AI-focused crypto protocol fetch_ai advertises $ 40 million and increases the value of $ FET by 13.9%. Despite downturn, there are positive knowledge and enormous investment opportunities in AI projects. AI technology brings changes in the VC model.

Von Krypto News Österreich

Das Krypto-Protokoll Fetch.ai hat gerade neue Mittel in Höhe von 40 Millionen US-Dollar aufgebracht. Dies wurde von DwfLabs bestätigt. Nach dieser Ankündigung ist der Wert des Tokens $FET um 13,9% auf 0,388 $ gestiegen. Trotz der negativen Auswirkungen des Abschwungs sieht Saqr Ereiqat, Mitbegründer des Venture-Building-Unternehmens Crypto Oasis in Dubai, immer noch positive Aspekte in der aktuellen Situation. Ereiqat betont, dass dieser Umbruch einen strengeren Auswahlprozess ermöglicht und sicherstellt, dass nur die aussichtsreichsten Projekte gefördert werden. Zudem würden die schwierigen Zeiten die Gewinner von den weniger innovativen Unternehmen unterscheiden. Natürlich gibt es immer noch Projekte, die aufgrund mangelnder Finanzierung Schwierigkeiten …
The crypto protocol Fetch.ai has just raised new funds of $ 40 million. This was confirmed by DWflabs. After this announcement, the value of the $ FET token has risen by $ 13.9% to $ 0.388. Despite the negative effects of the downturn, Saqr Ereiqat, co-founder of the venture building company Crypto Oasis in Dubai, still sees positive aspects in the current situation. Ereiqat emphasizes that this upheaval enables a stricter selection process and ensures that only the most promising projects are encouraged. In addition, the difficult times would distinguish the winners from the less innovative companies. Of course there are still projects that difficulties due to lack of financing ... (Symbolbild/KNAT)

The crypto protocol fetch.ai has just raised new funds of $ 40 million. This was confirmed by DWflabs. According to this announcement, the value of the token $ fet rose by $ 13.9% to $ 0.388.

Despite the negative effects of the downturn, Saqr Ereiqat, co-founder of the venture building company Crypto Oasis in Dubai, still sees positive aspects in the current situation. Ereiqat emphasizes that this upheaval enables a stricter selection process and ensures that only the most promising projects are encouraged. In addition, the difficult times would distinguish the winners from the less innovative companies.

Of course there are still projects that have difficulties due to a lack of financing. Ereiqat expresses his sympathy for these companies. He also emphasizes the importance of strategic decisions in such situations.

Ereiqat points out that there are still considerable investments in AI-focused projects. He refers to a 1.3 billion dollar financing round for Inflection AI and sees growing opportunities in the AI ​​startup landscape.

Phillip Lord, President of the Oobit crypto payment platform, is of the opinion that entrepreneurs should concentrate on building companies with sustainable business models and clear sources of income. Lord justifies this by the fact that VCS is forced to invest in projects. He also points out that the VC model experiences a change through AI and can drastically reduce their burn rates by using AI. Lord also predicts that sole proprietors can earn over $ 25 million a year by AI.

Overall, it can be seen that the AI ​​sector still offers promising opportunities and develops despite the downturn. Investments in AI-focused projects are still large and it is expected that the AI ​​startup landscape will grow. However, companies should pay attention to sustainable business models in order to be successful in the long term.