Boba Governance Foundation announced a $70 million capital commitment from Awaken Foundation and LDA Capital to develop the Boba Network, a leading Layer-2 blockchain for AI-driven dApps. The funding will fortify core infrastructure, grow the developer ecosystem, and support innovative dApp creation, focusing on AI integration. Key stakeholders, including FTX Recovery Trust, are involved with BOBA tokens. This investment is intended to foster adoption and collaboration to shape the future decentralized web, emphasizing Boba's role in Web3 evolution.
This funding will accelerate the development of the Boba Network ecosystem, attract top-tier talent, and drive the widespread adoption of Boba Network as a premier Layer-2 solution for AI-powered dApps.
This substantial capital commitment from Awaken Foundation and LDA Capital is a testament to the transformative potential of Boba Network.
We are thrilled to support the Boba Governance Foundation in its pursuit of open innovation. Boba's ability to connect smart contracts with off-chain computation—especially AI—unlocks enormous potential across industries.
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