Swarm's AI Verification Network Sparks a Trust Revolution With $13M Boost

Swarm Network has announced the successful completion of a $13 million funding round aimed at accelerating the development of its decentralized AI verification protocol. The funding comprises $10 million from a public Agent License Sale conducted on the Sui blockchain and $3 million in strategic support from investors including Sui, Ghaf Capital, Brinc, Y2Z, and Zerostage. The funding was part of Swarm’s participation in the inaugural cohort of SuiHub’s Dubai-based global accelerator, which received over 630 applications from 152 countries, demonstrating the program’s rigorous selection criteria [1].

The Agent License Sale, which has so far sold over 10,000 licenses, is central to Swarm’s AI Agent Layer. These licenses function as operational keys that allow license holders to earn daily rewards by contributing to the network’s verification process. Each license plays a role in maintaining the integrity of Swarm’s decentralized verification system, which seeks to transform off-chain data into verifiable on-chain information. The network’s framework aims to enable a globally distributed verification ecosystem, where accurate information is a shared and monetizable resource [1].

Swarm’s upcoming release of the Agent BUIDL feature will allow license holders to further customize and train their AI agents to perform specific verification tasks. This functionality is expected to enhance the efficiency and adaptability of the AI agents, reinforcing the platform’s ability to foster a collaborative, incentive-driven environment for information verification [1]. Sui co-founder Kostas Chalkias expressed strong support for the project, noting that Swarm’s work aligns with broader industry needs for robust AI infrastructure and that the team has shown a clear appeal in the emerging space of AI startups [1].

The platform has already demonstrated traction through its universal AI solution for fact-checking, known as Rollup News. As of the latest reports, the tool has attracted over 128,000 users who have verified more than 3 million posts. This success highlights the growing demand for decentralized fact-checking tools in an increasingly information-saturated digital landscape [1]. Swarm’s decentralized model is designed to promote transparency and trust by leveraging AI-human symbiosis in the verification process, enabling smarter decision-making and reducing the spread of misinformation.

Swarm Network is a blockchain-based platform that allows users to build, manage, and scale AI agent clusters and swarms without requiring coding expertise. Its infrastructure aims to address key challenges in digital information integrity, particularly in environments where misinformation is rampant. The project's collaboration with Sui and its inclusion in the SuiHub accelerator underscore the importance of decentralized infrastructure in the AI space, particularly as demand for scalable and secure verification systems continues to grow [1].

Source:

[1] Swarm Network Secures $13M With Support From Sui To Advance Decentralized AI Verification (https://blockchainreporter.net/swarm-network-secures-13m-with-support-from-sui-to-advance-decentralized-ai-verification/)