PANews August 21 report, Camp Foundation officially announced its establishment and launched the token CAMP to support its mission. Camp Network is a Layer-1 blockchain designed specifically for the AI era, used for the tokenization, authorization, and monetization of on-chain IP. The CAMP token will be used for the following purposes:
Ensure and tokenize intellectual property (IP)
Execute authorization and automated royalty flows
Incentivize ecosystem growth and AI-native innovation
The priority mission of Camp Foundation is to establish a governance model that ensures CAMP token holders jointly promote network development, support IP security, authorization execution, and industry application expansion, accelerating the arrival of the AI-driven new era.
Earlier news, the modular Layer2 blockchain Camp Network completed a $4 million seed round financing.