OpenLedger AI x Web3 Fund

OpenLedger's AI x Web3 Fund operates through OpenCircle, a revolutionary launchpad that commits $25 million to support developers building decentralized AI protocols at the intersection of artificial intelligence and blockchain technology. This California-based initiative represents a paradigm shift away from the traditional 'extractive AI economy' by creating a system where anyone contributing code, data, or compute resources owns a piece of the value they help create.

The fund specifically targets technical founders building on OpenLedger's sovereign data blockchain for AI technology, which provides verifiable, diverse data infrastructure for developing specialized language models consumed by AI agents, chatbots, copilots, and various applications. Portfolio companies benefit from OpenLedger's partnership with Ether.fi (backed by $6.5 billion TVL) for enhanced AI model development and security, leveraging EigenLayer's economic security framework. The platform's decentralized approach addresses critical issues around data quality and control that plague centralized AI development.

OpenCircle operates as both a funding mechanism and technical infrastructure platform, enabling developers to create AI-focused protocols that are open, composable, and verifiable from day one. The fund particularly appeals to builders working on models, agents, or high-value datasets who want their work to become part of a larger, interoperable ecosystem. With OpenLedger's testnet launched in late 2024 and backed by prominent investors including Polychain Capital and Borderless Capital, the program positions itself at the forefront of the convergence between AI and Web3 technologies. This makes it exceptionally well-suited for velocity-focused technical founders who understand that decentralized AI infrastructure will be fundamental to the next wave of intelligent applications.