ritual

ChainCatcher news, the privacy-preserving computing network Nillion officially stated on platform X that Nillion is not another AI token, but the infrastructure required for all AI agents to handle private data. Pioneers in the AI agent field (Virtuals, Capx, Ritual) have chosen Nillion as their privacy solution.Without good data, AI agents will be at a loss. But no one is willing to expose their valuable data. Practical agents need access to more than just Twitter information; role agents should be able to share private thoughts and memories with each other. Nillion is dedicated to solving this problem. Blind computation will allow AI agents to store and process encrypted data without needing to decrypt it.Currently:Over 40,000 users are using the AI Lingo integration;3 leading AI platforms are in the process of integration;Although the mainnet has not yet launched, its ecosystem is growing rapidly.AI agents need access to private data to scale. This is why Virtuals, Capx, and Rituals have invested development resources into privacy infrastructure earlier than other companies.Previous news, the privacy-preserving computing network Nillion's mainnet will launch this February, with total funding exceeding $50 million.

ChainCatcher news, multi-strategy hedge fund Citadel founder and CEO Kenneth Griffin stated in an interview that he regrets not investing in Bitcoin early. He believes that cryptocurrencies like Bitcoin are "an intangible asset whose value comes from intangible factors." Part of it is a sense of community belonging, and part of it is a symbol of "anti-establishment." People derive a certain satisfaction from it.During this election cycle, the American people are saying, "I want to have control in my life," and cryptocurrency is part of that.Additionally, regarding Trump's economic policies, Griffin stated that tariff policies are not a major issue because "the BRICS countries will not detach from the dollar in the next four years." At the same time, Griffin believes that the independence of the Federal Reserve is very important for the dollar's status. "I have always publicly supported the opposition between Powell and Trump, not just in recent months, but for many years."

ChainCatcher news, the decentralized AI project Ritual has launched its Ritual Chain testnet, which will provide a platform for building AI-native applications. The team also announced the establishment of an independent Ritual Foundation to provide education, community, and financial support for patchers.

ChainCatcher message, the decentralized AI computing platform Ritual tweeted that it is bringing AI capabilities to the Arbitrum ecosystem. RitualChain will act as a co-processor for ArbitrumOne and other L2/L3 under the Orbit framework, allowing applications to directly submit AI requests by messaging RitualChain and use the results locally.

ChainCatcher news, according to CoinDesk, the decentralized AI network project Ritual has received millions of dollars in investment from Polychain Capital, which declined to disclose the specific investment amount.According to the crypto data platform RootData, Ritual announced the completion of a $25 million financing round in November 2023, led by Archetype, with participation from Accomplice and Robot Ventures.

ChainCatcher news, at the Oak Grove Crypto 2024 held on April 5, Ritual founding member Saneel mentioned in a speech titled "AI x Crypto: The What, Why and How" that Ritual has created a decentralized AI computing platform, hoping that AI can be used anywhere in the world.Currently, Ritual has launched Infernet, which brings computing on-chain and can be seen as a decentralized oracle network that better optimizes AI. Saneel revealed that Ritual will also explore how to use AI models off-chain in the future.In building a decentralized AI computing platform, Saneel believes there are four very important points: 1) whether decentralization can be guaranteed; 2) how to ensure that when users reach out to model developers to create products, they do not have to worry about stack or model issues; 3) privacy issues, how to ensure that data will not be misused by third parties; 4) incentive model issues, how to ensure that end users can gain benefits from their participation in usage, etc.

ChainCatcher news, AI infrastructure network Ritual founding member Saneel, Virtual Protocol ecosystem leader Matthew, Aki Network co-founder Ming S., and io.net Asia Pacific business development head Asa will attend the "Oak Grove Crypto 2024" conference.It is reported that Oak Grove Crypto 2024 is initiated by Oak Grove Ventures and co-hosted by Polyhedra, Alchemy Pay, Ritual, and ChainCatcher, aiming to gather elites in the Web3 field to discuss and envision the development trends of the industry over the next five years. This grand event is expected to attract 500 to 1000 industry elites, including innovative leaders, technical experts, and industry investors. They will engage in in-depth discussions on popular topics such as AI, DePIN, gaming, crypto payments, and Bitcoin infrastructure.

ChainCatcher news, Yeou Jie, President of Chromia Asia-Pacific, has confirmed attendance at "Oak Grove Crypto 2024" on April 5, 2024, where he will deliver a keynote speech. Chromia is a relational blockchain platform that allows people to easily build decentralized applications in the real world, thereby creating a better world.It is reported that Oak Grove Crypto 2024 is initiated by Oak Grove Ventures and co-hosted by Polyhedra, Alchemy Pay, Ritual, and ChainCatcher, aiming to gather elite individuals in the Web3 field to discuss and envision the development trends of the industry over the next five years. This grand event is expected to attract 500 to 1000 industry elites, including innovative leaders, technical experts, and industry investors. They will engage in in-depth discussions on hot topics such as AI, DePIN, gaming, crypto payments, and Bitcoin infrastructure.

ChainCatcher news, UTXO Bitcoin Ecosystem Fund partner John Riggins has confirmed his attendance at "Oak Grove Crypto 2024" on April 5, 2024, where he will deliver a keynote speech. The UTXO Bitcoin Ecosystem Fund is a world-leading venture capital fund focused on the emerging Bitcoin ecosystem.It is reported that "Oak Grove Crypto 2024" is initiated by Oak Grove Ventures and co-hosted by Polyhedra, Alchemy Pay, Ritual, and ChainCatcher, aiming to bring together elites in the Web3 field to discuss and envision the development trends of the industry over the next five years. This grand event is expected to attract 500 to 1000 industry elites, including innovative leaders, technical experts, and industry investors, who will engage in in-depth discussions on popular topics such as AI, DePIN, gaming, crypto payments, and Bitcoin infrastructure.

ChainCatcher news, the decentralized AI computing platform Ritual has announced the open-sourcing of the toolkit infernet-ml for building machine learning workflows on Infernet.

ChainCatcher news, according to official sources, the decentralized AI network project Ritual has announced a partnership with the restaking protocol EigenLayer. Ritual stated that it is currently building the first AI-native AVS to support Ritual Chain and Infernet for security and decentralization. As part of the partnership, Ritual is developing several new Active Validation Services (AVS), including AI model operations through EigenLayer Operators, model routing services, and more.According to the crypto data platform RootData, Ritual completed a $25 million funding round in November 2023, led by Archetype, with participation from Accomplice and Robot Ventures.

According to ChainCatcher, The Block reported that BitMEX co-founder Arthur Hayes has joined the decentralized AI computing platform Ritual as an advisor.Hayes told The Block that he was not an investor in Ritual before becoming an advisor, but he could not disclose whether he received any incentives for joining the project. He also could not reveal how many advisory roles he has held in the crypto space, nor could he disclose whether he is involved in any other AI projects.It is reported that Ritual was created by a team with backgrounds from companies such as OpenAI, Coinbase, Palantir, Protocol Labs, Polychain, Paradigm, Citadel, and Google. Ritual completed a $25 million funding round last November, led by Archetype, with Accomplice and Robot Ventures participating.

ChainCatcher news, the distributed AI computing platform Ritual announced the completion of a $25 million financing round, led by Archetype, with participation from Accomplice and Robot Ventures. Ritual's goal is to create an "incentive network" to power distributed computing devices to support various applications of artificial intelligence.