Improving Defi with AI: SingularityDAO Nets $2.7M in Private Sale
SingularityDAO, an independent project from the AI-driven marketplace SingularityNET, believes decentralized finance will be the fastest vehicle for improving the world, with artificial intelligence (AI) steering the wheel. Support for SingularityDAO’s vision was recently shown in a private funding round led by Alphabit that netted $2.7 million from the likes of GBV (Genesis Block Ventures), […]
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The three projects raised a collective $77.7 million, underscoring investor appetite for all things blockchain and cryptocurrency. Blockchain projects Rally, GlobeDX and SingularityDAO concluded highly successful private sales this week, offering further evidence that smart-money investors were still eyeing up-and-coming digital asset plays. Rally, the so-called “crypto for creators” platform, raised $57 million for its community treasury through the sale of its RLY governance token, the project announced Wednesday. The Rally network now has over 100 creator coins representing various....
The merger between artificial intelligence and decentralized finance is growing. SingularityDAO focuses on creating AI-driven investment portfolios. Decentralized finance (DeFi) portfolio manager SingularityDAO has appointed research scientist Chris Poulin as its new chief technology officer and head of artificial intelligence, underscoring the company’s ambitions for AI-driven investment solutions.In his new role, Poulin will be tasked with developing SingularityDAO’s DynaSets, an AI-powered system for building a curated basket of crypto investments. DynaSets hold a collection of DeFi....
Revuto, a subscriptions management and DeFi micro-lending platform, has concluded a $1.7 million private sale. The round precedes an initial public sale on May 18, the first-ever to take place on the Cardano blockchain. The private round was led by BlackDragon VC alongside a number of leading blockchain and angel investors, with intense demand seeing […]
Nets, a Nordic payment giant which traces its roots back to 1968, has joined hands with Coinify to establish a Blockchain Development Lab. Nets joins a long list of financial services firms who are exploring blockchain to benefit from this innovation which has the potential to disrupt the market. Nets – A Nordic Payment Giant. Nets was formed in 2009 through a merger between three leading companies (BBS, Teller and PBS) in the payment cards, payment solutions and payment information space. PBS, which was established in 1968, was one of the earliest players in the electronic payment space....
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi R&D, Funding, & Liquidity As decentralized finance (defi) slowly regains its footing following the May decline in total value locked, there is no shortage of investment capital chasing after the idea’s tremendous potential. Bitdao, a decentralized autonomous organization focused on defi, is....