Chainbase has raised US$15 million in Series A funding backed by Tencent and Matrix Partners to drive transparency in on-chain data networks.
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Chainbase has raised US$15 million in Series A funding backed by Tencent and Matrix Partners to drive transparency in on-chain data networks.
Chainbase has successfully raised US$15 million in a Series A funding round to drive innovation in on-chain data networks. Prominent investors such as Tencent and Matrix Partners participated in the funding, strongly supporting Chainbase's mission.
Chris Feng, co-founder and COO of Chainbase, thanked investors for their support and said that this is a turning point for the company. In an interview with BeInCrypto, Feng said that investors saw great potential in Chainbase's design and community building work. great potential and stressed that this was a deciding factor in their investment decision.
Chainbase aims to become an open and transparent data layer in the age of artificial intelligence, addressing issues of transparency and fairness that are hindered by the centralized control of data by a few dominant companies. This centralization limits unbiased access to data and incentives for human feedback, which is critical to the development of artificial intelligence. Chainbase's Omni-Chain data network makes #blockchain data available to everyone through a unified, universal and open solution. Open solution.
Gn Feng emphasized the importance of accurate and fresh data for developers and projects. This is in line with the current risks associated with artificial intelligence, especially generative #AI . A recent McKinsey report highlighted data inaccuracy as a significant risk for organizations using generative AI, so Chainbase's ability to provide high-quality, real-time data is important for projects. projects is very important.
The platform is designed to engage millions of developers and retail users by creating a standardized, interactive interface for blockchain data.
Despite its potential, Mr.
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