Origins Network Raises $8 Million in Strategic Funding
Origins Network has successfully raised $8 million in a strategic funding round, aimed at enhancing its capabilities in building and deploying AI agents on reliable infrastructure. The round was led by Animoca Brands, with participation from TBV, Candaq, Castrum Istanbul, and Coinvestor Ventures.
Focus on Modular AI Chain
The funding will support Origins Network in developing a modular blockchain specifically designed for AI agents. This blockchain will incorporate verifiable computation, a feature that ensures the integrity and reliability of AI operations. The project introduces a "Proof of Computation" design, which effectively separates complex AI workloads from on-chain verification processes.
Strategic Partnerships
Origins Network is already collaborating with major cloud service providers such as AWS, Tencent Cloud, and Alibaba Cloud. These partnerships place the company at the crossroads of crypto infrastructure and the emerging field of agentic AI, which is rapidly gaining traction in the tech industry.
Use of Funds
The $8 million will primarily be used to advance the development of Origins Network’s modular AI blockchain. This includes refining their "Proof of Computation" technology and expanding their infrastructure to support increased demand for verifiable compute solutions.
Investors and Industry Impact
Animoca Brands, known for its investment in blockchain and AI technologies, led the round, demonstrating continued interest in integrating AI capabilities with blockchain solutions. Other investors, including TBV, Candaq, Castrum Istanbul, and Coinvestor Ventures, bring a wealth of experience in the tech and Web3 sectors, which is expected to further accelerate Origins Network's growth.
This funding round highlights the growing interest and investment in technologies that merge AI and blockchain, paving the way for more secure and efficient AI operations in various industries.