Raiinmaker Secures $7.5M Seed Funding to Power Decentralized AI Revolution

Raiinmaker, a Web3 and AI tech firm, has secured $7.5 million in seed funding ahead of its mainnet launch and native token TGE. The funding round drew participation from notable investors such as Jump Crypto, Cypher Capital, GDA Capital, and others. Raiinmaker's network boasts innovative features including a scalable blockchain architecture, decentralized AI tools, and AI-powered smart contracts.

Raiinmaker Secures $7.5 Million Seed Funding for Decentralized AI Technology

Santa Monica, CA, April 4, 2024 - Raiinmaker, a pioneering Web3 and AI technology company, has announced the successful closure of a $7.5 million seed funding round to accelerate the launch of its Mainnet and the initial token generation event (TGE) for its native token $Coiin.

Distinguished Investors Join the Funding Consortium

The funding round attracted notable venture capital firms, including Jump Crypto, Cypher Capital, 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.

Innovative Features Drive Raiinmaker's Success

The Raiinmaker Network boasts an array of innovative features, including a scalable and modular blockchain architecture, robust decentralized AI tools, and AI-powered smart contracts. The company's core mission revolves around the scalable implementation of decentralized AI and Web3 infrastructure to fuel mass adoption solutions in the sports, gaming, and entertainment sectors.

Super App Empowers Users as AI Contributors

Through the Raiinmaker Super App, users can effortlessly train AI models directly from their iOS or Android devices. Fractional rewards are then distributed based on the value of their contributions to decentralized AI models and infrastructure. This democratizing platform enables individuals to participate in AI model training and operate DePIN-enabled validator nodes using only their smartphones, regardless of their location.

Empowering Users to Unleash the Power of AI

"The transformative potential of AI and Web3 technology has the power to uplift humanity to unprecedented heights, and we are thrilled to spearhead this Decentralized AI Technology Revolution," said J.D. Seraphine, Founder and CEO of Raiinmaker.

Distinguished Investors Enhance Raiinmaker's Growth Trajectory

Beyond the aforementioned investors, Raiinmaker's esteemed cap table includes notable names such as 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.

Global Impact through Community Engagement

With over 70,000 app downloads, 150,000 nodes, 18 million transactions processed, and a passionate community exceeding 200,000 members worldwide, Raiinmaker has empowered individuals across the globe to contribute to decentralized AI infrastructure. Users earn cryptocurrency for their contributions, fostering a frictionless and financially rewarding ecosystem.

About Raiinmaker

Raiinmaker is a trailblazing Web3 and AI technology company renowned for developing the Raiinmaker Mobile Application and Raiinmaker Network. The Raiinmaker App is a cutting-edge platform that seamlessly integrates Web3 and decentralized AI, revolutionizing the monetization of user contributions to AI infrastructure. The Raiinmaker Network combines scalable Web3 and AI infrastructure, redefining value creation associated with digital identity, user behavior, and reputation.

The Raiinmaker AI Super App leverages the Raiinmaker Network to provide seamless integration with native Web3 protocol features, such as Identity, NFT minting, token creation, and AI-powered smart contracts.

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