Rice Rice Robotics, a company behind the Rice AI platform, said it would start selling its rice tokens through Tokanfi Launchpad on 5 August.
The Hong Kong-based company stated in a release that Rice would strengthen a decentralized data marketplace for Rice AI-operated robots, which is part of a comprehensive effort to tokens robotics data and tokens a scale decentralized physical infrastructure.
The cost of $ 750,000 represents 10% of a total of 1 billion token supplies, with an evaluation of $ 7.5 million. Launch Partners include BNB chains, DWF labs and Floki, more than 700,000 holders and their own tokening platforms, a memecoin ecosystem with tokenfi.
Rice robotics are known for their indoor autonomous delivery robot, which are stationed in SoftBank’s Tokyo headquarters, Tokyo Midtown Yasu Property of Mitsui Foodoson and 7-Ilevan Japan Store, where they are united with a 7-novel delivery app.
The company is part of the NVIDIA Inspution Program and was selected for MVB season 10, which is co-hosted by BNB chain, coinmarketcap labs and yzilabs.
In April, Rice Robotics and Floki announced the introduction of the Floki-branded minibot M1, the AI-managed consumer robot that runs on the Rice AI platform.
800 minibot units were sold in the 24-hour press held in May, Kindesk reported. The owner will be eligible for a rice aircraft in the token generation.
The token will underline the decentralized robotics foundry of rice, where companies and individuals can contribute to real -world robotics data and receive tokens. This data is sold to companies or laboratories that require special training sets.
The in-house Foundation model trained on this data will be introduced on the basis of membership, with discounts for payment in rice. The token will also serve as the property of a governance and incorporate an deflation mechanism through the token Burns funded by platform fees.
Earlier this year, the company raised $ 7 million in the pre-series, which led to funding from investors including Alibaba Entrepreneur Fund, Sol Capital, Audesy Ventures, Sun Hung Kai & Co and Cyberport HK.
It also won the top honor at a BNB Demo Day event in Dubai, where the founder of Benance CZ was a judge.
