Nectar AI, a significant other developer of Web3 AI immersion, announced the completion of a $3.90 million funding round, led by Mechanism Capital and Karatage, with Synergis, Maelstrom (Arthur Hayes), Builder Capital, Baboon and Decima, as well as Dao5 co-creator Tekin Salimi and George Lambeth, YGG co-creator Gabby Dizon and other crypto industry players participating. Nectar AI uses generative AI and Web3 fusion to build multi-modal AI partners, with creators owning full IP ownership of assets and license-free monetization. The company plans to release an on-chain artificial intelligence proxy agreement by the end of the year.