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

Yupp Secures $33 Million to Enhance AI Evaluation with Blockchain Technology

user avatar

by Giorgi Kostiuk

17 hours ago


Yupp, a platform for AI model evaluation, has raised $33 million in seed funding led by venture firm a16z. The platform uses blockchain technologies to crowdsource human preferences and enhance AI systems.

Innovative Approach to AI Evaluation

Yupp allows users to enter prompts, review AI-generated outputs side-by-side, and vote on the best responses. The choices made by participants create signed preference data that can be used to fine-tune AI models. Participants are rewarded for their input, giving them a direct role in shaping model development.

Blockchain for Transparency and Fairness

The Yupp team argues that current AI model evaluation systems are limited by opacity and a lack of user engagement. By combining AI and crypto, Yupp offers a transparent, reward-driven system. The platform generates digitally signed feedback packets that model developers can audit. a16z stated, 'Users get incentives, builders get trustworthy data, and everyone can audit either side of the open market.'

Critique of Existing Governance Models in the Crypto Industry

Miles Jennings, head of crypto policy at a16z, voiced his opinion on current blockchain governance models, stating that they are 'limiting industry growth.' He called for new models that improve responsiveness and accountability.

The Yupp platform represents a significant step forward in AI evaluation by utilizing blockchain and crowdsourcing technologies. This allows users to become crucial participants in the improvement of AI models while ensuring a high degree of transparency and fairness in assessment.

0

Share

Other news

Bitcoin's Resilience Amid Geopolitical Tensions: Market Analysis

Bitcoin shows resilience to market fluctuations amid the Israel-Iran conflict, attracting interest from institutional investors.

user avatarGiorgi Kostiuk

3 minutes ago

XRP Shows Fourfold Capital Increase Compared to Solana

XRP significantly increased its capitalization, reflecting changing investor perceptions while Solana is consolidating.

user avatarGiorgi Kostiuk

4 minutes ago

XRP as a Key Element, Not Just an Asset

This article explores why XRP is a vital part of the XRP Ledger and its impact on system interactions.

user avatarGiorgi Kostiuk

4 minutes ago

Cryptocurrencies: Bitcoin Prices Steady, HYPE Increases by 8%

Bitcoin remains stable amid geopolitical conflicts, while altcoins like HYPE show optimism with notable gains.

user avatarGiorgi Kostiuk

7 minutes ago

BlackRock and Its Strategic Investment in Bitcoin: 3% of Total Supply

BlackRock has acquired 3% of Bitcoin resources, highlighting the growing interest of institutional investors in cryptocurrencies.

user avatarGiorgi Kostiuk

8 minutes ago

Tencent Denies Talks of Nexon Acquisition: Impact on Web3 Strategy

Tencent denies acquisition rumors regarding Nexon, confirming no ongoing discussions. This may influence the company's Web3 initiatives.

user avatarGiorgi Kostiuk

8 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.