SINGAPORE, Dec. 27, 2024 /PRNewswire/ — Nodepay, a decentralized AI platform reworking unused web bandwidth into real-time information pipelines for AI coaching, right now introduced it has raised a second spherical of funding, bringing its complete to $7 million.
The newest funding spherical welcomed new strategic traders 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 world group of customers working privacy-protected nodes. By sharing their spare web bandwidth, these contributors earn rewards for making a real-time information supply that improves AI inference with correct, well timed data—an strategy 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 progressive AI ecosystem.
Eric Le, funding director of IDG Capital, mentioned, “The staff at Nodepay is democratizing the AI economic system by offering a platform that permits customers to share immediately within the worth they create. We’re proud to help their imaginative and prescient of constructing 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 steer the following period of decentralized AI growth and coaching.
Already serving over 1.5 million energetic customers worldwide, Nodepay continues to increase its attain, solidifying its function as a pacesetter within the integration of AI and blockchain know-how. Customers can anticipate additional updates and new bulletins by way of their social channels and official web site.
About Nodepay
Nodepay is a decentralized AI platform devoted to democratizing AI coaching by way of real-time information retrieval. By turning idle web bandwidth right into a priceless useful resource, Nodepay fuels the following era of AI fashions and stands on the forefront of AI decentralization.