Raiinmaker Raises $7.5 Million to Power Web3 and AI Revolution

Raiinmaker, a Web3 and AI Tech Company, has secured $7.5M in seed funding from investors like Jump Crypto, Cypher Capital, and Gate.io Labs. Raiinmaker Network boasts an innovative blockchain architecture, decentralized AI tools, and AI-powered smart contracts. The company aims to empower mass adoption in sports, gaming, and entertainment through its Super App, which allows users to train AI, earn rewards, and contribute to decentralized AI infrastructure through their smartphones.

Raiinmaker Secures $7.5 Million Seed Funding to Fuel Web3 and AI Innovation

Santa Monica, CA, April 4th, 2024 - Raiinmaker, a groundbreaking Web3 and AI technology company, has announced the successful closing of its $7.5 million seed funding round. This investment will propel the company's mission to revolutionize mass adoption of Web3 and AI technologies in sports, gaming, and entertainment.

The seed funding round was led by industry giants Jump Crypto and Cypher Capital, with contributions from an esteemed group of investors including GDA Capital, Gate.io Labs, London Real Ventures, MEXC Global, Krypital Group, Alphabit, Launchpool, New Tribe Capital, Coach K, Axia 8 Ventures, Sheesha Finance, Andromeda Capital, Arcanum Capital, Bella Capital, and Alpha Sigma Capital.

Empowering Mass Adoption through Decentralized AI

Raiinmaker's core focus lies in democratizing access to AI and Web3 technologies. Through its innovative Raiinmaker Network, the company offers a scalable and modular blockchain architecture, decentralized AI tools, and AI-powered smart contracts. This unique ecosystem allows users to contribute to decentralized AI models and infrastructure directly from their iOS or Android devices.

"The convergence of AI and Web3 has the power to reshape the world as we know it," said J.D. Seraphine, Founder and CEO of Raiinmaker. "We believe that Raiinmaker's accessible and inclusive approach will usher in a new era of mass adoption, empowering individuals to participate in the growth and development of AI and Web3 technologies."

Raiinmaker Super App: Unleashing the Power of Decentralized AI

The Raiinmaker Super App enables users to train AI models using their smartphones, contributing to the development of decentralized AI infrastructure. Through fine-tuning and data labeling, users can participate in the same stable diffusion models that drive the creation of captivating AI art. For each contribution, users earn fractional rewards based on the value of their input.

Global Impact with a Passionate Community

Raiinmaker has already gained significant traction, with over 70,000 app downloads, 150,000 nodes, and 18 million transactions processed. Its engaged community of over 200,000 individuals worldwide is testament to its mission of empowering people to contribute to decentralized AI infrastructure without requiring specialized technical knowledge.

About Raiinmaker

Raiinmaker is a transformative Web3 and AI technology company that has pioneered the development of the Raiinmaker Mobile Application and Raiinmaker Network. The company's mission is to accelerate the mass adoption of Web3 and AI, creating new opportunities for individuals and businesses alike.

Raiinmaker's investor cap table boasts a diverse range of industry leaders, including DCI Capital, Seed Thrift Ventures, Titans Ventures, WeeHodl, Kopman Capital, 7 O'Clock Capital Fund, Spicy Capital, NxGen.xyz, Absoluta Digital, Candaq, Mainchain Ventures, Panda Capital, Stealth Capital, Taisu, K300, Tulpar Capital, Acacia Digital, Simurg Labs, Gemhead, Alpha Capital, Green Arrow Ventures, Basics Capital, Legion Ventures, Coinvestor Ventures, Simplicity Blockchain, Aza Ventures, Transform Capital, Khan's DeFi Kitchen, HC Capital, Crypto Roundtable, Gemhead Capital, and Metazero Capital.

For more information, visit Raiinmaker's website: https://raiinmaker.com/.

Contact

Kris Seraphine
Head of Marketing, Raiinmaker
kris@raiinmaker.com