SINGAPORE, Dec. 27, 2024 /PRNewswire/ — Nodepay, a decentralized AI platform reworking unused web bandwidth into real-time information pipelines for AI coaching, at present introduced it has raised a second spherical of funding, bringing its complete to $7 million.
The newest funding spherical welcomed new strategic buyers IDG Capital ($23 Billion AUM), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan (Etherscan founder) and Yusho Liu (CoinHako Co-founder & CEO) as notable angels. They be a part of a formidable roster of earlier backers that features Animoca Manufacturers, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital and extra.
Nodepay’s community faucets into a worldwide group of customers operating privacy-protected nodes. By sharing their spare web bandwidth, these members earn rewards for making a real-time information supply that improves AI inference with correct, well timed info—an method often known as Retrieval Augmented Era (RAG).
Darren Nguyen, co-founder of Nodepay commented: “Our mission is to develop options that create tangible worth for each AI builders and its finish customers. We give contributors a share within the AI ecosystem they assist basically construct.”
Nodepay’s infrastructure platform integrates real-time information retrieval, a Web3-focused decentralized reply engine, reinforcement studying for extra correct mannequin output, and gamified human verification. Collectively, these elements mix to create a good, collaborative, and revolutionary AI ecosystem.
Eric Le, funding director of IDG Capital, mentioned, “The crew at Nodepay is democratizing the AI financial system by offering a platform that enables customers to share straight within the worth they create. We’re proud to help their imaginative and prescient of creating AI extra accessible and useful to all.”
With this funding, Nodepay will proceed to commercialize its infrastructure to profit each its group and accomplice AI labs. Because it prepares to launch on Solana, Nodepay stands prepared to guide the subsequent period of decentralized AI growth and coaching.
Already serving over 1.5 million energetic customers worldwide, Nodepay continues to develop its attain, solidifying its function as a frontrunner within the integration of AI and blockchain expertise. Customers can anticipate additional updates and new bulletins via their social channels and official web site.
About NodepayNodepay is a decentralized AI platform devoted to democratizing AI coaching via real-time information retrieval. By turning idle web bandwidth right into a worthwhile useful resource, Nodepay fuels the subsequent era of AI fashions and stands on the forefront of AI decentralization.
