CoinVoice recently learned that the decentralized AI infrastructure Swan Chain has completed a $3 million seed round of financing, led by Binance Labs and SNZ. Outlier Ventures, Protocol Labs, Waterdrip Capital, FBG Capital, Chainlink Labs, Gate.io, Betterverse DAO, Chain Capital, Cabin.vc, LD, CSPDAO, W3coins, Criterion, KONDR DAO and others participated in the investment.
The round closed in January 2023, with the funds used to expand the Swan Chain team and further expand its resources to develop AI blockchain infrastructure.
According to the Web3 asset data platform RootData, SwanChain (formerly known as FilSwan), launched in 2021, is a decentralized infrastructure designed to accelerate AI applications. Using OP Stack's Ethereum Layer 2 technology, SwanChain combines Web3 with AI to provide a comprehensive solution covering storage, computing, bandwidth, and payment. [Original link]
