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Canyon Network Secures $6 Million at $60M Valuation for Its Onchain AI Oracle

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New York, NY – Canyon Network, the Onchain AI Oracle that delivers verifiable AI power for decentralized applications (dApps), is proud to announce the completion of a $6 million private funding round at a $60M valuation.

This round was backed by an esteemed group of investors with expertise in both blockchain and AI, including including DeData Technologies, DAO Venture, Vinci Labs, and Fission Digital Capital.

By leveraging cryptographic technologies, including Trusted Execution Environments (TEE), operational Machine Learning (opML), and Zero-Knowledge Machine Learning (zkML), Canyon Network aims to eliminate trust assumptions and enhance development and security in blockchain ecosystems.

“In an era increasingly defined by AI-driven automation and the expansion of intelligent systems, the need for verifiable and transparent AI solutions has never been more pressing. Without systems that can verify outputs and validate the truth of information, we risk descending into chaos” says Dr. Tim Willis, the co-founder of Canyon Network.

With this belief, Canyon Network is building the must-needed Onchain AI Oracle to address critical trust and security challenges within blockchain ecosystems. By offering verifiable AI power that eliminates traditional trust assumptions, Canyon Network ensures that dApps can operate securely and with integrity. The new funding will enable Canyon Network to achieve several key milestones:

  1. Develop and launch its next-generation Onchain AI Oracle, solidifying its leadership in the AI/blockchain intersection
  2. Expand the network’s cryptographic capabilities to enhance security, scalability, and trustworthiness
  3. Foster the growth of a vibrant developer and user community, facilitating widespread adoption of its solutions
  4. Accelerate partnerships with decentralized applications in high-impact sectors such as decentralized finance (DeFi), governance, Webb social, and gaming
  5. Secure brand visibility to drive future integrations across the Web3 landscape

At the heart of Canyon Network’s vision is the belief that truth, transparency, and verifiability must remain paramount in an age of rapid technological advancement. As AI and automation reshape industries, societies, and economies, the integrity of the systems we rely upon becomes critically important.

While still in its early stage of development, Canyon Network has already laid out an ambitious roadmap, with the release of its Minimum Viable Product (MVP) scheduled for Q4 this year. This milestone will mark a significant step forward in the company’s mission to redefine how AI is integrated into blockchain and dApp development, ensuring that trust and security are embedded at every stage.

The funding raised will catalyze Canyon Network to continue innovating and ensuring that decentralized applications can thrive in a landscape driven by verifiable AI. In a world increasingly characterized by automation, Canyon Network’s commitment to transparency and security stands as a call for truth—a fundamental principle in the responsible deployment of AI across blockchain ecosystems.

Social Links

X: https://x.com/canyon_labs

Telegram: https://t.me/officialcanyonchat

Medium: https://officialcanyonnetwork.medium.com/

Media Contact

Brand: Canyon Network

Contact: Media team

Email: info@canyon.io

Website: https://canyon.io/

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Estake Holding: Redefining the Future of Digital Bond Holding and Sustainable Investments

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Belgium, UK, 18th October 2024, ZEX PR WIRE, Estake Holding is at the forefront of transforming the landscape of digital bond holding, combining traditional bonds with cutting-edge decentralized technologies. Our mission is to enhance accessibility, foster community engagement through decentralized governance, and create a transparent, innovative financial ecosystem. With a focus on maximizing financial opportunities for our participants, Estake Holding is driving innovation in the world of electronic bonds.

Our investment portfolio spans across diverse and high-potential markets, including Gold Mining, Real Estate, Forex, Digital Assets, and Hedge Funds. This unique blend of traditional and emerging sectors allows us to manage risk strategically while delivering exceptional returns for our clients. At Estake, we prioritize sophisticated financial strategies and fully managed, high-yield investment products designed to cater to a range of risk appetites.

Key Highlights:

  • Partnerships with Industry Leaders: Estake Holding has established strong partnerships with top players in the gold mining and real estate sectors, expanding its reach and creating new opportunities for growth.
  • Decentralized Governance: Through decentralized technologies, we aim to foster a community-driven environment where participants are empowered to engage and contribute meaningfully.
  • Innovation in Digital Bonds: We are leading the charge in modernizing the financial ecosystem by integrating digital bonds with blockchain technologies, ensuring transparency and security for investors.
  • Focus on Sustainability: Our investments are also aligned with sustainable development goals, as seen in our affordable housing projects and smart city initiatives, where we use innovative technologies such as prefabrication, 3D printing, and sustainable building practices.
  • WeMarket E-commerce Platform: Estake has introduced WeMarket, a next-generation e-commerce platform designed to revolutionize online shopping. This Web and App-based marketplace empowers solopreneurs and franchisees with seamless, automated operations for scalable business ventures.
  • Anti-Counterfeit Solutions: We are also addressing critical industry challenges by offering WeCheck, a blockchain-powered solution for eliminating counterfeit products, ensuring that customers only receive genuine items.

Through these initiatives, Estake Holding continues to build a robust and balanced investment portfolio, fostering long-term financial growth while contributing positively to the global community. We are committed to delivering high-quality, sustainable solutions across industries, with a focus on innovation, efficiency, and community engagement.

For more information, visit Estakebond.com and join us in shaping the future of digital bond holding.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

The Way to Happiness Association of Tennessee Promotes Positive Values at Back In School Festival

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Nashville, Tennessee, 18th October 2024, ZEX PR WIRE, The Way to Happiness Association of Tennessee participated in the recent Back In School festival in the Edgehill neighborhood, engaging local youth with positive and practical life principles from The Way to Happiness common-sense moral code. The festival, which attracted families and students preparing for the school year, provided an ideal platform to share key messages about leading an ethical and fulfilling life.

Volunteers from the association distributed booklets and engaged with young people, encouraging them to apply precepts such as “Honor and Help Your Parents,” “Set a Good Example,” and “Seek to Live with the Truth.” These timeless values, drawn from the non-religious guidebook, aim to inspire youth to make responsible decisions and positively impact their families and communities.

“We believe in equipping young people with the tools to build a better future,” said a representative of The Way to Happiness Association of Tennessee. “The principles in The Way to Happiness provide clear guidance on how to lead a moral life, one rooted in kindness, integrity, and respect.”

With growing concerns about youth facing challenges such as peer pressure and social influences, The Way to Happiness serves as a helpful resource for students to navigate these issues successfully. Precepts like “Set a Good Example” empower young people to take leadership roles within their social circles, while “Seek to Live with the Truth” reinforces the importance of honesty in building trust and lasting relationships.

The Back In School festival was an opportunity for The Way to Happiness Association to engage with local youth and their families, inspiring a renewed commitment to positive moral values as they head into the new school year. The association continues its work throughout Tennessee, participating in community events and initiatives aimed at improving the well-being of individuals and communities through the application of these universal principles.

For more information about The Way to Happiness Association of Tennessee, visit TWTH.org.

About The Way to Happiness

The Way to Happiness is a non-religious moral code based entirely on common sense. Written by author and humanitarian L. Ron Hubbard, the booklet provides 21 principles that offer a guide to a happier, more ethical life. It has been translated into 117 languages, with over 100 million copies distributed in 186 nations.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Unveil the Mysteries of Biblical Prophecy with Wrong All Along: Revelation Revisited

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[Willis, Texas] – In a bold new take on one of the Bible’s most enigmatic texts, Alex DeLaGarza’s Wrong All Along: Revelation Revisited offers a thought-provoking, Scripture-only approach to decoding the Book of Revelation. Born from a fifteen-month deep dive into the intricacies of Revelation, this insightful book challenges traditional interpretations and long-held beliefs, guiding readers through a transformative study of biblical prophecy.

Tapping into divine truths revealed by the Holy Spirit, Alex cuts through doctrinal bias and interprets Revelation’s complex prophecies with a refreshing perspective, drawing also on key insights from the Book of Daniel. Whether you’re a seasoned scholar or new to the study of biblical prophecy, Wrong All Along invites you to question preconceived notions and uncover new layers of meaning behind Revelation’s perplexing passages.

This must-read offers clarity where many find confusion, making it ideal for both personal study and group discussions. Prepare to challenge your beliefs and experience the Bible in a whole new light.

Link to the video trailer: https://www.youtube.com/watch?v=JkmKjmFu4BI&ab_channel=WritersoftheWest

Wrong All Along: Revelation Revisited is available now on Amazon.
For more information, please visit https://www.amazon.com/Wrong-All-Along-Revelation-Revisited/dp/B0DF6P31NG

About the author:

After retiring from a long career in law enforcement, Alex DeLaGarza devoted himself to an intense study of the Bible, driven by an unrelenting thirst for God’s truth. His profound dedication to understanding Scripture culminated in the creation of WAARR, a work born from thousands of hours of biblical study. Through WAARR, Alex aims to challenge and correct misconceptions about the end times, relying solely on the authority of the Holy Scriptures.

For queries, Contact:

Alex DeLaGarza

+12109786532

Alexdelagarza68@gmail.com

www.Alexdelagarza.net


In collaboration with Writers of the West, A ghostwriting service and book self publishing services provider in Houston, New York city and Los Angeles.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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