Provides a decentralized platform that uses Optimistic Verifiable Computation (OVC) to authenticate and bring real user data from any API or website on-chain. This enables secure data sharing, privacy preservation, and custom data feeds for applications like AI training, user targeting, and on-chain infrastructure, empowering users to reclaim and monetize their data contributions.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many decentralized applications and AI models lack access to real-world, user-validated data, hindering their ability to provide personalized and relevant experiences. Existing methods for bringing off-chain data on-chain often struggle with data authenticity, privacy concerns, and the need for user consent. This limits the potential for applications requiring accurate and user-permissioned data feeds.
Solution
OpenLayer provides a decentralized data layer that enables secure and privacy-preserving access to real user data from any API or website. The platform uses Optimistic Verifiable Computation (OVC) to authenticate data and ensure its integrity before bringing it on-chain. Users retain control over their data and can grant permission for its use, fostering a more transparent and user-centric data ecosystem. This allows dApps and AI models to leverage authentic, user-validated data for various applications, including personalized experiences, AI training, and enhanced on-chain infrastructure.
Target Audience
The primary target audience includes Web3 developers building decentralized applications, AI/ML engineers training models, and individuals seeking to reclaim ownership and monetize their data.
Features
- OVC-powered data authentication to ensure data integrity and prevent manipulation
- User-controlled data permissions, allowing users to selectively share their data
- Secure data sharing with privacy-preserving best practices
- Chrome extension for users to easily contribute and manage their data
- Support for creating custom data feeds from any API or website
- Decentralized network of operators who validate and secure data feeds
- Integration with on-chain infrastructure for seamless data access