December 3, 2024
OpenPad AI, a decentralized analytics platform combining AI and blockchain technologies, has raised $2 million in its latest seed funding round. Basics Capital led the round, with participation from Boba Network, Coin Bold, Protein Capital, Spicy Capital, Green Arrow Adventures, VivaTech Ventures, Brinc, Avalon Wealth Club, and TechFarm. Angel investors Cobra from FireStarter and Sundeep K.S. from TrustSwap also contributed.
The platform offers AI-driven tools designed to tackle challenges in Web3 investments, including data privacy, ownership, and transparency. OpenPad AI integrates real-time analytics and personalized strategies, providing users with insights for informed decision-making. By combining blockchain’s security features with AI’s analytical capabilities, the platform seeks to boost scalability and innovation within the decentralized ecosystem.
Among its core features is the OPAD Protocol, a decentralized data layer that integrates edge computing to improve privacy and reduce risks. The platform also offers the OPAD Intel Key NFT, which rewards node operators and provides exclusive analytics access. Additional tools include an AI Portal for managing digital assets, AI-powered scoring systems, and an AI Launchpad to streamline project funding with a focus on accountability.
With the newly secured funding, OpenPad AI plans to expand its offerings and onboard a broader user base. The initiative underscores its commitment to delivering advanced decentralized solutions that prioritize transparency and inclusivity in the Web3 investment landscape.
About OpenPad AI
OpenPad AI is a decentralized platform that merges blockchain and AI technologies to create advanced tools for Web3 investments. Its suite of products, including the OPAD Protocol, OPAD Intel Key NFTs, and the AI Portal, is designed to empower users with secure, transparent, and efficient solutions for managing and analyzing digital assets.
Website: https://openpad.io/homepage
X: @openpad_io
About Investor
Basics Capital
Basics Capital is a venture capital firm specializing in early-stage investments in blockchain and decentralized technology projects. The firm supports initiatives that focus on scalability, transparency, and long-term impact within the Web3 sector.
Location: Decentralized Website: https://basics.capital/ A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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