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ITRIX secured a seed funding of USD 2 million from Singapore investment firm DE.AI TECH

11-20-2024 10:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: Press Release Agency
ITRIX secured a seed funding of USD 2 million from Singapore

On November 17, 2024, it was reported that ITRIX, a product based on AI + Web3 digital avatars, received $2 million in seed funding from Singaporean investment firm DE.AI TECH. The funding will be used for market operations and promotion of the first-generation version of the ITRIX product.

DE.AI TECH, established in 2022, is a Singapore-based venture capital firm specializing in AI and Web3. The company aims to create a new asset class in the global Web3 and AI space, build an economy where everyone can earn through AI, and establish a fairer digital framework to contribute to an open and diverse world.

ITRIX is a personalized digital avatar powered by computing resources, designed to empower individuals and realize value. It aims to build a decentralized AI ecosystem by integrating a globally distributed computing network, personal digital avatars, privacy protection technologies, and decentralized protocols. The project focuses on promoting the efficient use and sharing of computing resources while ensuring the security and privacy of user data. By enabling everyone to participate and benefit from the AI ecosystem, ITRIX empowers individuals, ensures fair distribution of computing resources, and provides users with control over their data and its value realization. ITRIX not only breaks the monopoly on computing resources but also lays the foundation for the continuous optimization and expansion of decentralized AI systems. Ultimately, the project aims to create an inclusive, data-sovereign, and value-sharing intelligent ecosystem, driving the widespread adoption and advancement of AI technologies.

Core Advantages of the Project:

*
Innovative Technology: The core technology of the DeAI ecosystem, computing network technology, Digital Avatar technology, DEI protocol, and intelligent matrix are all independently developed.

*
Token Economy: Through a token incentive mechanism, the ecosystem encourages healthy development among users across multiple platforms, promotes user participation, and community building, thereby enhancing the ecological value of the project.

*
Professional Team: The technical team, led by a core technology PhD from IBM, possesses extensive experience in AI project management and technology development.

Market analysis shows significant growth potential in the productivity digitization industry, as data and trends indicate a promising outlook. The project development roadmap is clear, covering all stages from product research and development to market promotion, with key milestones expected to be achieved by 2030.

Through this project, hope to drive transformation in the productivity digitization industry or society and create lasting value for users. Itrix sincerely invite investors and community members to join us on this exciting journey, working together to realize the widespread application and implementation of AI + Blockchain digital technologies.

1. Digital Avatar

Itrix allows everyone to have a personalized digital avatar, trained freely based on computational power, empowering individuals and realizing their value.

Itrix is based on a decentralized computing power market, training personalized digital avatars for everyone to maximize personal value. Each digital avatar can possess your skills and creativity, helping you automate tasks and earn income.

If you have unique insights into travel planning, your digital avatar can customize complex travel itineraries, such as planning a trip to Rome, recommending attractions, arranging transportation and accommodations, thereby generating income for you.

If you are a fund manager, your digital avatar can integrate advice and reports from multiple fund managers to create optimized investment portfolio strategies, helping you execute complex investment strategies and receive ongoing returns.

If you wish to address your mental health issues but are shy about communicating with a real-life counselor, your digital avatar can learn your behavioral and emotional patterns. With the help of numerous counselor avatars in the system, it can provide personalized advice to effectively cope with psychological distress and improve your emotional state.

2. AI and Blockchain Integrated Intelligent Matrix

DeAI is the core system architecture and ecological technology for itrix, integrating artificial intelligence and blockchain technologies to maximize their effectiveness.

3. DeAI Technological Ecosystem

Computational Power Integration: DeAI integrates idle computational resources. Through decentralized means, everyone shares computational resources, forming a mutually beneficial ecosystem. Digital Avatar Construction: DeAI constructs personal digital avatars, possessing individual value with digital permanence, and harnessing collective societal value. Data Privacy Protection: DeAI utilizes blockchain decentralization and privacy computing technologies to ensure the use of personal information is transparent, legal, and secure. DeAI Ecosystem: DeAI builds a token economy to measure the value of digital avatars, provides liquidity, and achieves a self-evolving ecosystem.

l Computational Power Network

The Computational Power Network is the foundation of the DeAI ecosystem, co-constructed by globally distributed computing power providers and users, ensuring the efficient utilization and distribution of computational resources to support the stability and flexibility of AI applications. Computational power sensing collects real-time data from global computing power providers through a distributed network, such as CPU/GPU usage and storage space, to assess resource availability and support subsequent scheduling. Computational power networking integrates computing resources from different physical locations into a unified resource pool, managed by categorization and tagging, to enhance the flexibility and scalability of resource sharing, including core clusters and numerous individual nodes. Computational power scheduling employs intelligent algorithms to dynamically allocate resources, considering task priority and latency requirements, to ensure tasks are executed under optimal configurations, while supporting automatic adjustments and load balancing to optimize resource utilization efficiency.

l Digital Avatar

Data collection provides the foundation for the training and optimization of AI models, ensuring the acquisition of high-quality data to enhance model accuracy. The workflow includes data definition, collection, cleaning, and authorization: defining data types and formats, acquiring data through multiple channels, preprocessing to improve quality, and ensuring data use complies with privacy regulations. Personal large models are built based on personalized user data to simulate user behaviors and preferences, providing precise services. The construction process encompasses collection, training, and optimization. Intelligent agents interact between users and AI systems, generating various roles through Prompt engineering, including Memory Agent (retrieving historical data), Emotion Agent (simulating feelings and emotions), Decision Agent (simulating decision paths and outcomes), and Creation Agent (integrating outputs from various roles to produce multimodal content).

l DE-I Protocol

DE-I is an innovative decentralized intelligent agent system, consisting of DE-I Contracts, DE-I NFTs, and DE-I Core, which together provide personalized, scalable AI services, creating new opportunities for users and developers. DE-I Contracts form the protocol's foundation, defining and executing the behavioral rules and interaction logic for intelligent agents, ensuring transparency, fairness, and immutability in decentralized agents. DE-I NFTs are digital avatars that encapsulate an owner's appearance, voice, personal information, and other characteristics at the time of minting, allowing users to customize and adjust them as needed. DE-I NFTs can be transferred and traded, and they offer richer expressions within dApps, making communication more vivid and fun, and representing a complete digital self in the metaverse. DE-I Core is the operational engine of the protocol, responsible for coordinating and executing the core tasks of intelligent agents, managing computational resources, data access, and task execution.

l DeAI Applications

The computational power trading market is a key component of the project architecture, connecting providers and users of computational power, forming the central hub for resource sharing and trading, and supporting the efficient utilization of distributed computing capabilities. The Intelligent Matrix is a smart AI network within the DeAI ecosystem, composed of multiple AI units collaborating through the DE-I Protocol, forming a powerful artificial intelligence cluster capable of handling complex tasks and achieving self-optimization. The core functions of the Intelligent Matrix include task distribution, resource management, data sharing, and result evaluation, ensuring efficient system operation. Additionally, the Intelligent Matrix can be customized according to application scenarios, covering functions such as market management, user management, value management, community management, and technical support.

It was reporteditrix.ai

Social Media: https://x.com/itrix_ai
Media Contact
Company Name: ITRIX
Contact Person: Media Relations
Email: Send Email [http://www.universalpressrelease.com/?pr=itrix-secured-a-seed-funding-of-usd-2-million-from-singapore-investment-firm-deai-tech]
Country: Singapore
Website: https://www.itrix.ai/



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