CharacterX Secures $2.8M in Seed Funding to Revolutionize Social Networking with Decentralized AI and Blockchain Technology.
CharacterX has over 500,000 users, and is pioneering in the realm of decentralized social networks.
Company Name: CharacterX
Location: San Francisco, CA
Sector: Decentralized AI Social Network
Funding Details: Raised $2.8M in Seed funding at a $30m valuation. Led by Lightspeed Venture Partners, INCE Capital, and Spark Digital Capital, with participation from CGV, ZC Capital, GRI, Fermion Capital, 84000LP, Fan Zhang, and others.
Purpose of Investment: To bolster the company's presence in the Web3 and AIGC (Artificial Intelligence Generated Content) space.
Product: A decentralized synthetic social network combining AGI technology with blockchain, offering an advanced multi-modal AI architecture for an augmented social experience.
About Company: CharacterX, initiated by a Stanford team, stands at the cutting edge of combining AI and blockchain technology. With over 500,000 users, the platform is pioneering in the realm of decentralized social networks. It's focused on delivering a unique, multi-sensory social experience, incorporating 3D and AR technologies, alongside next-generation computational platforms.
Key Features:
- Development of proactive AI agents for social interactions.
- Utilization of ERC6551 for decentralized AI memory and consciousness management.
- Focus on providing personalized social experiences while ensuring security and privacy.
Recent Developments:
- Launch of mobile applications for Android and iOS.
- Introduction of a developer website for user engagement and AI being creation.