DWF Labs, a modern-day cryptocurrency market maker and investor, declares its strategic backing for teams introducing AI agents on NEAR Protocol, an advanced, fully sharded Proof-of-Stake Layer 1 blockchain. NEAR is one of the foremost decentralized platforms for implementing Artificial Intelligence (AI) and Machine Learning (ML) in Web3, the third generation of the internet.
DWF Labs partners with NEAR Protocol for AI agent breakthroughs
Based on the official statement, DWF Labs, a prominent player in market making and venture capital investment, has initiated a strategic alliance with NEAR Protocol, a significant programmable layer-1 blockchain. This partnership aims to propel the AI agents sector within the Web3 environment.
Our special AI agents are training hard at 💪🐤
— DWF Labs (@DWFLabs) January 7, 2025
Representatives from DWF noted that the NEAR ecosystem hosts innovative teams who are regularly exploring the frontiers of decentralized, user-controlled Artificial Intelligence.
As artificial intelligence advancements flourish in the NEAR ecosystem, DWF Labs plans to facilitate the debut of AI agents using platforms like AIDOLS and similar ones. Given the promising outlook for the next few months, this sector is expected to expand significantly.
Andrei Grachev, as the Managing Partner of DWF Labs, is thrilled about the part DWF Labs will take in advancing the upcoming stage of collaboration between Web3 and AI technologies.
At DWF Labs, our ethos revolves around strengthening innovators who are constructing the tomorrow of autonomous technology. The NEAR Protocol emerges as a trailblazer, providing a reliable platform for creating genuinely decentralized artificial intelligence agents. By collaborating with creators on NEAR, we’re thrilled to back teams spearheading AI advancements, aiding them in commercializing these breakthroughs and reshaping the boundaries of blockchain-driven AI technology.
Working together with NEAR Foundation, a pioneer in AI research and nurturing skills via the Horizon AI incubator, DWF Labs aims to assist innovators in realizing their visions. The Horizon incubator has already propelled numerous teams towards completing the program, securing venture capital and creating impactful AI solutions.
$20 million AI Agent Fund of DWF Labs onboards partners
More recently, DWF Labs initiated a $20 million fund, the AI Agent Fund, aimed at speeding up advancements in autonomous artificial intelligence technology.
Utilizing NEAR’s distinctive features like smart contracts, chain signatures, and intents, DWF Labs intends to facilitate the creation of AI agents that can be verified as truly decentralized. At present, NEAR is the sole blockchain environment providing a broad range of resources for developers working on autonomous AI projects.
In my role as an analyst, I’m excited to share that DWF Labs will be deepening our partnership with builders within the NEAR ecosystem. This collaboration extends to working hand-in-hand with DeFi protocols on NEAR, with a primary focus on launching AI agents tailored for the financial sector. This strategic move is designed to enhance NEAR’s reputation as the premier destination for groundbreaking decentralized artificial intelligence applications, solidifying its position as a leading player in this space.
Previously mentioned by U.Today, DWF Labs revealed several funds in the year 2024, encompassing ventures dedicated to the meme coin market, Asian Web3 developers, among others.
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2025-01-15 17:18