The video AI model in Everlyn chain has raised $ 15 million in funding, marking significant development in the integration of artificial intelligence and blockchain technologies. This financing tour saw the participation of Mystenlabs, a key actor in the blockchain space known for his contributions to the SUP network. The capital raised will probably be used to further develop Everlyn’s capacities in the generation of videos and its underlying AI infrastructure, potentially extend to business and developer tools.
This decision highlights an emerging trend where blockchain platforms are increasingly incorporating AI to improve efficiency and conviviality within their ecosystems. Mystenlabs, in particular, was at the forefront of this trend. Recently, the company has announced a partnership with Alibaba Cloud to stimulate support from SU developers. This collaboration includes the introduction of a moving coding tool assisted by AI, which allows developers to write code using invites in natural language. The initiative aims to reduce the barrier to the entrance for developers by making the coding more intuitive and accessible, in particular for newcomers to the SUP Blockchain ecosystem (1).
In addition to the development tools fueled by AI, the partnership with Alibaba Cloud also includes educational programs, the translation of documentation in Mandarin and Korean, and global support thanks to events such as hackathons. These efforts are intended to promote a larger and more diverse community of developers, which is crucial for the growth and sustainability of any blockchain network. In addition, Alibaba Cloud will provide cloud infrastructure and technical support for project incubators, with events of the demonstration day planned in strategic places like Singapore and Dubai (1).
MyStenlabs has also explored new borders beyond the Suis network. One of these initiatives is the Morse protocol, a decentralized storage solution which aims to approach the existing limits on the market. Walrus is designed to be more profitable and secure than other storage protocols such as LE FLECOIN and ARWEAVE. It uses the coding of red muffling to reduce storage costs and improve data redundancy while maintaining a low probability of data loss. A key innovation of Morse is its programmability, which allows intelligent contracts to reference or trigger stored data directly, opening up new integration possibilities with blockchain applications (2).
The relationship between walrus and the suite network is symbiotic. By storing large Blob data via Walrus while retaining metadata on suis, the protocol makes the data programmable without additional blockchain. This integration not only improves the functionality of the SU, but also has economic implications. For example, the use of Morse contributes to the deflationary nature of the SUP token, because part of the storage costs is permanently withdrawn from traffic. This creates a positive feedback loop where increased Morse adoption can lead to a reduction in the supply of sui tokens, which could increase their value (2).
Strategic expansion in decentralized storage and development tools focused on AI reflects the broader vision of mytenlabs of the construction of a complete infrastructure for web3. The company’s initiatives extend beyond the development of blockchain in fields such as execution, consensus, communication and design of the user interface. For example, the follow -up network manages execution and consensus, while Scion, a new generation internet architecture, offers secure communication. These innovations collectively aim to create a more user -friendly and robust web3 ecosystem that can compete with traditional web2 services (2).
In summary, the development of Everlyn, in collaboration with the wider strategic initiatives of Mystenlabs, demonstrates an increasing trend in the blockchain industry: the integration of AI and advanced infrastructure to improve the experience of developers and the adoption of users. The financing tour for Everlyn and the partnership with Alibaba Cloud are clear indicators of the momentum behind these efforts. While blockchain platforms continue to evolve, the convergence of AI, decentralized storage and robust infrastructure will probably play an essential role in training the future of web3 applications and services.
Source: (1) Mysten Labs and Alibaba Cloud Boost Suis Developer Support ((2) The way Morse differs from existing storage protocols (
