Decentralized AI L2 blockchain network AgentLayer completes $1.5 million Seed Round financing

Singapore, June 18, 2024 - AgentLayer, a leader in the integration of Ethereum Layer 2 blockchain and AI, today announced that it has completed a $1.5 million Seed Round financing. This round of financing was jointly participated by well-known investment institutions such as Angel Investors, Web3.com Ventures, MH Ventures and Zephyrus Capital, which marks the market's high recognition of AgentLayer's technical strength and future development potential. The funds raised will be used specifically for the in-depth research and development and extensive promotion of AgentLayer's decentralized AI ecosystem, further enhancing its industry influence. In addition, in the coming weeks, AgentLayer will also announce more news about the Seed Round Extension, which indicates that AgentLayer is about to enter a more exciting new stage of development.

AgentLayer, a leading AI and blockchain fusion innovation platform, has previously announced that its parent company MetaTrust Labs’ equity investors Redpoint Ventures, Granite Asia (i.e. GGV Capital), NGC Ventures, ByteTrade Lab, Hash Global Venture Capital, LongHash Ventures, Fellows Fund, SNZ Holding, Bing Ventures, ABCDE Capital, M23, UVM Signum Blockchain Fund, MEXC, Summer Ventures and Woori Ventures, as well as strategic investors focusing on decentralized AI such as aelf public chain have fully participated in the construction of AgentLayer’s ecosystem and will hold the platform’s digital token $AGENT to jointly promote innovation and development in the field of artificial intelligence, especially to promote the prosperity and growth of the Asian AI developer ecosystem and the large-scale deployment of decentralized Multi-Agent coordination networks. This important cooperation marks the high recognition and support of MetaTrust Labs and its investors for the strategic prospects of AgentLayer.

Recently, AgentLayer announced the launch of the sale of AgentLayer Premium Governance Node (APGN), an important part of its ecosystem aimed at strengthening the security and governance of the network. APGN holders will enjoy generous mining rewards, advanced governance rights and other privileges. The initial price is $800, and a specific token release strategy is set. Users who hold APGN nodes will enjoy a range of privileges, including generous $AGENT token mining rewards, advanced governance rights, revenue sharing, etc. Starting from the 3001th node, the price will be increased by $5 for every 100 APGN sold to reflect the growing value and scarcity of APGN. The total issuance of the entire APGN node is limited to 20,000, ensuring uniqueness and maximizing the interests of holders. Currently, more than 5,000 nodes have been sold in the first week of launch, showing the community's strong interest and trust in this governance model.

In addition, AgentLayer will soon launch services for developers, including AgentLayer Hub and AgentLayer Studio. AgentLayer Hub provides developers with comprehensive maintenance and management functions for Agents, supports importing Agents from AgentLayer Studio or a standalone environment, publishing on-chain, and allows modification of Agent attributes, subscription management, and query of on-chain and off-chain data. At the same time, AgentLayer Studio supports developers to visually create conversational Agents, or build complex Agents and multi-agent workflows through Workflow, and has the ability to connect multiple LLMs, support RAGs, and call third-party APIs, providing developers with strong support in the creation and management of AI Agents.

AgentLayer is an innovative decentralized artificial intelligence L2 blockchain network designed for the collaboration and coordination of autonomous AI Agents. It has built a complete decentralized AI ecosystem through the advanced technology stacks AgentChain, AgentOS, AgentLink, and AgentFi, providing AI developers and users with strong technical support and a rich selection of financial products and services. This round of financing and the launch of APGN will jointly promote AgentLayer's innovation and development in the field of AI and blockchain integration.

About AgentLayer

AgentLayer is an innovative decentralized artificial intelligence L2 blockchain network designed for the collaboration and coordination of autonomous AI Agents. It uses generative AI technology driven by large language models (LLMs) to enable AI Agents to make decisions and complete tasks autonomously, reducing dependence on human intervention. AgentLayer has built a complete decentralized AI ecosystem through its advanced technology stack, including AgentChain (a decentralized, secure and efficient blockchain network), AgentOS (an operating system designed for AI application development), AgentLink (Multi-Agent underlying communication protocol) and AgentFi (decentralized financial services). This ecosystem not only provides strong technical support and development environment for AI developers, but also provides users with a rich and diverse selection of financial products and services. AgentLayer's vision is to promote innovation and development in various industries and professions through Multi-Agent collaboration.

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