Anchor Neural World (ANW) reveals the first governance voting proposal for ecosystem Investment Fund

Anchor Neural World (ANW) develops artificial intelligence engines and, at the same time, holds and develops investment funds to invest in projects and companies that can create innovative value in the era of the 4th industrial revolution together with the investment-specialized company Anchor Value, Inc. The first Governance voting proposal that will take place in October 2020 will decide whether to agree to use the ecosystem Investment Fund.

The investment that will be proposed by the Anchor Neural World Foundation is decentralized finance (DeFi) that is the biggest topic in the current blockchain and cryptocurrency industry. According to the Graychain 3rd Quarter Report, the amount of cryptocurrency collateral loans executed from the fourth quarter of 2017 to the third quarter of 2019 reached $6.4 billion (about KRW 7.5 trillion), and the total amount of collateral reached KRW 12,400 billion. Coinmon, a decentralized financial platform under review by ANW, is developing a simple cryptocurrency transaction function, a Coinmon application equipped with a Web3-linked wallet, as well as the ability to compare and use various financial products (DeFi) at once. We are also discussing the installation of ANW artificial intelligence engines in risk analysis and distributed investment algorithms for centralized financial products.

Jason Kim, CIO of the ANW Foundation, said, “It is very interesting that DeFi-related project that is free from border restrictions will be proposed as investment targets for ANW investment funds, especially in the blockchain industry. ANW is in line with the field currently pursuing through artificial intelligence, and we look forward to receiving many proposals for original and highly viable projects in the future.”