Endless Web3 Genesis Cloud, a leading distributed intelligent component protocol, has successfully raised $110 million in a funding round that values the company at $1 billion. This significant milestone was backed by prominent investors, including Foresight Ventures. The newly acquired capital will be used to drive the development of Endless’ componentized development platform, AI Agent toolchain, and broader ecosystem expansion. Key focus areas for investment include product research and development, ecosystem support, long-term strategic reserves, and strong market partnerships. Endless is positioning itself as a transformative “super connector,” seamlessly bridging Web2 and Web3 while integrating AI with Web3 technologies.
Revolutionizing Web3 Development:
As a distributed intelligent component protocol, Endless is dedicated to reducing the barriers for Web2 applications to transition into Web3. The platform offers a comprehensive, one-stop solution for Web3 application development while ensuring a user experience comparable to Web2. By leveraging the Move programming language on its public blockchain, Endless integrates a variety of AI capabilities and plugins to create a frictionless development environment. This approach enables developers to build Crypto AI applications efficiently and at scale, paving the way for the emergence of the AI Agentic Super Intelligent System.
Backed by Industry Leaders:
Endless has garnered support from investors spanning Web3, the Internet, and financial sectors, bringing a wealth of industry expertise to the project. These strategic backers will play an instrumental role in Endless’ governance, ecosystem expansion, and overall strategic direction. Their contributions will help accelerate the mass adoption of Web3 and advance the vision of an AI-powered intelligent ecosystem.
Leadership with Deep Expertise in AI and Web3:
The leadership team behind Endless boasts extensive experience in both AI and Web3 technologies, positioning the company as a key player in the industry’s future.
Xiong Yu, Co-President: Serving as Associate Vice-President at the University of Surrey, Xiong also leads the Institute of Blockchain and Artificial Intelligence. His research in AI and blockchain has been instrumental in developing efficient large language models and real-time AI-generated imaging. Additionally, he has held visiting positions at esteemed institutions such as Cambridge and Oxford.
Amit Kumar Jaiswal, Chief Technology Officer: An academic chair at the Indian Institute of Technology’s School of Computer Science, Amit is also a researcher at the University of Surrey. He specializes in machine learning, generative AI, decentralized finance (DeFi), and Web3. Previously, he co-founded Quanonblocks LLP and served as its Chief Technology Officer.
Ned, Chief Token Economist: With more than a decade of experience in quantitative finance and blockchain, Ned has worked on pioneering projects in DeFi, blockchain infrastructure, and Web3 innovation. His research at Oxford and Cambridge has focused on distributed systems and token economics, contributing to groundbreaking advancements in the space.
Shaping the Future of AI and Web3:
Endless’s ambitious roadmap and experienced leadership position it as a game-changer in the AI and Web3 landscape. By providing a seamless integration of AI-driven solutions into Web3, the company aims to redefine how developers and users interact with blockchain technology.
About Endless Web3 Genesis Cloud:
Endless Web3 Genesis Cloud is a cutting-edge distributed intelligent component protocol that simplifies the transition from Web2 to Web3 for developers. With a powerful blockchain infrastructure built on the Move language, Endless integrates AI capabilities and plugins to create the best possible bridge between AI and Crypto. The platform empowers developers to create next-generation Crypto AI applications using a componentized framework, accelerating the arrival of the AI Agentic Super Intelligent System.
With its recent $110M funding round, Endless is well on its way to becoming the leading force in AI-Web3 integration, unlocking new possibilities for innovation in the digital ecosystem.
For more insights and updates on Metaverse, DeFi, Blockchain, NFT & Web3, be sure to subscribe to our newsletter. Stay informed on the latest trends and developments in the decentralized world!
