Odaily Planet Daily News: Cryptocurrency artificial intelligence startup Fraction AI has completed a $6 million Pre-Seed round of financing, led by Spartan Group and Symbolic Capital, with participation from Borderless Capital, Anagram, Foresight Ventures, and Karatage. Fraction AI's founder and CEO Shashank Yadav stated that angel investors, including Sandeep Nailwal from Polygon and Illia Polosukhin from NEAR Protocol, also participated in this round of financing and became 'close advisors' to the project. Yadav mentioned that Fraction AI is primarily built on Ethereum and is currently operating on a closed test network with over 60,000 users. The public test network is expected to launch next month, with the mainnet planned to go live at the end of Q1 or early Q2 of 2025. Additionally, the FRAC token will also be launched concurrently with the mainnet. Fraction AI is currently primarily built on Ethereum but plans to launch on NEAR and multiple Ethereum L2 networks. The project currently has 8 employees and plans to keep the team lean in the near future. (The Block)