PANews reported on December 27 that the decentralized AI platform Nodepay announced it has completed its second round of financing, raising a total of $7 million. The latest round of investors includes IDG Capital, Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Etherscan founder Matthew Tan, and CoinHako co-founder and CEO Yusho Liu. Previous investors in Nodepay's financing include Animoca Brands, Mirana, OKX Ventures, JUMP Crypto, and Tokenbay Capital.
According to reports, Nodepay is a decentralized AI platform dedicated to democratizing AI training through real-time data retrieval. By converting idle internet bandwidth into resources, Nodepay powers the next generation of AI models.