Headquartered in New York, Donut Labs has raised $ 7 million in the pre -seed funding round to use artificial intelligence to argue that it will be the world’s first “agent” encryption browser to interact with blockchain -based applications.
This round was led by Sequoia, Bitkraft and HACKVC and participated in Angel Investors, including Solana and Matrix Partners, Sky9 Ventures, Makers Fund and Sonicsvm.
$ 7 million will support the development of Donut, an executable encryption browser run by artificial intelligence agent, and will support the development of Donut with basic cryptocurrency wallets and decentralized integration, distributed network access and onChain execution.
Unlike conventional web browsers, Donut’s AI algorithms help to autonomously run blockchain -based tasks by understanding page contexts and user intentions.
Chris Zhu, the founder and CEO of donuts, said, “Traditional browsers have not changed for more than 30 years. We are reconstructing everything.“ We are reconstructing the Internet’s front end as an over finance to AI agents. ”
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Donut users can access digital asset transactions more safely by accessing a variety of distributed tools and encryption services under a single agent interface.
ZHU added, “The architectically isolated signature environment and AI -based risk screening optimize all transactions while optimizing execution at speed and cost while securing all transactions.”
Donut’s AI Agent can trade tokens, exchange, bet, or get passive yields for digital assets.
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Agent browsers can reconstruct the Internet in the next 10 years.
Early adoption of donuts may be encryption traders, builders, or distributed financing (Defi) users, but agent browsers can explode in the mainstream for the next 10 years.
In the next five years, Ether Leeum Layer -2 (L2) network uses agent browsers to reduce payment costs. According to ZHU, the mainstream browser will establish interoperability with agent browsers, which integrate or form agent functions as the AI becomes cheaper.
The most important adoption, however, will happen for the next 10 years when the onchain and offchain environments are completely merged into the Internet users within the next 10 years, ZHU added.
“Agent browser is ready to be a basic input point that is very similar to the smartphone alternative phone call.”
In the long run, Donut aims to support payment, game, content creation and social interaction within a single encryption native browser. The company also plans to switch the browser into an individual “Crypto CFO” for retailers by utilizing the development of decentralized identity and confidential computing.
https://www.youtube.com/watch?v=kk6Gll1-te
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