November 8, 2024
SkyX, a decentralized weather data platform, has completed its pre-seed funding round, as it aims to modernize weather monitoring through blockchain and AI technologies. Led by EV3, EOT Ventures, and Waterdrip Capital, the funding will support SkyX’s goal to reshape weather forecasting by combining Web3 technology with artificial intelligence, delivering precise, hyperlocal data and AI-driven insights to a range of industries.
SkyX operates on a decentralized physical infrastructure network (DePIN) model, enabling community-based weather data collection through portable, user-owned stations. By allowing individuals to contribute data and receive cryptocurrency rewards, SkyX offers a crowd-sourced alternative to centralized weather systems. This approach broadens data accessibility and aims to boost forecasting accuracy, particularly in remote or underserved areas where reliable meteorological data is scarce.
With the newly secured funding, SkyX plans to expand its hardware offerings and enhance its AI software platform, which turns collected data into actionable insights for sectors like agriculture, energy, disaster preparedness, and smart cities. The company will accelerate the rollout of portable weather stations and develop advanced AI capabilities, including SkyXGPT, an AI-driven conversational bot designed to make complex weather data accessible to general users. SkyX also intends to launch new products, such as a portable meteorograph and a commercial-grade station equipped with a fisheye camera, aimed at providing hyperlocal, real-time data for both individual contributors and enterprises.
About SkyX
SkyX is a decentralized weather network using blockchain and AI to provide precise, hyperlocal data. Through its DePIN model, individuals contribute data from portable stations and earn cryptocurrency rewards. SkyX’s AI platform transforms raw data into insights for agriculture, renewable energy, and smart cities, building a global network that enhances forecasting accuracy and benefits its contributors.
Website: https://skyxglobal.com/#/
X: @SkyX_Network
About Investors
EV3 Research
Location: New York
Website: https://ev3.xyz/
EOT Ventures
Website: https://www.eot.ventures/
Waterdrip Capital
Location: China
Website: https://waterdrip.io/
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