Overview of the PIN AI project:
PIN AI is a project selected for the a16z Crypto Startup Accelerator Fall Program, which 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 artificial intelligence services for everyday tasks such as shopping, travel planning, and financial management.
Founder's background:
• Davide Crapis: One of the co-founders of PIN AI, with expertise in designing blockchain protocols and artificial intelligence. Previously served as a senior data scientist at Lyft and a research scientist at the Ethereum Foundation.
• Bill Sun: Co-founder and Chief Scientist of PIN AI, with a strong background in quantitative trading and artificial intelligence. PhD in Mathematics from Stanford University, previously conducted AI research at Google DeepMind, and served 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. Background from MIT, Y Combinator graduate, previously served as the director of database 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, Foresight Ventures, as well as renowned angel investors like Illia Polosukhin, founder of NEAR Protocol, and Scott Moore, co-founder of Gitcoin.
Project advantages:
PIN AI places special emphasis on user privacy protection, employing 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 the security of user information.
2. Users can control their data and decide which data can be accessed.
3. Providing an open innovation platform to encourage the development of new AI services.
Project summary:
PIN AI aims to become a super-intelligent assistant that uses blockchain technology to protect user privacy while helping users handle daily tasks. The project not only allows users to control their data but also benefits from it. It is backed by a strong support team, including well-known investment firms, with the goal of making future life smarter and safer, and allowing users to profit from their own data.
Project details:
• Track: The world's first open platform for personal AI
• Total token supply: 1 billion
• Leading investment institution: A16z
• Listing time: Expected from December 2024 to March 2025
Previously launched projects:
