Odaily News Endless Web3, a distributed intelligent component protocol, announced the completion of a $110 million financing, with a project valuation of $1 billion after the financing. The investors in this round are mainly several institutions and well-known investors including Foresight Ventures.
The financing plan will be used to accelerate the development of Endless's componentized development platform, AI Agent tool chain and ecosystem construction, as well as key aspects of project development such as project product research and development, ecosystem development support, long-term development reserves, market and strategic cooperation, to promote Endless to become a super connector from Web2 to Web3, AI and Web3.
Endless is a distributed intelligent component protocol that aims to lower the threshold for Web2 applications to transform to Web3, provide developers with a one-stop Web3 application development platform, and provide users with a Web2-level experience. Endless is equipped with a public chain that supports the Move language, and integrates a variety of AI large model capabilities and plug-ins. It is committed to becoming the best connector for AI and Crypto, allowing developers to build Crypto AI applications more simply and quickly.