AINN Layer2 secures funding from Satoshi Lab and Waterdrip
JERSEY CITY, NJ, March 21, 2024 (GLOBE NEWSWIRE) — AINN Layer2, the first decentralized Bitcoin Layer2 network project supporting large-scale AI applications, has secured strategic investments from several prominent institutions and individuals in the BTC ecosystem. It was announced that it had been done. Waterdrip Capital, Satoshi Lab, Foundinals Lab, Monday Capital, AlNN Labs, Bitrise Capital, Genblock Capital, Cipholio Ventures, a fund of trading platforms AscendEx and Bitmart, as well as renowned KOLs and partners from leading institutions in the BTC ecosystem participated in this investment. round.
The team said that after completing this funding round, it will accelerate AINNLayer2’s technology iterations and upgrades and support its global operations and ecosystem development.
- Strong support from AINN community and market
AINN Layer2 is an ecosystem project of AINN, a leading AI startup listed on mainstream exchanges such as Bitget, Gate.io, and Bitmart, and is also one of the first startups supported by Binance web3 wallet. AINN has a strong community and ecosystem that is currently co-building over 100 ecosystem projects. As the BTC Layer2 infrastructure, AINNLayer2 will fully integrate and empower all AINN ecosystem projects, driving the overall development of the ecosystem. Currently, the AINN community has expanded to five continents and has localized community members in regions such as France, Indonesia, Korea, and Japan, with the goal of promoting deeper integration of web3 and AI.
- Technological innovation and innovation
AINNLayer2 is a Bitcoin Layer2 network with high performance, cross-chain support for all assets, and modular AI subnets. In terms of technological innovation, AINNLayer2 builds multiple AI subnets on top of the EVM, creating a solid foundation for connecting AI models, data, and algorithms.
- team background
The AINNLayer2 team consists of seasoned technology experts and entrepreneurs in the AI and web3 fields, as well as members of Ivy League blockchain organizations. They have years of entrepreneurial experience and industry background and are committed to promoting the adoption and development of decentralized artificial intelligence and contributing to building a more intelligent and open networked world.
- Ecosystem construction and project development progress
In terms of ecosystem building, more than 100 ecosystem applications and developers have now joined AINNLayer2. After the AINNLayer2 mainnet is launched, we will officially launch the product and launch the AI Odyssey event.
The AINNLayer2 testnet is now live, enabling seamless integration of tBTC, AINN, SATS, and other BRC20 assets into the AINNLayer2 network. It also integrates block explorer and official bridging tools. The mainnet is scheduled to launch on Easter Sunday, March 31st, when staking activity for BTC, BRC20 assets and other types of assets will begin. More innovative features will be revealed with the mainnet launch.
In particular, the AINNLayer2 token airdrop event is underway, and more than 100,000 participants have already participated.
- Future prospects and promises
AINNLayer2 will continue to present the “Inscription Easter” event. This event aims to encourage users to stake various inscriptions on AINNLayer2 and receive airdrop rewards. The participation process involves starting a poll on Twitter, and any Inscription community that receives 10 or more upvotes can participate. After mainnet launch, these eligible inscriptions can be staked on mainnet to receive generous rewards. This event is also an industry-wide event, with signatures from EVM, Solana, and other ecosystems with their staking platforms. In addition, after the mainnet launch, unlike the existing financial odyssey, an ‘AI Odyssey’ event will be introduced where users can interact with a series of web3+AI products such as AI-generated text, images, and videos. In terms of offline events, AINNLayer2 will also participate in major events such as Hong Kong Web3.0 Spring Summit, BTC L2 Summit, and Dubai Token2049.
Introduction to AINNLayer2
AINN Layer2 aims to continue building the infrastructure for decentralized AI and support the development of decentralized AI applications. In the future, thousands of AI applications will be deployed on AINNLayer2 and billions of users will leverage AI products on AINNLayer2, jointly creating an ecosystem blueprint for web3+AI. https://twitter.com/AINNLayer2
Source: AINN Layer2
