Blockchain

Nectar AI Raises $3.9M to Build Uncensored Immersive AI Companions

New York, New York, August 26th, 2024, Chainwire

 

Nectar AI, an immersive AI companionship platform, announced today it has raised $3.9 million in funding.

The seed round is co-led by Mechanism Capital and Karatage, with participation from Synergis, Maelstrom (Arthur Hayes), Builder Capital, Baboon, and Decima. Notable angel investors include Tekin Salimi and George Lambeth (Dao5), Albert Chon (Cofounder at Injective), Charles Lu (Cofounder at Espresso Systems), Gabby Dizon (Cofounder at YGG), and several other key figures in the crypto space.

The proceeds will be used to scale the team with several key hires on both the AI and protocol side, as well as increase capacity for new partnerships and affiliates.

Nectar AI’s mission is to allow users to create and interact with AI companions that feel indistinguishable from reality. Leveraging the latest developments in generative AI and web3, Nectar AI allows users to create uncensored & replicable multimodal AI companions in either a realistic or anime style. Users can customize their characters at a level of depth unmatched by other platforms, by detecting user intent and responding appropriately with images or text within seconds. Generative AI video creation is also available on the platform, with more in depth video and voice messages coming soon. In the future, users will be able to port their created companions onchain, giving them full IP ownership of their assets as well as the ability to permissionlessly monetize them.

Currently, over 500,000 users on the platform create both AI stories and companions, which allows storytellers to create rich and dynamic role playing experiences that can range from medieval adventures to different encounters. Companions are AI generated agents that can star in any of these stories, similar to casting an actress for a movie.

Members of the Nectar community have lauded the platform for its ability to make uncensored immersive content for entertainment and emotional support.

One user said, “A recent update allowed me to transform my photos into companions. The new ability to bring portraits to life inspired me to create a music video with one of them as the protagonist. Nectar is such a creator-friendly platform, and I’m really looking forward to more updates and eventually monetize my assets.”

Keccak and Zi, the co-founders of Nectar AI, first met at Stanford and began working on the project in August 2023. Prior, Keccak helped start a prominent AI & crypto fund and Zi made significant contributions to realistic synthetic facial generation at Meta and L1 Blockchains. Nectar is set on developing a new protocol set to release later this year to enable financialization of on-chain AI agents.

About Nectar

Nectar AI is building out the future of human and AI interaction. We believe that these experiences should be uncensored and immersive, and our flagship product allows users to create personalized and multimodal AI companions.

With over 500k users, Nectar AI’s mission is to become the most powerful decentralized platform for creating AI assets, and to deliver an integrated experience both on and offchain. Nectar AI was founded in 2023 by Keccak and Zi, who both graduated from Stanford, and has founding team members from top companies and protocols.

Site: nectar.ai

Info: support@trynectar.ai

 

Contact

Nectar AI
support@trynectar.ai

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The Awareness Group (TAG) and Freedom Holdings Close Reverse Merger Agreement

2024-09-18T11:00:00Z
  • Led by industry veteran Pablo Diaz, TAG is an emerging alternative energy company with solar, blockchain, marketing and fintech assets
  • The TAG GRID will form the foundation of an aggressive organic and inorganic growth strategy to provide an all-inclusive, all-encompassing solution to commercial and residential customers within the alternative energy space

SCOTTSDALE, Ariz., Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Awareness Group LLC (TAG), founder of the TAG GRID and an emerging player in the alternative energy space, and Freedom Holdings, Inc. (OTC PINK: FHLD), an SEC-reporting company, today announced the companies closed a reverse merger transaction whereby TAG became a wholly owned and operating subsidiary of Freedom Holdings, Inc.

Pablo Diaz, CEO of TAG commented, “As a public company, we can now move forward with our aggressive and unique growth strategy to build a leading business within the Alternative Energy sector. In the coming months, we will unveil the details of our growth strategy and the key business and corporate development initiatives that will enable us to successfully drive growth through the TAG GRID and create shareholder value. We look forward to keeping investors, partners, customers and employees updated as the business develops.”

Key Merger Terms

  • TAG shareholders will obtain the ability to control 89.5% of FHLD through a restated Series A Preferred class of stock;
  • TAG CEO Pablo Diaz and the TAG management team will take over as the executive team for FHLD;
  • TAG will assume control of the FHLD board and appoint its existing board members, Pablo Diaz, Marco Rubin and Brooks Holcomb, to the FHLD board.

The TAG GRID
TAG is introducing the next evolution of a growth model pioneered by Diaz in two prior public ventures that drove strong revenue growth within the first year of implementation. The TAG GRID puts TAG at the center of all key areas of solar project development. This unique model helps each part of the ecosystem grow through robust, simple-to-use technology platforms. The TAG GRID encompasses:

  • The TAG Dealer Program is a national network of over 500+ sales agents to which TAG will provide deal support;
  • TAG Financial Services provides access to industry-leading lending solutions for residential and commercial projects;
  • TAG Distribution provides materials procurement for all TAG-funded projects;
  • The TAG Contractor Program provides design and installation solutions through its national network of 119 residential and commercial solar construction and installation contractors;
  • The TAG Broker Program incentivizes brokers to bring their deals, customers and partners into the TAG GRID.

Additionally, TAG brings a carbon credits validation and trading platform and an alternative energy crypto incentive program that enables network members and end customers to further benefit financially from the TAG GRID.

Forward-Looking Statements:
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's respective filings at www.sec.gov and www.otcmarkets.com.

About TAG
Innovation is at the heart of The Awareness Group (TAG). We are building the TAG GRID, a comprehensive national platform for alternative energy services and solutions targeting commercial and residential customers. With a unique growth model, TAG has acquired five companies across the alternative energy space, ranging from fintech for national residential and commercial project funding solutions, solar lead generation, sales and installation services to blockchain and a digital carbon and renewable energy credits marketplace. TAG is structured for organic growth, complemented by a highly synergistic corporate development strategy focused on expanding current business lines and adding innovative technologies. The Company aims to quickly build a profitable, multi-$100 million company over the next few years and create significant value for customers, employees, partners, and current and prospective investors. For more information, please visit us at https://www.awarenessgroup.llc/

Investor Relations and Media Contact:
Brian Siegel, IRC®, M.B.A.
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com


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