Foresight Ventures and Morph announced a collaboration to invest in the bAI Fund project. This partnership is pragmatic for the development of both AI and blockchain infrastructure.
Partnership between Foresight Ventures and Morph
Foresight Ventures, one of the leading venture capital firms in cryptocurrency, has teamed up with Morph, a popular consumer-grade Layer 2 blockchain, to co-invest $1 million in the bAI Fund. This marks Morph’s initial foray into AI-driven crypto investments while Foresight continues to pursue its strategy of supporting blockchain infrastructure.
What is bAI Fund?
bAI Fund is the first on-chain investment platform operating autonomously through AI agents. It integrates AI, DeFi, and DAO models, pioneering the concept of 'agent invests in agent.' Initially introduced as a meme token, $BAI has now evolved into a powerful platform token, supporting AI-driven investment strategies, governance, and automation.
Prospects of AI in Blockchain Investments
The collaboration between Foresight Ventures and Morph aims to build AI-powered financial ecosystems like bAI Fund, which are becoming key components of the digital economy. $BAI will serve as the settlement currency for AI-driven financial transactions. A No-Code Agent Builder is planned to launch soon, allowing users to customize AI Agents and participate in the decentralized investment ecosystem.
With the backing of Foresight Ventures and Morph, the bAI Fund project signifies a pivotal moment in the integration of AI and DeFi, highlighting the growing significance of technology in the crypto economy.
