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AI companion platform secures $3.9 million in funding to promote on-chain AI asset financialization.
AI Companion Platform Secures $3.9 Million in Funding, Committed to Innovating AI Experience
A US-based artificial intelligence company recently completed a $3.9 million funding round to develop its revenue-generating AI companion platform. This round of financing was participated in by several investment institutions, including some well-known investors in the cryptocurrency and blockchain sectors.
The funds will primarily be used to expand the team, particularly by increasing talent reserves in AI and protocol development, while also seeking new partnerships.
The two co-founders of the company met at Stanford University and began collaborating in August 2023. They each have backgrounds in AI funds and facial generation technology. The main goal of the company is to develop a new type of protocol to achieve the financialization of on-chain AI assets.
The company's initial product is a simple image generation engine that provides creators with a variety of image models and style options. This not only allows users to utilize the latest technology but also simplifies the image creation process. The product embodies the team's commitment to open source, decentralization, and user participation, aiming to help artists address issues of insufficient computing power and achieve income and self-worth through image creation.
With the accumulation of user feedback, the team quickly expanded the platform's functionality from a single image generation to customized role-playing and fantasy products. At the beginning of the third quarter of 2023, these new features were officially launched, and by the first quarter of 2024, the company introduced its flagship AI companion product.
Currently, the platform has developed into a user-friendly system that allows users to create immersive AI companions. The company recognizes that, despite the huge demand for intelligent response robots in the market, existing solutions are mainly limited to text interfaces and cannot meet the diverse needs of users. Therefore, they plan to expand the service to deeper interaction modes, including video, voice, and even potentially involving tactile and AR/VR technologies in the future to create the most realistic AI experience.
Leveraging the latest generative AI and Web3 technologies, the platform allows users to create multimodal AI companions, which can be either realistic or animated styles. The system is capable of understanding user intent and responding quickly in the form of images or text, customizing the characters and scenes as desired by the users. The platform also supports generative AI video creation, with more advanced video and voice features currently in development. In the future, users will be able to deploy their created AI companions on the blockchain, possessing complete IP ownership and having the opportunity to profit from them.
Community members have highly praised the entertainment and emotional support features of the platform. A seasoned user stated that the charm of the platform lies in its high degree of customization, allowing for easy creation of characters in specific historical scenarios or the crafting of an ideal virtual companion.
Since the launch of its core companion product less than 9 months ago, the platform has attracted over 500,000 users and continues to grow steadily. In the context of the cryptocurrency industry seeking the next "consumer-grade application," the company has successfully introduced users to the blockchain world by providing embedded wallets. The company has also secured funding from multiple blockchain projects, which will help enhance users' on-chain interaction experience within the application.
To further expand the user base, the company recently launched a rewards program that encourages users to participate in tasks such as image and video creation, storytelling, etc., helping them become familiar with the product features. Users can learn about the latest project updates and activity information through multiple channels.