On August 27th, Swarm Network announced it secured 13 million USD in funding to further its decentralized AI verification technologies. This funding features a 10 million USD public sale of proxy licenses on the Sui network and an additional 3 million USD through investments from Sui, Ghaf Capital, Brinc, Y2Z, and Zerostage.
The Swarm Network protocol aims to transform off-chain data into verifiable on-chain information by utilizing AI and zero-knowledge proofs. This initiative is designed to enhance integrity and transparency in data verification.
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