Swarm Network has announced funding for its decentralized AI verification protocol.
Funding Summary
Swarm Network has raised a total of $13 million, which includes $10 million from a public license sale on the Sui platform and $3 million in strategic investments from Sui, Ghaf Capital, Brinc, Y2Z, and Zerostage.
SuiHub Accelerator Participation
Investments from Sui, Ghaf, and Brinc were secured through Swarm's participation in the inaugural cohort of the SuiHub global accelerator in Dubai. The program received over 630 applications from 152 countries and 2,452 cities, with an acceptance rate of just 1.3%, highlighting Swarm's strong approach.
Agent Licenses Functionality and Impact
Swarm has confirmed that more than 10,000 licenses have been sold. Each license serves as an operational key for Swarm’s AI Agent Layer, creating a distributed verification ecosystem. Licenses enable operators to earn daily rewards for maintaining network integrity. The forthcoming Agent BUIDL feature will allow users to customize and train their AI agents, enhancing performance and optimizing verification tasks.
Swarm Network continues to develop its infrastructure to combat misinformation and establish trust in the digital age. Their decentralized protocol seeks to make information verification a shared, profitable commodity.
