Decentralized Cloud Computing Platform Swan Chain Closes New Multi-Million Dollar Funding Round Led by Optimism Foundation

Swan Chain, a decentralized cloud computing platform, recently announced the completion of a new multi-million dollar funding round led by Optimism Foundation for $850,000, with additional investments from early stage investors such as Waterdrip Capital.

Swan Chain is an AI DePIN infrastructure project based on OP Stack, which takes the lead in integrating Web3 with AI by providing a full range of solutions covering storage, computation, bandwidth, and payment, etc. Previous rounds of investment include Binance Labs, SNZ, Chain kink, Protocol Labs, etc. Swan Chain is the first AI DePIN infrastructure project based on OP Stack, and is the first to integrate Web3 with AI by providing comprehensive solutions covering storage, computation, bandwidth, and payment.

It is reported that Swan Chain's main network was launched in early July, and currently has more than 150 ecological partners and more than 100 AI applications. The project is planning to launch SWAN tokens in the second half of this year to further improve the ecosystem and incentive mechanism.