Hi! Have you heard the news about Floki and their collaboration with Rice Robotics? This is quite an interesting story, especially if you follow the development of AI and blockchain.
Who is Rice Robotics?
Rice Robotics is a technology company specializing in robotics under the RICE AI brand. They have a cool customer base: Nvidia, Softbank, Dubai Future Foundation, Mitsui Fudosan, NTT Japan and even 7-Eleven. In early 2024, they raised $7+ million in a Series A funding round from investors like Alibaba Entrepreneurs Fund.
Their goal is to make robots smarter by creating a decentralized system where machines around the world can exchange training data without centralized control.
How does Floki fit into this story?
Floki, known for its memcoin with a focus on AI and blockchain, together with Rice Robotics announced a companion robot Minibot M1 based on AI from RICE AI. But the most interesting thing is the plans to tokenize AI data through TokenFi (a Floki subsidiary project engaged in RWA tokenization of real assets).
Why is this important?
The AI robot market is growing: it is now estimated at 22 billion dollars, and it is projected to reach 100 billion dollars by 2030.
TokenFi can become a key player in the tokenization of AI data, opening up new opportunities for monetization and information exchange between robots.
The FLOKI price has already reacted: +16% per day against the background of the overall positive dynamics of the crypto market.
Backfilling question
Do you think Floki will be able to occupy the niche of tokenization of AI data with TokenFi, or is it just a temporary hype? And will there be a demand for robots like the Minibot M1?
