Donut, an AI project, secures $7 million in funding to launch its agentic crypto browser, poised to revolutionize blockchain interactions with seamless and efficient user experiences.
AI Project Donut Raises $7M to Build Agentic Crypto Browser
Building a New Era in Blockchain Interactions
AI project Donut has raised $7 million in pre-seed funding to build its Solana-based agentic crypto browser. The funding round was led by Hongshan (formerly Sequoia CN) , BITKRAFT, and HackVC.
Donut’s AI algorithms process both webpage content and user actions to autonomously execute on-chain operations. This allows users to engage with blockchain applications in a more seamless and efficient way.
Key Features of Donut’s Browser
The browser includes a native cryptocurrency wallet and interacts with decentralized exchanges (DEXs) and other decentralized networks. The AI-powered browser is designed to help users transact, trade, and earn in real-time ‘like using a terminal,’ according to Donut’s announcement .
AI agents have the potential to unlock the full potential of blockchain technology by simplifying complex tasks such as interacting with smart contract tools, self-custody, and bridging across different chains. By building an environment where AI agents can thrive, Donut aims to make blockchain interactions more accessible and user-friendly.
An AI agent is a software program that performs tasks autonomously, making decisions and taking actions based on its programming and environment.
AI agents can be classified into narrow or general types, with narrow agents focusing on specific tasks and general agents capable of adapting to new situations.
Examples include virtual assistants like Siri and Alexa, which use natural language processing to understand user requests.
Funding and Support
The funding round was successful in demonstrating the potential of Donut’s agentic crypto browser. With the support of leading investors Hongshan , BITKRAFT, and HackVC, Donut is poised to bring this innovative technology to market and revolutionize the way users interact with blockchain applications.
