Thread by @PondGNN

Introducing Pond - a decentralized AI model layer with crypto-native AI models trained on on-chain data.

Pond is excited to announce a $7.5M Seed round, led by @archetypevc with @cyberFund_, @Delphi_Ventures, @cbventures, @anagramxyz, and more.

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Pond completes the crypto AI tech stack by launching as the AI model layer and fills the gap of crypto AI applications and infrastructure. New funding will boost AI model research, product adoption, scale operations, and drive entry into AI agent applications in Web3.

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30+ project founders have joined the round, including founders from @NEARProtocol, @zerion, @exolabs, @plumenetwork, @nufflelabs, @ournetwork__, @withBackdrop, @OpenGradient, @legiondotcc, @sedaprotocol, @0G_labs, @NetmindAi, @GoPlusSecurity, @realMaskNetwork and more. Key leaders from Flashbots, @LayerZero_Core, @ensdomains, @Matrixport_EN, and more, along with industry veterans like @santiagoroel, @spencernoon and @llamacorneth.

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Pond is at the forefront of Web3, introducing a decentralized AI model layer to the crypto world. Much like ChatGPT's influence on Web2, Pond seeks to revolutionize DeFi, security, MEV, and consumer markets with its crypto-native AI models and AI agent applications.

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While advancing AI research in crypto and sharing our model infrastructure, we are committed to first tackling the challenges by ourselves. This approach ensures we demonstrate the robustness of our model and data infrastructure by developing high-performing models.

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Notable examples include Pond working on DeFi dynamic fees in collaboration with @OpenGradient and MEV solutions with projects like @mamori_xyz.

• RMSE: 2.11
• Correlation: 0.76
• Binary accuracy: 0.80

High correlation between the predicted PnL for liquidity providers and the actual PnL. This alignment enables a dynamic mechanism to adjust transaction fees based on predicted PnL, optimizing profitability under different market conditions.

To learn more: doc.cryptopond.xyz/docs/pond-defi…

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The security model co-developed with @GoPlusSecurity, which achieves 92% precision and recall in predicting malicious addresses.

To learn more: doc.cryptopond.xyz/docs/pond-secu…

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As an example of Pond's recommendation system, the @zora NFT recommendation model achieves a precision@5 of 52.8%, showing great promise compared to Amazon’s early 6% precision recommendation models.

To learn more: doc.cryptopond.xyz/docs/pond-recs…

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In addition to redefining model creation and ownership for developers and users, Pond is lowering the entry barriers to crypto AI with a model layer that empowers developers across Web2 and Web3 to collaboratively create, own, and monetize their models.

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We are hiring! We thrive on innovation and fresh ideas, and we're looking for like-minded trailblazers. If you're excited to explore how crypto-native AI models can change the industry, visit our careers page to join the movement: cryptopond.xyz/career

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Building something meaningful is never done in isolation. Today, we’d like to use this special opportunity to recognize our investors. They are genuine visionaries, brilliant thinkers, and bold innovators in our industry. Their faith in our potential, combined with their guidance and insights, have been a source of strength and inspiration as we navigate the complex yet thrilling path of building something new. Thank you for believing in us, challenging us, and walking this journey by our side.

• Archetype @archetypevc: @ashaegan, @dberenzon, @DannySursock, @katiewav, @katherineykwu, @oddhash, @willkantaros, @tylerinternet

• Cyber Fund @cyberFund_: @Lomashuk, @_vshapovalov, @sgershuni, @waltjsmith, @artofkot

• Delphi Ventures @Delphi_Ventures: @Shaughnessy119, @YanLiberman, @HelpedHope, @pierskicks, @SH_Brennan, @ZeMariaMacedo, @lukedelphi, @DrewAHenderson, @kenta_nagamine, @anildelphi, @CannnGurel, @Bitcoin_Sage

• Coinbase Ventures @cbventures: @HoolieG, @jonathankingvc

• Anagram @anagramxyz: @calilyliu, @darkmarketio, @davidfeiock, @Mega_Fund, @Dinosaur0x, @mvn_eth

• Near Foundation @NEARFoundation @NEARProtocol: @ilblackdragon, @AlexSkidanov, @Cameron_Dennis_, @JarrodBarnes, @jarednotjerry1, @nearhorizon, @lauranear, @bee_near, @NEARWEEK, @11x11xc

• Web3.com Ventures @Web3com_VC: @PatrickXDai, @john_scianna, @web3stellakung, @0xEdisonL

• Aquanow @aquanow: @kwokmike, @sebbydavies, @sasha_merser

• Presto Labs @Presto_Labs: @catsurprise, @kkrrayy, @FatAssMonkey_, @stateroot

• PAKA @pakafund: @marvin_tong, @BAYC6603

• Nonce Classic @nonceclassic: @youbin_kang, @aka_ithaka, @kidokirn, @HenryK_Xel, @jellulu_fish

• Comfy Capital @comfycapital_

• nxgen @nxgen_xyz

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As we continue to build and grow, we're reminded of those who took a leap of faith in us from the very beginning: our angel investors.

You stood beside us when it mattered most and believed in us as much as we believed in ourselves. We fully understand how much this means, and this is our heartfelt thank you.

@ilblackdragon, @santiagoroel, @CheemaAcc, @mraltantutar, @spencernoon, @defin00b, @evgeth_, @jasperflux, @john_scianna, @llamacorneth, @joey_debruin, @infinitegardenX, @eyqshen, @chriseyin, @teddyP_xyz, @mheinrich, @anMe_kz, @mike50626106, @wordsforgot, @themihawky, @CryptoCWU, @0xDeltaHedged, @mattyTokenomics, @DeanEigenmann, @suji_yan, @andymooselee, @HominLuo, @brihubrihu, @web3_ayush

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To stay updated on our latest releases and explore our newest products, visit our website, follow us on Twitter, and join our communities.

Website: cryptopond.xyz
Telegram: t.me/pondxyz
Discord: discord.gg/8VRHP2Rh

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We are grateful and truly honored to stand here, contributing to this industry alongside each of you. We are committed to continuously creating value for every user, partner, and application, and to working together with the entire market to drive this industry forward.

Find out more about our raise in this writeup from The Block @TheBlock__:
theblock.co/post/325044/cr…