Tuesday, 02 January 2024 12:17 GMT

Imagen Network (IMAGE) Raises $32M To Transform Social Networking With Blockchain And AI Integration


(MENAFN- IssueWire)

London, United Kingdom Nov 28, 2024 (Issuewire )
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Imagen Network has successfully raised $32 million in funding to revolutionize social networking by integrating blockchain technology and advanced AI tools. This transformative project aims to create a decentralized social networking platform that prioritizes user autonomy, security, and creativity while reimagining how people connect and interact in the Web3 space.

As the world's first decentralized social network powered by AI, Imagen Network combines advanced AI models with blockchain to deliver innovative features for content creation, customization, and secure ownership. The platform will enable users to generate and personalize their digital content while ensuring privacy and transparency through blockchain-backed operations.

The $32M funding will accelerate the development of Imagen Network's ecosystem, which will be underpinned by the IMAGE token. This token will facilitate transactions, incentivize participation, and empower governance within the decentralized social network. By merging AI and blockchain, Imagen Network is set to provide users with scalable and secure solutions that redefine the social networking experience.

This milestone highlights Imagen Network's commitment to driving innovation in the Web3 space. By creating a platform that empowers users with tools for creativity, ownership, and interaction, Imagen Network is positioning itself as a leader in the next generation of social networking.

About Imagen Network

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