Zero1Labs and Seraphnet offer clarity after DEAI FUD

The 7th-8th December weekend saw FUD on X by $DEAI community members and other X users regarding the Seraph team and the $DLLM sale.

Sahil Thakur News

Dec 9, 2024

Author: Sahil Thakur

Written On: Mon, 09 Dec 2024 05:37:13 GMT

The 7th-8th December weekend saw FUD on X by $DEAI community members and other X users regarding the Seraph team and the $DLLM sale.

A lot of different opinions were spread across X and the Zero1Labs and Seraphnet accounts have offered clarity on the situation.

We have been made aware of the Seraph situation and previous Seraph team members. We’d like to clarify that Seraphnet operates independently from our team. It is the first of Zero1’s ecosystem projects. Seraph was incubated during their V1 with a fully doxed team. Cypher and all of Zero1 infrastructure are open source and freely available for any team to build on. Zero1 operates independently with its own team, verifiable on LinkedIn and public hackathons. Our team maintains full transparency, as shown on our LinkedIn profiles, and we are currently investigating the situation.
Zero1Labs on X
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We want to address recent inquiries about Seraphnet team. The initial V1 team that worked on Clearpill’s development completed their engagement with Seraphnet in September. Our website, documentation, and Fjord page have been updated to reflect that change as our team only recently pivoted to our v2 idea. This transition was part of our natural evolution as we pivot towards V2, which is focused on agent tech. We acknowledge their contributions during the early stages of the project. As we move forward, our focus remains on building decentralized base layer for AI Agent training and delivering value to our community. We appreciate your continued trust and support.
SeraphNet on X
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Some of the users still did not seem best pleased with the clarity offered and still raised concerns.

The situation with Seraph still seems unsure but as usual with any FUD situation – some community members are behind the project while some are claiming to have lost faith.

NOTE: Please do your research very carefully in situations of FUD about a project. Our Crypto Talk’s job is to only provide news of what is happening and this does not reflect any opinion from Our Crypto Talk.

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