Camp Foundation officially announces its launch and confirms the use of its $CAMP token

The Camp Foundation has officially announced its establishment and launched the CAMP token to support its mission. Camp Network is a Layer-1 blockchain designed specifically for the AI era, used for the tokenization, authorization, and monetization of on-chain IP. The CAMP token will be used for the following purposes: Securing and tokenizing intellectual property (IP) Executing authorization and automating royalty transfers to incentivize ecosystem growth and AI-native innovation. The Camp Foundation's priority is to establish a governance model to ensure that CAMP token holders jointly advance network development, support IP security, authorization execution, and industry application expansion, and accelerate the arrival of a new era driven by AI. Earlier news came that the modular Layer2 blockchain Camp Network completed a $4 million seed round of financing.