Decentralized AI technology platform Redpill closes $5 million seed round to democratize AI
Comparing news, the decentralized AI technology platform Redpill has completed a $5 million seed round. Redpill, formerly known as Cyphermod, is an SDK for metaverse AI development, which has now changed its name to harness the transformative potential of combining AI and blockchain technology.
Led by Animoca Venture and DFG, other prominent players include Jsquare, Hypersphere, IOSG Ventures, Outlier Venture, PAKA, Sanctor Capital, TKX Capital, Gate.io Venture, LD Capital, Incuba Alpha, and MEXC. Industry celebrities include Gavin Wood, co-founder of Ethereum and Polkadot, and Derek Yoo, founder of Moonbeam.
The platform is preparing for full launch in 2024 and is expected to bring more innovation to artificial intelligence and blockchain integration.





