EigenCloud announces latest project developments, plans to expand applications in multiple fields

BlockBeats News, August 31, EigenCloud announced its latest project plans, which will be used to support applications in multiple fields including artificial intelligence (AI), A2A, DeFi, zkTLS, real-world assets (RWAs), DeFAI, DePIN, intelligent agents (Agents), Rollups, and Oracles.

On June 17, Eigen Labs announced the launch of the Ethereum restaking protocol EigenCloud. a16z crypto will invest $70 million in EIGEN tokens through direct purchase, following its $100 million investment in EigenLayer in February 2024. EigenCloud is built on top of the EigenLayer restaking protocol and integrates data availability (EigenDA), general-purpose computation (EigenCompute), and dispute resolution (EigenVerify) functionalities. The platform allows developers to cryptographically prove off-chain activities, providing the same trust guarantees as on-chain activities. Currently, more than $12 billion in restaked assets are providing security for over 200 independently verifiable services.