GenLayer Secures $7.5M Seed Funding to Develop AI-Powered Intelligent Blockchain
- GenLayer raises $7.5 million in seed funding led by North Island Ventures.
- Funds to support the development of the first AI-driven Intelligent Blockchain.
- Testnet launch expected by the end of 2024, showcasing advanced smart contracts.
GenLayer’s Intelligent Blockchain could revolutionize smart contracts by integrating AI, enabling decentralized, complex decision-making processes based on vast internet data.
The successful funding round highlights growing investor confidence in the convergence of AI and blockchain, setting the stage for potentially transformative advancements in the crypto space.
