Imagen Network has secured $32 million in funding to build a pioneering decentralized social network leveraging AI and blockchain technology for Web3 interactions.
London, United Kingdom Nov 28, 2024 – Imagen Network’s $32 million funding round will fuel the development of a decentralized social platform prioritizing user control, security, and creative expression within the Web3 environment.
As the world’s first AI-powered decentralized social network, Imagen Network integrates advanced AI and blockchain to offer innovative content creation, personalization, and secure ownership features. Users can generate and tailor digital content while maintaining privacy and transparency through blockchain technology.
The $32 million investment will expedite the growth of Imagen Network’s ecosystem, powered by the IMAGE token. This token will manage transactions, incentivize participation, and enable governance within the network, offering scalable and secure solutions that redefine social networking.
This achievement underscores Imagen Network’s commitment to Web3 innovation. By empowering users with tools for creativity, ownership, and interaction, Imagen Network aims to lead the next generation of social media.
About Imagen Network
Imagen Network is creating the world’s first decentralized social network using AI and blockchain, offering secure, scalable tools for content creation, ownership, and decentralized interaction.
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