Investment of $1.2 Million in Startup aZen, Secured through Seed Round, along with Grants for Web 3.0 Development, to Facilitate Creation of DePIN for Widespread AI, Following Onboarding of 600,000 Users
AZen, a decentralized AI-native computing infrastructure for Web 3.0, is shaking things up in the AI scene. Here's a quick rundown of where they're at and where they're headed:
Current Status
- Funding Galore: Waterdrip Capital, backed by big hitters like DWF Ventures, Rootz Labs, and more, led a $1.2 million seed round in AZen. That's not all - UAE-based Royal Front LLC dumped a whopping $40 million in equity into AZen's holding company to supercharge their long-term growth and ecosystem development [1][2][3].
- Grants & More: AZen snagged some strategic Web 3.0 grants from Peaq, ICP, and Swarm, which are golden tickets for cross-chain collaboration, new integrations, and expanding their reach across different blockchain ecosystems [1][3].
Future Goals
- Build as They Go: AZen is putting the pedal to the metal on building their decentralized AI-native computing network, focusing on DePIN (decentralized physical infrastructure) integration. By transforming idle computing resources into decentralized AI playgrounds, they aim to make AI tasks more accessible and affordable [5].
- AI Applications for All: With their scalable, tokenized computing solutions, AZen is working to democratize AI computing, giving everyday users and businesses access to powerful computing capabilities without having to rely on big-time centralized cloud providers [1][5].
- Expansion Euphoria: With the support of heavy-hitting investors and strategic grants, AZen is gearing up to expand their ecosystem, boost liquidity, and collaborate with other blockchain networks to supercharge widespread adoption of decentralized AI solutions [3][5].
In essence, AZen is all about revolutionizing the global AI computing game. Their plans to integrate DePIN with AI optimization stand to reshape data and economic incentives on a grand scale, making intelligent services accessible, efficient, and decentralized for all [1][3]. Here's some more info on their awesome stuff:
- ZenHive: This commercial-grade edge device offers scalable AI, data analytics, and customer acquisition services for businesses [5].
- SocialFI AI agent: This little guy curates and amplifies high-value content across Web 3.0 social platforms - win-win for content creators and users alike [5].
- DeFAI: By integrating AI into DeFi, DeFAI optimizes staking, credit scoring, and liquidity management with intelligent agents for maximum gains [5].
Stay tuned for more updates on this exciting decentralized AI movement!
- Cryptocurrency investors are eyeing AZen, a startup that's integrating blockchain technology with AI-native computing infrastructure, as they recently secured funding from notable firms like Waterdrip Capital and Royal Front LLC.
- The future of AZen looks promising, with their plans to build a decentralized computing network that utilizes DePIN (decentralized physical infrastructure) and aims to make AI tasks more accessible and affordable for all, including everyday users and businesses.
- With their decentralized infrastructure in place, AZen is working to democratize AI computing and shift the finance landscape away from relying on big-time centralized cloud providers, triggering a wave of deglobalization in the technology sector.
- AZen's ecosystem expansion includes collaborating with other blockchain networks and boosting liquidity, with the ultimate goal of supercharging the widespread adoption of decentralized AI solutions, not just for crypto enthusiasts, but for the broader public as well.
- The stories of AZen's innovations extend beyond building a decentralized AI network, as they also offer cutting-edge solutions like ZenHive, a commercial-grade edge device, and SocialFI AI agent, which amps up content creation and distribution across Web 3.0 platforms. Additionally, their DeFAI integration optimizes staking, credit scoring, and liquidity management in the DeFi sector, using intelligent agents for maximum gains.
