Golden Finance reported that decentralized AI training platform FLock announced the completion of a strategic round of financing of US$3 million, bringing the cumulative financing to US$11 million. This round of financing was led by Grayscale’s parent company Digital Currency Group DCG, followed by a follow-up round from Lightspeed Faction, with participation from strategic partners such as Animoca Brands, Fenbushi Capital, GnosisVC, GSR Ventures, OKCoinJapan, Bas1s Ventures and A41. This round of financing will enable FLock to advance the path of democratized AI model development and continue to build a decentralized AI training platform. FLock aims to use blockchain technology to solve the problems of insufficient transparency, weak data privacy, and unfair contributor returns in the traditional AI centralized system. Through its decentralized collaboration model, data is always retained locally and does not need to be uploaded to a third party. Contributors share the benefits of data, computing power and feedback fairly, giving everyone the opportunity to participate in AI development.