Privasea AI Network ($5M Seed Round by Binance Labs)

Privasea AI Network designed to address the critical issue of data privacy within artificial intelligence (AI) applications. Here's a breakdown of its key features and what makes it stand out:

1. Confidential Machine Learning Inferencing: The network revolutionizes the machine learning inferencing process by employing secret datasets within ciphertext spaces. This enhances privacy and security in AI computations, which is crucial given the sensitivity of many datasets used in AI.
2. Cutting-edge Architecture: Privasea integrates Fully Homomorphic Encryption (FHE) with blockchain-based incentives. This not only addresses concerns related to data privacy but also fulfills the increasing demand for collaborative AI computations, which often require sharing sensitive data among multiple parties.
3. Data Value Sharing: Instead of sharing raw data, users can share data values and insights while mitigating privacy risks associated with traditional data-sharing methods. This fosters collaboration and knowledge exchange while maintaining privacy.
4. Token Incentives with Smart Contracts: The platform incorporates token incentives governed by smart contracts, regulating gas fee models and staking for miners. This hybrid Proof-of-Work (POW) and Proof-of-Stake (POS) mechanism ensures a secure and efficient processing environment.
5. Privacy and Security Commitment: Privasea emphasizes empowering users with control and confidentiality over their data and models. This commitment to privacy and security aims to provide users with a secure and private AI computing experience.
6. Community Incentive Program: The Privasea Community Incentive Program rewards members who explore the platform's features and promote the project. Users can earn loyalty points and rewards based on their participation and engagement.
7. Raised $5M in Seed Round by Binance Labs

Privasea AI Network seeks to create a decentralized platform for AI computations that prioritizes data privacy and security while fostering collaboration among users. With advanced technologies like FHE and support from industry leaders like Binance Labs and OKX Ventures, it aims to build a robust and trustworthy ecosystem for AI development and deployment.

Privasea Community Incentive Program

The Privasea Community Incentive Program will reward members who explore our innovative features and spread the word about our project. Earn loyalty points, climb the rankings, and your final position will determine your reward.

Join Privasea.ai and leverage the power of AI and DePIN Network, built with advanced technology like FHE and supported by industry leaders like Binance Labs and OKX Ventures. Help us create the largest DePIN network, safeguarding your data and building a decentralized web.

Start your journey on Privasea using GALXE and become a founding member of the Privasea Network! Start your tasks here:

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