The decentralized data layer Poseidon has completed a $15 million financing round, led by a16z

ChainCatcher news, according to The Block, the decentralized data layer Poseidon has completed a $15 million funding round, led by a16z.

It is reported that Poseidon is built on the Story Protocol and aims to unlock high-quality training data for the "next generation of entity AI." Poseidon is incubated by the Story team and is dedicated to solving the challenges of acquiring high-quality, usable, and legally authorized training data in the AI field.

Chris Dixon, founder of a16z Crypto, stated that Poseidon's decentralized data layer will establish a new economic foundation for the internet, incentivizing creators and suppliers to provide diverse data inputs for the next generation of intelligent systems. The project will offer AI developers access to IP-secure and legally compliant training data through the programmable intellectual property layer and immutable registry of the Story protocol.