Swarm Network Secures $13 Million for Decentralized AI Verification Protocol

Swarm Network has raised $13 million through a hybrid funding model, combining $10 million from NFT-based protocol licenses and $3 million in strategic investments. The license NFTs grant holders operational rights to run network agents while earning daily rewards, creating a participatory infrastructure model. sui led the strategic round alongside Ghaf Capital and Brinc, with several deals originating from Swarm's participation in SuiHub's Dubai accelerator program.

The protocol already demonstrates real-world utility through Rollup News, an AI fact-checking platform where 128,000 users have verified over 3 million posts. This funding approach marks a departure from traditional venture capital, emphasizing direct network participation over passive investment.