Skynet secures $1.2M pre-seed round to build the world’s resource Blockchain™ for AI agents
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Skynet, a decentralized protocol that enables AI agents to access and pay for products and services around the world, announced that it has raised $1.2 million in pre-seed funding with contributions from angel investors from GitHub, Polygon, Veracode, and Monotype. The company wants to use this funding to continue developing ‘The World’s Resource Blockchain™’, that connects global resources, empowering AI agents to make payments and carry out real-world tasks across different platforms worldwide.
There is a lot of promise and talk of AI agents, with major corporations such as Google introducing its first-ever AI agent Project-Mariner. However, the amount of meaningful actions these agents can take is limited due to its access restrictions to usable resources and tasks such as obtaining API keys, navigating OAuth credentials, or completing KYC requirements that often require human intervention.
“Businesses today are designing for human users, but the next big wave is designing for AI agents,” said Vishnu Korde, Founder and CEO of Skynet. “Skynet’s resource blockchain enables agents to access services, execute payments, and engage with apps that would generally require human intervention.”
Skynet’s solution addresses a critical challenge: AI agents often cannot take meaningful actions due to fragmented systems, lack of access to financial instruments, and complex onboarding requirements like KYC and API credentials. By providing Smart Access Points, Skynet enables agents to interact with global services—including Booking.com, AWS, StackAI, Shopify, and others—transparently and autonomously.
Skynet’s interface enables AI agents to access resources, execute transactions, and engage with decentralized applications (dApps) across various virtual machines (VMs) without the need for multiple wallets, gas tokens, or bridging mechanisms. This enables seamless interactions across multiple blockchains and expands AI agents’ access to a broader range of services.
“Skynet is laying the groundwork for a future where AI agents can interact easily with resources across the globe,” said Venkat Yetrintala, Chief Technology Officer at Monotype. “Thrilled to support their mission to change how businesses and AI interact.”
Built on Arbitrum’s Orbit chain, Skynet’s diverse payment and tracking mechanisms allow AI agents to execute real-life transactions such as purchasing flights, booking accommodations, managing financial portfolios, and more.
“There will be at least as many AI agents by 2030 as there are humans on the planet,” says Vishnu Korde, CEO at Skynet “We expect these AI agents to be the new consumers acting as a proxy on behalf of humans – a challenge no organization is currently prepared to address.”
The company emphasizes its focus on practical, real-world applications rather than speculative trends. While blockchain underpins its infrastructure, the primary aim is to address long-term challenges associated with AI agent adoption and the future of the Agent Economy.
“The AI ‘bull market’ is just beginning, and its growth will outlast any crypto market cycle,” said Ravikant Agrawal, Director of Growth at Polygon Labs. “Skynet is purpose-built to enable AI agents to perform real-world actions, a necessity that will only grow as the agent economy accelerates over the next decade.”
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About Skynet
Developed by DeCloud Labs and built on Arbitrum Orbit, Skynet is the world’s resource blockchain, providing a decentralized protocol that enables AI agents to autonomously access global resources. Through its Smart Access Points, Skynet empowers AI agents to tap into the services of any web2 or web3 organization, interact transparently and autonomously with resource providers, and execute transactions, enabling an AI agent-driven economy where autonomy, scalability, and efficiency drive innovation across industries. For more information about Skynet, visit their website or follow them on X.
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