The AI image generation project IgmnAI is seeking to raise $7.5 million at a valuation of $50 million

ChainCatcher news, according to The Block, the AI image generation project IgmnAI, which was established only 2 months ago, is seeking to raise $7.5 million at a valuation of $50 million. The main product of IgmnAI, Nai, is an AI image generation bot that allows Discord and Telegram users to create artwork through simple text commands.

Additionally, according to CoinGecko data, the IgmnAI project Token IMGNAI is currently priced at $0.01917496, with a 354.2% increase over the past month. (source link)