Sanctor Capital · 38

Corporate loyalty platform Superlogic completed $13.7 million Series A financing, with blockchain fund Galaxy Interactive and others participating

In comparison, corporate loyalty platform Superlogic announced the completion of $13.7 million Series A financing, led by Powerledger, Sangha Capital, 10SQ, Nima Capital, Actai Unicorn Fund, Hyla Liquid Venture Fund, and Liquid 2 Ventures, as well as blockchain funds Galaxy Interactive, Recharge Capital, Dispersion Capital, Sanctor Capital and others participated. Superlogic previously said it would use digital assets to reach customers. Although NFTs have not been mentioned yet, its CEO and co-founder Lin Dai has revealed that it may explore incentives such as issuing “digital badges.”

561d agoLuxurytracy#Galaxy Interactive #Superlogic #financing
In-depth interpretation: How Aethir promotes the rapid development of AI+Crypto

In-depth interpretation: How Aethir promotes the rapid development of AI+Crypto

Original title: “Understanding Aethir: A Comprehensive Overview” Original Author: Whynonah Messari Compiler: How to Key Insights Aethir has collaborated with EigenLayer, ai16z, Injective, Near, LayerZero, Beam, Filecoin, Metastreet, Manta Network, Companies such as Sophon, Magic Eden, Animoca, and Return Entertainment have partnered. Aethir's network includes approximately 400,000 GPUs (containers) distributed across 93 locations, providing over 11 million tensor cores, and serving approximately 191.6 million users. In December, Aethir generated approximately $7.6 million in revenue, achieving an annual recurring revenue (ARR) of approximately $90.68 million, and a total calculation time of approximately 266.1.9 million hours. The core technology incorporates a virtual compute container, quality verification checker, and resource allocation indexer to support 15-minute compute sessions and provide real-time dynamic pricing. As of December 31, 2024, the newly launched $100 million ecosystem fund has supported 20 AI-related projects (such as HeyaNon, ARC, TopHat, etc.), providing grants, subsidies, and access to decentralized GPU resources through four batches. In total, around 6428.3 million VEath have been pledged, of which about 4121.2 million are in the AI pool and about 230.71 million are in the game pool. In 2024, the AI market is valued at around $184 billion, and is expected to reach approximately $826 billion by 2030, while the gaming industry is expected to reach approximately $268 billion by 2025. Both industries increasingly rely on GPU-intensive applications, driving the demand for high-performance computing. However, the high cost of GPUs (often over $30,000 per unit) has created an “AI wealth gap,” and large, well-funded companies dominate access to this infrastructure, making it difficult for small businesses to compete — which limits innovation and limits participation in the AI and gaming markets. Aethir addresses these challenges through its decentralized cloud computing network, aggregating idle and underutilized GPUs into a globally shared compute pool. Aethir provides a flexible service model that allows users to access enterprise-grade GPU resources as needed through: (i) infrastructure as a service (IaaS), a pay-per-use model that provides virtualized GPU instances with services and tools for developing, testing, and deploying GPU-accelerated applications, delivered through Aethir Atmosphere; (ii) bare metal solutions for users who want full control over their training models on dedicated infrastructure, through Courtesy of Aethir Earth. This decentralized approach reduces costs, improves accessibility, and promotes the spread of advanced computing capabilities. Background Established in 2021, Aethir is a decentralized enterprise-grade cloud computing network that provides scalable globally distributed GPU resources for AI, gaming, and Web3 infrastructure. It provides enterprises with AI chips (such as NVIDIA H100 and NVIDIA H200) through a decentralized architecture, making performance calculations more flexible and cost-effective. Aethir's team includes Co-founder and Chief Strategy Officer Mark Rydon, who has served at NOTA Platform, Flux Capital, and Bechtel Corporation; Daniel Wang, co-founder and CEO who was the CIO of YGG E 2, Head of International Publishing at Riot Games, and Head of Operations for Riot Games China; and Kyle, Chief Technology Officer Okamoto, formerly Ericsson's IoT and Edge...

578d agoWendy#Aethir #ai16z #AI topics #Animoca #Beam #eigenLayer #Filecoin #Injective #LayerZero #Magic Eden #Manta Network #MetaStreet #NEAR #SOPHON #pledge

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.

759d agoWendy#AI #Animoca Venture #DFG #Gate.io Venture #Hypersphere #Incuba Alpha #IOSG Ventures #Jsquare #LD Capital #Outlier Venture #Paka #Redpill #Sanctor Capital #TKX Capital
Bitcoin is trading sideways, and the copycat is basically completely cool. Will AI computing power be used for mining next?

Bitcoin is trading sideways, and the copycat is basically completely cool. Will AI computing power be used for mining next?

Author: inpower Wang Jun In today's tech world, apart from our encryption, the most imaginative is AI. AI and cryptography can now be described as Wolong and Phoenix, and if you can mix well in any of these industries, you can reach the peak of your life. Of course, there are also people who can mix well in both industries. For example, Sam Altman, which we mentioned earlier, can be said to have broken through the AI industry through ChatGPT under OpenAI, and also issued an air coin, WLD, which is now also the leading token on the crypto circuit. Today, it is beyond Lafite's reach. 1. What is the AI+Depin circuit? Are there any good projects like Sam Altman to step on two major tracks? Actually, there is, and it seems to be more straightforward than Ultraman's logic. That is to use the Web3 method to build AI infrastructure. Since big models became popular, demand for AI infrastructure has actually been very strong. AI infrastructure requires strong computing power support. McKinsey did a calculation. As early as January 2023, OpenAI used probably the same amount of electricity as 175,000 Danish households in just one month. Compared to Bitcoin mining, this AI infrastructure consumes a lot of electricity. Apart from the electricity consumption, the computing power chip GPUs are also extremely expensive. The h100 and a100 are hundreds of thousands or millions of yuan. These are all toys for enterprise-level players, and various centralized computing power computer rooms have been set up by Duangduang. With such a high threshold, when it comes to our Web3, retail investors must be able to vote too! Drop me the threshold for AI technology facilities! AI's computing power must be a decentralized computing power base, and AI's data storage must be my decentralized storage! The bandwidth used by AI must be my distributed bandwidth. As a result, many AI+ Depin racetrack projects have sprung up this year. We are very familiar with this AI. The English word is Artificial Intelligent; translated into Chinese, it means artificial intelligence. Depin's English is Decentralized Physical Infrastructure Networks. Translated into Chinese, it is distributed physical infrastructure. If this story is realized, all the computers/mobile phones and other devices around you can become part of the distributed physical infrastructure and become working dogs to help you make money. Precisely because of the strong demand for AI, many Depin projects this year are serving AI. DePin's core elements include three points: Decentralization (decentralization): The first is decentralization. This is the biggest difference from traditional cloud vendors. In the past, much of AI's computing power and storage resources were served by the cloud computing power of large companies such as Amazon/Microsoft. Our encryption revolution mainly revolutionized the lives of these large companies. The ideal outcome is, of course, a device that unites ordinary people like us, so that the flames of the stars can ignite. However, the final situation may be that, like Bitcoin mining, AI's computing power and storage requirements are published in an open and unified manner, and anyone with computing power and storage resources can access it. Physical infrastructure: These services cannot be provided by manpower or air. Instead, they require hardware of different types and sizes, such as various IoT, 5G information towers, various servers, or mobile phones. Token economy: A network where the economy motivates communities to contribute and build together. Having achieved the above three points, it is a Depin project. In fact, the Bitcoin mining we are familiar with is the most successful Depin. Look at him: decentralized computing power, physical infrastructure such as mining machines, and Bitcoin as an incentive for the token economy. 2. Is this concept unreliable? Some viewers may ask, is the current demand for computing power in AI computing also all requiring professional equipment, civilian devices, mobile phones, computers, etc. that are close to ordinary people, and is it impossible to use them? The demand for computing power of other AI can also be broadly divided into 3 types: one is the one that trains large models, and the performance freak products provided by Nvidia; the second type is the one that trains large models, which require the highest level of performance; the second type is a small model deployed on the edge and then interacts with the user's questions to run the model results, commonly known as reasoning. Currently, Nvidia, Huawei, and 2-3 domestic startups can provide it; the third type is a small hanging model deployed on the edge. The running results require a lower level of computing power, about a dozen TT That's fine. The first type requires investment in professional equipment. Even if the Depin project is completed, it is likely to be the same as the current Bitcoin mine...

827d agody zhang#AI #DePin #OpenAI #SOL #Bitcoin

AI metaverse game AVALON closes $10 million financing

According to the official news, AI metaverse game AVALON has raised $10 million, led by BITKRAFT Ventures and HASHED, Coinbase Ventures, Foresight Ventures, Delphi Digital, Spirit DAO, Sanctor Capital, DEXT Force Ventures, Follow the Seed, LVT Capital, Andromeda Capital, FocusLabs, LiquidX, and Momentum6 participated. The Avalon universe prioritizes providing an immersive gaming experience by combining cutting-edge technology such as Unreal Engine 5 with AI-assisted user-generated content systems. The team focused on no-code solutions that made it easy for players to create game logic.

859d agoyijunzhong007@outlook.com#Avalon #financing

Crypto video game developer Studio 369 raised $5 million, Delphi Digital and others participated

According to the news, Studio 369, the “MetalCore” crypto video game developer, announced the completion of a $5 million funding round, with Delphi Digital, Bitkraft Ventures, and Sanctor Capital participating in this round. Studio 369 will use the newly raised capital for continued development and upcoming features, such as using artificial intelligence to generate unique tasks, goals, and tasks. The game previously announced it had raised $15 million through private token sales two years ago. MetalCore is currently in closed beta, and Studio 369 plans to release a public beta version of “MetalCore” by the end of this year.

893d agoWendy#Bitkraft Ventures #Delphi Digital #Studio 369
The AI narrative continues to heat up, what other unissued projects are worth watching?

The AI narrative continues to heat up, what other unissued projects are worth watching?

This article will focus on projects in this field that have not yet issued coins to find early alphas. AI has become the mainline of today's tech world, and the integration of AI and cryptocurrency has become the focus of capital pursuit. Autonolas (token Olas), an AI-based prophet, has increased 559.3% in the past month, and Tau (token AGRS), a public chain focused on AI and has its own logical programming language, has seen an astonishing increase of 2560.0% in the past month. These numbers not only represent a boom in the market, but also reflect potential opportunities at the intersection of AI and cryptocurrency. Perhaps this sector will become a new gold mining mecca for investors. This article will focus on projects in this field that have not yet issued coins to find early alphas. 1. io.net: Provides decentralized GPU computing power based on Solana io.net is a decentralized computing network that supports the development, execution, and expansion of ML (machine learning) applications on the Solana blockchain, using the world's largest GPU cluster to allow machine learning engineers to access distributed cloud service computing power at a fraction of the cost of centralized services. Existing centralized cloud computing power services have the following problems for engineers: availability is limited, and popular GPU models are generally unusable. Choosing too few good GPUs in terms of GPU hardware, location, security level, latency, etc. is very expensive, and projects can easily spend hundreds of thousands of dollars a month for training and reasoning. io.net solves this problem by aggregating GPUs from underutilized resources (such as independent data centers, crypto miners, and cryptographic projects such as Filecoin and Render). These resources are combined in a decentralized physical infrastructure network (DePin), enabling engineers to access more GPU computing power and pay less. io.net uses three products to enable users and computing power providers to participate in this process and improve the user's product experience: IO Cloud is a page for deploying and managing decentralized GPU clusters, where users can access a central hub for various functions, such as deploying clusters, browsing the GPU Marketplace, and quickly monitoring operations and getting started. IO Cloud is also where users run AI/ML applications. It seamlessly integrates with IO-SDK to provide a comprehensive solution for scaling AI and Python applications. IO Worker provides users with real-time insight into their calculations, provides an operational and aerial view of devices connected to the network, enabling them to monitor these devices and perform quick actions such as deleting and renaming devices. Additionally, IO Workers can monitor computational activity, real-time data display, temperature and power tracking, installation assistance, wallet management, security measures, and profit calculation functions. IO Explorer provides a window to understand the internal operations of the network, providing users with comprehensive statistics and a bird's-eye view of all aspects of the GPU cloud, such as complete visibility of network activity, important statistics, data points, and reward transactions. Token Economy IO is the native token and protocol token of the io.net network. The main utility of the token is twofold: IO will be the main payment method in the io.net ecosystem, such as paying for GPU deployment. And every model deployed on io.net must perform a tiny IO transaction to make inferences. IO tokens are used to reward GPU contributors. The network's goal at launch was to distribute 500,000 units per month, using a two-year halving plan, with a maximum supply of 22,300,000 IOs. The IO token is expected to be launched in the first quarter of 2024. 2. BP-FLAC: AI-oriented public chain BP-FLAC is an abbreviation for “blockchain-driven federated learning artificial intelligence”, a generative AI infrastructure public chain. The project aims to aggregate and distribute GPU node computing power through blockchain technology for AI training. To protect data from different computing power contributors (miners), BP-FLAC uses the zk-SNARK algorithm to solve data privacy issues in AI training and provide token rewards to users who provide computing power support. The BP-FLAC network consists of public chains and private...

989d agody zhang#AI #AI technology #GPU #Solana #WEB3 #Arithmetic power

Decentralized GPU Infrastructure Aethir Announces Test Online

Comparing news, the decentralized GPU infrastructure AETHIR posted an article on the X platform stating that the testnet has already been launched. The Aethir testnet is based on the Arbitrum network. Developers can create cloud ports on test networks, and AI companies can promote human interaction with artificial intelligence through localized computing capabilities. Previously, Aethir completed the Pre-A round of financing, totaling more than US$9 million, and the company's valuation reached US$150 million. The funding round was led by institutions such as Sanctor Capital, Hashkey, Merit Circle, and CitizenX. Additionally, Aethir has joined Nvidia's “NVIDIA Inception” program, which aims to combine Nvidia's deep learning technology to provide innovative Web3 cloud services to enterprise customers, while receiving support from venture capitalists under the program.

1019d agoBTC2025NB#Aethir

Metaverse infrastructure developer Hadean has completed a new round of financing. Yuga Labs invests, and the amount of financing has not yet been disclosed

Comparing news, metaverse infrastructure developer Hadean has completed a new round of financing. Yuga Labs has invested, and the amount of financing has not yet been disclosed. Yuga Labs said Hadean provided key technology for Yuga's platform, optimized for high-fidelity virtual experiences, and brought creators and players together on a large scale. Hadean announced a $5 million funding round in March this year, with Ericsson Ventures, Metrea Discovery, VU Venture Partners, Sanctor Capital, and Tirta Ventures participating.

1048d agoBTC2025NB#Hadean #Yuga Labs

Yuga Labs makes strategic investment in spatial computing company Hadean

According to a press release, Yuga Labs today announced a new strategic investment in spatial computing company Hadean. The exact amount has not yet been announced. The new funding will be used to support Hadean to establish a team in the US to assist Yuga Labs in implementing its technology stack to address the challenges of large-scale concurrency. According to previous information, Hadean successfully completed a $5 million round of financing in March of this year, with investors including Ericsson Ventures, Metrea Discovery, VU Venture Partners, Sanctor Capital, and Tirta Ventures.

1051d agokatielin#Ericsson Ventures #Hadean #Metrea Discovery #Sanctor Capital #Tirta Ventures #VU Venture Partners #Yuga Labs #stacks #concurrent #A strategic investment #technology