PANews reported on September 3rd that according to Kaito AI, the AI video protocol Everlyn will publicly raise funds on Capital Launchpad at 10:00 Beijing time on September 4th, with a target fundraising of US$2 million and a valuation of US$250 million FDV. The token will be 100% unlocked during the TGE.
Everlyn, developed by researchers from Meta, Google, and others, is the first Web3 AI video protocol and has raised $15 million in funding , with the latest round led by Mysten Labs.
Earlier news, Kaito announced that its Web3 crowdfunding platform Capital Launchpad is now online .