According to Fortune, as reported by ChainCatcher, crypto startup Camp Network has completed a $25 million Series A funding round, led by venture capital firms 1kx and Blockchain Capital, with participation from OKX, Lattice, and Paper Ventures. Camp Network is building a blockchain platform to help content creators store and license their intellectual property to address the issue of AI models misusing copyrighted content.
This funding round is in the form of equity financing and includes a token warrant, which is a promise to issue cryptocurrency in the future. According to Nirav Murthy, co-founder and co-CEO of Camp Network, the valuation of the startup's Token could reach up to $400 million in this funding round.
