Crypto Quill

MyShell, a decentralized AI consumer layer, has secured US$11 million in a Pre-Series A funding round. The investment comes from a group of high-profile investors, including Dragonfly, Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent, Nomad Capital, and OKX Ventures. Notable angel investors, such as former Coinbase CTO Balaji Srinivasan, NEAR Protocol Co-Founder Illia Polosukhin, former Paradigm Investment Partner Casey K. Caruso, and ex-Parafi partner Santiago R. Santos, also participated in the round, bringing MyShell’s total funding to date to $16.6 million.

Empowering AI Creators

MyShell’s mission is to revolutionize the AI creator ecosystem. With this new funding, the company aims to scale its operations and catalyze a movement toward a more open, collaborative, and democratic AI landscape. MyShell currently boasts over 1 million registered users and 50,000 creators who build, share, and own AI agents on the platform.

Commitment to Decentralization

Unlike dominant AI companies like OpenAI, MyShell is committed to decentralization and open-source development. This focus has already led to successful projects on the platform, including:

1. OpenVoice: An AI solution with over 15,000 stars on GitHub, OpenVoice provides advanced voice capabilities.
2. MeloTTS: A pioneering open-source text-to-speech solution that closely mimics the human voice, supporting various languages and accents.
3. Allice: An open-source agent framework for complex AI development workflows.

Democratizing AI Experiences

MyShell addresses the growing demand for personalized AI experiences. While most current experiences remain centralized, MyShell leverages crypto and decentralization to empower users. It allows open-source creators and communities to collaborate, create magical experiences, and reap the rewards of their labor.

The Future of AI

MyShell’s funding reflects its position as a pioneer in the AI consumer layer. The platform deploys a revenue-sharing economic model, emphasizing an open-value network. With features like the “Workshop” for building AI agents through prompts and the “Makerspace” for no-code AI workflow creation, MyShell continues to shape the future of AI.