Supported by the Solana Foundation and the NEAR Foundation

The AI project @PublicAI_ raised $10 million and started its presale on CoinList on August 7.

In just a few hours, I heard that the CoinList quota was already filled, but in the end, you can still obtain a quota through a lottery, so there is still a chance to participate.

The price per unit is $0.07, and then TGE will be fully unlocked.

The initial circulation is 20%, with 200 million in circulation and a total of 1 billion.

Based on the presale price, the circulating market value should be $14 million.

PublicAI is a decentralized AI data labeling platform.

It aims to build the "Human Layer of AI," allowing global users to earn income by contributing training data.

It covers over 200 countries and has more than 2.9 million active users.

Its products collaborate with major AI clients, such as partnering with ABAKA for autonomous driving data labeling.

Collaborating with Amazon AWS to provide privacy-protecting labeling services,

Currently, its profit income is $14 million.

Combined with funding and revenue, the project's total funds amount to $24 million.

Compared to the current public offering FDV of only $70 million, this means there is already 34% of "real cash" value support.

The TGE is estimated to occur in the third quarter, most likely on leading exchanges.

Given its funding and endorsements, there should be several times of growth.

So I think it still has potential.

This project should be a gem like Rhea; Rhea's presale increased by 5.5 times in 3 days.

Over-subscription is already inevitable, so just see how much you want to invest.

After all, there is top-tier endorsement and ecological support.