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MyShell Backed by Binance Labs, with an investment secured on August 15, 2024.
Decentralized AI ecosystem MyShell announced it has secured investment from Binance Labs Incubation Program Season 6. MyShell is committed to building an open AI ecosystem, empowering everyone to easily create, own, and share AI applications.
Upholding the principle of fairness, MyShell provides AI creators with open collaboration opportunities, convenient tools, and an equitable revenue-sharing mechanism through its four core components: an open-source model layer, an AI creator platform, an AI app store, and an incentive network. This fosters the inclusive development and accessibility of AI technology.
Yi He, Co-Founder of Binance and Head of Binance Labs, said: "Binance Labs highly recognizes the growth potential of AI technology and continuously supports AI-powered application innovation. We look forward to MyShell building a thriving creator economy based on AI and crypto."
Ethan Sun, Co-Founder of MyShell, said: "MyShell focuses on building composable and multimodal AI primitives with real-world applications and is honored to receive strategic support from Binance Labs. Together, we are committed to creating an open ecosystem that revolutionizes traditional AI production."
