Decentralized AI L2 Blockchain Network AgentLayer Raises $1.5 Million in Seed Round Funding

AgentLayer
4 min readJun 18, 2024

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Singapore, June 18, 2024 — AgentLayer, a leader in the integration of Ethereum Layer 2 blockchain and AI technology, today officially announced the completion of a $1.5 million Seed Round of funding. This round of funding was jointly participated by well-known investment institutions such as Angel Investors, Web3.com Ventures, MH Ventures, and Zephyrus Capital, marking a high level of recognition by the market for AgentLayer’s technical strength and future development potential. The funds raised will be specifically used for the deep research and development and widespread promotion of the AgentLayer decentralized AI ecosystem, further enhancing its industry influence. In addition, in the coming weeks, AgentLayer will announce more news about the Seed Round Extension, indicating that AgentLayer is about to enter a more exciting new stage of development.

AgentLayer, a leading AI and blockchain integration innovation platform, had previously announced that equity investors in its parent company MetaTrust Labs, including Redpoint Ventures, Granite Asia (i.e., GGV Capital), NGC Ventures, ByteTrade Lab, Hash Global Venture Capital, LongHash Ventures, Fellows Fund, SNZ Holding, Bing Ventures, ABCDE Capital, M23, UVM Signum Blockchain Fund, MEXC, Summer Ventures, and Woori Ventures, as well as strategic investors focusing on decentralized AI such as the aelf public chain, have fully participated in the ecological construction of AgentLayer. They will hold the platform’s digital token $AGENT to jointly promote innovation and development in the field of artificial intelligence, especially to drive the prosperous growth of the Asian AI developer ecosystem and the large-scale deployment of decentralized Multi-Agent coordination networks. This important cooperation marks the high recognition and support of MetaTrust Labs and its investors for the strategic prospects of AgentLayer.

In recent times, AgentLayer has announced the commencement of sales for its premium governance nodes, known as AgentLayer Premium Governance Nodes (APGN), marking a significant milestone in its ecosystem. This initiative is geared towards fortifying network security and governance. APGN holders are poised to reap substantial mining rewards, enjoy advanced governance rights, and more. The initial price for APGN is set at $800, with a specific token release strategy in place.

Holders of APGN nodes will be privy to a range of privileges, including generous $AGENT token mining rewards, advanced governance rights, profit-sharing, and more. Starting from the 3001st node, for every 100 APGN sold, the price will increase by $5, reflecting the growing value and scarcity of APGN. The total issuance of APGN nodes is capped at 20,000, ensuring exclusivity and maximizing the benefits for holders. Within the first week of launch, over 5,000 nodes have been sold, demonstrating strong interest and trust from the community in this governance model.

In addition, AgentLayer is about to launch developer-oriented services including AgentLayer Hub and AgentLayer Studio. AgentLayer Hub provides developers with comprehensive maintenance and management functions for Agents, supporting the import of Agents from AgentLayer Studio or independent environments, publishing them on the chain, and allowing modifications to Agent attributes, subscription management, and querying of on-chain and off-chain data. At the same time, AgentLayer Studio supports developers to visually create conversational Agents or build complex Agent and Multi-Agent workflows through Workflow, and has the ability to connect multiple LLMs, support RAG, and call third-party APIs, providing powerful support for developers in the creation and management of AI Agents.

AgentLayer is an innovative decentralized artificial intelligence L2 blockchain network specifically designed for the collaboration and coordination of autonomous AI Agents. Through its advanced technology stack of AgentChain, AgentOS, AgentLink, and AgentFi, it has built a complete decentralized AI ecosystem, providing AI developers and users with strong technical support and a rich selection of financial products and services. This round of funding and the launch of APGN will jointly promote the innovation and development of AgentLayer in the field of AI and blockchain integration.

About AgentLayer

AgentLayer is an innovative decentralized artificial intelligence Layer 2 blockchain network specifically designed for the collaboration and coordination of autonomous AI Agents. It utilizes large language model (LLM)-driven generative AI technology, enabling AI Agents to make autonomous decisions and complete tasks, reducing reliance on human intervention. Through its advanced technology stack, including AgentChain (a decentralized, secure, and efficient blockchain network), AgentOS (an operating system designed for AI application development), AgentLink (the underlying communication protocol for Multi-Agent), and AgentFi (decentralized financial services), AgentLayer has constructed a complete decentralized AI ecosystem. This ecosystem not only provides AI developers with powerful technical support and a development environment but also offers users a rich variety of financial products and service options. AgentLayer’s vision is to drive innovation and development across various industries and professions through Multi-Agent collaboration.

Contact Information

For any questions or to learn more about AgentLayer, please contact us through the following channels:

Website || Twitter || Telegram || Discord

Website:https://agentlayer.xyz/

Twitter:https://twitter.com/Agent_Layer

Telegram:https://t.me/agentlayer

Discord:https://discord.gg/vZK7fCwp7d

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AgentLayer
AgentLayer

Written by AgentLayer

World's Autonomous AI Agent Blockchain & Network

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