Blockchain protocol OpenLedger said it would make $ 25 million to fund AI and Web3 developers.
OpenCircle capital is available, a new launchpad set by the California -based project to help developers in creating AI -focused protocols.
The fund arrived at a time of increasing intersection between blockchain and AI industries. Telegram last month announced A deal with Elon Musk’s Xai to include Grok AI Chatbot in the Messaging App, with the app that also welcomes the TON token for crypto payments.
“AI is currently an extractive economy, which benefits from invisible labor and centralized training pipelines,” said Ram, a major contributing to the openledger. “The OpenCircle turns that model inside. We build a system where anyone who contributes, even by code, data, or calculation, owns a piece of the amount they help.”
Opender Raised $ 8 million In a seed round in 2024 as it looks like it will be the “Sovereign Data Blockchain for AI technology.” The company also signed a deal with the restoration of the protocol ether.fi to enhance the development and security of the AI model, Ether.FI has $ 6.5 billion in the total amount locked (TVL).
