• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Nevermined Raises $4M for Decentralized AI Payments

user avatar

by Giorgi Kostiuk

4 months ago


Nevermined announced securing $4 million in funding to develop its decentralized AI payment infrastructure, led by Generative Ventures with participation from other venture funds.

Funding and Project Goals

Nevermined raised $4 million to advance AI transactions. Leading the funding was Generative Ventures, with contributions from Polymorphic Capital, Halo Capital, and Arca. The project aims to create a financial system for autonomous AI agents.

Role of AI Agents in Economy

AI agents are software programs designed to perform tasks on behalf of humans or other systems. Utilizing artificial intelligence, they react, negotiate, and make decisions autonomously. In industries such as banking, healthcare, logistics, and e-commerce, AI agents help optimize processes and conduct transactions autonomously. However, existing financial systems aren't ready for the high-frequency and autonomous nature of such interactions.

Innovations and Future of AI Payments

Nevermined plans to implement Multi-Agent Payments (MAP) and a dynamic pricing engine for AI services. These innovations will enhance the management of dynamic AI interactions, fostering an open infrastructure for the AI economy. Experts see this as a step towards an era where billions of AI transactions occur without human oversight.

Nevermined’s initiative represents a move towards creating decentralized payment systems for autonomous AI agents, helping to bridge gaps in traditional infrastructure and support the growth of AI-based economic activity.

0

Share

Other news

MAGACOINFINANCE: Crypto Investors Turning Attention to New Token

The cryptocurrency MAGACOINFINANCE is drawing attention as XRP and Solana continue to show strength.

user avatarGiorgi Kostiuk

7 minutes ago

AI Agents from Unstaked: Revolutionizing Crypto Usage

Unstaked introduces AI agents that promise automation and real results for users in the crypto world.

user avatarGiorgi Kostiuk

11 minutes ago

Michael Saylor: BlackRock IBIT Could Become the Largest ETF in the World

Michael Saylor predicts BlackRock's Bitcoin ETF will rank first among ETFs within ten years.

user avatarGiorgi Kostiuk

27 minutes ago

DeFi Development Corp Plans to Raise $1 Billion for Solana Token Purchases

DeFi Development Corp files with SEC to raise $1 billion targeting an increase in its Solana token holdings.

user avatarGiorgi Kostiuk

28 minutes ago

Raphael Coin Unveils Tokenized Renaissance Piece: A New Era for Art

Raphael Coin has launched the token 'Recto: Study for the Battle of the Milvian Bridge', offering fractional ownership of a Renaissance artwork.

user avatarGiorgi Kostiuk

28 minutes ago

MAGACOINFINANCE: New Opportunities and Growth Predictions

Analysis of the growing interest in MAGACOINFINANCE and the opportunities it offers against other cryptocurrencies.

user avatarGiorgi Kostiuk

30 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.