Overview
- Pavel Durov introduced Cocoon at Blockchain Life 2025 in Dubai as a decentralized AI inference marketplace built on The Open Network.
- The platform lets GPU owners earn Toncoin for processing AI tasks while developers purchase competitively priced compute through on-chain market mechanics.
- Cocoon is framed as privacy-first, with confidential compute claims that keep user prompts and data encrypted during inference, reportedly even from GPU providers.
- Telegram plans to route internal AI workloads through Cocoon and integrate it into mini-apps, bots, and AI features to seed initial demand.
- AlphaTON Capital announced plans to deploy high-memory GPU fleets and data center capacity to support models such as DeepSeek and Qwen, as onboarding for providers and developers goes live ahead of the planned November rollout.