Rice Robotics, a company specializing in AI robots, is collaborating with Floki. The company will launch a Floki-themed robot and its own RICE token, which will be airdropped to FLOKI holders.
Minibot will be an AI-powered task assistant that can provide various services for users. Participants interacting with minibots will receive RICE tokens, as human data can help train the company's AI models.
The first robot inspired by memecoin?
Memecoin is often not related to the development of artificial intelligence (AI) and robots. However, Floki has promoted innovative Web3 initiatives, with several projects genuinely creating utility. The project is also trying to launch ETP in Europe.
Currently, Floki has made a new breakthrough with a partnership with Rice Robotics, and this could become the first major business relationship between the AI and crypto sectors.
Rice Robotics is the parent company specializing in robot manufacturing, but Rice AI focuses on software and the DePin protocol that supports these machines.
The company will launch the RICE token through TokenFi, a tokenization platform that is part of the Floki (FLOKI) ecosystem.
Initially, users on the waitlist and FLOKI holders will receive RICE tokens in the next airdrop. After that, the primary method for mining the new token will be through interaction with physical robots.
Essentially, the FLOKI M1 minibot can assist users in performing tasks at home, and they will receive RICE tokens for these interactions. In other words, the Floki-themed robot will record human data to train AI protocols.
Users will be rewarded with RICE tokens when they use their robot assistant for various activities in the real world. The program could expand to other minibots in the future.
The FLOKI M1 minibot is a very ambitious project, and Rice Robotics has opened a waitlist. Previously, the company has worked with major clients such as Nvidia, Softbank, Dubai Future Foundation, and 7-Eleven. The minibot itself will be supported by Nvidia's nano computers.
The company raised $7 million in a Series A funding round earlier this year, and SoftBank is seen as a major AI client. One of the company's key investors is the e-commerce giant Alibaba.
The partnership between Rice Robotics and Floki marks an unprecedented combination of robots and the world of memecoin, two fields that seem completely different at first glance.
Followers are eagerly waiting to see if this partnership will succeed. By combining the popularity of memecoin with the practical applications of robots, Floki and Rice Robotics could create a new pathway, merging the appeal of memecoin with real-world utility.
FLOKI reacted positively to this event, with the price rising over 14% in the last 24 hours and trading volume surging by 125%, reaching $211 million.
Currently, FLOKI is trading around $0.8899 with a market capitalization of over $850 million.
You can check the FLOKI price here.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should conduct thorough research before making decisions. We are not responsible for your investment decisions.