MetaTech Secures $25 Million Amid Heightened AI-Blockchain Competition and Ongoing Secrecy
- MetaTech secured $25M seed funding to develop MetaChain, a high-speed EVM-compatible blockchain integrating AI-powered investment tools. - The firm faces transparency concerns due to undisclosed leadership and investor details, contrasting with more open AI startups like VitVio. - AI-blockchain investment is accelerating, with $516M raised in 2023 as companies like Cyber A.I. Group and Credit Blockchain advance niche applications. - MetaTech claims 700,000 TPS via its hybrid consensus mechanism and defla
MetaTech, a company specializing in blockchain and artificial intelligence, has obtained more than $25 million in seed investment to develop its upcoming blockchain and AI investment platform, as noted in a
Although MetaTech’s fundraising reflects increasing enthusiasm for the intersection of AI and blockchain, the firm has yet to reveal information about its executive team or investor base, raising concerns about openness. This lack of transparency stands in contrast to other AI startups like
The momentum behind AI-blockchain investments continues to build. In the previous year, AI-focused crypto ventures attracted over $516 million, highlighting growing interest from both institutional and venture capital investors, as reported by Kanalcoin. Companies such as VitVio, which uses AI to coordinate operating rooms, and Planyear, which applies AI to optimize benefits consulting, illustrate how targeted AI solutions are transforming traditional sectors. These advances point to a broader movement toward AI-powered innovation across both blockchain and conventional industries.
MetaTech’s recent funding arrives as competition intensifies among companies seeking to harness AI for decentralized systems. The firm’s proprietary MetaAnthill technology and its hybrid Proof of Meta consensus protocol claim to support transaction rates surpassing 700,000 per second, aiming to rival established blockchain platforms. Its native asset, MetaTechCoin (MTT), will serve as the foundation of the ecosystem, featuring mechanisms like deflationary burning to promote sustained value, as outlined in the Daily Hodl report.
Industry analysts suggest that MetaTech’s future will hinge on its ability to realize its ambitious plans in a crowded market. For instance,
Despite these hurdles, MetaTech’s leadership remains confident. “We’re not simply creating another blockchain—we’re setting a new benchmark that unites AI, human collaboration, and advanced consensus models,” stated Mehmet Bayraktar, MetaTech’s founder. The company’s international team of more than 200 professionals, located in Istanbul, the United States, the UK, and Lithuania, is prepared to drive global growth and build partnerships across both consumer and enterprise markets.
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.
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