ChainGPT, an AI-powered Web3 infrastructure provider offering a diverse range of tools and services, has unveiled a grant program aimed at fostering innovation at the intersection of AI and blockchain.
With a pool of up to $1 million available for startups at various stages of development, ChainGPT will provide three tiers of funding: scaling-focused growth grants, builder grants for early-stage initiatives, and research grants for newly launched projects.
The potential synergies between AI and blockchain, as highlighted by Ethereum founder Vitalik Buterin, have sparked interest in exploring constructive use cases for AI in the Web3 domain. However, the centralized nature of AI poses challenges to the decentralized ethos of blockchain and Web3. Overcoming these obstacles requires a focus on research and development, as well as fostering industry dialogue and education.
The grant program aligns with ChainGPT’s mission to enhance the blockchain space with AI-powered solutions and support Web3 developers creating AI technologies tailored for blockchain applications. By removing entry barriers for startups, the program aims to empower innovation and provide resources for startups to leverage AI technologies effectively within blockchain.
A key feature of the grant program is access to the ChainGPT ecosystem, including AI-powered tools such as APIs and SDKs. These tools enable startups to build AI-powered applications, tools, and products, whether through plug-and-play solutions via APIs or customized approaches using the SDK.
Startups can apply for grants through an online application process, with ChainGPT evaluating eligibility, potential impact, and fit before making final decisions. Grants of up to $50 thousand are available, with ChainGPT committing a total of $1 million in grants distributed in USDT and credit for its suite of products.
Already, several projects have received grants from ChainGPT, including Kryptomon, GT Protocol, Cookie3, and AITECH, each offering innovative solutions within the Web3 space.
ChainGPT offers a comprehensive suite of tools and services, including a smart contract generator and auditor, advanced AI trading, an NFT generator, and an AI-powered security extension. Recognized for its strategic mentorship and support for Web3 startups, ChainGPT aims to foster innovation and drive advancements within the AI-blockchain space.
Ilan Rakhmanov, CEO and Founder of ChainGPT, emphasizes the company’s commitment to supporting innovation through its grant program, offering not only financial backing but also promotional support, technical guidance, and partnership opportunities. This initiative aims to encourage the next wave of digital innovation and pave the way for a more robust Web3 ecosystem where AI and blockchain unlock new possibilities.
About ChainGPT:
ChainGPT is a leading provider of AI-powered infrastructure for crypto, blockchain, and Web3. Offering a range of tools and services, ChainGPT integrates large language models with blockchain technology to build advanced and accessible solutions. With strategic partnerships and recognition from tech leaders, ChainGPT is at the forefront of technological innovation, advancing the use of AI within the blockchain space.
