MyShell, a decentralized AI content platform, announced on social media that the first phase of its testnet has been launched.

Decentralized AI content platform MyShell has completed a $11 million Pre-A round of financing. The financing was led by Dragonfly and included participation from well-known investment institutions such as Delphi Digital, Bankless Ventures, Maven11 Capital, Nascent, Nomad, Foresight Ventures, Animoca Ventures, OKX Ventures, and GSR. In addition, this round of financing also received support from well-known angel investors such as Balaji Srinivasan, Illia Polosukhin, Casey K. Caruso, and Santiago Santos. Haseeb Qureshi, Managing Partner of Dragonfly, is very optimistic about the development of MyShell. He emphasized: We are pleased to support MyShell in continuing to explore new areas. MyShell is committed to open source development and empowering creators, which is exactly what is needed to promote industry innovation and inclusiveness. Ethan Sun, Co-founder of MyShell, said: MyShell will completely change the ecosystem of AI creators. We will use the new funds to expand our operations and further support the construction of a decentralized open source AI community.

Web3 AI platform MyShell raised $11 million in a new round of financing from companies such as Dragonfly, Nascent, and OKX Ventures. MyShell allows creators to generate AI agents or robots and plans to launch its token. Other investors in this round of financing include Delphi Ventures, Bankless Ventures, Maven11 Capital, and Nomad Capital. Angel investors participating in this round of financing include former Coinbase CTO Balaji Srinivasan, NEAR Protocol co-founder Illia Polosukhin, former Paradigm investment partner Casey Caruso, and former Parafi partner Santiago Santos.