FAR Labs made a significant entrance into the cryptocurrency and artificial intelligence landscape by unveiling its decentralized AI inference network, known as FAR AI, at an exclusive event in Dubai on December 3. This gathering, held concurrently with Binance Blockchain Week, was titled “Proof of Inference: DePIN & AI Builders Night” and marked the company”s debut in the public eye.
The presentation was led by Ilman Shazhaev, founder and CEO of Dizzaract, who illustrated how FAR AI integrates a distributed network of GPUs to create a cohesive computational layer. This layer is designed to efficiently handle large-scale, performance-sensitive AI tasks, providing a viable alternative to conventional centralized cloud services, which are often associated with high costs and limited scalability.
Shazhaev emphasized that the architecture of FAR AI aims to transform the economics and accessibility of computing resources for developers. At the heart of this system is an “anti-whale” structure, which seeks to prevent the concentration of power within the network. This framework promotes a balanced environment where participants can access resources without the burden of staking, thereby fostering a truly decentralized ecosystem.
The company plans to initiate token buybacks and burns starting in 2026, a move that indicates a long-term strategy aimed at enhancing the utility of its economic model. Throughout the event, FAR Labs expressed a commitment to bridging the realms of AI, gaming, and blockchain infrastructure, addressing the shared scalability challenges that these sectors encounter.
Leadership at FAR Labs pointed out that the reliance on centralized systems has created operational bottlenecks across industries. FAR AI is engineered to offer a decentralized solution capable of supporting the next wave of application development. Coinciding with the event, the company also launched a new website, which attracted considerable interest from representatives of funds and exchanges present.
FAR Labs operates as the deep-tech division of Dizzaract, which is recognized as the largest gaming studio in the Middle East and North Africa region. Backed by the Abu Dhabi government, the studio boasts a workforce of over 80 specialists across 25 countries and has developed projects such as Farcana, a third-person shooter that integrates digital ownership features, and GAMED, an AI-driven identity framework for gamers.
The Dubai event is part of a broader strategy for FAR Labs to increase its visibility at various prominent blockchain conferences throughout December. Upcoming engagements include appearances at Bitcoin MENA, Abu Dhabi Finance Week, Global Blockchain Show, and Solana Breakpoint 2025, all aimed at showcasing the FAR AI network to a wider audience of developers, infrastructure operators, and investors interested in the convergence of decentralized technologies and artificial intelligence.
