Foresight News reports that AI data collection company Sapien has announced the establishment of a non-profit entity, Sapien Foundation, responsible for maintaining the ecosystem and the development of the SAPIEN token. The SAPIEN token uses a proof-of-stake mechanism to reward quality contributions and punish bad behavior, ensuring transparency, fairness, and community-driven governance. Sapien stated that the airdrop plan for the SAPIEN token, including eligibility criteria, distribution formula, and snapshot date, may be changed at the discretion of Sapien International Ltd.
Foresight News previously reported that AI data collection company Sapien completed a $10.5 million seed round funding in October 2024, led by Variant.
