MyShell raises $11 million for blockchain-based decentralized AI agent platform

my shella Tokyo-based company that provides a blockchain-based decentralized artificial intelligence platform for users to create productivity apps and chatbots, said it raised $11 million in early-stage funding on Wednesday. Announced.

The pre-Series A round was led by Dragonfly Capital, with participation from Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent, Nomad Capital, and OKX Ventures. This new funding brings the total amount raised by the company to $16.6 million.

MyShell’s platform gives creators the ability to build and deploy their own AI applications within the company’s ecosystem. The ecosystem uses blockchain technology and cryptography to provide incentives for app creation. As users interact with the app, crypto tokens are generated as royalties to creators that can be bought, sold, and traded.

While the platform can be used to create productivity apps, many of its users’ creations are AI companions, such as an AI girlfriend chatbot in the lineage of feminine cartoon characters. The application layer provided by MyShell allows creators to easily develop their own AI chatbots that imitate characters from anime, fiction, and historical figures and act as conversational chatbots and deploy them to their services. Masu.

To help users build apps and chatbots, MyShell has a “Workshop” product where users build AI agents using prompts, and a no-code AI workflow builder called “Makerspace” for creators. Offers. According to the company, the platform already has more than 1 million registered users of chatbots and apps, and more than 50,000 creators.

“MyShell is poised to revolutionize the AI ​​creator ecosystem,” said Ethan Sun, CEO of MyShell. “With this new funding, we will not only expand our business, but also accelerate our movement toward a more open, collaborative, and democratic AI environment.”

The company said its focus on open source and distributed development has already led to several projects being launched from the platform.These include: open voicea voice clone AI model with over 15,000 stars on GitHub. Melo TTS, an open source text-to-speech solution that mimics the human voice.and irisan open-source agent framework for AI development workflows.

The company plans to use the new funding to continue developing its open source AI foundation model, work with creators to build AI agents, build an AI asset trading platform, and further support the open source community. Stated.

Image: Pixabay

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