reppo

According to GMGN monitoring, the Base ecosystem token REPPO has risen again since last night, standing above 32 million dollars this morning, continuing to set new highs. The current market capitalization is reported at 29.2 million dollars, with a 24-hour increase of 32%, and a trading volume of 620,000 dollars during the same period.It is reported that previously, the token's market capitalization has been continuously rising from 10 million dollars due to the commitment of 20 million dollars in strategic funding from Bolts Capital to the Reppo Foundation.ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use cases. Investors should be aware of the risks.

The decentralized prediction market network Reppo announced that its Reppo Foundation has received a strategic investment commitment of $20,000,000 from Bolts Capital to support the next phase of development and ecosystem expansion of the Reppo protocol, as well as to promote the use of prediction markets to solve the training data bottleneck issue.Reppo stated that its core concept is to transform human judgment into verifiable, incentivized data sources through prediction market mechanisms, addressing the current challenges in acquiring high-quality data for AI training. The project supports multimodal data processing, including text, images, audio, and video, by building a decentralized data network (Datanets), providing support for model training, evaluation, and fine-tuning.

ChainCatcher news, according to Chainwire, Crypto x AI company Reppo Labs announced the completion of a $2.2 million funding round, with participation from Protocol Labs, CV VC, CMS Holdings, among others, some of which were raised on Echo.xyz. The new funds will be used to develop key infrastructure that enables permissionless collaboration between data owners and AI developers and agents on niche datasets.It is reported that Reppo Labs was spun off from Protocol Labs Venture Studio in March 2024. Reppo is a permissionless network that facilitates seamless collaboration between AI developers and data owners through intent and intellectual property (IP) co-ownership.