• Web3 developer platform Airstack has raised over $7 million in a pre-seed funding round.
• The startup allows developers to access and use cross-chain data using natural language requests backed by AI.
• Airstack recently unveiled an updated version of its Jam social app, built on Farcaster and Ethereum.
Overview
Web3 developer platform Airstack has closed the second half of a pre-seed funding round that was led by Superscrypt, raising more than $7 million. The startup allows developers to access and utilize cross-chain data using natural language requests backed by artificial intelligence (AI). Simultaneous with the funding announcement, Airstack unveiled an updated version of its Jam social app, built on Farcaster and Ethereum.
Funding Round
The first half of the funding round closed in the third quarter of 2022 and included Polygon among the backers along with Hashed Emergent, NGC, Primal Capital, UOB Ventures, and Signum Capital. Since its debut in April, Airstack has successfully attracted over 200 developers who have used it for various projects.
Airstack Platform
Airstack provides developers with a single query request for combining or integrating both on-chain or off-chain data across multiple chains such as Polygon’s native MATIC token. With Airstack, developers can ask natural language questions to receive answers regarding token holders’ balances alongside ENSs (Ethereum Name Service) & Lenss (DataLens), as well as Farcasters (Cloud Infrastructure).
Jam App
The latest Jam app is available on iOS & Android platforms featuring user profiles & groups built around users’ Web3 collectibles. Currently services are provided free of charge but plans for a pricing model are being implemented in the future.
Conclusion
Airstack is continuing to develop their platform while onboarding thousands more developers onto it in the coming months so that they can use their tools to create marketing engines & DeFi portfolio optimizers all while taking advantage of AI technology within crypto space applications like messaging & advertising platforms too!