Cryptocurrency startup Camp Network has completed a $25 million Series A funding round, co-led by 1kx and Blockchain Capital
ChainCatcher news, according to Fortune, the crypto startup Camp Network announced the completion of a $25 million Series A funding round, led jointly by venture capital firms 1kx and Blockchain Capital, with participation from OKX, Lattice, and Paper Ventures. Camp Network is building a blockchain platform to help content creators store and license their intellectual property, addressing the issue of AI models misusing copyrighted content.
This round of financing is in the form of equity financing and includes a token warrant, which is a commitment to issue cryptocurrency at a future date. According to Nirav Murthy, co-founder and co-CEO of Camp Network, this round of financing could value the startup's token at up to $400 million.
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