ChainCatcher news, FLock.io announced the signing of a memorandum of understanding with Animoca Brands. Both parties plan to jointly develop AI models specifically designed for Animoca Brands, focusing on due diligence, investment, market making, and operational support. The FLock.io platform combines federated learning and blockchain technology, aiming to ensure data privacy through decentralized collaboration and promote collaborative training of AI models.FLock.io CFO Vincent stated that this collaboration will leverage FLock.io's privacy-preserving AI training infrastructure platform to develop four AI models in specific areas for Animoca Brands, while ensuring the localization of core data.

ChainCatcher news, according to The Block, FLock.io announced that it has received funding from the Ethereum Foundation Academic Grants Round 2024, with the specific amount not disclosed.It is reported that the funds will be used for research on the incentive mechanisms of its blockchain-based machine learning solutions.

ChainCatcher news, according to The Block, FLock.io has launched its AI training platform's web application train.flock.io. By integrating private data and on-chain rewards, FLock ensures fair incentives and promotes open collaboration. It meets the demand for customized AI models from both Web3 and Web2 projects while protecting data privacy by training models without exposing source data.It is reported that this beta version brings Web3 closer to providing traceable contributions and on-chain incentives for data owners, model developers, and computing providers, creating dedicated models for different communities.

ChainCatcher news, according to CoinDesk, the "AI co-creation" platform FLock.io and the network Morpheus, which supports intelligent agents, announced a strategic partnership to advance decentralized AI capabilities in Web3.The team stated that by merging FLock.io's community-driven, decentralized AI training model platform with Morpheus, intelligent agent builders will be able to deploy their code and earn rewards. The partnership aims to reduce reliance on centralized external function calls from OpenAI and integrate more intelligent agents into Web3 wallets. Ultimately, this integration will enable users to leverage AI directly from their wallets, providing a seamless, secure, and intuitive transaction experience.

ChainCatcher news, according to The Block, the Web3 AI project FLock.io has completed a $6 million seed round financing, led by Lightspeed Faction and Tagus Capital, with participation from DCG, OKX Ventures, and Volt Capital. The seed round financing brings the total funds raised by FLock to $8 million, and there will be no changes to FLock's board after this round of financing, as FLock is still in the future Simple Agreement for Equity (SAFE) stage.