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Camp Network has completed a $25 million Series A funding round, led by 1kx and Blockchain Capital.

5 hours ago

On April 29th, as reported by Fortune, the cryptocurrency startup Camp Network announced the completion of a $25 million Series A funding round. This round was jointly led by venture capital firms 1kx and Blockchain Capital. OKX, Lattice, and Paper Ventures also participated. Camp Network is constructing a blockchain platform to assist content creators in storing and licensing their intellectual property in order to address the problem of AI models misusing copyrighted content. This funding round was in the form of equity financing and included a token warrant, which is a promise to issue cryptocurrency at a future time. According to Nirav Murthy, the co-founder and co-CEO of Camp Network, the valuation of the startup's token in this funding round could potentially reach as high as $4 billion.
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