OpenLayer, a Web3 startup founded by former Robinhood employees, has successfully raised $5 million in a seed round. The funding was led by a16z Crypto Startup Accelerator, with participation from Geometry, IOSG Ventures, Spartan Group, and LongHash Ventures, alongside undisclosed angel investors. OpenLayer aims to decentralize data access by allowing users to earn points through data contribution and validation via a Chrome extension. This data can then be utilized by app developers for AI model training and user targeting, contingent on user consent. The initiative addresses the current AI industry's data access challenges.