Bluwhale, an emerging AI Web3 startup, has successfully secured $7 million in seed funding. Its goal is to enhance how decentralized applications (dApps) engage with their audiences. By integrating artificial intelligence with blockchain technology, Bluwhale plans to enhance digital communication between companies and Web3 wallet holders, offering a more targeted and efficient marketing approach while rewarding users for their participation.
Enhancing User Engagement Through Technology
Bluwhale’s main objective is to create a platform that utilizes AI to enable smooth communication between businesses and Web3 wallet users who have given their consent. The aim is to enhance marketing strategies by ensuring that advertisements reach the intended audience.
This, in turn, benefits users financially. The process involves advanced AI algorithms that analyze users’ behavior, preferences, and transactions to create a personalized experience. Users are required to opt-in and claim their profiles to start receiving tokens and earning rewards. They secured 90% of the profits generated from marketing and advertising expenditures.
A Collaborative Funding Effort
The funding round, led by SBI, attracted a wide array of investors, demonstrating significant confidence in Bluwhale’s vision. Contributors include industry giants such as Cardano and Primal Capital, alongside notable figures like Haseeb Qureshi of Dragonfly, Charles Huang of Guitar Hero fame, Jack McCauley, the mind behind Oculus, and various others. The collective effort underscores the broad-based support for Bluwhale’s innovative approach to dApp user engagement.
Future Plans and Developments
Bluwhale has received fresh capital injection to fund the expansion of its team, launch its proprietary platform, and initiate partnerships with enterprises and wallet holders. The startup plans to use the funds to stimulate growth and support an airdrop campaign ahead of their token launch, which is scheduled for the second or third quarter of 2024. According to Bluwhale’s CEO, Han Jin, this strategic investment will significantly contribute to building a robust platform that bridges the gap between enterprises and the Web3 community, offering mutual benefits to all parties involved.