Camp Network has launched its K2 testnet, marking a significant step forward in the implementation of blockchain technology for intellectual property (IP) management. The development aims to foster collaboration between AI and creative industries. Funding of $30 million, secured through a Series A round led by 1kx and Blockchain Capital, underscores investor confidence in Camp Network’s groundbreaking approach. The K2 testnet introduces innovative IP tokenization and AI-powered training for creators and innovators. This platform leverages Camp Network’s Proof of Provenance protocol to ensure secure registration and royalty management. The initiative aligns with the growing trend of specialized Layer 1 blockchains designed for niche applications like AI and creative IP management. Camp Network is pioneering a new era for content creation and protection through its on-chain quests and AI-enabled processes, promoting transparency and automation in the digital world.