INTRODUCING THE DOLPHIN FOUNDATION: ONE NETWORK ONE ASSET

Summary from the TLDR Crypto newsletter

The Dolphin Foundation has incorporated in the Cayman Islands as the legal entity for Dolphin Network, a decentralized peer-to-pool inference protocol where GPU providers earn POD tokens for completed inference work. POD is the sole value-accruing asset, with 100% of inference revenue from API access and credit card subscriptions directed to open-market POD purchases, creating buy pressure proportional to usage. The structure eliminates the split-incentive problem common in foundation models by removing an equity layer that would otherwise compete with token holders for economic upside. The foundation holds core IP and manages commercial relationships the decentralized protocol cannot, with the inference API launch imminent.