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crypto.news 2025-04-29 19:15:59

Camp Network raises $30m to solve AI’s data ownership problem

Camp Network raises $30m to solve AI’s data ownership problem

AI has long been under fire for using the intellectual property of independent creators. Now, Camp Network hopes to solve this issue. ntellectual property has been an ongoing concern with artificial intelligence technology, which Camp Network aims to tackle. On April 29, the project announced it had raised $30 million in a Series A funding round led by 1kx and Blockchain Capital to build a blockchain at the intersection of AI and IP. You might also like: Exclusive: iExec launches $1M RLC fund to back developers in AI, DePIN, RWA and more How Camp Network bridges AI and IP The goal of the project is to address the key issue of intellectual property in an age where AI relies heavily on vast amounts of user-generated data. Camp Network will enable users to register content, including art, music, and more, with clear usage rights. “Camp Network exists to solve the missing link between IP and AI. In a world where AI will generate the majority of content, provenance is no longer a feature — it’s the necessary foundation for making ownership and value enforceable by design,” James Chi, Co-Founder of Camp Network. You might also like: Bradley Tusk: U.S. leads in AI innovation, China leads in cheap production Once the data is on-chain, AI developers can use it to train their agents. However, before utilizing the data, developers must agree to the usage rights, including royalties, which are embedded within smart contracts. At that point, whenever an AI agent uses the data, the blockchain automatically calculates royalties and executes payments to creators. The entire process happens on-chain, with tokens deposited directly into the creator’s wallets. “The team behind Camp Network has a compelling opportunity to build the onchain equivalent of Hollywood — pioneering a new category of mass-market entertainment applications in crypto,” Peter Pan, Partner at 1kx. 1kx was one of the early backers of Celestia, while Blockchain Capital is one of the oldest VCs focused on crypto. Other investors in Camp Network include dao5, Lattice, Maven 11, Hypersphere, and OKX. You might also like: Bitcoin miners may find better returns in AI than crypto, Novogratz’s Galaxy Digital suggests

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