Reppo Foundation Receives $20 Million Funding Commitment to Address Training Data Bottleneck Issue Using Prediction Markets

BlockBeats News, April 23rd, the Reppo Foundation announced receiving a $20 million strategic funding commitment from Bolts Capital to advance protocol development and ecosystem expansion, with a focus on supporting AI training data infrastructure centered around prediction markets.

Reppo stated that its core idea is to transform human judgment into a verifiable, incentive-aligned data source through a prediction market mechanism to address the challenge of obtaining high-quality data for AI training. The project aims to build a decentralized data network (Datanets) that supports multi-modal data processing such as text, image, audio, and video, to facilitate model training, evaluation, and fine-tuning.

Co-founder of Reppo Labs, RG, pointed out that the prediction market is expected to reach a $1 trillion annual transaction volume by the end of this decade and has expanded from sports and events to information and opinion markets. In the past month, the platform's transaction volume has exceeded $2 million, validating the feasibility of its model. The project also proposes enabling AI agents and robots to directly pay humans for opinions and feedback through crypto-economic incentives, reducing reliance on centralized data providers. Currently, Reppo has received support from institutions including Protocol Labs and CMS Holdings.