According to BlockBeats, on July 22, data from the AiPTP on-chain IDO address revealed that the AI Layer 2 project AiPTP (ATMT) has exceeded its fundraising target by 1500 SOL. The official Twitter account of AiPTP announced that all excess funds will be refunded to contributors.

AiPTP is a cross-chain AI platform focused on developing AI layers for Bitcoin and Ethereum. Initially, AiPTP will serve as a launchpad for ETH/Base and Solana. Once sufficient project ecosystem construction is completed, the AI layer testnet will be opened, and a series of testnet incentive activities will be launched.

In its early stages, ATMT will function as the governance token for AiPTP, allowing holders to participate in governance, pad participation, and staking. Upon the mainnet launch, ATMT will serve as both the gas token and governance token for the Layer AI.