Lightchain AI announces the launch of its testnet and the completion of a $15 million funding round
ChainCatcher news, according to Bitcoin.com, the blockchain project Lightchain AI has announced the official launch of its testnet, while completing a $15 million financing round.The project's main technological innovations include the Proof of Intelligence (PoI) consensus mechanism and the AI Virtual Machine (AIVM) as its two core components. The PoI consensus mechanism rewards nodes for solving AI computation problems, while the AIVM provides developers with a toolkit to build AI applications on the blockchain.The project is currently in its final round of pre-sale, and the funds raised will be used for technology development, infrastructure expansion, and talent recruitment. Lightchain AI plans to launch its mainnet in 2025, with a focus on developing enterprise-level decentralized AI solutions in the future.