AI training platform FLock completes $3 million strategic round of financing, led by DCG

decentralized AI training platform FLock announced the completion of a $3 million strategic round of financing, with a total financing of $11 million. This round of financing was led by DCG, the parent company of Grayscale, with Lightspeed Faction participating in the follow-up round, and strategic partners such as Animoca Brands, Fenbushi Capital, GnosisVC, GSR Ventures, OKCoinJapan, Bas1s Ventures and A41 also participating. This round of financing will enable FLock to advance the development of democratic AI models and continue to build a decentralized AI training platform. FLock aims to use blockchain technology to solve the problems of lack of transparency, weak data privacy, and unfair rewards for contributors in traditional centralized AI systems. Through its decentralized collaboration model, data is always kept locally, without the need to upload it to a third party, and contributors can fairly share the benefits of data, computing power, and feedback, giving everyone the opportunity to participate in AI development.