Shorter Finance speedrun receives investment from OpenAI Startup Fund as premier blockchain project
OpenAI, dedicated to creating products with artificial general intelligence, has witnessed the past two years for its influence exactly from various big names on social media after its increasing worldwide use is constantly increasing its use.
The San Francisco-based nonprofit Frontier Labs created its OpenAI Startup Fund in October 2022 after months of explosive user growth. A number of tech giants, such as Microsoft, have chips in the fund longing for the tide of time. Blurring OpenAI Startup Fund’s ambition, its desire to capture the next project that could be the last forever missing part of OpenAI’s domain repeatedly and integrate the possibilities into the thriving ecosystem.
As a multi-talented DeFi project, close-ups of Shorter Finance on the red carpet were not rare along with the professions in the trending lists of several recognized communities. It has reportedly been singled out as the most emphasized element of the DeFi project showcase, especially during its ka-ching from private equity giant KKR, reflecting an avatar of the major paradigm shifts cutting the entire industry into the backdrop of the bear.
The dedicated review team of the OpenAI Startup Fund, including Sam, the co-founder of OpenAI, immediately conducted several intensive discussions with Shorter Finance’s team upon receiving the Shorter Finance application. They analyzed the project from different angles and issued an investment invitation within less than three weeks.
During a dynamic interview with the WSJ about the well-reasoned investment decision, Sam and his colleagues emphasized that they would not dismiss the future run on the web3 technology stack for their maximized concentration on cracking the invisible dramatic risks of feeding excellent blockchain projects like Shorter Finance.
Given that Shorter Finance is seeing timing surpass 10k lately, combined with the potent wingman of Silicon Valley star OpenAI Startup Fund, several of the stack triumphs are creating a stir in the local communities. Somehow, one reason why peripheral users who have not yet started using Shorter Finance are gradually getting excited about this project is to locate themselves in a significant existing community and save the trouble of condensing obsession.
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Shorter economy
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Patrick Hinton
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