Blockchain protocol OpenLedger said it volition perpetrate $25 cardinal to money AI and Web3 developers.
The superior volition beryllium disposable connected OpenCircle, a caller launchpad acceptable up by the California-based task to assistance developers with creating AI-focused protocols.
The backing comes astatine a clip of accrued intersection betwixt the blockchain and AI industries. Telegram past period announced a woody with Elon Musk's xAI to incorporated the Grok AI chatbot connected the messaging app, with the app besides accepting the TON token for crypto payments.
“AI is presently an extractive economy, profiting from invisible labour and centralized grooming pipelines,” said Ram, a halfway contributor astatine OpenLedger. “OpenCircle turns that exemplary wrong out. We’re gathering a strategy wherever anyone who contributes, whether done code, data, oregon compute, owns a portion of the worth they assistance create.”
OpenLedger raised $8 million successful a effect circular successful 2024 arsenic it looked to go the "sovereign information blockchain for AI technology." The institution besides signed a woody with restaking protocol Ether.fi to heighten AI exemplary improvement and security, Ether.fi has $6.5 cardinal successful full worth locked (TVL).