On February 20, the distributed intelligent component protocol Endless Web3 Genesis Cloud (referred to as Endless) announced that it has secured a strategic investment of one million dollars from Foresight Ventures. This funding will be used to accelerate the development of AI Agents on Endless and ecological projects built on the distributed social application Luffa. The two parties will subsequently engage in comprehensive and in-depth cooperation based on multiple businesses within the ecological application.

With the completion of this financing and strategic cooperation, Foresight Ventures will also participate more deeply in the governance, future development planning, and ecological construction of Endless, providing more support to jointly develop an AI agent-based intelligent ecosystem and content and entertainment ecology based on distributed social applications.

Endless is committed to becoming the best connector from Web2 to Web3. It features a public chain based on the Move language, providing high-performance, scalable decentralized infrastructure, as well as an integrated, modular development platform. This significantly lowers the threshold for Web2 applications to transition to Web3, paving the way for large-scale Web3 applications. Additionally, to reduce the user entry barrier, the Endless wallet supports not only mnemonic phrase registration and login but also login methods such as Google accounts; it has also introduced a mechanism where developers can pay Gas fees on behalf of users, allowing Web2 users to smoothly experience Web3 applications without needing to learn Web3-related concepts.

Endless is also the best development platform for Crypto AI, offering rich AI-related component capabilities to help developers quickly build AI Agents. This will further open up the imaginative space of the AI Agent market.

Moreover, the first social application built on Endless, Luffa, has already launched. Luffa provides decentralization and privacy protection for Web3 while achieving a smooth experience similar to Web2 applications. All user data is protected by end-to-end encryption (E2EE) and is stored only on the user's own device, with no centralized backup. User accounts are not linked to real user information, effectively preventing personal information leakage. Users can also easily create their own channels, mini-programs, and AI robots on Luffa. Luffa offers rich community operation features, and the seamless migration capability between mini-programs and AI Agents presents enormous ecological potential.

Forest Bai, co-founder of Foresight Ventures, stated that social and content applications have always been a significant entry point for market traffic. Endless has built a powerful consumer-grade infrastructure for developers, while Luffa provides a strong entry point based on social chains and a friendly interactive interface. With a smooth user experience, it is believed that more Web2 users will be attracted to understand and enter the Web3 world, representing a substantial market opportunity. AI agent intelligence will also significantly change the way users interact with the digital world, and the integration of AI capabilities brings great imaginative space to Endless and Luffa. "We are very much looking forward to the upcoming cooperation, which will bring greater increments to the industry and market, as well as provide users with a higher quality experience."

Xiong Yu, co-president of Endless and dean of the Blockchain and Metaverse Institute at the University of Surrey, expressed, "We are very excited to receive investment from Foresight Ventures, which not only recognizes the Endless team and our Web3 vision but also serves as an important driving force for accelerating the development of AI Agents and the ecosystem based on Endless & Luffa. We look forward to deep cooperation with Foresight Ventures to jointly promote the development of AI agent-based intelligent ecosystems and distributed social applications, creating a more open, secure, and user-friendly digital world."

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