Ciamac Moallemi is a distinguished academic with extensive experience in optimizing large-scale stochastic systems and decision-making under uncertainty. His expertise in market microstructure, algorithmic trading, and blockchain technology makes him an invaluable asset to Hyperbolic, particularly in the area of tokenomics. As the William von Mueffling Professor of Business at Columbia Business School, Ciamac brings a unique blend of academic rigor and practical insight to our team.
Ciamac holds numerous prestigious awards and honors, underscoring his contributions to the field. He has been recognized with the British Marshall Scholarship, a highly competitive award for academic excellence, and the Best Simulation Publication Award by the INFORMS Simulation Society. These accolades highlight his commitment to advancing research in quantitative finance and operations research.
In addition to his academic credentials, Ciamac has a strong track record in the financial sector, having developed quantitative trading strategies at Bourbaki LLC and engaged in entrepreneurial ventures. His deep understanding of decentralized finance and blockchain technology directly supports our mission to build a sustainable and thriving token economy within our open AI ecosystem.
"Welcoming Ciamac Moallemi to Hyperbolic is like adding a master architect to our decentralized AI ecosystem. His profound expertise in complex systems and financial markets is as precise as an artisan crafting the gears of a finely tuned machine,” noted Dr. Jasper Zhang, CEO and Co-Founder of Hyperbolic.
The Role of Tokenomics in AIFi
We’re currently in the first of three key stages of our journey. Right now, our focus is on building production-ready AI services to establish a strong foundation. This is akin to the early days of Ethereum when Vitalik Buterin had a visionary idea that seemed broad and ambitious at the time. Just as Ethereum methodically progressed through its stages, bringing those once far-fetched ideas to life, we too have a clear roadmap. Once our foundational services are in place, we will move on to the next stage, where Ciamac Moallemi will play a crucial role in helping us develop AI-powered financial instruments (AIFi) and refining our tokenomics. Each stage is designed to build upon the last, driving us closer to realizing our ultimate vision and driving significant, tangible advancements that will reshape the AI industry.
Under the guidance of Ciamac Moallemi, we’re developing innovative solutions like a GPU exchange, where users can trade GPU resources as commodities, enhancing liquidity and capital flow. Additionally, we're creating revenue-sharing models for Web3 AI agents, allowing contributors to earn tokens and share in the profits generated by AI services. These developments will be key to building an open AI economy, where tokenomics drive participation and growth.
The Importance of Verification in AI
At Hyperbolic, we believe that the future of AI lies in decentralization, but this vision comes with significant challenges, particularly in the area of verification. Ensuring that AI outputs are generated by the correct models is critical to maintaining the integrity and trustworthiness of decentralized systems. Ciamac’s role will also focus on advancing our Proof of Sampling (PoSP) protocol, which is essential for verifying the entire AI pipeline, from inference to fine-tuning, training, and compute.
What Ciamac Brings to Hyperbolic
Ciamac’s experience in both academia and the financial industry will help us develop sophisticated tokenomics that align with the needs of our decentralized AI platform. His insights into market dynamics and quantitative finance will be crucial as we build a token economy that is not only secure but also promotes growth and participation. His extensive network in the academic and financial sectors will open up new opportunities for partnerships and collaborations, accelerating Hyperbolic's growth.
“Joining Hyperbolic at this juncture feels like stepping into a momentous chapter in the evolution of AI. Just as the foundation of a building determines its strength, the integrity of decentralized AI hinges on robust verification. Hyperbolic’s dual commitment to building a sound token economy and ensuring every layer of the AI pipeline is verifiable is not just innovative—it’s essential for the future of trustworthy and economically viable AI,” remarked Ciamac Moallemi.
Looking Ahead
Ciamac Moallemi’s appointment is a significant milestone for Hyperbolic as we continue to push the boundaries of open-access AI. His expertise will be instrumental in guiding us toward achieving our vision of building an open AI ecosystem and economy, where everyone who contributes is rewarded.
We are excited to collaborate closely with Ciamac as we tackle the challenges of trusted and verifiable AI, advancing our mission to make AI technology universally accessible, and economically sustainable, and verifiable.
For more information on Ciamac Moallemi, you can visit his Columbia Business School profile, follow him on X, or connect with him on LinkedIn.
About Hyperbolic
Hyperbolic is the leading Open-Access AI Cloud, building an open ecosystem and economy for AI. Hyperbolic believes in a future where AI technology is universally accessible, empowering every individual and community with the tools to innovate, create, and advance our world. The Hyperbolic founding team is led by award-winning Math and AI researchers from UC Berkeley and the University of Washington.
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