A New Era for Creators
Ringfence, an innovative generative AI platform, has successfully completed a $1.5 million seed funding round. This marks a significant step forward in ensuring that creators are compensated for their contributions to AI-generated content (AIGC).

Investor Confidence
The funding round saw leadership from Rarestone Capital and Morningstar Ventures, with additional backing from Spark Digital Capital, Curiosity Capital, Noir Ventures, among others. This collective support underscores the market’s belief in Ringfence’s mission to safeguard creator rights in the digital realm.

Addressing AIGC IP Challenges
As intellectual property laws grapple with the rise of generative AI, Ringfence offers a vital solution. The platform enables creators to protect a variety of media types, including photos, videos, documents, and music, and to monetize their work through authorized use in AIGC.

Tokenization on the Blockchain
Ringfence harnesses LayerZero’s OFT standard, allowing creators to mint their AIGC as tokens on any EVM-compatible blockchain. This feature facilitates easy transfer of tokens across multiple blockchains, simplifying the monetization process without the need for complex mechanisms.

Founder’s Vision
Whitney Gibbs, the founder of Ringfence, envisions a future where creators maintain control over their work. “We’re building a platform where creators are at the forefront, deciding how their work is used and getting paid for it,” says Gibbs.

Investor’s Insight
Charles Read from Rarestone Capital expresses his excitement about supporting Ringfence. “This platform is crucial for the empowerment of creators, ensuring they retain creative and monetary control,” Read comments.

What’s Next for Ringfence
Ringfence is gearing up to release its beta version in the first quarter of 2024. The platform promises unlimited cloud storage, content ownership verification, and perpetual compensation for creators whose content is used in AI model training. Additionally, creators will be able to access powerful AI engines for content creation and tokenize their work without leaving the platform.

Creators interested in joining the future of content creation are encouraged to sign up for the waitlist at ringfence.ai.

Disclaimer: This article includes sponsored content and is for informational purposes only. It is not intended as investment advice. The views expressed are those of the external contributor and not Benzinga.