Reppo Foundation Secures $20 Million for AI Data Infrastructure Development

On April 23, Reppo Foundation announced a strategic funding commitment of $20 million from Bolts Capital to advance protocol development and ecosystem expansion. According to BlockBeats, the focus is on building AI training data infrastructure centered around prediction markets. Reppo's core concept involves transforming human judgment into verifiable and incentivized data sources through prediction market mechanisms, addressing the challenge of acquiring high-quality data for AI training. The project aims to construct decentralized data networks (Datanets) to support multimodal data processing, including text, image, audio, and video, facilitating model training, evaluation, and fine-tuning. RG, co-founder of Reppo Labs, highlighted that the prediction market is expected to reach an annual trading volume of $1 trillion by the end of this decade, expanding from sports and events to information and opinion markets. Over the past month, the platform's trading volume has exceeded $2 million, demonstrating the feasibility of its model. The project also proposes using crypto-economic incentives to enable AI agents and robots to directly pay humans for opinions and feedback, reducing reliance on centralized data providers. Reppo has already garnered support from institutions such as Protocol Labs and CMS Holdings.