentralized AI network DGrid. It connects users and developers with distributed nodes that process AI inference requests. The token is used for payments, staking, and rewarding node operators.
DGrid's litepaper states that the network routes AI requests between models hosted on distributed nodes and uses a "Proof of Quality" mechanism to evaluate results. Node operators stake DGAI and receive token rewards for providing computational resources. Penalties are stipulated for low performance or improper actions.
DGrid informed Cointelegraph that it sold over 140 DClaw Box devices in a few hours at 1580 $USDT each, generating over 221,000 $USDT in revenue.
DClaw Boxes are physical devices designed to run the DGrid DClaw personal AI agent. They connect users to AI models through a decentralized network of independently managed nodes, rather than through a single centralized provider.
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