Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: Frodobots raises $6M for Solana-based robotics network
Share
bitcoin
Bitcoin (BTC) $ 83,989.00
ethereum
Ethereum (ETH) $ 2,691.52
tether
Tether (USDT) $ 0.999832
bnb
BNB (BNB) $ 775.23
usd-coin
USDC (USDC) $ 0.999931
xrp
XRP (XRP) $ 1.57
binance-usd
BUSD (BUSD) $ 0.998232
dogecoin
Dogecoin (DOGE) $ 0.09898
cardano
Cardano (ADA) $ 0.256953
solana
Solana (SOL) $ 122.08
polkadot
Polkadot (DOT) $ 1.21
tron
TRON (TRX) $ 0.337949
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > Market > Frodobots raises $6M for Solana-based robotics network
Market

Frodobots raises $6M for Solana-based robotics network

February 16, 2025 4 Min Read
Share
Frodobots raises $6M for Solana-based robotics network

This can be a phase from the Lightspeed publication. To learn full editions, subscribe.

Robotics and crowdsourced information startup Frodobots has raised $6 million in seed funding to create BitRobot, which will probably be a Solana-based embodied AI analysis community.

BitRobot will goal to attach totally different subgroups in robotics analysis utilizing a shared token and community to resolve useful resource allocation and information shortage. Protocol VC led the funding spherical, which additionally drew participation from Large Mind Holdings, Solana Ventures, Virtuals Protocol and Solana co-founders Anatoly Yakovenko and Raj Gokal, amongst others. Frodobots beforehand additionally raised $2 million in pre-seed funding.

Frodobots began out constructing sidewalk robots that slowly trawled international metropolis streets to construct large crowdsourced datasets together with issues like audio, video and GPS information. The challenge goals so as to add token incentivization to grow to be a part of the decentralized bodily infrastructure (DePIN) motion.

Over the previous a number of months, nonetheless, Frodobots’ ambitions have widened: The lab’s co-founder Michael Chung Yeung Cho stated the purpose is now to launch BitRobot and “remedy embodied AI.” Frodobots will probably be a subnet within the BitRobot community.

“If we had been to achieve success, we’d be on par with the Teslas and the DeepMinds of the world,” Cho stated, including that the brand new challenge would assist generate a “sequence of actually performant foundational robotics fashions that may be deployed throughout all types of robots.”

The issue, Cho and his co-founder Jonathan Victor defined, is that wealthy robotics information is scarce, and robotic builders are engaged on subsets of an even bigger shared downside. Giant language fashions have your entire web to coach on, Victor stated, however most robotics companies exterior of Tesla’s self-driving unit are “beginning successfully from zero.”

That’s partly as a result of whereas a brand new AI mannequin, for example, might be benchmarked digitally in an hour, robotics faces the bottleneck of getting to check merchandise in the actual world. You possibly can’t know if a self-driving automobile actually works till you drive it for a trillion miles, Cho stated.

BitRobot will create a shared community of “subnets” in order that pooled sources and information can extra effectively create robotics information. People, fleets of humanoid robots and Frodobots’ sidewalk bots are instance subnets, in accordance with a doc shared with Blockworks.

With BitRobot, huge quantities of sources might be shifted between researchers based mostly on want, and a DePIN token reward system may align the financial incentives. There may be additionally cross-embodiment studying, which means that AI fashions skilled on one kind of robotic — resembling a robotic arm — can successfully switch discovered expertise to completely totally different robotic programs, like drones or wheeled robots. This works as a result of many robotic duties share core design wants.

A white paper containing extra particulars on BitRobot, in addition to the challenge’s tokenomics, will probably be launched in just a few weeks.

You Might Also Like

TAO holds above EMA20 as momentum steadies

Bitcoin price has a $64.5k trap as Sunday’s close forces traders between a $68k relief rally or a drop to $60k

Bitcoin is the financial Easter Bunny this weekend as markets close Friday amid critical jobs report

Thailand Will Extend Its ETF Offering Beyond Bitcoin, Says Regulator: Bloomberg

The world’s central banks are now treating stablecoins like a real multi-trillion dollar monetary threat

TAGGED:Finance NewsGuidesMarket
Share This Article
Facebook Twitter Copy Link
Previous Article Bitcoin Bitcoin Ready For Price Leap To $300,000 – Analyst Explains Why
Next Article Osprey seeks SEC nod for Bitcoin Trust ETF conversion Osprey seeks SEC nod for Bitcoin Trust ETF conversion
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
Shiba Inu
Cardano: Recent Poll Has ADA Beating Out Ethereum & Solana
Coca Cola
When Will Micron Stock Price Reclaim Its $1255 Peak?
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
- Advertisement -

You Might Also Like

Donald Trump Slams Jerome Powell, Says “He’s Terrible” Amid $2.5B Fed Controversy
Market

Donald Trump Slams Jerome Powell, Says “He’s Terrible” Amid $2.5B Fed Controversy

July 10, 2025
The Fed’s job did not just get easier 
Market

The Fed’s job did not just get easier 

March 1, 2025
If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December
Bitcoin

If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December

February 20, 2026
US Nonfarm Payrolls Data Released! What Was Bitcoin's (BTC) First Reaction?
Market

US Nonfarm Payrolls Data Released! What Was Bitcoin’s (BTC) First Reaction?

November 9, 2024
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

Solana Outperforms Bitcoin & Ethereum: Will SOL Hit $200?
AAPL stock stalls at $310 as daily and hourly signals clash
Advanced Micro Devices Stock Surges Past $511—but 10% Dilution Looms

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: Frodobots raises $6M for Solana-based robotics network
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?