Lightchain AI announces testnet launch and completes $15 million in financing

blockchain project Lightchain AI has announced the official launch of its testnet and has completed a $15 million financing round. The project's main technological innovations include the Proof of Intelligence (PoI) consensus mechanism and the AI Virtual Machine (AIVM). The PoI consensus mechanism is achieved by rewarding nodes to solve AI computing problems, while the AIVM provides developers with a toolkit to build AI applications on the blockchain. The project is currently in the final round of presale, and the funds raised will be used for technology development, infrastructure expansion, and talent recruitment. Lightchain AI plans to launch its mainnet in 2025 and will focus on developing enterprise-level decentralized AI solutions in the future.