ChainGPT, an AI-powered Web3 infrastructure, has introduced a US$1 million grant program for synthetic intelligence (AI) and blockchain expertise innovation.
The initiative, introduced Monday, will present chosen startups with entry to ChainGPT’s suite of blockchain instruments, together with software programming interfaces (APIs) and software program growth kits (SDKs), to facilitate growth and scalability.
The grant program comes amid rising curiosity about combining AI with blockchain, as highlighted by Ethereum founder Vitalik Buterin’s latest feedback on the potential synergies between the 2 applied sciences.
ChainGPT mentioned in its press launch that its goal is to handle the challenges of integrating AI’s centralized nature with the decentralized ethos of blockchain and Web3.
ChainGPT’s grant program is part of its broader mission to boost the blockchain area with AI-powered options. Startups can apply for grants of as much as US$50 thousand, with a complete of US$1 million in grants to be distributed.
This system has already attracted purposes, with early grant recipients together with Kryptomon, GT Protocol, Cookie3, and AITECH.