AI blockchain project Swan Chain has just announced that it has received a grant worth 500,000 OP (about $750,000) from the Optimism Foundation.
According to the project, the investment will be used to accelerate the development of high-yield DeFi projects, improve the decentralized finance ecosystem, explore innovative applications of AI technology in DeFi, and enhance developer tools, support innovative research, organize educational events, as well as organize hackathons for developers.'
Swan Chain (SWAN) is an Ethereum Layer 2 platform built on the OP Stack, with the goal of providing optimal infrastructure and resources for building artificial intelligence (AI) and machine learning (ML) models. Previously, in January 2023, the project received Capital from Binance Labs.
Currently, Swan Chain has cooperated with more than 150 ecosystem partners and has more than 100 AI applications, covering areas such as cross-chain bridges, blockchain infrastructure, GPU resource aggregation, DeFi, AI agents and many other areas.
