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High Tech Seed Founded 2024

Nodepay

Nodepay is a decentralized AI training platform that enables users to monetize their unused internet bandwidth by contributing it to a decentralized AI training and development ecosystem. The platform provides real-time data intelligence capabilities and rewards users for their bandwidth contributions through a token-based incentive system, creating a distributed infrastructure for AI model training that leverages…

📍 Hong Kong, China · Blockchain Infrastructure,

Funding snapshot

Last roundSeed
Amount$7M
Date26 December 2024
Total raised$7M
Team size18

About

Nodepay is a decentralized AI training platform that enables users to monetize their unused internet bandwidth by contributing it to a decentralized AI training and development ecosystem. The platform provides real-time data intelligence capabilities and rewards users for their bandwidth contributions through a token-based incentive system, creating a distributed infrastructure for AI model training that leverages underutilized network resources across participating nodes. By crowdsourcing internet bandwidth, Nodepay aims to reduce the cost and centralized dependency of AI training data pipelines, enabling more accessible and distributed AI development. The platform operates at the intersection of blockchain infrastructure and artificial intelligence, using decentralized network architecture to aggregate computing and data resources from individual contributors. Founded in 2024 and headquartered in Hong Kong, China, Nodepay has raised $7.0M in Seed funding from investors including IDG Capital, Elevate Ventures, OPTIC, Mythosventure, IBC Group, Funders VC, Animoca Brands, and Kilombo.

Business model

Blockchain Infrastructure > Blockchain Network > Decentralized AI

Institutional investors

IDG Capital Elevate Ventures OPTIC Mythosventure IBC Group Funders VC Animoca Brands Kilombo Matthew Tan Yusho Liu

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