The Problem
The digital creation market, especially for Gaming and AI is booming, but this surge in demand for high-end rendering services presents significant challenges.
What it does
We offer a decentralized computing network through our unique "Cloud + Chain" DePIN Web3 Protocol, making GPU power more accessible and cost-effective.
Our solutions supports developers and users in Cloud Gaming and AI, enhancing the way GPU computing power is utilized and enjoyed globally.
How we built it
We have a seasoned team in blockchain, AI and gaming. We started formally in May last year and got the AI GPU marketplace MVP live by Sep, from then we been gradually ramping up our partner network and refining our solution offering in Cloud Gaming and AI. This year we focused on our Web3 narrative and community, aiming to TGE and list the token which we believe will help incentive adoption of the ecosystem.
Challenges we ran into
Current challenge is the global/web3 market negative sentiment and downturn, so we focus on what we can do including ramping up our web3 narrative, community engagement and continue to build.
Accomplishments that we're proud of
Even with the global/web3 market negative sentiment and downturn this year, we managed to raised a seed round of 1.5M with key investors and partners such as ICP Singapore, YGG, Liquid X, Ed3n Ventures, CGV Ventures, Signum Capital.
Also we managed to keep our team lean and yet ramp up our brand narrative, and refined our solution offering in Cloud Gaming and AI
What we learned
Technically our solution and services, even without the Web3 utility tokens and blockchain, will still be attractive as Cloud Gaming and AI are high demand use cases, especially for cost effective GPU power. There has been some partners and customers who asked why we want to do the Web3 business model as there is still negative sentiments about the blockchain sector. We believe that the Web3 business model will work, and help with ecosystem growth and adoption, so there is a need to execute well, show our legitimacy, as well as education about the industry.
What's next for Copute.ai
This year's key focus is the Web3 narrative and community engagement, and then from then to grow the ecosystem and adoption of our solutions and services.
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