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Grayscale announced that the Decentralized AI Fund is now open to accredited investors. The fund has a management fee of 2.5% and manages approximately $1.05 million in assets. According to Grayscale’s official website, its current holdings include NEAR (24.54%), TAO (27.18%), RENDER (22.75%), FIL (17.26%), GRT (8.27%), and LPT.
Grayscale said that Render and Livepeer will contribute to the infrastructure, offering decentralized GPU computing and AI-enhanced video streaming, respectively. Near Protocol and Filecoin will provide the fund with decentralized storage solutions, while Bittensor will focus on creating a marketplace for training and developing AI models, supporting decentralized AI services and infrastructure.
The company said the Decentralized AI Fund will focus on decentralized AI services, such as chatbots and image generation services. The fund will also include solutions to centralized AI problems, including identity verification and disinformation. Grayscale added that the fund will also focus on infrastructure and resources critical to the development of AI technologies, including decentralized marketplaces for data storage, GPU computing, 3D rendering, and streaming services.
Image: freepik
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