BlockBeats News, October 19th, AI+Web3 recruitment platform TradeTalent announced the completion of an $8 million funding round, led by Nasdaq-listed company Allied Gaming & Entertainment (NASDAQ: AGAE) and tech engineering company Hicop (Hicop Engineering Pte. Ltd.). The funds from this round will be used to accelerate the iteration of its AI skill verification technology, expand its global enterprise and talent network, and further integrate and enhance the Web3 trust infrastructure of its platform.
TradeTalent is committed to building a global trustworthy skill network that connects Web2 and Web3. Through in-house AI recruitment protocols and smart contracts, it provides on-chain AI interview and skill certification services. The system is able to generate immutable on-chain skill assessment NFTs for job seekers, aiming to address pain points in traditional recruitment processes such as resume fraud, high background check costs, and privacy leaks, achieving decentralized trustworthy validation of talent skills.
One of the lead investors, Allied Gaming & Entertainment, is a global entertainment and esports company that has recently been actively implementing its Web3 strategy through initiatives such as investing in Bitcoin and Ethereum, with a particular focus on the tokenization of real-world assets (RWA). This investment is seen as another significant move in its expansion into the Web3 infrastructure space. The other lead investor, Hicop, is a tech company focused on energy and engineering solutions.
