Compared with io, which has been listed on Binance, privasea has more advantages and highlights. If nothing unexpected happens, PRVA is expected to surpass io.
The decentralized physical infrastructure network (DePIN) that combines FHE with AI is an important track for the future. FHE technology can perform calculations while keeping data encrypted, ensuring privacy and security throughout the data processing process. The combination of AI and DePIN can not only efficiently utilize external computing resources, but also perform complex data analysis and machine learning tasks without worrying about data leakage. Privasea, invested by Binance and OKX, will promote the development of the FHE+AI+DePIN track and contribute to the security and sustainable development of the global digital economy. It is expected to be the biggest dark horse in this round of bull market. Like io.net, which we launched in March, it is better than the previous one! A review of the primary market IO
io was listed on Binance at 8:00 on June 11th. So far, it has risen to 6.5 US dollars. As of now, it has fallen back to around 6 US dollars. According to the price of 0.5 oil for Simu, which participated in the primary market in the early stage, there is still 12 times the space. If you subscribed to 10,000 oil at that time, you can calculate how much you have received now. Everyone knows why the primary market has such a big advantage. io.net is trying AI, while Privasea is applying AI. The FHE+AI+DePIN three-in-one track is the most promising potential dark horse in this round of bull market.
The biggest potential to become a dark horse
1. Advanced technology application:
2. Innovative network architecture:
3. Wide range of application scenarios:
4. Unique smart contract suite:
5. Strong team background:
6. Cooperation with well-known institutions:
7. In line with development trends:
8. Well-known exchanges such as Binance, OKX, and Gateio participated in the investment, and the current financing is very luxurious
9. Hitting the AI+DePIN hot narrative
10. Use FHE fully homomorphic encryption, an important encryption technology comparable to ZK
11. All you need is a brain, a computer, and a USB to mine
12. Purchase nodes + NFT, eat multiple fishes, mining income, pledge multiples, future airdrops
One of Privasea's core technologies is Fully Homomorphic Encryption (FHE), which is considered a gem in cryptography and even considered by many to be the ultimate solution.
Privasea is a decentralized artificial intelligence network that realizes the circulation of data value through FHEML. The network provides distributed computing resources for FHE AI operation. The entire system is supported by ZAMA's specific machine learning and $PRVA token incentive crowdsourcing. Privasea proposes a machine learning solution (FHEML) based on global state encryption technology. With the support of this solution, AI can process and analyze without decrypting encrypted data, eliminating the risk of data leakage in AI computing and machine learning. The solution meets a series of compliance requirements including the EU's General Data Protection Regulation (GDPR). At the same time, Privasea builds a DePIN crowdfunding computing power network to provide strong support for the huge computing resources needed in the network. Privasea is finding a new balance point for data protection, AI computing machine learning, computing power supply, and compliance.
Technical highlights
The first AI+DePIN network using FHE
1. Network architecture: The Privasea network is supported by the powerful ZAMA machine learning engine, supplemented by $PRVA tokens as an incentive mechanism, which gathers global wisdom and computing resources through a crowdsourcing model to jointly promote the prosperity and development of the AI ecosystem. 2. Fully homomorphic encryption (FHE) technology: Execute complex calculations while the data is fully encrypted, ensuring the dual protection of privacy and security, allowing sensitive data to circulate without worry.
3. Combination of AI and Decentralized Physical Infrastructure Network (DePIN): Privasea has launched a computing-centric DePIN network, Privanetix, which gathers decentralized computing resources to enable secure and efficient processing of encrypted data. Relying on FHE technology, it builds a distributed computing environment, efficiently utilizes external resources, and performs high-precision data analysis and machine learning tasks without fear of data leakage risks.
4. ImHuman application: Use FHE technology to resist Sybil attacks and improve network security. Use biometric data to create encrypted identities and protect user privacy.
5. Cooperation with Solana: Become the first Proof of Human application on Solana. Enhance the security of the Solana ecosystem and demonstrate the potential of FHE in Web3 applications.
6. Better than other protection schemes: Among the 64 projects in the first half of 2024, it is better than the important competitors of Worldcoin and Human Protocol!
Privasea solves blockchain problems
The Privasea AI Network is dedicated to solving the critical balance between user privacy and distributed computing resources in AI processing. It achieves this through a comprehensive approach that divides fully homomorphic encryption from theory to application into four different layers: application layer, optimization layer, arithmetic layer, and primitive layer.
The network's general solution focuses on the bottom two layers of homomorphic applications and revolves around the HESea library, which was developed and open-sourced by Privasea and enables users to encrypt their data or models using a fully homomorphic encryption scheme.
After encryption, users can securely upload sensitive data to the Privasea AI network and delegate computation to the network. Leveraging the distributed computing resources available within the network, users can perform machine learning or other computations on the data while it remains encrypted.
Privasea AI Network goes a step further by customizing solutions to meet the top two layers of homomorphic applications: the application layer and the optimization layer. This customized approach can provide more specific solutions to meet the unique needs of each user.
Building on the functionality of generic solutions, customized solutions introduce two important features: efficiency and user-friendliness.
The Privasea AI Network is committed to making its platform accessible to users without a background in cryptography or programming. Users can easily browse and utilize the network’s capabilities, performing privacy-preserving AI computations without requiring specialized knowledge.
Binance takes the lead in Europe and Italy
Privasea, backed by Binance Labs, has successfully completed a new round of strategic financing, attracting participation from many well-known investment institutions including OKX Ventures, Laser Digital under Nomura Securities, and Tanelabs incubated by SoftBank. According to CoinDesk’s authoritative report, this financing is another important milestone after the successful raising of $5 million in the pre-seed/seed round, marking Privasea’s strong momentum in the capital market.
Privasea has gained widespread attention in the fields of AI, DePIN (decentralized physical infrastructure) and cryptocurrency with its innovative artificial intelligence-driven FHEML (Fully Homomorphic Encryption Machine Learning) solution. By building a decentralized computing network, this project not only provides highly scalable computing resources for AI tasks, but also significantly reduces the risks and vulnerabilities in the traditional centralized data processing model, setting a new benchmark for data privacy protection.
The success of this round of financing will further accelerate Privasea's technology research and development and market expansion, and promote it to provide safe and efficient data processing and intelligent analysis services to more industries globally, opening a new chapter in the circulation of data value.
Token Distribution
Mining 50%
50% of the tokens will be allocated to computing nodes that provide FHE and other privacy services in the network.
BD and community incentives 15%
15% of tokens will be used for marketing and community development.
Supporters 20%
20% of the tokens will be allocated to supporters.
Team 10%
10% of the tokens will be allocated to the project team.
Supervision 5%
5% of tokens will be used for legal and regulatory compliance.
Privasea Level 1 departure
Track: Infrastructure x DePIN x AI
Project name: Privasea
Token Name: PRVA
Total number of tokens: 1 billion (initial circulation 7.5%)
Airdrop ratio: 10%
Expected airdrop time: October
Launch time: Expected to be listed on Binance or Okx in the fourth quarter of 2024
Lock-up mechanism: 7.5% will be released on the exchange, and one month of lock-up will be linearly released over 5 months, 18.5% per month
Invitation: yJrhnE9
