Edge Matrix Chain
A decentralized infrastructure platform focused on blockchain and edge computing technologies.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $20.0m | Early VC | |
| Total Funding | 000k | ||
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Edge Matrix Chain (EMC) is a Layer-1 blockchain compatible with the Ethereum Virtual Machine (EVM), specifically designed for decentralized AI applications. The company is building a global AI computing infrastructure and an ecosystem hub. EMC's business model revolves around providing a decentralized platform that connects the computing power network with AI decentralized applications (dApps). The company makes money by facilitating transactions and computations on its network. Its clients include AI dApp developers and users who require decentralized computing resources.
The company operates in the intersection of the artificial intelligence and Web3 markets. EMC has developed its own consensus mechanism called Proof of AI Work (PoAW). It also features a launchpad that empowers projects within its ecosystem by offering a decentralized funding platform, which enhances visibility and community engagement.
Keywords: Layer-1 blockchain, EVM-compatible, decentralized AI, DePIN, Web3, computing power, dApps, Proof of AI Work, ecosystem hub, decentralized funding