What to know:
- Well, hold onto your hats, old chap! OpenLedger’s thrusting a hefty $25 million into the hilarious world of AI and Web3 startups via its shiny new toy, OpenCircle. Think of it as a fundraising fête for the tech-savvy crowd, with enough cash to make even the most stoic investor do a double take. 💸
- The plan? To give everyone a fair crack at the whip in AI development. Whether you’re chucking in code, data, or even spare computing juice, you’ll share in the spoils. Jolly good, old sport!
- And it doesn’t stop there! This scheme follows an $8 million seed round and a fat partnership with Ether.fi—making sure everyone’s bits are as secure as Fort Knox, or at least as secure as a bank vault in a B-movie heist. 🔒
In a move that’s as subtle as a slapstick comedy, Blockchain protocol OpenLedger has announced it’s chucking in $25 million to bolster the brains behind AI and Web3 projects. Fancy that!
All that dosh will be raked in through OpenCircle, a launchpad as new as a Basset Hound in a bowler hat, designed to help developers cook up AI-focused protocols. Cheers!
As luck would have it, this all comes amid a confluence of blockchain and AI shenanigans. Telegram, that messaging marvel, last month inked a deal with Elon Musk’s xAI to sprinkle some Grok AI magic into your chats—plus accepting TON tokens for crypto fare. Quite the spectacle!
“AI’s a bit of a swindler just now, raking in profits from invisible labor and centralised training,” bawled Ram, a key player at OpenLedger. “Our OpenCircle scheme turns the tables—anyone contributing, whether with code, data, or compute, gets a slice of the pie. No more being left out in the cold!” 🥧
And if that wasn’t enough, OpenLedger has already scored $8 million in a seed round and is pondering to become the “sovereign data blockchain for AI tech.” They’ve also teamed up with Ether.fi, a mighty protocol with a staggering $6.5 billion locked up. Looks like the future’s in good hands—or so they say.
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2025-06-09 14:53