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AIConnect Foundation Announces $10 Million Ecosystem
Singapore, June 28, 2024 (GLOBE NEWSWIRE) — Recently, the AIConnect Foundation announced the establishment of a $10 million Ecosystem Support Fund to support and nurture outstanding blockchain projects around the world. This move not only demonstrates AIConnect’s firm belief and long-term commitment to blockchain technology, but also marks a major step forward in promoting technological innovation and ecosystem development.
According to the AIConnect Foundation, blockchain technology has the potential to empower both cryptocurrency and real-world economies. This requires the active participation and promotion of all sectors to accelerate industry transformations and achieve significant industrial improvements. Within a commercial system, the innovative application ecosystem of products is crucial. The AIConnect Foundation aims to promote technological progress and ecosystem growth by establishing a dedicated support fund to help global blockchain technology innovation and applications.
Foundation context
The AIConnect Foundation is made up of experienced investment advisors and industry experts, committed to advancing the innovation and applications of blockchain technology and building an open and transparent global blockchain ecosystem. Its objectives include supporting and investing in blockchain technology research and development, facilitating technological breakthroughs and application deployment, enhancing AIConnect’s influence in global blockchain and financial markets, providing financing , technical and resource support for quality projects to achieve commercialization, the development of scientific investment strategies and risk management measures to ensure the safety and stable growth of the foundation’s assets, and establish a transparent and efficient operating mechanism to achieve the trust of the community and investors.
Foundation reasons and expectations
The creation of the AIConnect Ecosystem Support Fund is rooted in several key motivations. First, the fund aims to support innovation by investing in early-stage projects that are driving technological advancements and application implementations in the blockchain space. By providing financial support to these pioneering initiatives, AIConnect seeks to foster a culture of innovation that will propel the industry forward.
Secondly, the fund is dedicated to ecosystem building. By contributing to the development of a healthy and sustainable blockchain ecosystem, AIConnect hopes to attract more developers and enterprises. This influx of talent and resources will create a strong and dynamic environment, facilitating growth and collaboration within the blockchain community.
Finally, the fund is part of AIConnect’s strategic layout. By making strategic investments now, AIConnect aims to strengthen its influence and competitiveness in the blockchain field for the future. This proactive approach ensures that AIConnect remains at the forefront of blockchain innovation and continues to play a leading role in shaping the industry landscape.
AIConnect anticipates that the establishment of this fund will enable the identification and support of projects with exceptional potential. In addition to financial support, the fund will provide multi-faceted support, including technical guidance, market promotion and strategic advice. AIConnect will collaborate closely with invested projects, tackling challenges together, sharing successful experiences and resources, and promoting rapid project growth.
Areas of interest
The Ecosystem Support Fund will focus on four key areas: Artificial Intelligence (AI), Decentralized Infrastructure Networks (DePIN), GameFi, and the Bitcoin ecosystem. It will also include global recruitment and strategic cooperation, allowing high-quality businesses and projects around the world to apply for support in these areas.
The AIConnect Foundation warmly invites outstanding projects in AI, DePIN, GameFi, the Bitcoin ecosystem and related fields to collaborate. This initiative aims to create a more prosperous blockchain ecosystem by leveraging global expertise to drive industry progress. It will actively engage in projects that have strong fundamentals, deepen cooperation, and drive technological innovation and ecosystem growth.
Strategic investment opportunity
The fund will be used for strategic investments in eligible quality projects, with the total investment amount reaching $10 million. AIConnect Foundation believes that through its strategic investments and partnerships, it can build a more prosperous and sustainable ecosystem in key areas such as AI, DePIN, GameFi and the Bitcoin ecosystem.
Paving the way for a new era of Blockchain innovation
AIConnect’s journey reflects its unwavering respect for users and dedication to win-win cooperation with both users and strategic partners. From the very beginning, AIConnect has recognized the vast potential of the blockchain industry, pushing the team to champion technological innovation and prioritize business model advancements as the cornerstone of its strategy. Looking to the future, the AIConnect Foundation remains steadfast in its commitment to collaborating with outstanding teams and projects globally, advancing the development of cutting-edge blockchain technology. The establishment of this strategic fund marks the dawn of a new era for the AIConnect ecosystem, promising a future filled with broader opportunities. Visionary projects and teams are invited to join AIConnect to shape the next chapter of blockchain innovation and growth.
Apply now
Join the AIConnect Foundation and usher in a new era of blockchain technology.
Contact information:
Marketing Department of the AIConnect Foundation
Website: https://www.aic.fan
Disclaimer: This article contains forward-looking statements based on current expectations, forecasts and assumptions. Such statements should not be considered guarantees of future results and actual results may differ materially.
The information provided in this press release does not constitute a solicitation to invest, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended that you exercise due diligence, including consulting with a professional financial advisor, before investing or trading in cryptocurrencies and securities.
