Skynet Raises $1.2M to Enhance AI Agent Payments Globally

iconKuCoin News
Share
Copy

Based on Cryptonews, Skynet, a decentralized protocol, has secured $1.2 million in pre-seed funding to advance its AI agent payment system. The funding round included contributions from angel investors linked to GitHub, Polygon, Veracode, and Monotype. Skynet aims to develop 'The World’s Resource Blockchain™,' enabling AI agents to autonomously execute payments and perform tasks across platforms. This approach addresses current limitations faced by AI agents due to access barriers like API keys and KYC requirements. Skynet's infrastructure, built on Arbitrum’s Orbit chain, facilitates efficient cross-chain interactions, allowing AI agents to manage tasks such as booking flights and handling financial portfolios. The company positions itself as a key player in the emerging Agent Economy, with predictions of AI agents becoming as numerous as humans by 2030.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.