Waves Protocol’s Units Network Lands $10M from Nimbus Capital to Supercharge On-Chain AI Revolution
Another day, another crypto project swimming in VC cash—but this one might actually justify the hype.
Nimbus Capital just dropped a cool $10 million into Waves Protocol’s Units Network, betting big on its AI-on-blockchain ambitions. Because what’s hotter than combining two buzzwords that make TradFi investors foam at the mouth?
The play: Units Network wants to be the rails for decentralized AI computation. Think decentralized GPUs serving up machine learning like a Web3 AWS—except without the soul-crushing corporate overlords (allegedly).
Waves Protocol’s track record in scalable blockchain infrastructure gives this more credibility than your average ‘AI’ crypto vaporware. Their tech already handles 1,000+ TPS—try doing that with an overpriced Ethereum L2.
Nimbus isn’t throwing money at this for charity. They’re the same folks who early-backed Solana and Polygon. When they place bets, hedge funds start creeping into their DMs.
The bottom line: If Units Network delivers, it could finally make ‘AI blockchain’ more than a pitch deck fantasy. If not? Well, at least the staking rewards will distract from the inevitable 80% drawdown.