Rainmaker closes $7.5 million in funding to advance decentralized AI

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Santa Monica, CA, April 4, 2024, Chainwire

Rainmaker, a Web3 and AI expertise firm, introduced the closing of a $7.5 million seed spherical forward of its mainnet launch and native token $Coiin TGE.

Notable buyers on this funding spherical: Bounce Crypto and Cypher Capital, 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, Vera Capital, Alpha Sigma Capital.

Rainmaker Community boasts progressive options akin to a scalable and modular blockchain structure, decentralized AI instruments, and AI-powered good contracts.

The corporate's core focus is on scalable implementations of decentralized AI and Web3 infrastructure to energy mass-deployment options in sports activities, gaming, and leisure.

Rainmaker Tremendous App customers practice AI instantly from their iOS or Android smartphones and earn partial rewards based mostly on the worth of their contributions to decentralized AI fashions and infrastructure. Now anybody can practice an AI mannequin and run a DePIN-enabled validator node from anyplace on the planet utilizing only a smartphone.

On the applying, customers are coaching the identical steady diffusion mannequin that the neighborhood makes use of to generate AI artwork by means of fine-tuning and knowledge labeling.

“The transformative energy of AI and Web3 applied sciences has the potential to empower humanity at an unprecedented stage, and we’re excited to be on the forefront of the decentralized AI expertise revolution.” Rainmaker mentioned JD Seraphine, Founder and CEO.

Rainmaker's investor cap desk consists of 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, MetaZero Capital.

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With over 70,000 app downloads, over 150,000 nodes, 18 million transactions processed, and a passionate neighborhood of over 200,000 folks worldwide, Rainmaker helps folks world wide with no specialised technical information. Means that you can contribute to decentralized AI infrastructure whereas incomes cryptocurrencies with out having to take action.

About rainmaker

Rainmaker is an progressive Web3 and AI expertise firm that efficiently developed the Rainmaker cell utility and the Rainmaker Community. The Rainmaker app is a cutting-edge Web3 and decentralized AI platform that revolutionizes the monetization of person contributions to AI infrastructure. Rainmaker Community combines scalable Web3 and AI infrastructure to redefine worth creation tied to digital identification, habits, and popularity.

The Rainmaker AI Tremendous App is powered by the Rainmaker Community and offers seamless integration with native Protocol Web3 performance. These options embody identification, NFT minting, token creation, and AI-powered good contracts.

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contacthead of sellingChris Seraphine[email protected]

This text was initially revealed on Chainwire

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