Overview of the PIN AI project:
PIN AI is a project selected for the a16z Crypto Startup Accelerator Fall program and has recently completed a $10 million seed round funding. This funding will be used to advance the development of the world's first open-source Personal Intelligent Network (PIN), aimed at helping AI developers build and provide a range of practical AI services for daily use, such as shopping, travel planning, and financial management.
Founders' background:
• Davide Crapis: One of the co-founders of PIN AI, with expertise in designing blockchain protocols and artificial intelligence. He has served as a Senior Data Scientist at Lyft and as a Research Scientist at the Ethereum Foundation.
• Bill Sun: Co-founder and Chief Scientist of PIN AI, with a deep background in quantitative trading and artificial intelligence. He holds a PhD in Mathematics from Stanford University, has conducted AI research at Google DeepMind, and has worked as a stock investment manager on Wall Street.
• Ben Wu: A member of the founding team of PIN AI, responsible for company operations and strategic guidance for AI products. He has an educational background from MIT, is a Y Combinator graduate, and has served as Director of Databases and Operations at Yahoo.
Funding history:
As part of the a16z Crypto Startup Accelerator Fall program, PIN AI successfully raised $10 million in seed funding. Investors include well-known venture capital firms such as Stanford Blockchain Accelerator, Hack VC, and Foresight Ventures, as well as prominent angel investors like Illia Polosukhin, the founder of NEAR Protocol, and Scott Moore, co-founder of Gitcoin.
Project advantages:
PIN AI places special emphasis on user privacy protection, using a hybrid model to ensure the security and privacy of user activity information. The project offers the following services:
1. Trust-minimized activity tracking and value exchange to ensure user information security.
2. Users can control their own data and decide which data can be accessed.
3. Provide an open innovation platform to encourage the development of new AI services.
Project summary:
PIN AI aims to become a super intelligent assistant, utilizing blockchain technology to protect user privacy while helping users manage daily affairs. The project not only allows users to control their own data but also to benefit from it. There is a strong support team behind it, including well-known investment firms, with the goal of making future life smarter and safer, allowing users to benefit from their own data.
Project details:
• Track: The world's first open platform for personal AI
• Total token supply: 1 billion
• Investment institution: A16z leads the investment
• Expected launch time: December 2024 to March 2025
Previously launched projects:
