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Sapien raises $10.5M in a Seed funding round #Sapien secures $10.5M in a Seed funding round led by Variant, with participation from Primitive Ventures, Animoca Brands, Yield Guild Games and HF0. The funding round brings Sapien's total funding to $15.5M. Sapien utilizes blockchain rewards to gamify data labeling, a vital step in improving AI language models like #ChatGPT . Data labeling involves tagging text, images, and other file types with labels, enabling machine learning models to understand and learn from the data. 👉 coindesk.com/business/2024/10/30/ai-data-collection-startup-sapien-raises-105m-seed-funding-led-by-variant/
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MagmaDAO raises $3.6M in a Seed funding round #MagmaDAO secures $3.6M in a Seed funding round from Bloccelerate, Animoca Brands, CMS Holdings, Maelstrom, Builder Capital, Wise3 Ventures and others. Moreover, Magma will partner with Ether.fi to develop the first Restaking integration on #Monad . MagmaDAO is a DAO-owned liquid staking protocol built on the Monad blockchain that provides fair token distribution through its Points Programs. 👉 cointelegraph.com/press-releases/magma-to-build-out-liquid-staking-on-monad-and-restaking-with-etherfi-following-39m-seed-fundraise
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Nillion raises $25M in a funding round #Nillion secures $25M in a funding round led by Hack VC, with participation from HashKey Capital, Maelstrom, Animoca Brands, Chapter One, Big Brain Holdings, Manifold, GSR and Presto. Nillion is a decentralized network that offers secure storage and computation services. It utilizes Nil Message Compute technology, enabling decentralized nodes to process information without requiring inter-node messaging. 👉 x.com/nillionnetwork/status/1851615323163689421
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OKX Ventures announces a partnership with The Open Platform and Folius Ventures #OKXVentures partners with #TheOpenPlatform and #FoliusVentures to launch a $10M Telegram Growth Hub. The hub aims to drive innovation within the #TON blockchain and expand #Telegram 's mini-app ecosystem. Telegram Growth Hub will fund and support projects that enhance user engagement on TON. Through this initiative will be selected up to 10 promising projects for a two-month acceleration program. 👉 okx.com/learn/okx-telegram-growth-hub
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