MyShell announced the completion of a $5.6 million angel round financing to build a decentralized AI-native application platform

ChainCatcher news, MyShell is focused on creating and discovering interesting AI-native applications, and will gradually achieve decentralization of models, data, and computation in its future development. Today, the company successfully raised $5.6 million in a seed round led by INCE Capital, with participation from Folius Ventures, Hashkey Capital, SevenX Ventures, TSVC, OP Crypto, and others. Binance Labs also officially announced MyShell's entry into the sixth incubation program.

It is reported that these funds will primarily be used to develop proprietary AI models and to build a powerful creative workshop for AI-native applications, thereby gradually forming a thriving creator ecosystem on the blockchain.