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### **Mecanismos para Commoditizar Tokens de LLM**
1. **Mercados de Capacidad Computacional**:
- **Modelo**: Plataformas como **Gensyn** (cripto) o **Together AI** (Web2) convierten *tiempo de GPU* en tokens transables.
- **Ejemplo**: Usuarios "alquilan" potencia de procesamiento para entrenar LLMs, recibiendo tokens intercambiables por servicios o dinero.

2. **Tokenización de Modelos de IA**:
- **NFTs de LLM**: Modelos específicos tokenizados como activos únicos (ej. **Bittensor**).
- **Licencias Comerciales**: Tokens representan derechos de uso (ej. 1 token = 1M de consultas a GPT-4).

3. **Mercados de Derivados**:
- **Futuros sobre Costo Computacional**: Contratos que apuestan al precio futuro de recursos para LLMs (ej. coste de GPU-hora en AWS).
- **Bolsa de Chicago (CME)**: Podría listar derivados vinculados a índices de coste computacional (como hace con el índice de *datacenters*).

---

### **Regulaciones Clave**
| **Jurisdicción** | **Aplicabilidad** | **Desafíos** |
|------------------|-------------------|--------------|
| **EE.UU. (SEC/CFTC)** | - Tokens como *servicios* evitan ser "valores".<br>- Si generan ganancias pasivas, pueden ser regulados como *securities*. | Diferenciar tokens de LLM de criptoactivos financieros. |
| **UE (MiCA)** | - Tokens de utilidad (*utility*) bajo MiCA Anexo II.<br>- Requieren whitepapers y auditorías. | Cumplir normas de gobernanza de IA (Ley AI Act). |
| **Singapur (MAS)** | - Enfoque en tokens de pago.<br>*Utility tokens* fuera de PSA si no son invertibles. | Evitar que la reventa los convierta en *valores*. |
| **Suiza (FINMA)** | *Tokens de activos* si respaldan derechos sobre bienes físicos (ej. GPU). | Vinculación real con infraestructura. |

---

### **Mercados Relevantes**
1. **Chicago Mercantile Exchange (CME)**:
- **Potencial**: Listar futuros sobre índices de coste computacional (ej. "Índice Hugging Face").
- **Precedente**: Futuros sobre índices de *datacenters* y ancho de banda.

2. **Bolsas de Valores Digitales**:
- **SDX (Suiza)**: Tokenización de activos físicos/digitales con custodia regulada.
- **SGX (Singapur)**: Plataforma *Marketnode* para tokenizar servicios digitales.

3. **Plataformas Descentralizadas**:
- **Bittensor (TAO)**: Mercado P2P de modelos de IA donde tokens acceden a servicios.
- **Akash Network**: Subastas de capacidad GPU usando tokens como medio de pago.

---

### **Riesgos Críticos**
- **Definición Legal Ambiguia**: ¿Son *commodities*, *servicios* o *valores*? (Ej: Caso *SEC vs. Coinbase*).
- **Volatilidad**: Costes computacionales varían por demanda, avances técnicos (ej. nuevos chips NVIDIA).
- **Sostenibilidad**: Alto consumo energético de LLMs podría generar impuestos verdes (UE).
- **Seguridad**: Tokens podrían vulnerar normas de datos (GDPR si procesan información personal).

---

### **Casos Prácticos Emergentes**
1. **Amazon AWS Tokenizado**:
- **Mecanismo**: Convertir créditos AWS en tokens ERC-20 para revender capacidad no usada.
- **Regulación**: Se rige por leyes de comercio electrónico (no MiCA).

2. **Google Cloud con Solana**:
- **Modelo**: Usar tokens SOL para pagar servicios de IA en Google Cloud (asociación 2023).

3. **Futuros sobre Coste de Entrenamiento de LLMs**:
- **Propuesta**: Derivados que cubran fluctuaciones en costes de entrenar modelos (ej. LLaMA 3).

---

### **Conclusión Estratégica**
- **Oportunidad**: Crear **índices estandarizados** (ej. "Coste por 1B de tokens procesados") para listar en bolsas.
- **Canales Prioritarios**:
- *Minoristas*: Plataformas Web3 (Bittensor, Akash).
- *Institucionales*: Derivados en CME/EUREX.
- **Regulación Clave**: Mantener tokens como *utilidad* (no rentabilidad pasiva) para evitar SEC/MiCA.

**¿Necesitas detalles sobre algún aspecto?**:
- Modelos de fijación de precios para tokens de LLM.
- Impacto de la Ley de IA de la UE.
- Ejemplos de tokenización en instituciones financieras.

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+ ---
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+ license: mit
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+ datasets:
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+ - a-m-team/AM-DeepSeek-R1-0528-Distilled
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+ language:
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+ - en
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+ - es
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+ base_model:
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+ - deepseek-ai/DeepSeek-R1-0528
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+ ---
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+ # Model Card for Model ID
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+ <!-- Provide a quick summary of what the model is/does. -->
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+ This modelcard aims to be a base template for new models. It has been generated using [this raw template](https://github.com/huggingface/huggingface_hub/blob/main/src/huggingface_hub/templates/modelcard_template.md?plain=1).
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+ ## Model Details
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+ ### Model Description
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+ ## How to Get Started with the Model
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+ ## Training Details
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