DIN Secures Another $4M, Brings Total Funding to $8M

DIN, the first modular AI-native data pre-processing layer, announced on 20 August that is has successfully concluded a $4 million pre-listing round, elevating its total funding to $8 million.

We are thrilled to announce that we’ve raised $4M in the latest pre-listing round, bringing our total funding to $8M!

DIN, the First Modular AI-Native Data Pre-Processing Layer, is building a Data Intelligence Network to empower everyone to process data for AI and get paid.
🧵 pic.twitter.com/wc4bwFZlUH

— DIN⏳ (Previously Web3Go) (@din_lol_) August 20, 2024

This round attracted new investors such as Manta Network, Moonbeam Network, Ankr, Maxx Capital, and several community and key opinion leader (KOL) investors.

Capitalising on this momentum, DIN launched the Chipper Node Sale on 13 August, marking a significant step in its mission to transform the decentralised AI data economy.

Last July, DIN raised $4 million in a seed round led by Binance Labs, with additional backing from HashKey Capital, NGC Ventures, Shima Capital, IVC, LIF, Big Brain Holdings, and Archerman Capital.

We’d like to extend our gratitude to all our investors for supporting DIN’s value proposition: to build a data intelligence network founded on the synergy between people, data, and AI.@BinanceLabs @HashKey_Capital@NGC_Ventures@shimacapital@ivcryptofund
@LingfengCapital… pic.twitter.com/4gDQ48wTtu

— DIN⏳ (Previously Web3Go) (@din_lol_) August 20, 2024

DIN expressed:

“This funding will accelerate the development of DIN, the first modular AI-native data pre-processing layer. We will redefine the AI data ecosystem in crypto. With the financial support and collaborative efforts of our partners, we believe we can unlock even greater potential at the intersection of AI and crypto.”

DIN is advancing its mission to democratise AI data processing and reward users by leveraging its robust financial backing to create new avenues for community engagement.

Following a successful fundraising round, DIN is now expanding its ecosystem with the Chipper Node sale, offering early access and encouraging global participation in the AI data economy.

In July, DIN outlined its future plans on X, including updates like the xData New Version, Node Sale, Node Mining, Airdrop Claim, and Token Event Generation (TGE), signalling a commitment to continuous innovation and growth.

Make a DIN Summer 🔔

Next xxxx ⏳

❤️ xData New Version
💎 Node Sale
⚒️ Node Mining
🪂 Airdrop Claim
🪙 TGE

Open your notification bell on top of our X page to stay updated! 👀 pic.twitter.com/OdnKpdTCH1

— DIN⏳ (Previously Web3Go) (@din_lol_) July 1, 2024

What're Chipper Nodes?

Data is the lifeblood of AI development, yet it is often controlled by tech giants in both Web2 and Web3.

DIN aims to democratise AI data processing by involving everyone, ensuring that data ownership remains with the users and rewarding them for their contributions.

Within the DIN ecosystem, Data Collectors, Validators, and Vectorisers collaborate to manage AI data.

Collectors gather and label raw data, which is then processed by Validators and Vectorisers to ensure quality and usability, thereby maintaining a steady supply of high-quality data for AI model training and trading.

xData, launched in early April 2024 on opBNB, serves as the AI data node infrastructure on DIN and attracts users who collect and label raw data for AI, earning rewards in the process.

Currently, xData boasts over three million total users and over 500,000 daily active users on opBNB and Mantle.

🚨 DINNNNNN Huge News🔔#xData now has over 3 Million total users and more than 500k Daily Active Users since we launched #Chipper Node Sale! This success is thanks to our community’s support!

🎁 Let’s celebrate our achievement with a ✨$300 USDT #Giveaway for 10 lucky winners!… pic.twitter.com/hrtWicKreR

— DIN⏳ (Previously Web3Go) (@din_lol_) August 17, 2024

As the volume of collected data grows, the need for advanced processing becomes evident, highlighting the importance of the Chipper Node launch.

⏳ DIN Chipper Node Pre-Sale Is Live!

Eligible Chip NFT holders and DIN community contributors, claim your free Tier 1 Chipper Node!

Key Info:
🔸 Where to go: https://t.co/uUuZadzmRu
🔸 How to claim: https://t.co/eHRfjN03wx
🔸 Claim Period: August 13 - 29, 2024

Don’t miss… pic.twitter.com/qyUQWQETqR

— DIN⏳ (Previously Web3Go) (@din_lol_) August 13, 2024

DIN's Chipper Nodes are pivotal in the ecosystem, facilitating efficient data validation and vectorisation for AI models.

They harness edge computing for rapid, localised processing and support multilingual text analysis using small language models trained with fastText.

Chipper Nodes also provide the necessary computational power to convert rewards earned through xData into airdrop points, forming the basis for DIN token distribution.

🏆 Chipper Nodes Rewards

- Early owners can start node running sooner and start mining more $xDIN rewards.

- 25% of $DIN token supply reserved for Chipper Nodes, with 50% unlocking in the first year.

- Additional $DIN token airdrop before TGE: 100% unlocked at TGE for $xDIN…

— DIN⏳ (Previously Web3Go) (@din_lol_) August 2, 2024

This creates a sustainable, incentivised environment that fosters ongoing participation and contribution.

DIN's nodes are organised into 10 tiers, with a total of 131,600 nodes available.

⏳ Reminder from DINro

Key Information about✨Chipper Node Sale✨
1️⃣ 10 tiers of Chipper Nodes, totaling 131,600 nodes.
2️⃣ Tier 1 nodes are free for active Chip NFT holders and community contributors to claim.
3️⃣ Tier 2 nodes can be purchased by whitelisted users.
4️⃣ Purchase… pic.twitter.com/o7TcAf7mDP

— DIN⏳ (Previously Web3Go) (@din_lol_) August 9, 2024

Starting 13 August, Tier 1 Chipper Nodes were made available for free claim by active users and community contributors.

From 20 August, users globally can purchase nodes to join the DIN ecosystem and contribute to AI data pre-processing.

⏳ DIN Chipper Node Whitelist Round is Live!https://t.co/uUuZadzmRu

📅 Aug 20-22: Only users with a✨whitelist invite link✨can buy Tier 2 Chipper Nodes!

Where can you find whitelist invite links?

🔶 Our Community
TG https://t.co/DZteWASD0h
DC https://t.co/s2WaxqYyrW

🔶… pic.twitter.com/6RDWhbxUDZ

— DIN⏳ (Previously Web3Go) (@din_lol_) August 20, 2024

Owning and operating a DIN Chipper Node offers significant benefits, including early access to rewards, a substantial share of DIN tokens, and exclusive airdrop opportunities.

The Chipper node sale will be conducted in phases as outlined below.

🚨 DIN Chipper Nodes Sale Begins Soon!

📅 Mark your calendars
🔷 Pre-Sale Round Launch: 8/13/2024, 08:00 UTC
🔷 Whitelist Sale Round Launch: 8/20/2024, 08:00 UTC
🔷 Public Sale Round Launch: 8/22/2024, 08:00 UTC

Read more ⏳ https://t.co/ugIJh66IXH

— DIN⏳ (Previously Web3Go) (@din_lol_) August 2, 2024

DIN also listed down in detail the process.

What is DIN?

DIN, the first modular AI-native data pre-processing layer, was developed to democratise the power of data for AI, enabling users to generate a variety of AI-native digital assets such as transaction information streams, trading strategies, and social intelligent assistants.

By leveraging blockchain technology to verify asset ownership, DIN provides a fair, self-custody, and trustless ecosystem for creators.

As part of its mission, DIN has introduced xData, the innovative AI data node infrastructure, on opBNB.

As previously mentioned, within just three months of its launch, xData has achieved significant milestones, integrating with OKX Wallet and Mantle Network, initiating multi-chain deployment, and attracting over three million users, with more than 500,000 daily active users.

This rapid growth demonstrates the platform's appeal and utility, with multiple ecosystems and projects now utilising xData to enhance their AI capabilities and drive social media growth.

DIN's Journey

On 21 May, DIN underwent a significant transformation, evolving from its former identity as Web3Go to emerge as a pioneer in the AI data realm.

This transition from a blockchain data startup to an AI data innovator represents a pivotal moment in the company's history.

The new name, DIN, an acronym for Data Intelligence Network, encapsulates the company's core mission and strategic direction since 2023.

The rebranding to DIN is not merely a change in name but a reaffirmation of the company's dedication to the sustained development of the AI data sector.

Why DIN?

The new name "DIN" was chosen derived from the term Data Intelligence Network.

The term "DIN" has been used in various contexts and is familiar to the crypto space and our community. The name also symbolizes the goal to make a significant impact in the AI data space.… pic.twitter.com/M0Q4MwZ3jj

— DIN⏳ (Previously Web3Go) (@din_lol_) May 21, 2024

With a comprehensive future roadmap, DIN is committed to expanding its partnerships and collaborations in the AI data field, supporting additional ecosystems and blockchains, and continually enhancing its node infrastructure.

These initiatives are designed to advance the company's mission and ensure ongoing growth and innovation within the AI data space.

Go DIN! xData is Your First Stop

DIN advocates for decentralized AI. We are inviting all builders and partners to join our ecosystem and contribute to the AI revolution.

The DIN AI Data Collection Node Infrastructure #xData is currently open for contributions, offering the…

— DIN⏳ (Previously Web3Go) (@din_lol_) May 21, 2024

Hao Ding, Founder & CEO

Hao Ding, the founder of Web3Go and former Vice President of Litantry, is a seasoned SAP Consultant with extensive experience in the information technology and services industry.

A graduate of Wuhan University, Hao is proficient in SAP Fiori and UI5, with a track record of working across diverse cultures in India, China, and Germany.

His expertise extends beyond technical skills to include marketing and product management, further solidifying his versatility in the field.

Additionally, he holds a PMP certification, underscoring his commitment to professional excellence.

His socials: X and LinkedIn

DIN's Socials

Website

X

Telegram

Discord

YouTube

LinkedIn

DIN Sets Out to Embrace New Era of AI & Data Revolution

DIN is dedicated to redefining the AI data space through a combination of innovation, collaboration, and inclusivity.

Its goal is to create a more transparent, efficient, and inclusive ecosystem for AI data.

Coinlive believes that DIN is on the right path to setting a new standard for both the AI and crypto industries.

With its commitment to disrupting the status quo and pushing the boundaries of what is possible in the AI data realm, DIN is poised to become a significant force in the tech world.

The company envisions a future where AI agents will fundamentally transform the way users access information and interact with blockchain technology.

So, in the words of DIN:

“So, are you ready to embrace the new era of the artificial intelligence and data revolution?”