Lido DAO

Read

Cosmos

<div class="cryptonews">
 <p class="is-style-lead">Private investment firm cyber.Fund has established a new fund aimed at supporting blockchain, artificial intelligence and robotics.</p>
 <p>In a blog announcement, the Belarus-headquartered firm said the new venture aims to support innovative projects that are leveraging robotics-related solutions to ensure a “healthy transformation to a <a rel="noopener noreferrer nofollow" title="cyber" href="https://thebittimes.com/tag/cyber.html">cyber</a>netic <a rel="noopener noreferrer nofollow" title="economy" href="https://thebittimes.com/tag/economy.html">economy</a> that benefits humanity.”</p>
 <p>According to the company, the new $100 million venture fund will be focused on advanced cryptography systems such as zero-knowledge and fully homomorphic encryption, decentralized finance, network states, data marketplaces, robotics, artificial intelligence (AI) systems and other aspects of emerging technological markets.</p>
 <blockquote class="wp-block-quote">
  <p>“We foresee the emergence of a deeply interconnected and automated <a rel="noopener noreferrer nofollow" title="economy" href="https://thebittimes.com/tag/economy.html">economy</a>, radically transforming our current state over the next few decades.”</p>
  <p><a rel="noopener noreferrer nofollow" title="cyber" href="https://thebittimes.com/tag/cyber.html">cyber</a>.Fund co-founder Konstantin Lomashuk</p>
 </blockquote>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Goldman Sachs forecasts dramatic surge in blockchain asset trading volumes by 2025
 </div>
 <p>Founded in 2014, <a rel="noopener noreferrer nofollow" title="cyber" href="https://thebittimes.com/tag/cyber.html">cyber</a>.Fund is led by Konstantin Lomashuk and Vasiliy Shapovalov and has reportedly backed Ethereum, P2P.org, Lido DAO, Dfinity, Cosmos as well as Solana, LazyLedger and other category defining projects. With the latest venture, <a rel="noopener noreferrer nofollow" title="cyber" href="https://thebittimes.com/tag/cyber.html">cyber</a>.Fund anticipates the emergence of scalable blockchain networks, new cryptographic schemes, and an “explosion of intelligent computation from LLMs [large language models].”</p>
 <p>Meanwhile, the crypto market is witnessing a surge in interest in artificial intelligence (AI) tokens, with several digital assets experiencing a 500% growth in 2023. As crypto.news reported, the appeal of AI tokens in 2023 can be attributed to the rapid advancements in technologies and their integration into distributed ledgers, promising new solutions and investment opportunities.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> AI tokens soar in 2023: five lead with over 500% growth
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/lido-dao-investor-cyber-fund-commits-100m-to-accelerate-cybernetic-economy-tbt73765.html">https://thebittimes.com/lido-dao-investor-cyber-fund-commits-100m-to-accelerate-cybernetic-economy-tbt73765.html</a></p>

Lido DAO investor cyber.Fund commits $100m to accelerate ‘cybernetic economy’

TheBitTimes

Other articles published on Dec 15, 2023

The Bitcoin Bull Market Has Begun – Says Crypto Expert Anthony Pompliano

Despite a 13% Y/Y Revenue Decline, Jabil Inc. Posts Strong Core Earnings

99% of US Finance Embraces Crypto in a Frenzy!

Peluang Tumbuh Kripto Solana dan Retik Finance

Shiba Inu Price Prediction For Christmas Day

Solana Regains Pre-FTX Levels Before Bitcoin: Can the SOL Price Reach $300 in 2024?

Join our free newsletter for daily crypto updates!