
Written article: 0xjs@:
Although the recent encryption market has been bleak under MT.GOX compensation, Germany/US government sold BTC, etc.VCs are still betting on the encryption marketEssence
This can also be seen from the data that the financing obtained by the encryption project on July 2, 2024 will exceed $ 160 million.
In these projects, the Sentient is the most eye -catching, and one of them is 85 million US dollars, accounting for half of the total financing.
In addition, Sentient has two particularly eye -catching $ 85 million financing.
1. It is a seed wheel financing and is nicknamed by netizens as: redefine the “seed wheel”.2. Investors are particularly luxurious: Founders Fund’s led by the well -known investor of Silicon Valley, Pantera Capital and Framework Ventures, and participating in VCs are also well -known (Ethereal Ventures, Symbolic Capital, Delphi Ventures, Hack VC, Arrington Capital, Primitive Ventures, IDG Capital, Sky9 Capital, Hashkey Capitalo).
So where is the sacredness of sentient?What kind of project is it?Why attract so many top VCs to grab the investment?
What is the sentient?
According to the SENTIENT Foundation, SENTIENT is an AI research organization that is committed to creating a new Open AGI economy for AI builders and creators.SENTIENT is building a platform and protocol, enabling open source AI developers to (1) to monetize their models, data and other innovatives, (2) to jointly build a strong AI, and (3) to become an important important OPEN AGI economy.Related persons.
Sentient believes that the current closed source AI occupies the dominant position of the AI field and focuses huge power on a few organizations.Despite the existence of open source AI, it lacks sufficient motivation to developers, and its performance cannot be comparable to or even surpassing closed source AI.SENTIENT envisages the development of AI in the future is open and transparent, and its access and monetization are decentralized.
From the information disclosed currently, there are very few technical details of the SENTIENT, and there are only some approximate ideas.SENTIENT will build an AI platform. AI developers are the main forces and the main participants. They build strong AI products through innovation and collaboration, relying on the economic coordination provided by the underlying blockchain and incentive mechanism to achieve OPEN AGI.The AI models hosted on the SENTIENT are “open, monetized and loyal” (Open, Monetizable, and Loyal, OML). The OML model will promote the shared Open AGI economy, millions of AI smartmen and billions of AI.User’s downstream applications provide support.
According to Sandeep NailWal, co -founder and founder of Agglayer,SENTIENT will be built on Polygon Agglayer.
Behind the Sentient team and founding
After reading the official information of Sentient, you can find that the core characters of Sentient include the co -founder and Agglayer founder of Polygon. Professor Himanshu Tyagi.
They are the founders of Polygon and EIGENLAYER who have achieved huge success. They are well -known professors in academic circlesTherefore, the huge bet on the top VC is very easy to understand.
As Founders Fund partner Joey Krug bluntly, investing in SENTIENT is mainly investment in the team.
Sandeep Nailwal tells the founding of Sentient:
Not long ago, Sreram Kannan, the founder of Eigenlayer, discussed my thoughts in Dubai, about how encryption solves the centralization and security of AI, and how Polygon can play a role in shaping the major transformation of human beings.I told him, but what would it happen if the AI model is loyal to its creator community?He didn’t laugh.On the contrary, he asked a lot of questions, and I explained my thinking process to him.In the end, he said that this may be huge.He and Professon Professor Pramod Viswanath (he is a co -inventor of Flash OFDM, Flash OFDM is the technology behind 4G wireless standards) and Himanshu Tyagi of Indian Science and Technology (IISC) Himanshu Tyagi shared my thinking, and they are already studying similar things.PRAMOD said that this thinking may give birth to a new branch of AI+cryptography research, and is called AI native cryptography.This study became the Sentient.
It will be built on Polygon Agglayer, and I will help them as the core contributors.This project is very ambitious and has a model loyalty. It tries to solve a problem that has never started in this direction.Through this financing, the Sentient has attracted some of the world’s best AI talents to join, and the AI team is also working with senior talents from Google, DeepMind and other top artificial intelligence companies in the world.If successful, Sentient may change the relationship between humans and AI.Let’s try to build and see how it will develop.
Other contributors are also elites from the session and industry, including::
Why invest in sentient
After the official announcement of obtaining seed wheel financing, the persons in charge of VCs participating in the investment also came out to publish a article about the thinking behind investing in Sentient.
Tommy, the founder of Delphi Digital co -founder and the founding partner of Delphi Ventures:
The Black Box autocratic AI is an enemy in the future, and the global, AI innovation without permission is the goal.The SENTIENT team focuses on the open source model that can be reviewed and constructed all over the world, but combined with encrypted incentives to ensure that capital expenditure costs and value are protected. This is ambitious, but it will be very important if it is resolved.
Framework Ventures:
We just led a round of $ 85 million in financing of Sentient, and a AI research organization for AI builders and creators to build a new open AGI economy.The following is why we are glad to support this team.
The status quo of AI is reminiscent of the closed source software era in 1995.A few organizations occupy a dominant position and concentrated huge power.Open source AI development exists, but lacks sufficient incentive measures and do not allow developers to become equal stakeholders.
SENTIENT enables open source AI developers to (1) to monetize their models, data and innovation, (2) cooperation to jointly build a strong AI, and (3) to become an important interest -related interest in the newly opened AGI economy.We think this will change the rules of the AI community.
SENTIENT is building an AI platform that depends on the underlying blockchain protocol and incentive mechanism.The AI model hosted by the SENTIENT is “open, monetized and loyal” (Open, Monetizable, and Loyal, OML), which means that they are consistent with the community that build them and is performed by blockchain forced.
Founders Fund partner Joey Krug:
We invest in the Sentient mainly to invest in the team, but there are also some interesting topics related to open source and closed source AI.I have known Pramod and Sandeep for many years, and they are super keen technical experts.PRAMOD has done a lot of early work in the wireless network, and has published many novel papers (about extension, network, etc.) in the encryption field.The first time I saw Sandeep was in the Augur era, when we were studying MATIC (now Polygon).I am glad to see his leading Sentient.One of the advantages of Founders Fund is that our partners and the founders of investment projects can have different views. We actually welcome this!
Although I believe that the advantages of open source (even through Natsec adjustments) are greater than the disadvantages, I agree that the following point of view is meaningless to open source AI’s economic benefits today.Software with high capital expenditure is very different from traditional software with low capital expenditure.If you spend $ 10 billion in training a model, you cannot give it free of charge.Our investment in sentient aims to change this situation.They tried to embed encryption technology in LMS (Learning Management System), soIf you do not pay the model cost, you cannot use it.They call it “model loyalty.”In this way, the model can still be open source, but it cannot be used without paying.You can use NVIDIA’s recent TEE trusted hardware to release the MVP of this model.The rough thinking model is open source, but it cannot be used for freeOr things like DRM (Digital Copyright Management).
This is undoubtedly a huge research challenge, but if they solve it, it can actually make the open source AI model monetize.If you can monetize them, capitalist inspiration may promote a more powerful/smarter open source model than under the current paradigm.
PANTERAL CAPITAL partner Paul Veradittakit:
SENTIENT technology will flatten the way for AI’s new era.By promoting the AGI method of open source and community governance, the Sentient will enhance innovation, collaboration and transparency.The goal is to make Sentient not only compete with the existing AI solution, but also redefine the standards for moral AI development and deployment.
Primitive Ventures founder Dovey Wan:
The monopoly control of AI power will drive everyone to fight for data, models, and calculation of autonomy.SENTIENT will challenge the current person and lead the D/ACC movement.We are witnessing the fusion of several trends: binary code has become currency code, machine program becomes social contract program, human language becomes a programming language.This fusion heralds the arrival of a new era.Human needs: embrace the principles of decentralization, transparency, and collective ownership.
PANTERAL CAPITAL partner Franklin Bi:
Let us ensure that Open AI can defeat Openai.In the long run, the open system is better than the closed system.