Everlyn, an AI-powered video model on the blockchain, raises $15 million in funding, with Mysten Labs participating.

Odaily Planet Daily reports that Everlyn, an AI model for on-chain video, has announced the completion of a $15 million funding round. Mysten Labs, Baseline, Selini Capital, Nesa, Aethir Cloud, ionet, and MH Ventures participated in this round, bringing its valuation to $250 million. The project aims to build on-chain movie video.