top of page
Writer's pictureTina

Adot, a Decentralized Search Network for AI Internet, receives Strategic Investment from Aptos to Enhance AI Search Solutions in Web3

 

Decentralized Search Network for AI Internet

August 30, 2024


Adot (a.xyz), a decentralized AI search engine company founded by a former Google core team engineer, has recently received a major strategic investment from the Aptos ecosystem. This funding will be crucial in advancing Adot’s goal to transform the search experience in the Web3 space.


Project

Latest Raise Date

Stage

Lead Investor

Category

Adot

August 30, 2024

Strategic Investment

Aptos

AI

With this investment, Adot plans to improve its search technology, offering innovative solutions that will aid the growth and development of the Aptos ecosystem. This partnership highlights Aptos’s dedication to supporting projects that drive the advancement of decentralized technologies and broaden its ecosystem’s reach.


Before receiving the strategic investment from Aptos, Adot had already secured $6 million in earlier funding rounds. Key investors in these rounds included gumi Cryptos Capital, Hash Global, SevenX Ventures, Mask Network, MixMarvel, Xin Family, and VarCapital.


About Adot

Adot (a.xyz) is a decentralized AI search engine company. It aims to revolutionize the search experience in the Web3 space by using advanced AI technology. Founded by a former Google engineer, Adot focuses on providing innovative search solutions that enhance the functionality and user experience within decentralized ecosystems.


 

About Investor

Investor: Aptos Foundation

The Aptos Foundation is dedicated to supporting the Aptos blockchain, a Layer 1 platform known for its focus on safety, scalability, and decentralization. The foundation plays a crucial role in fostering the ecosystem by providing grants to developers, promoting community engagement through educational programs and events, and partnering with node validators to enhance decentralization. Aptos aims to revolutionize blockchain technology with its high-speed, secure, and scalable infrastructure, making it an ideal platform for building decentralized applications (DApps). The foundation also emphasizes governance, allowing community members to propose and vote on improvements, ensuring the network evolves in a decentralized manner.


Location: Grand Cayman

 

 

 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

Comments


Commenting has been turned off.
bottom of page