{"id":813131,"date":"2024-12-19T22:18:50","date_gmt":"2024-12-20T04:18:50","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/19\/skynet-secures-1-2-m-pre-seed-round-to-build-the-worlds-resource-blockchain-for-ai-agents\/"},"modified":"2024-12-19T22:18:50","modified_gmt":"2024-12-20T04:18:50","slug":"skynet-secures-1-2-m-pre-seed-round-to-build-the-worlds-resource-blockchain-for-ai-agents","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/19\/skynet-secures-1-2-m-pre-seed-round-to-build-the-worlds-resource-blockchain-for-ai-agents\/","title":{"rendered":"Skynet Secures $1.2 M Pre-Seed Round to Build The World\u2019s Resource Blockchain\u2122 for AI Agents"},"content":{"rendered":"
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Skynet<\/b><\/a>, a decentralised protocol that enables AI agents to access and pay for products and services around the world, announced that it has raised $1.2 million in pre-seed funding with contributions from angel investors from Github, Polygon, Veracode, and Monotype. The company wants to use this funding to continue developing \u2018The World\u2019s Resource Blockchain\u2122\u2019, that connects global resources, empowering AI agents to make payments and carry out real-world tasks across different platforms worldwide.\u00a0<\/span><\/p>\n

There is a lot of promise and talk of AI agents, with major corporations such as Google introducing its first-ever AI agent Project-Mariner. However, the amount of meaningful actions these agents can take is limited due to its access restrictions to usable resources and tasks such as obtaining API keys, navigating OAuth credentials, or completing KYC requirements that often require human intervention.\u00a0<\/span><\/p>\n

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\u201cBusinesses today are designing for human users, but the next big wave is designing for AI agents,\u201d<\/i><\/b> said Vishnu Korde, Founder and CEO of Skynet. <\/span>\u201cSkynet\u2019s resource blockchain enables agents to access services, execute payments, and engage with apps that would generally require human intervention.\u201d\u00a0<\/i><\/b><\/p>\n<\/blockquote>\n

Skynet\u2019s solution addresses a critical challenge: AI agents often cannot take meaningful actions due to fragmented systems, lack of access to financial instruments, and complex onboarding requirements like<\/span> KYC<\/b><\/a> and API credentials. By providing Smart Access Points, Skynet enables agents to interact with global services\u2014including Booking.com, AWS, StackAI, Shopify, and others\u2014transparently and autonomously.\u00a0<\/span><\/p>\n

Skynet\u2019s interface enables AI agents to access resources, execute transactions, and engage with decentralized applications (dApps) across various virtual machines (VMs) without the need for multiple wallets, gas tokens, or bridging mechanisms. This enables seamless interactions across multiple blockchains and expands AI agents\u2019 access to a broader range of services.<\/span><\/p>\n

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\u201cSkynet is laying the groundwork for a future where AI agents can interact easily with resources across the globe,\u201d<\/i><\/b> said Venkat Yetrintala, Chief Technology Officer at Monotype.<\/span> \u201cThrilled to support their mission to change how businesses and AI interact.\u201d\u00a0<\/i><\/b><\/p>\n<\/blockquote>\n

Built on Arbitrum\u2019s Orbit chain, Skynet\u2019s diverse payment and tracking mechanisms allow AI agents to execute real-life transactions such as purchasing flights, booking accommodations, managing financial portfolios, and more.\u00a0<\/span><\/p>\n

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\u201cThere will be at least as many AI agents by 2030 as there are humans on the planet,\u201d <\/i><\/b>says Vishnu Korde, CEO at Skynet <\/span>\u201cWe expect these AI agents to be the new consumers acting as a proxy on behalf of humans \u2013 a challenge no organization is currently prepared to address.\u201d\u00a0<\/i><\/b><\/p>\n<\/blockquote>\n

The company emphasizes its focus on practical, real-world applications rather than speculative trends. While blockchain underpins its infrastructure, the primary aim is to address long-term challenges associated with AI agent adoption and the future of the Agent Economy.<\/span><\/p>\n

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\u201cThe AI \u2018bull market\u2019 is just beginning, and its growth will outlast any crypto market cycle,\u201d<\/i><\/b> said Ravikant Agrawal, Director of Growth at Polygon Labs. <\/span>\u201cSkynet is purpose-built to enable AI agents to perform real-world actions, a necessity that will only grow as the agent economy accelerates over the next decade.\u201d\u00a0<\/i><\/b><\/p>\n<\/blockquote>\n

About Skynet<\/b><\/h4>\n

Developed by DeCloud Labs and built on Arbitrum Orbit, Skynet is the world\u2019s resource blockchain, providing a decentralized protocol that enables AI agents to autonomously access global resources. Through its Smart Access Points, Skynet empowers AI agents to tap into the services of any web2 or web3 organization, interact transparently and autonomously with resource providers, and execute transactions, enabling an AI agent-driven economy where autonomy, scalability, and efficiency drive innovation across industries. For more information about Skynet, visit their website or follow them on <\/span>X<\/b><\/a>.<\/span><\/p>\n

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Disclaimer:<\/strong> This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content. <\/p>\n

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Skynet , a decentralised protocol that enables AI agents to access and pay for products and services around the world, announced that it has raised $1.2 million in pre-seed funding with contributions from angel investors from Github, Polygon, Veracode, and Monotype. The company wants to use this funding to continue developing \u2018The World\u2019s Resource Blockchain\u2122\u2019<\/p>\n","protected":false},"author":1,"featured_media":813132,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23916,140264],"tags":[],"class_list":["post-813131","post","type-post","status-publish","format-standard","has-post-thumbnail","category-secures","category-skynet"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/813131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=813131"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/813131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/813132"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=813131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=813131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=813131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}