DeepNode has raised $5 million to construct a decentralized AI community on prime of Base, utilizing PoWR to reward helpful AI fashions throughout fields similar to healthcare, fraud detection, and crypto buying and selling.
abstract
- DeepNode has secured $5 million in total seed and strategic rounds from Web3 and AI infrastructure traders and group members.
- The community makes use of Proof-of-Work Relevance to reward AI fashions based mostly on real-world utility reasonably than uncooked compute.
- Constructed on Base, DeepNode targets sub-cent charges and plans to launch mainnet by the tip of Q1 2026.
DeepNode, a decentralized synthetic intelligence community, introduced it has raised $5 million in two funding rounds, in keeping with an organization assertion.
The funding consists of a $2 million seed spherical at a $25 million valuation and a $3 million strategic spherical at a $75 million valuation. The corporate describes its platform as an “open intelligence” infrastructure that permits AI builders, compute suppliers, and validators to collaborate and earn rewards with out counting on centralized know-how firms.
Deep nodes that construct decentralized AI on prime of Base
The corporate stated the seed spherical included participation from group members, community validators similar to RoundTable21's WildSageLabs and DNA's Rizzo, and infrastructure accomplice Gateway.FM.
The strategic spherical was led by a consortium of Web3 and AI infrastructure traders together with Blockchain Founders Fund, Aspect Door Ventures, TBV, IOBC Capital, Fomo Ventures, and Nestoris, the corporate stated.
In accordance with the corporate, DeepNode operates utilizing a Proof-of-Work Relevance (PoWR) consensus mechanism that rewards AI contributions based mostly on utility, not simply computational output. Fashions compete and evolve based mostly on real-world efficiency, and contributors earn emissions for his or her work.
You might also like: BDACS introduces KRW stablecoin KRW1 to Polygon
The corporate says the platform is designed to deal with predictive and decision-making duties throughout a number of industries, together with medical diagnostics, fraud detection, and crypto buying and selling.
In accordance with the announcement, DeepNode is constructed on Ethereum's Layer 2 community, Base (BASE), to leverage Ethereum's safety whereas protecting transaction prices beneath $0.01. The corporate plans to launch its mainnet by the tip of the primary quarter of 2026, with foundation-supported domains in improvement throughout a number of verticals.
The community goals to assist builders retain their mental property rights, allow contributors to earn cash based mostly on their efficiency, and supply firms with personal participation choices whereas leveraging shared community results, the corporate stated.
learn extra: Changpeng Zhao to concentrate on cultivating US crypto capital after amnesty
