Tuesday, July 2, 2024

ChainGPT Introduces $1 Million Grant Program for Startups Boosting Web3-AI Innovation

Share

ChainGPT Launches Grant Program to Foster Innovation at the Intersection of AI and Blockchain

ChainGPT, a leading AI-powered Web3 infrastructure provider, has announced the launch of a grant program aimed at facilitating innovation at the crossroads of AI and blockchain. Selected participants in the initiative will gain access to ChainGPT’s suite of AI-powered blockchain tools, including its APIs and SDKs, enabling streamlined development and scalability.

With up to $1 million in grants available for startups at different development stages, ChainGPT will offer three tiers of funding: Scaling-focused growth grants, builder grants for early-stage innovation, and research grants for newly launched projects. The program aims to remove entry barriers for startups and empower them with AI technologies tailored to blockchain applications.

Ethereum founder Vitalik Buterin has expressed excitement about the potential synergies between AI and blockchain, emphasizing the need for constructive use cases at scale. However, challenges such as AI’s centralized nature have hindered collaboration with blockchain and Web3’s core ethos. Overcoming these obstacles requires focused R&D, industry dialogue, and education.

The grant program aligns with ChainGPT’s mission to enhance the blockchain space with AI-powered solutions and support Web3 developers. Participants will have access to ChainGPT’s ecosystem, including APIs and SDKs for building AI-powered applications. Startups can apply for grants online, with a maximum grant of $50 thousand available.

Several early featured projects awarded grants from ChainGPT include Kryptomon, GT Protocol, Cookie3, and AITECH. ChainGPT offers a range of tools and services, including a smart contract generator, AI trading, NFT generator, and more. The company provides strategic mentorship and support for Web3 startups.

CEO and Founder Ilan Rakhmanov emphasizes ChainGPT’s commitment to fostering innovation in the AI-blockchain space. The grant program goes beyond monetary backing, offering promotional support, technical guidance, and partnership opportunities. ChainGPT aims to encourage the next wave of digital innovation and redefine possibilities in the Web3 space.

About ChainGPT:
ChainGPT is a leading provider of AI-powered infrastructure for crypto, blockchain, and Web3. The company offers a range of tools and services, integrating large language models with blockchain to build advanced and user-friendly solutions. ChainGPT has established strategic partnerships and received recognition from tech leaders like Google, Nvidia, BNBChain, and Chainlink, aiming to advance the use of AI in the blockchain space.

Read more

Local News