AI training platform FLock completes $3 million strategic round of financing, led by DCG

FLock, a decentralized AI training platform, announced the completion of a $3 million strategic round of financing, with a total of 11 million US dollars. This round of financing was led by DCG, the parent company of grey release, and Lightspeed Faction followed up. Strategic partners such as Animoca Brands, Fenbushi Capital, GnosisVC, GSR Ventures, OKCoinJapan, Bas1s Ventures and A41 participated. This round of financing will enable FLock to advance the development of democratic AI models and continue to build a decentralized AI training platform.
FLock aims to use blockchain technology to solve the problems of lack of transparency, weak data privacy, and unfair returns to contributors in the traditional AI centralized system. Through its decentralized collaboration model, data is always kept locally without uploading to third parties. Contributors share the benefits of data, computing power, and feedback fairly, giving everyone the opportunity to participate in AI development.