What Alpaca Network does

Alpaca Network is a decentralized AI infrastructure platform built on the Base network that enables anyone to tokenize open-source AI models from Hugging Face and trade them via Initial Model Offerings (IMOs) on its flagship product, Modelz. Modelz, launched publicly on July 10, 2025, is positioned as the first decentralized exchange purpose-built for AI models, using bonding curve smart contracts that graduate to Uniswap V2 liquidity pools at a 25 million $PACA "singularity" threshold. The platform operates a three-layer architecture: the Paca Layer provides governance and staking via the $PACA utility token (1.2 billion total supply), the Model Layer handles tokenization and trading through Modelz, and the Agent Layer (planned for 2026) will expose SDKs and APIs so AI agents can call tokenized models with usage fees auto-routed on-chain to model token holders, $PACA stakers, and the treasury.

The business model is entirely token-mediated rather than subscription or SaaS-based. Revenue streams consist of bonding curve token sales during IMOs, DEX trading fees on Uniswap V2 after singularity, and on-chain API call royalties routed through a Revenue Router that splits proceeds pro-rata among model token holders, $PACA stakers, treasury, and a burn mechanism. Customer segments span four personas: AI developers and researchers seeking to monetize open-source models, crypto-native investors seeking AI exposure via tokenized assets, AI application builders integrating via SDKs, and AI power users discovering tools through the PacaSearch sub-product. Distribution is fully self-serve through EVM wallets (primarily MetaMask) with community-led growth across X, Telegram, Discord, and Galxe gamified campaigns.

The team is small and contributor-led, with Joaquim Miro (Founding Partner at GDA Capital, co-founder of MLG Blockchain, TrustSwap, and Remote Work Villas) serving as a key contributor and Vaughn DiMarco (ML consultant who built and sold two AI companies) serving as an advisor. No venture funding rounds, institutional investors, headcount figures, or financial revenue disclosures are present in the source material, and the platform is geographically restricted from US users. Core technology integrations include Hugging Face (upstream model source), Uniswap V2 on Base (downstream liquidity), Team Finance (staking and vesting), CertiK (token safety scoring), and Galxe (user acquisition).

Name

Alpaca Network

Website

https://alpacanetwork.ai

Company type

Private

Operating status

Operating

Short description

Alpaca Network operates Modelz, the first decentralized exchange for tokenizing open-source AI models via Initial Model Offerings on the Base network, serving AI developers, crypto investors, and AI app builders through $PACA token mechanics and bonding curve liquidity.

Ownership category

akta.pro rank

Product category

Decentralized AI Infrastructure

NAICS

Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)

akta.pro secondary industries

Account Abstraction & Smart Wallet Tooling (AA SDKs, paymasters, session keys) (FSAPABAK), Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)

Keywords

• Decentralized AI infrastructure
• AI model tokenization
• Decentralized exchange
• Initial Model Offerings
• Web3 AI marketplace

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Bonding Curve Token Sales: When users buy model tokens during IMO bonding curve phase, revenue flows into the model token pool. At singularity, liquidity is deployed to Uniswap V2 for continuous trading.
2. Model Token Trading (DEX): After singularity, model tokens trade on Uniswap V2 with PACA as the trading pair. Trading fees and price appreciation benefit token holders.
3. API Call Revenue Routing: When AI agents/apps call model APIs, fees are routed on-chain. Revenue split: model token holders receive royalties, $PACA stakers earn rewards, treasury gets a slice, and some is burned.
4. $PACA Token Utility: $PACA used as sole currency for IMOs, bonding curve purchases, staking for airdrops, governance voting, and ecosystem fund. Total supply: 1.2 billion tokens.
5. PacaDAO Ecosystem Fund: Time-locked reserve of $PACA finances grants, audits, hackathons, liquidity incentives, and keeper incentives for long-term ecosystem growth.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels9 records

Core offering

Alpaca Network operates Modelz, a decentralized exchange (DEX) on the Base network that enables anyone to tokenize open-source AI models sourced from Hugging Face via Initial Model Offerings (IMOs) using bonding curve smart contracts. The ecosystem centers on the $PACA utility token, which powers governance through PacaDAO, staking with model token airdrops, and bonding curve liquidity. Supporting offerings include PacaSearch (AI tool discovery with 10,000+ indexed tools), PacaLaunch (IMO launch support), and PacaLab (decentralized AI research initiative).

Product overview

Alpaca Network is a three-layer decentralized AI economy infrastructure platform. The core offering consists of Modelz (the first DEX for tokenizing open-source AI models), combined with the $PACA utility token, PacaDAO governance, and sub-products PacaSearch (AI discovery with 10K+ indexed tools), PacaLaunch (IMO launch platform), and PacaLab (research initiative). The three-layer stack includes: Paca Layer (economic bedrock with $PACA staking and governance), Model Layer (tokenization via Modelz), and Agent Layer (application layer for AI agents coming 2026). The platform enables anyone to wrap open-source AI models in tokenized assets, crowdfund via IMOs, and earn revenue when models are used.

Differentiator

Problem solved

Functional benefit

Brands

• PacaDAO: The governance layer of Alpaca Network where PACA stakers gain governance power, verify models, and earn early model access.
• PacaSearch
• PacaLaunch
• PacaLab

Products and services

• Modelz The world's first decentralized exchange (DEX) for AI models that lets anyone tokenize, trade, and co-own open-source AI models sourced from Hugging Face. Users wrap models in smart contract-powered tokens, crowdfund via Initial Model Offerings (IMOs) using bonding curves, and earn royalties when models are called via APIs.
• PacaSearch AI solutions discovery platform that lets users discover, buy, and integrate AI models, tools, and services from a global expert ecosystem. Currently indexes over 10,000 AI tools.

Quantifiable outcome

• 3.14% of every model token supply airdropped to $PACA stakers
• +3 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Hugging FacecoreTechnology or IntegrationModelz platform integrates with Hugging Face. Users paste a public Hugging Face URL to tokenize any open-source model. This is the core data source for model tokenization.
• UniswapcoreTechnology or Integration$PACA token and model tokens trade on Uniswap V2 Base network. Bonding curves graduate to create Uniswap liquidity pools at singularity. Official $PACA token contract: 0x3639e6f4c224ebd1bf6373c3d97917d33e0492bb.
• Team FinancecoreTechnology or IntegrationTeam Finance provides staking infrastructure. Team and advisor token allocations are managed through Team Finance with time-locked vesting (6-month cliff, unlocking over 12 months).
• GalxecoreGTM or Marketing PartnerGalxe hosts the PACA Genesis campaign. Users complete quests to earn from the future of on-chain AI. Prize pool of 4,000,000 $PACA distributed through Modelz Uplink campaign.
• CoinGeckominorGTM or Marketing Partner$PACA listed on CoinGecko for price discovery and market data tracking.
• Meta (Llama)minorOthersAlpaca references Meta's Llama as the 'decentralized cousin' - a contextual nod rather than formal partnership. The name 'Alpaca' is a wink to Meta's Llama model.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Render Network: Decentralized GPU marketplace for AI and 3D rendering, tokenized via RNDR. Competes more broadly in decentralized AI infrastructure and offers a more established revenue-sharing model for compute contributors.
• Livepeer: Decentralized video transcoding network tokenized via LPT, with staking rewards and an established coordinator marketplace. Closely comparable crypto-economic structure (staking for service provision + tokenized work markets) to Alpaca's IMO/PACA staking model.
• Akash Network: Decentralized cloud compute marketplace for AI/ML workloads using AKT token. Adjacent infrastructure peer providing the underlying compute layer that Modelz-tokenized models ultimately run on.
• The Graph: Indexed blockchain data querying protocol with GRT token economics and subgraph marketplace. Shares the DEX/discovery-platform DNA with Alpaca's Modelz + PacaSearch, applied to on-chain data rather than AI models.

Direct peers

• SingularityNET: Decentralized AI services marketplace where developers tokenize and monetize AI models/agents via the AGIX token. Directly competes with Modelz on the AI-tokenization thesis, with a more mature but narrower architecture focused on agent services rather than open-source model ownership.
• Fetch.ai: Decentralized machine-learning platform powering autonomous AI agents that transact via FET token. Overlaps with Alpaca's planned Agent Layer and competes for AI-agent narrative and capital.
• Bittensor: Decentralized network for training and serving machine learning models, with TAO token incentivizing contributions to subnets. Competes for the same crypto-AI capital pool and developer mindshare as Alpaca Network's Modelz DEX.
• Ocean Protocol: Tokenization protocol for data and AI assets, enabling data owners to monetize datasets via Data NFTs and datatokens. Closest architectural analogue to Alpaca's RWA-tokenization approach, applied to data rather than model weights.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AlpacaNetworkAI

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alpaca Network