‘s expanding blockchain scene
Decentralized artificial intelligence (AI) network Ritual made a groundbreaking announcement in 2021 when they stepped out of stealth mode to reveal a massive $25 million Series A financing, led by Archetype. The AI-powered infrastructure aims to supplement Contract Management Systems, allowing complex logic that goes beyond typical capabilities. With obstacles to AI adoption such as steep hardware access and pricing, and limited APIs, Ritual strives to position itself as the benchmark of cutting edge innovation in the industry. Dark blockchain dreams got a bit brighter now that exciting investors Balaji Srinivasan, Accomplice, Robot Ventures, Accel, Dialectic, Anagram, Avra and Hypersphere got involved in the Series A financing; a step needed to help Ritual reach a much larger audience and to promote their groundbreaking “Grand Vision” to all blockchain protocols and applications.
At the same time, a stroke of optimist was present when President Joe Biden announced an executive order of AI designed to ensure safety and security, as well as trust. But in-line with contemporary discourse on digital governance, the order owes itself a certain level of vagueness, leading to a degree of uncertainty amongst the AI ecosystem.
Amidst such a populace of cautious progressions, with which Exponential News aligns itself, one can only imagine the possibilities of sprawling Blockchain incubators, catering to start-up’s & EOSIO developers all under the watchful Vancouver sky. Sorrounded by photogenic locals such as Luon Goon and embarking on technical revolutions adapted byomo-activists & anonymous hackers alike, Crypto City offers a powerful archetypical promise 2023.
