"Endless Web3 Scores $1M from Foresight Ventures for AI Agents and Decentralized Social Apps"

Generated by AI AgentCoin World
Wednesday, Feb 26, 2025 11:50 am ET1min read

Endless Web3 Genesis Cloud, a distributed intelligent component protocol, has announced a strategic investment of one million US dollars from Foresight Ventures, a leading global crypto-focused venture capital firm. This investment aims to accelerate the development of AI Agents within the Endless ecosystem and support the growth of decentralized social applications like Luffa.

The collaboration extends beyond financial backing, as Foresight Ventures will take an active role in Endless’ governance, future development, and ecosystem expansion. The partnership is set to drive advancements in AI-powered Web3 infrastructure and the development of the AI Agentic Super Intelligent System, reinforcing the commitment to scalable blockchain innovation.

Endless is positioned as the best connector between Web2 and Web3. Powered by the public chain Endless based on the Move language, it provides a high-performance, scalable decentralized infrastructure, as well as an integrated, componentized development platform, which reduces the barriers for Web2 applications transition to Web3, paving the way for the mass adoption of Web3 applications. At the same time, in order to reduce the user’s threshold for using DApp, Endless wallet not only supports registration and login with mnemonic words, but also supports logging in with

accounts; it has also introduced a Web2-resemble user experience and a mechanism where developers can pay gas fees on behalf of users, allowing Web2 users to smoothly experience Web3 applications without knowledge and financial barriers.

Endless is also the best development platform for Crypto AI. It provides rich AI-related component capabilities to help developers quickly build AI Agents, which will further expand the potential of the AI Agent market.

In addition, Luffa, the first social application built on Endless, has been launched. On Luffa, it provides the decentralization and privacy protection of Web3 and realizes a smooth experience like Web2 applications. All user data are protected by end-to-end encryption (E2EE) and are only stored on the user’s own device without centralized backup. Users don’t need to provide any personal information to register, effectively preventing privacy leakage. Users can also easily create their own channels, mini – programs, and AI robots on Luffa. Luffa provides rich community operation functions, and the seamless migration ability between mini-programs and AI Agents also shows huge ecological potential.

Forest Bai, co-founder of Foresight Ventures, expresses, “Social and content platforms

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