Endless Web3 Genesis Cloud has announced a strategic investment of one million dollars from Foresight Ventures to speed up the development of AI agents and the growth of decentralized social applications.
Strategic Investments and Their Objectives
Foresight Ventures, a leading venture firm, will invest one million dollars to advance AI agents and support decentralized applications within the Endless ecosystem. The partnership involves Foresight Ventures' participation in Endless' governance and development efforts to enhance the Web3 infrastructure.
Endless' Role in Web2 and Web3 Integration
Endless aims to bridge Web2 and Web3 by providing a high-performance decentralized infrastructure and a development platform based on the Move language public chain. This reduces barriers for Web2 applications transitioning to Web3, paving the way for broader adoption. The platform also supports Google account login and allows developers to pay gas fees on behalf of users, simplifying their Web3 application experience.
Development of Luffa on the Endless Platform
The first social application, Luffa, has been launched on the Endless platform, offering decentralization and privacy protection with the ease of Web2. User data is secured with encryption and stored only on personal devices. Luffa enables users to create their own channels and mini-programs, supporting seamless migration between them.
The partnership with Foresight Ventures will accelerate the integration of AI solutions within the Endless system and support decentralized applications, fostering the development of an open and secure digital world.
