ChainCatcher news, the decentralized AI technology innovation platform Redpill announced the completion of a $5 million seed round financing, led by Animoca Brands and DFG, with participation from several institutions including Jsquare and Hypersphere.According to the Web3 asset data platform RootData, RedPill is a decentralized AI platform that aggregates top AI models into a single API, enabling democratic access to them and providing faster, more affordable, and verifiable AI services globally. RedPill introduces a model that tokenizes LLM resources and issues equivalent model tokens to AI node providers based on "cost proof." These tokens can be traded by nodes or purchased by users through the DeFi market.

ChainCatcher news, Sun Protocol announces the completion of its first round of seed financing, with participation from the Moore Foundation and DFG. This round of financing will be used for market-making funds and to support developers in building the Sun Protocol ecosystem.Sun Protocol brings together the main technical architecture of Web3 and dapps on the same network, allowing users to fully experience all activities of Web3 within the Sun Protocol framework.

ChainCatcher news, decentralized storage solution Sumi Network has completed a $3 million funding round at a $30 million valuation, led by Scytale, with participation from Fuse, D1 Ventures, DFG, and TRGC. Sumi Network is now focused on further developing its proprietary decentralized storage solution. (source link)