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9:01 PM · Nov 26, 2024 – Talus Network, a pioneering Layer-1 blockchain designed for smart agents, has successfully closed a $6 million strategic funding round, bringing its total funding to $9 million and valuing the company at $150 million. The round was led by Polychain Capital, with significant participation from prominent investors including Foresight Ventures, Animoca Brands, Geek Cartel, Echo, and several notable angel investors from Polygon, Sentient, and Allora. This investment marks a significant milestone in Talus's mission to revolutionize the landscape of decentralized AI applications.
This latest funding injection will fuel the expansion of the Talus ecosystem, focusing on three key areas:
- Protochain Development: Further development of Talus's high-throughput blockchain infrastructure, Protochain, optimized for the unique demands of AI agent interactions and transactions.
- Nexus Framework Enhancement: Expanding the capabilities of the Nexus framework, a powerful tool enabling developers to create self-governing and self-executing AI agents with unprecedented ease and flexibility.
- "AI Bae" Launch: Development and launch of "AI Bae," a groundbreaking AI-powered dating experience. This innovative application will connect users with personalized AI companions, generate unique virtual avatars linked to TikTok profiles, and support chat, social gaming, and tokenized interactions, offering a novel approach to online connection.
Revolutionizing AI Interaction with Decentralized Smart Agents
Talus Network is building the foundation for a future where AI agents actively participate in the digital economy. Leveraging the security, speed, and object-oriented programming capabilities of the MoveVM, Talus provides a robust and developer-friendly environment for building and deploying a wide range of AI smart agent applications. These applications span diverse sectors, including:
- Decentralized Finance (DeFi): Talus-powered AI agents can autonomously manage DeFi portfolios, optimize yields, and provide enhanced MEV protection, offering users sophisticated and automated financial management tools.
- Decentralized Autonomous Organizations (DAOs): Smart agents can streamline DAO governance by automating grant allocation, proposal voting, and treasury management, enhancing efficiency and transparency.
- Gaming: Talus empowers developers to create dynamic and responsive in-game NPCs driven by AI, enriching gameplay and creating immersive experiences. Furthermore, it facilitates automated testing and other crucial game development processes.
- Initial Model Offerings (IMOs): Talus is pioneering the concept of IMOs, providing a framework for launching and managing AI models as on-chain assets, fostering innovation and collaboration within the AI community.
Empowering Ownership and Trade of On-Chain AI Assets
Talus Network enables the tokenization of AI agents, transforming them into tradable on-chain assets. This innovative approach allows developers, trainers, and users to participate in a vibrant ecosystem where they can own, buy, sell, and collaborate on AI agents, unlocking new economic opportunities at the intersection of AI and blockchain technology. The platform also plans to introduce TAI tokens, which will be used for transaction fees and resource allocation within the ecosystem.
Key Investors and Partnerships Driving Innovation
The strategic investment from Polychain Capital, a leading investor in blockchain technology, validates Talus Network's vision and potential. Olaf Carlson-Wee, founder of Polychain Capital, commented on the investment: "AI agents are beginning to participate directly in markets as active economic entities. With Talus, these agents gain a decentralized foundation to own assets, trade, and interact autonomously. Talus is leading in building a new economy where AI-driven agents are integral to the digital landscape."
Talus Network has also forged strategic partnerships with key players in the blockchain space, including Chasm for seamless deployment of AI smart agents, Ankr for providing Bitcoin liquidity for on-chain smart agents, and Sign Protocol for secure attestations for AI agents. These collaborations demonstrate the growing momentum and support for Talus's innovative approach.
About Talus Network:
Talus Network is a Layer-1 blockchain purpose-built for smart agents, empowering developers to build, deploy, and monetize AI-powered applications. Leveraging the MoveVM, Talus provides a secure, scalable, and developer-friendly environment for fostering innovation at the intersection of AI and blockchain technology.
About Polychain Capital:
Polychain Capital is a leading investment firm focused on blockchain technology and cryptocurrencies, investing in and supporting projects that are shaping the future of the decentralized web.
Compiled by CMO Intern team
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