reppo

The decentralized prediction market network Reppo announced that its Reppo Foundation has received a strategic investment commitment of $20,000,000 from Bolts Capital to support the next phase of development and ecosystem expansion of the Reppo protocol, as well as to promote the use of prediction markets to solve the training data bottleneck issue.Reppo stated that its core concept is to transform human judgment into verifiable, incentivized data sources through prediction market mechanisms, addressing the current challenges in acquiring high-quality data for AI training. The project supports multimodal data processing, including text, images, audio, and video, by building a decentralized data network (Datanets), providing support for model training, evaluation, and fine-tuning.

ChainCatcher news, according to Chainwire, Crypto x AI company Reppo Labs announced the completion of a $2.2 million funding round, with participation from Protocol Labs, CV VC, CMS Holdings, among others, some of which were raised on Echo.xyz. The new funds will be used to develop key infrastructure that enables permissionless collaboration between data owners and AI developers and agents on niche datasets.It is reported that Reppo Labs was spun off from Protocol Labs Venture Studio in March 2024. Reppo is a permissionless network that facilitates seamless collaboration between AI developers and data owners through intent and intellectual property (IP) co-ownership.