A huge $4 million has been raised in a seed fundraising round for Web3Go, a blockchain startup that uses artificial intelligence (AI) to offer cutting-edge data solutions. Famous investors, including HashKey Capital, NGC, Shima Capital, IVC, LIF, Big Brain Holdings, and Archerman Capital, actively participated in the funding, which was spearheaded by the renowned Binance Labs. A formal press statement provided confirmation of this outstanding accomplishment.
Infrastructure providers have distinguished themselves as a particularly stable industry, while the investment landscape was badly affected by the protracted crypto winter. Web3Go was able to successfully raise money in a recent funding round, demonstrating its tenacity. In a similar spirit, the AI computing protocol Gensyn raised an amazing $43 million in funding with the help of the well-known investor Andreessen Horowitz. These cases demonstrate the resilience and long-term potential of companies with an infrastructure focus in the face of market obstacles.
Web3Go, situated in Singapore and a graduate of one of Binance Labs’ incubator programs, wants to employ blockchain technology to make it simpler to establish ownership of AI-native digital assets while also providing a set of data tools that make it simpler to produce that kind of asset. The tools include real-time data processing capabilities that act as a foundation for information flows and on- and off-chain data computation, as well as a digital curation protocol that manages ownership confirmation and transfer of data sets and digital assets.
By the end of this month, Web3Go’s native asset creation platform, DIN, is anticipated to go into beta. By the end of the third quarter, DIN will feature real-time on-chain trade data that users can use to construct trading knowledge, strategies, and robots that are supported by AI. The BNB Chain and Polygon ecosystems already make use of the company’s data solutions.
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