Swan Cloud

FilSwan, now rebranded as SwanChain, is a computing provider for Web3 and AI projects, positioning itself as a Layer 2 solution for artificial intelligence. The company was founded in 2021 by Charles Cao. Before establishing SwanChain, Charles Cao founded FilSwan, and he also has experience as an angel investor with the Jove Capital Fund. His background in both investment and the technical aspects of the blockchain space appears to drive the company's direction.

SwanChain operates as a decentralized cloud computing platform, offering a suite of services that integrate blockchain with AI. Its core product, the Swan Chain, is an Ethereum Layer 2 optimistic rollup that is compatible with the Filecoin Virtual Machine (FVM), designed to provide computing power for AI model training and deployment. This infrastructure aims to address the high costs and complexities associated with traditional cloud providers like AWS, particularly for AI and DePIN (Decentralized Physical Infrastructure Networks) projects. The business model is centered on providing cost-effective and scalable computing resources. Revenue is likely generated from fees for processing transactions and utilizing the computing and storage resources on its network.

The platform's key service is its Multi-Chain Storage, which allows users to store data on various decentralized storage networks, enhancing data portability and accessibility. Another significant offering is the Swan Orchestrator, a tool that acts as a matchmaker between users needing computing resources and providers who have them available. This system automates the process of finding and deploying computing jobs, streamlining workflows for developers. By focusing on the intersection of AI and Web3, SwanChain targets developers and organizations that require robust, decentralized, and affordable computing infrastructure for building and running their applications. The company has secured investments from prominent venture capital firms such as Binance Labs and Protocol Labs, underscoring investor confidence in its approach. Keywords: AI computing, Layer 2 blockchain, decentralized cloud, Web3 infrastructure, DePIN, decentralized storage, FVM, Ethereum rollup, Multi-Chain Storage, Swan Orchestrator