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Blockchain-based AI compute protocol Gensyn closed a $43 million Series A round led by <a target="_blank" href="https://tokeninsight.com/en/capitals/a16z-andreessen-horowitz">a16z</a> with participation from <a target="_blank" href="https://tokeninsight.com/en/capitals/coinfund">CoinFund</a>, Canonical Crypto, Protocol Labs, Eden Block and others. The funds raised will be used to accelerate the launch of the protocol and expand its workforce, including the addition of protocol and machine learning engineers.&nbsp;Gensyn is a provider of blockchain-based computing resources for AI platforms, and the protocol enables developers to build AI systems on smaller data centers, personal gaming computers, and other connected hardware and to pay on demand. Gensysn uses a cryptographic verification network that allows users to determine whether machine learning work shared over the protocol has been done correctly without the need for intermediary.&nbsp;<a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com">news@tokeninsight.com</a>. Your trust will be well respected.

Blockchain-based AI Compute Protocol Gensyn Raises $43M Series A Led by a16z

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