Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
YeagerAI, the developer of decentralized AI network GenLayer, completes $7.5 million seed round led by North Island Ventures

YeagerAI, the developer of decentralized AI network GenLayer, completes $7.5 million seed round led by North Island Ventures

CointimeCointime2024/08/20 15:00
By:Cointime

YeagerAI, the development company of the decentralized artificial intelligence network GenLayer, has completed a $7.5 million seed round of financing, led by North Island Ventures, with participation from Node Capital, Arrington Capital, ZK Ventures, WAGMI Ventures, BlockBuilders, and Arthur Hayes' family office Maelstrom, as well as several angel investors. The YeagerAI team is leading the way in launching a technology solution called "smart contracts," which is a blockchain-based system that uses large language models connected to the internet to execute functions. GenLayer also uses artificial intelligence in its customized delegated proof-of-stake algorithm, which randomly selects a chief validator to propose output and is then voted on by four other validators connected to different large language models. If the subjective output receives a majority of support, the transaction is processed.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Ethereum Classic ($ETC) Eyes a 510% Breakout Rally

Ethereum Classic could surge over 510% to $127.65 as a major breakout pattern emerges.Why the $127.65 Target MattersShould You Pay Attention?

Coinomedia2025/05/11 16:33
Ethereum Classic ($ETC) Eyes a 510% Breakout Rally

Doginme Made Early Buyers Rich—Now Arctic Pablo Coin Is Leading the Next Meme Coin Gold Rush

While Doginme showed how fast gains can arrive in meme markets, Arctic Pablo Coin is showing how they can be structured, incentivized, and sustainable.Doginme: The Meme Token That Ran With the Big DogsArctic Pablo Coin’s 66% APY: The Meme Coin Presale With Real UtilityIceberg Isle and the Numbers That Matter: $0.000125 Entry, 6,300% ROIArctic Pablo Coin Is Built for the Long Run: Why It Belongs Among the Top New Meme Coins for Exponential Returns

Coinomedia2025/05/11 16:33
Doginme Made Early Buyers Rich—Now Arctic Pablo Coin Is Leading the Next Meme Coin Gold Rush