OpenLedger Allocates $25 Million for AI and Web3 Developer Funding
OpenLedger will allocate $25 million to support AI and Web3 developers via OpenCircle, a new launchpad for AI-focused protocols.
Key points include:
- The funding aligns with the growing convergence between blockchain and AI sectors.
- Telegram recently partnered with xAI to integrate Grok AI into its app, accepting the TON token for payments.
- OpenLedger aims to transform the current extractive AI economy by enabling contributors to own part of the value they create.
- In 2024, OpenLedger raised $8 million in a seed round to establish itself as a sovereign data blockchain for AI technology.
- The company partnered with Ether.fi to improve AI model development and security; Ether.fi has a total value locked of $6.5 billion.