ChainGPT gives a $50,000 grant to ChainAware for AI solutions developments

Dubai, United Arab Emirates, January 8th, 2025, Chainwire

ChainGPT, a pioneer in blockchain AI solutions, has announced a $50,000 grant to ChainAware.ai, a leader in Web3 security and analytics. This strategic investment aims to accelerate the development of innovative solutions designed to enhance security and provide actionable insights for Web3 users and businesses.

ChainAware.ai is dedicated to addressing challenges in the Web3 ecosystem by leveraging AI and blockchain data. Its cutting-edge tools are designed to safeguard users and businesses while improving engagement strategies. These include:

Crypto Wallet Auditor: Detects and mitigates fraudulent wallet activity.
Fraud Detector and Rug Pull Detector: Issues real-time alerts for suspicious transactions.
User Analytics Dashboard: Provides valuable insights into user behavior to help businesses optimize their strategies.

This grant will support the development of these tools, enabling users to navigate decentralized ecosystems effectively and assisting businesses in making informed decisions.

Commenting on this Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software said, “ChainAware.ai's innovative approach to Web3 security aligns perfectly with our vision for a safer decentralized future. We believe that their AI-powered tools will demonstrate the transformative potential of artificial intelligence in blockchain security. This grant reflects our commitment to supporting solutions that address critical challenges in the Web3 ecosystem.”

"This grant from ChainGPT AI is a game-changer for ChainAware.ai. It empowers us to push the boundaries of innovation in Web3 security and analytics, ensuring users and businesses have the tools they need to navigate decentralized ecosystems with confidence and clarity. We are excited to continue driving trust and transparency in this ever-evolving space." Martin Ploom, Co-Founder, ChainAware.ai

The grant is part of ChainGPT AI's broader initiative to foster innovation in the Web3 space. The ChainGPT Grant Program has previously supported projects including:

Cookie3: A marketing analytics platform enhancing data-driven strategies
Kryptomon: A Web3 gaming platform for collecting and trading unique creatures
GT Protocol: An AI execution protocol for DeFi, CeFi, and NFT markets
AITECH: The world's first deflationary AI token
Octavia: An AI assistant for streamlined Web3 interactions

The grant funding enables ChainAware.ai to enhance its existing security tools and develop new features focused on improving trust and transparency in decentralized ecosystems. The company's next development phase aims to strengthen Web3 security measures and expand its data-driven solutions for businesses.

About ChainGPT

Incepted in 2023, ChainGPT is a leading provider of AI-powered tools for the blockchain and Web3 industries. It emerged as a project to bridge the gap between blockchain technology and AI, creating innovative solutions for the Web3 ecosystem. Leveraging advanced AI techniques, ChainGPT enhances blockchain functionality with its tools and applications, including SDKs and APIs for automated smart contract generation, a Web3 AI chatbot, an NFT generator, and an IDO launchpad. With established partnerships and collaborations with industry leaders such as Google, Nvidia, and BNB Chain, ChainGPT continues to pioneer efficient and user-friendly AI solutions in the blockchain space.

ChainGPT seeks to advance the integration of blockchain and AI, with a focus on exploring the potential of autonomous AI agents in Web3.

Users can learn more at: https://www.chaingpt.org/

About ChainAware.ai

ChainAware.ai is at the forefront of Web3 security and analytics, providing innovative tools that protect users and empower businesses through AI-driven insights. Their comprehensive suite of solutions includes fraud detection, wallet security, and user behavior analytics.

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