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Injective Launches SICI Index to Expand On-Chain AI Compute Markets

Injective Launches SICI Index to Expand On-Chain AI Compute Markets

Photo: TronWeekly

The Injective protocol has introduced Super Intelligence Compute Index ($SICI), where the cost of AI infrastructure will now receive the visibility in the blockchain-powered finance markets of Injective. The index comprises the rental prices of five NVIDIA GPU chips and gives traders access to their movements via perpetual trading contracts up to 10 times leverage. The release adds to the AI-specific financial instruments of Injective amid increasing demand for computing power. In the meantime, cryptocurrency expert Giannis Andreou has proposed a road map towards recovery of the INJ price to the $75 level.

Source: TronWeekly

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