Singapore, June 28, 2024  – In a transformative stride towards technological evolution, AIConnect Foundation has instituted a formidable $10 million Ecosystem Support Fund to champion and cultivate distinguished blockchain endeavors on a global scale. This decisive move underscores AIConnect’s steadfast conviction and enduring dedication to blockchain technology, marking a significant leap forward in the realms of technological ingenuity and ecosystem enhancement.

Forging New Horizons with Blockchain Empowerment

The AIConnect Foundation envisions blockchain as a catalyst capable of invigorating both cryptocurrency landscapes and tangible economies. This necessitates vigorous engagement and advocacy across diverse sectors to expedite industrial metamorphosis and realize substantial technological upgrades. Within the commercial matrix, the innovative ecosystem of applications is paramount. AIConnect’s support fund aspires to stimulate technological breakthroughs and foster ecosystem proliferation by underwriting global blockchain technology innovations and applications.

Foundation Genesis and Objectives

AIConnect Foundation is an assembly of seasoned investment luminaries and industry mavens, dedicated to propelling blockchain innovation and applications, while constructing an open and transparent global blockchain ecosystem. Its mission encompasses:

• Spearheading Blockchain R&D: Facilitating technological advancements and application deployments.
• Amplifying Global Influence: Enhancing AIConnect’s presence in the blockchain and financial sectors.
• Provisioning Multi-Faceted Support: Offering financial, technical, and resource backing to quality projects for commercialization.
• Developing Strategic Investment Frameworks: Ensuring asset security and stable growth through scientific investment strategies and risk management.
• Cultivating Trust: Establishing a transparent and efficient operational mechanism to earn community and investor trust.

Motivations and Aspirations

The inception of the AIConnect Ecosystem Support Fund is driven by several pivotal motivations:

1. Innovation Sponsorship: Investing in nascent projects to drive technological progress and application implementations within the blockchain sphere. By financially bolstering these avant-garde ventures, AIConnect aims to foster a culture of innovation that propels the industry forward.
2. Ecosystem Development: Contributing to the formation of a robust and sustainable blockchain ecosystem. AIConnect seeks to attract a wealth of developers and enterprises, thereby creating a dynamic environment that fosters growth and collaboration.
3. Strategic Positioning: Through strategic investments, AIConnect aims to augment its influence and competitiveness within the blockchain arena, ensuring its leadership role in shaping the industry’s future.

AIConnect anticipates that the fund will facilitate the identification and nurturing of high-potential projects. Beyond financial backing, the fund will offer comprehensive support, including technical guidance, market promotion, and strategic consulting. AIConnect will work in concert with invested projects, tackling challenges collectively, sharing successes, and expediting project growth.

Areas of Concentration

The Ecosystem Support Fund will channel resources into four primary domains: Artificial Intelligence (AI), Decentralized Infrastructure Networks (DePIN), GameFi, and the Bitcoin Ecosystem. Additionally, the initiative will embrace global recruitment and strategic alliances, inviting high-caliber enterprises and projects worldwide to seek support in these sectors.

AIConnect Foundation warmly invites exemplary projects within AI, DePIN, GameFi, and the Bitcoin ecosystem to collaborate. This initiative strives to cultivate a flourishing blockchain ecosystem, leveraging global expertise to advance industry progress. It will actively engage with projects exhibiting robust fundamentals, deepen collaborations, and drive technological innovation and ecosystem expansion.

Strategic Investment Ventures

The fund is earmarked for strategic investments in meritorious projects, with a cumulative investment reaching $10 million. AIConnect Foundation believes that through its strategic investments and alliances, it can cultivate a more prosperous and sustainable ecosystem in key areas such as AI, DePIN, GameFi, and the Bitcoin Ecosystem.

Heralding a New Epoch in Blockchain Innovation

AIConnect’s odyssey is a testament to its unwavering reverence for users and its commitment to synergistic partnerships with users and strategic allies. Recognizing the immense potential of the blockchain sector early on, AIConnect has championed technological innovation and prioritized business model advancements as cornerstones of its strategy. Looking forward, AIConnect Foundation remains unwavering in its dedication to collaborating with stellar teams and projects globally, propelling the development of avant-garde blockchain technology. The establishment of this strategic fund heralds the dawn of a new era for the AIConnect ecosystem, promising a future brimming with expansive opportunities. Visionary projects and teams are invited to join AIConnect in sculpting the next chapter of blockchain innovation and growth.