KIP Protocol Secures $5 Million in Seed Funding for AI-Powered Web3 Solutions

IconCryptoNewsTerminal Staff16 Aug, 2024

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KIP Protocol Secures $5 Million in Seed Funding for AI-Powered Web3 Solutions

KIP Protocol, a provider of AI-powered Web3 solutions, has successfully closed an oversubscribed $5 million seed funding round. The round was led by prominent investors Animoca Brands and Tribe Capital, with participation through Republic's liquid venture fund. This funding will enable KIP Protocol to further develop and expand its AI-driven tools and services, empowering developers to build innovative and efficient Web3 applications. The company's mission is to simplify Web3 development and adoption by leveraging the power of AI. With this new investment, KIP Protocol aims to continue its growth trajectory and contribute to the advancement of the Web3 ecosystem.

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