Blockchain protocol OpenLedger said it will commit $25 million to fund AI and Web3 developers.

The capital will be available on OpenCircle, a new launchpad set up by the California-based project to assist developers with creating AI-focused protocols.

The funding comes at a time of increased intersection between the blockchain and AI industries. Telegram last month announced a deal with Elon Musk's xAI to incorporate the Grok AI chatbot on the messaging app, with the app also accepting the TON token for crypto payments.

“AI is currently an extractive economy, profiting from invisible labor and centralized training pipelines,” said Ram, a core contributor at OpenLedger. “OpenCircle turns that model inside out. We’re building a system where anyone who contributes, whether through code, data, or compute, owns a piece of the value they help create.”

OpenLedger raised $8 million in a seed round in 2024 as it looked to become the "sovereign data blockchain for AI technology." The company also signed a deal with restaking protocol Ether.fi to enhance AI model development and security, Ether.fi has $6.5 billion in total value locked (TVL).

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。