Two AI-focused Solana social startups closed funding rounds
Two Solana startups, Tapestry and Oh, have successfully closed funding rounds to merge AI with social applications. Tapestry secured $5.75 million in a Series A led by Union Square Ventures, while Oh raised $4.5 million in seed funding for developing AI agents catered to the spicy content industry. Tapestry aims to create onchain social graphs that allow users to sign into any integrated platform with ease. The project emphasizes user ownership of data over conventional monetization by legacy social media. Tapestry founder David Gabeau acknowledges the need for further integration to enhance the value of their platform. On the other hand, Oh plans to combine OpenAI technologies with a model reminiscent of OnlyFans, granting creators 80% of revenue generated from user interactions with their AI chatbots. The funding rounds signify a growing intersection of AI within the crypto social space, as user ownership and AI integration become crucial elements in the emerging market.
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