{"id":175466,"date":"2023-10-17T03:36:17","date_gmt":"2023-10-16T22:06:17","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=175466"},"modified":"2023-10-17T03:36:17","modified_gmt":"2023-10-16T22:06:17","slug":"ai-creator-bot-platform-myshell-raises-5-6-million-at-57-million-valuation-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ai-creator-bot-platform-myshell-raises-5-6-million-at-57-million-valuation-crypto-news\/","title":{"rendered":"AI Creator Bot Platform MyShell Raises $5.6 Million at $57 Million Valuation – Crypto News"},"content":{"rendered":"
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MyShell, a platform building the creator economy driven by AI, has announced that it just recently closed a $5.6 million funding round. The\u00a0opBNB-based platform says that the equity-offering seed round was\u00a0based on a valuation of\u00a0$57 million. Investors in the round will get their piece of the company in the form of token warrants.\u00a0 <\/p>\n

The news comes at a time when MyShell is transitioning\u00a0from Polygon\u00a0to opBNB. The latter is\u00a0a Layer 2 network built\u00a0on BNB Chain, and it runs on\u00a0Optimism\u2019s OP Stack or Optimistic rollups technology.<\/p>\n

MyShell\u2019s focus on the creator\u00a0economy<\/h2>\n

Established in April, project is on a mission to catalyse the\u00a0expansion of earning opportunities for creators from all backgrounds. It says that it has attracted over 400,000 users and over 30,000 creators within its short existence, and it has built one of\u00a0the largest AI community on Web3. The latest round, led by INCE Capital, follows one held earlier in the year, which raised $200,000. Other investors in the latest round included\u00a0Folius\u00a0Ventures, Hashkey Capital, SevenX Ventures, TSVC, OP Crypto, and others.<\/p>\n

MyShell wants to be the go-to AI content platform in the whole of the Web3 ecosystem.\u00a0The platform enables its\u00a0users to create their own customised chatbots, known as\u00a0\u201cShells.\u201d\u00a0 To do this, it employs Generative AI technologies, such as\u00a0Large Language Models (LLM), Image Generation, and Voice Cloning. The company\u00a0says that\u00a0it aims\u00a0to create an ecosystem where\u00a0users have full legal rights\u00a0to their creations\u00a0and, equally important, to receive fair\u00a0compensation\u00a0for their efforts.<\/p>\n

The platform serves as a meeting point for creators of AI content bots and content consumers. Here, creators churn out content, and users pay for the products they like.\u00a0MyShell\u00a0says that it will channel most of the funds raised in the latest round\u00a0to build a thriving creator ecosystem on the blockchain, in addition to creating\u00a0proprietary AI models and a Creator Studio. The project is uniquely innovative and has significant\u00a0potential to push the\u00a0creativity industry to new highs, driven by AI, without unfairly hurting creators and users.\u00a0<\/p>\n

MyShell will distribute its native token to\u00a0creators once their\u00a0content bots gain traction. Meanwhile, users will continue to earn by staking\u00a0tokens on top of AI bots.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

MyShell, a platform building the creator economy driven by AI, has announced that it just recently closed a $5.6 million funding round. The\u00a0opBNB-based platform says that the equity-offering seed round was\u00a0based on a valuation of\u00a0$57 million. Investors in the round will get their piece of the company in the form of token warrants.\u00a0 The news […]<\/p>\n","protected":false},"author":2,"featured_media":175467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-175466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=175466"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175466\/revisions"}],"predecessor-version":[{"id":175468,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175466\/revisions\/175468"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/175467"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=175466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=175466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=175466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}