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Camelot Protocol - Angel
Overview
Funding Date
April 16, 2024
Financing amount
--
Valuation
--
Catagory
About Camelot Protocol - Angel
Camelot Protocol has sealed their Angel Investment round, powered by leading lights in the tech finance world—DWF Labs, Foresight Ventures, Titanomachy Societe Anonyme, Web3 Research, and Defi Lab Ventures among others famous individual investors. This investment fuels the drive to innovate within the DePIN sector—developing products and enhancing the Layer3 network on all EVM Layer2.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Lab | Singapore | 2018 | 53 | -- | ||
| Fund | Russian Federation | 2010 | 57 | info@foresight.vc | ||
| Uncategorized | Unknown | -- | 1 | -- | ||
| Uncategorized | Unknown | -- | 1 | -- | ||
| Fund | Unknown | -- | 1 | -- |
Company Profile / Project Introduction
Camelot is an innovative project aiming to democratize and decentralize the process of AI training using blockchain technology. The project endeavors to build a scalable Layer3 DePIN platform on Merlin chain, allowing individuals and organizations worldwide to contribute computational resources to a shared pool. This facilitates the training of powerful AI models and distributes training results to mobile devices.
Additionally, Camelot introduces a novel concept of AI authentication, using unique blockchain identifiers to certify trained AI models, ensuring transparency and traceability. This advanced approach addresses challenges such as data privacy, trust, and ownership of AI models in today's centralized AI environment.