Cyber.Fund Commits $100M to Blockchain Projects Merging AI and IoT
With a history of backing successful ventures like Cosmos, Solana, and Polkadot, Cyber.Fund aims to foster the development of what it terms the “cybernetic economy”, where blockchain forms the foundation.
Cyber.Fund, an investment firm renowned for its early support of Ethereum, has recently unveiled an impressive commitment of $100 million towards blockchain projects that merge artificial intelligence (AI) and the Internet of Things (IoT).
With a history of backing successful ventures like Cosmos, Solana, and Polkadot, Cyber.Fund aims to foster the development of what it terms the “cybernetic economy”, where blockchain forms the foundation. This interconnected and automated economic framework converges blockchain, AI, and IoT to drive innovation and collective growth. The decision to invest in projects that combine these tchnologies comes at a time when the cryptocurrency industry has witnessed the rise of AI-based tokens, following the success of mainstream artificial intelligence tools such as ChatGPT.
Co-founder Konstantin Lomashuk explains further that Cyber.Fund is driven by the belief that blockchain serves as the fundamental layer for a new economy that is programmable, trustless, and decentralized. The company envisions the cybernetic economy as a transformative era of innovation and collective growth and is committed to leading the way in this transformation. He stated:
“The cybernetic economy represents a new era of innovation and collective growth, and we at cyber.Fund are fully prepared to be at the forefront of this transformation.”
Investing in a Fast-Growing Industry
The intersection of blockchain and artificial intelligence has generated speculation that it has the potential to drive the industry forward in the upcoming bull cycle. With numerous AI-based cryptocurrencies emerging, these projects are likely to become some of the top performers in the crypto industry in the coming years. The fusion of these technologies also has the potential to improve scalability and usability, which could ignite the next crypto market surge.
The fact that Cyber.Fund has a reputation for investing in successful projects, which further supports the notion that they have identified promising opportunities in solutions that combine these technologies. This also serves as a compelling reason for individual investors to explore similar areas, as they have the chance to profit as the business matures and develops.
A Vision Committed to Growing Crypto Companies
Since 2014, Cyber.Fund has been involved with prominent crypto teams, supporting and collaborating with entrepreneurs working on innovative projects combining blockchain, AI, robotics, and related technologies. The company has also actively contributed to projects like P2P.org, =nil; Foundation, and the Lido DAO. They offer assistance across operational, technological, security, and research domains, to help these companies progress from early development to successful enterprises.
In essence, Cyber.Fund acts as a partner to founders by providing expertise, guidance, and support throughout the entire lifespan of their projects – from initial stages of development to sustainable growth. Their mission is to foster innovation and progress in emerging tech fields and help various entrepreneurs grow their ideas to maturity.
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