Swan Chain completes a new multi-million dollar round of financing, led by the OP Foundation
On September 25th, according to official news, the decentralized cloud computing platform Swan Chain recently announced the completion of a new round of financing of millions of dollars, led by the Optimism Foundation to invest 850,000 US dollars, and early-stage investment institutions such as Waterdrip Capital continue to invest.
According to the introduction, Swan Chain is an AI DePIN infrastructure project built on OP Stack. It integrates Web3 with AI and provides a full range of solutions covering storage, computing, bandwidth and payment. The previous round of investment institutions include Binance Labs, SNZ, Chainkink, Protocol Labs, etc. The Swan Chain mainnet has been launched in early July and currently has more than 150 ecological partners and more than 100 AI applications. The project party plans to launch SWAN tokens in the second half of this year to further improve the ecosystem and incentive mechanism.