According to TechFlow, on December 19, the decentralized AI training platform FLock announced the completion of a strategic round of financing of US$3 million, with a total financing of US$11 million. This round of financing was led by Grayscale's parent company Digital Currency Group DCG, followed by Lightspeed Faction, and other strategic partners including Animoca Brands, Fenbushi Capital, GnosisVC, GSR Ventures, OKCoinJapan, Bas1s Ventures and A41.
This round of financing marks an important milestone for FLock in its journey to democratize AI model development, helping it to enter a new stage of development and continue to build the world's first decentralized AI training platform.
FLock leverages blockchain technology to innovate the traditional centralized systems of AI, addressing issues such as lack of transparency, weak data privacy, and unfair compensation for contributors. Through a decentralized collaboration model, data always remains local and does not need to be uploaded to third parties, allowing contributors to fairly share the benefits derived from data, computational power, and feedback, giving everyone the opportunity to participate in AI development. With the support of strategic partners, FLock is leading the future of decentralized AI, committed to realizing the vision of 'Your Model, Your AI', creating a new era where everyone can build, own, and control AI models.