Swarm Network has successfully raised $13 million to develop a decentralized artificial intelligence verification protocol. The funding includes $10 million generated through NFT-based agent licenses, allowing holders to earn daily rewards by operating agents that maintain the network. Additionally, the project secured $3 million from strategic investors such as Sui, Ghaf Capital, and Brinc through its participation in the SuiHub global accelerator in Dubai. Swarm Network aims to create a system that converts offchain data into verifiable onchain information, with early adoption seen in the AI-powered fact-checking solution Rollup News, which has verified over three million posts for 128,000 users. The increasing intersection of blockchain technology with AI is drawing significant investor interest, leading various crypto ventures to explore AI capabilities. The anticipation of AI bots or agents taking on more responsibility within decentralized communities is cited, emphasizing the potential for decentralization to enhance the trustworthiness of AI applications.

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