Laika Ai Receives $25,000 grant from Covalent

LAIKA AI
2 min readOct 20, 2023

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Hello Laika Community,

With great pleasure we have been the recipient for a $25,000 grant from the Covalent team! This is great product validation that we are on the right track!

Covalent’s API integration plays a pivotal role in enabling us to access a wide array of blockchain data, including transaction history, token balances, and smart contract interactions. This data forms the foundation for our AI model’s analytical prowess, allowing us to provide users with comprehensive insights into various crypto assets’ performance, trends, and potential risks. By leveraging Covalent’s APIs, we have significantly augmented our platform’s data analysis capabilities, ensuring users have access to accurate and timely information crucial for making informed decisions in the rapidly evolving crypto landscape.

The Covalent grant will serve as a catalyst for our ambitious expansion plans, empowering us to delve deeper into sophisticated data analytics and AI-driven solutions for the crypto community. With this funding, we aim to amplify our infrastructure development, focusing on optimizing data processing, refining machine learning algorithms, and enhancing user interface functionalities. Additionally, the grant will facilitate our expansion to multiple blockchain networks, enabling us to broaden our service offerings and deliver an even more comprehensive and intuitive experience for our users.

Furthermore, we wish to extend our heartfelt gratitude to the Covalent team for their unwavering support and confidence in our vision. We acknowledge the substantial value that Covalent’s data-rich APIs bring to the Laika ecosystem, reinforcing our commitment to delivering cutting-edge AI solutions and fostering a more secure and informed crypto environment.

As we embark on this exciting new phase, we reaffirm our dedication to pushing the boundaries of on-chain AI innovation and creating a seamless and user-friendly experience for our growing community of users and enthusiasts. Stay tuned for more updates on how we leverage the Covalent grant to build a robust and comprehensive platform that empowers users to navigate the complexities of the crypto space with confidence and clarity.

Thank you for your continued support and trust in Laika AI. Together, we will revolutionize the future of AI-driven analytics in the Web3 landscape.

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LAIKA AI
LAIKA AI

Written by LAIKA AI

Laika AI is a decentralised open-source software library for machine learning and artificial intelligence.

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