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    Raiinmaker Closes $7.5M Funding to Advance Decentralized AI

    Latest News

    Santa Monica, CA, April 4th, 2024, Chainwire

    Raiinmaker, a Web3 and AI Expertise Firm, is asserting the closing of a $7.5M seed spherical forward of its Mainnet launch and native token $Coiin TGE.

    Notable buyers on this funding spherical: Leap Crypto and Cypher Capital together with GDA Capital, Gate.io Labs, London Actual Ventures, MEXC International, Krypital Group, Alphabit, Launchpool, New Tribe Capital, Coach Okay, Axia 8 Ventures, Sheesha Finance, Andromeda Capital, Arcanum Capital, Bella Capital and Alpha Sigma Capital.

    The Raiinmaker Community boasts progressive options together with a scalable and modular blockchain structure, decentralized AI instruments, and AI powered sensible contracts.

    The corporate’s core focus lies within the scalable implementation of Decentralized AI and Web3 infrastructure to energy Mass Adoption options in Sports activities, Gaming and Leisure.

    Raiinmaker Tremendous App customers prepare AI proper from their iOS or Android telephones and earn fractional rewards primarily based on the worth of their contributions to decentralized AI fashions and infrastructure. Now everybody has the power to coach AI fashions and run a DePIN enabled validator node utilizing simply their smartphone from wherever on the earth.

    On the applying, customers are coaching the identical secure diffusion fashions the group is utilizing to generate AI artwork by way of nice tuning and information labeling.

    “The transformative energy of AI and Web3 know-how has the potential to empower the human race to an unprecedented diploma and we’re excited to be on the forefront of the decentralized AI Expertise Revolution,” mentioned J.D. Seraphine, Founder and CEO of Raiinmaker.

    Raiinmaker’s investor cap desk consists of different notable firms akin to DCI Capital, Seed Thrift Ventures, Titans Ventures, WeeHodl, Kopman Capital, 7 O’Clock Capital Fund, Spicy Capital, NxGen.xyz, Absoluta Digital, Candaq, Mainchain Ventures, Panda Capital, Stealth Capital, Taisu, K300, Tulpar Capital, Acacia Digital, Simurg Labs, Gemhead, Alpha Capital, Inexperienced Arrow Ventures, Fundamentals Capital, Legion Ventures, Coinvestor Ventures, Simplicity Blockchain, Aza Ventures, Remodel Capital, Khan’s DeFi Kitchen, HC Capital, Crypto Roundtable, Gemhead Capital, and Metazero Capital.

    See also  Aleph Zero Launches Subsecond Shielding on Testnet, Delivering Shopper-Facet ZK Privateness for DeFi

    With 70,000+ app downloads, over 150,000 nodes, 18 million transactions processed and an engaged group of over 200,000 worldwide, Raiinmaker empowers individuals all around the planet to contribute to decentralized AI infrastructure whereas incomes crypto, no particular technical information required.

    About Raiinmaker

    Raiinmaker is an progressive Web3 and AI know-how firm that has efficiently developed the Raiinmaker Cell Software and Raiinmaker Community. The Raiinmaker App is a cutting-edge Web3 and decentralized AI platform that revolutionizes the monetization of customers’ contribution to AI infrastructure. The Raiinmaker Community combines scalable Web3 and AI infrastructure that redefines worth creation tied to digital id, conduct, and popularity.

    The Raiinmaker AI Tremendous App is powered by the Raiinmaker Community, offering seamless integration with native Protocol Web3 options. These options embrace Id, NFT Minting, Token Creation, and AI Powered Sensible Contracts.

    Web site | x | Telegram | Discord

    ContactHead of AdvertisingKris Seraphinekris@raiinmaker.com

    This text was initially revealed on Chainwire

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