PANews reported on July 18 that AI data collection company Sapien announced the establishment of a non-profit entity, Sapien Foundation, responsible for maintaining the ecosystem and the development of the token $SAPIEN. The foundation will focus on infrastructure construction, governance guidance, and protocol openness, encouraging users to contribute knowledge and receive rewards. $SAPIEN uses a proof-of-stake mechanism to reward quality contributions and penalize bad behavior, ensuring transparency, fairness, and community-driven development in the ecosystem.
According to previous news, AI data collection company Sapien has completed a $10.5 million seed round funding, led by Variant.
