Layer 1 blockchain project Aelf has announced its plans to integrate artificial intelligence (AI) technology into its blockchain platform. By incorporating AI models and agents, Aelf aims to enhance its ecosystem, expand its capabilities, and improve user experiences.
Aelf is known for its cloud-native, high-performance blockchain system designed to support Web3 decentralized applications (dApps). With a focus on decentralized finance (DeFi) and the metaverse realms, aelf provides specialized infrastructures and developer tools to ensure secure, fast, and cost-effective operations within its ecosystem.
In line with its AI integration strategy, aelf Ventures, the investment arm of aelf, has allocated a $50 million ecosystem fund to support AI projects aimed at blockchain integration. The fund will be used to back projects that focus on combining blockchain and AI technologies to drive innovation within the aelf ecosystem.
To facilitate the integration of AI technologies, aelf will provide developer-friendly toolkits that empower the community to engage in various activities, including data preprocessing, model training, deployment, and monetization within the aelf blockchain environment. The company plans to target both existing and upcoming projects within its network with this initiative.
aelf Ventures has a track record of supporting projects across various domains such as DeFi, Gaming, NFTs, and Public Goods. Past investments include backing projects like Crystal Fun, Mythic Protocol, Awaken Swap, EWELL, eBridge, and Portkey, among others.
Overall, aelf’s commitment to incorporating AI technology into its blockchain platform and supporting AI projects through its investment arm underscores the company’s dedication to driving innovation and advancing the integration of cutting-edge technologies within the blockchain space.