GM Network MACH AVS Launches On EigenLayer

GM Network
3 min readJul 8, 2024

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We are beyond delighted to announce the launch of the GM Network MACH AVS Mainnet.
GM Network is the first consumer AIoT(AI+IoT) network, and its MACH AVS is a fast-finality Actively Validated Service (AVS) specifically designed for GM Network’s Layer 2 by AltLayer, ensuring rapid transaction finality to enhance trading efficiency.

The GM Network MACH AVS Mainnet

GM Network, as an AVS Layer 2 solution, is specifically designed for the Consumer AIoT Network. This pioneering initiative, in collaboration with AltLayer and EigenLayer, marks a significant milestone in the evolution of smart device ecosystems.
AltLayer’s MACH AVS, built on the EigenLayer framework, creates a decentralized network that enhances the validation of optimistic rollups.
With the support from AltLayer and EigenLayer, GM Network is set to enhance security and decentralization by offering core AVS encompassing decentralized sequencing, verification, and faster finality. These services are underpinned by EigenLayer’s restaking mechanism, which fortifies the network against potential threats and ensures reliable operation.

Why build on GM Network Mainnet

  • Gasless: By eliminating transaction fees, GM Network offers a more accessible and cost-effective platform for developers and users alike.
  • Security: With the robust security frameworks provided by AltLayer and EigenLayer, GM Network ensures that all transactions and interactions are secure, protecting user data and privacy.
  • Scalability: The network is designed to handle a massive number of AIoT devices and developers, supporting the growth and expansion of the AIoT ecosystem.
  • Modular Components: GM Network is composed of three layers: the Asset Layer, the Data Layer, and the User Layer. Together, these three layers form the modular, scalable, and composable foundation of the GM Network ecosystem, significantly reducing costs and barriers for developers and enabling the large-scale adoption of AIoT.

Restaked Rollup

GM Network supports restaking, leveraging EigenLayer’s advanced restaking mechanism to bolster security and resilience against malicious activities.

This robust security framework is further reinforced by the combined guarantees of Ethereum, EigenLayer, and AltLayer, ensuring a highly secure and reliable network environment.

GM Network embarks on a journey to harness the vast reservoirs of data pulsating within the Consumer AIoT Network. By leveraging this wealth of information, GM Network aims to pioneer the integration of AVS Layer 2 technology into the Consumer AIoT Network, establishing itself as a trailblazer in the field.
This innovative approach will enable smarter, more efficient, and more secure interactions between devices, enhancing the overall user experience.

Users can now stake ALT alongside ETH and LSTs via the GM Network Launchpool, to enhance network security while earning rewards.

https://stake.altlayer.io/vaults/4/staking-pools

Call to Action, Join the GM Network Ecosystem

We invite developers, innovators, and enthusiasts to join the GM Network ecosystem and explore the vast opportunities offered by our pioneering AVS Layer 2 solution for the Consumer AIoT Network.

Together, we can drive the next wave of technological advancements and create a smarter, more connected world.

💡 If you are interested in joining the GM Network ecosystem and developing on GM Network Layer2, please submit the application form. We will reach out to you after reviewing your submission. Early participants will receive extensive support.

https://docs.google.com/forms/u/1/d/e/1FAIpQLSe8BsSZx5x_fPGCaQ-bINqDRWmijC8Tp42NlNp9x2oZXQoicg/viewform

Join us now on Mission to participate in a variety of Mainnet quests. Engage with the Mainnet, experience its features firsthand, and uncover exciting surprises along the way!

Stay tuned for more updates and developments as GM Network continues to innovate and lead the way in the AIoT space.

About GM Network

GM Network is the first consumer AIoT network. Developed in collaboration with AltLayer & EigenLayer, GM Network represents a leap forward in the integration of AI and Web3 technologies.

As the world embraces the fourth industrial revolution, GM Network connects AI with IoT, and aims to become the largest Incentive and Communication Layer connecting the real and virtual worlds.

Official Site | Twitter(X) | Bento | Docs | Whitepaper

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