Binance Wallet New Project Analysis: RiceAI (RICE)
🎧 Project Introduction:
RICE AI aims to achieve the next artificial intelligence breakthrough—AGI robots—through a decentralized ecosystem, thereby unlocking a future robotic workforce valued at $45 trillion. Through the DePIN protocol, decentralized data sharing and AI model training are facilitated, with the $RICE token used to incentivize data contributions, community governance, and transactions. Compared to traditional AI + DeFi projects, it adds the hardware Minibot M1 and the robotic labor market gimmick.
💰 Financing Background:
Did not take the traditional VC route, but has the backing of FLOKI and DWF Labs, with FLOKI investing $200,000 from treasury in a private sale. Also partnered with DWF Labs and influencers like Emmm, CRG, etc. The presale sold out on TokenFi, raising $750,000.
⏰ Launch Information:
Binance Wallet TGE time: August 18th, 16:00 AM (UTC+8) subscription starts, ends at 18:00 AM (UTC)
Initial Circulation: 187 million (accounting for 18.7% of total circulation)
🧠 Evaluation:
The team is from Rice Robotics, based in Hong Kong, with a strong technical background in robotics, and the overall lineup is decent; the community is also quite active on X. However, the $45 trillion AGI vision is more of a dream, and DePIN and hardware implementation will take time, along with the fact that there are numerous AI projects, very few can truly stand out. The opening price is already at a peak.
