What is Privasea AI Network (PRAI)? Everything You Need To Know
Numerous AI tools have been released since ChatGPT’s debut. Although several offer excellent solutions, data privacy is a drawback. Training these AI models requires data, but there are many issues that come with having a lot of data.Fortunately, Privasea is a remedy. We’ll provide you with an outline of the Privasea AI Network’s features, functions, and issues it resolves in this post. Let’s get started!
What is Privasea AI (PRAI)
To facilitate the execution of AI tasks on fully encrypted (FHE) data without decryption, the Privasea AI Network (PRAI) has been developed as a DePIN infrastructure network specifically for AI. With the help of blockchain technology and the decentralised computing resource model (DePIN), this project aims to revolutionise the way humans interact with machines in the age of artificial intelligence by making sure that user data is safe at all times, even during processing.
With a total of over 15 million USD raised, valued at 180 million USD, the project has the support of big funds including Binance Labs, OKX Ventures, Gate.io Labs, GSR, Amber Group, and many more prominent funds.
/ You can claim a welcome reward of up to 10,055 USDT🎁\
How does Privasea AI Network work?
The fundamental technology of Privasea AI Network is Fully Homomorphic Encryption (FHE), which enables AI to process encrypted data directly. The following elements support the ecosystem’s operation:
- HESea Library: To enable AI processing on encrypted data, the FHE library incorporates algorithms including TFHE, CKKS, BGV, and BFV.
- Without requiring a thorough understanding of FHE, developers and consumers may submit data, request AI training, and obtain results with ease thanks to the Privasea API.
- Privanetix: Secure AI processing operations on encrypted data are carried out on a decentralised network of computing nodes.
- The Smart Contract Incentive Kit is a blockchain-based incentive system that makes sure nodes receive rewards in a transparent and equitable manner.
Zero-Knowledge Proof (ZKP) is used to validate the computation results without disclosing data, and the entire process—from task submission to processing to result return—occurs in an encrypted state.
/ You can claim a welcome reward of up to 10,055 USDT🎁\
Features of Privasea
Decentralised Privacy-Preserving AI: Developing the Trend with AI + DePIN + FHE Fusion.
FHE Native Layer: AI processing that never exposes plaintext on completely encrypted data.
Blockchain Incentive & Node Economy: PRAI Token Vai serves as the ecosystem’s monetary inducement.
Use Case :Healthcare, banking, biometrics, IPFS Edge Processing, AI modelling, KYC, and facial recognition are examples of broad use cases.
Zero-Knowledge Proof (ZKP): Verify AI tasks using Zero-Knowledge Proof (ZKP) without disclosing any data.
What is PRAI Token?
In collaboration with PancakeSwap, Priavasea AI (PRAI) will commence its Token Generation Event (TGE) sale on Binance Wallet through BNB Smart Chain on May 14, 2025. Before PRAI’s official Token is listed on the decentralised exchange (DEX), investors can buy it at a discounted price during this event.
PRAI Token Tokenomics
Name of token: Privasea AI Code: PRAI
Blockchain: BNB
A total of 1,000,000,000 PRAI are available.
Total Supply: 1,000,000,000 PRAI
Token Allocation
| Category | Proportion | Note |
|---|---|---|
| Reserve | 2.51% | 25,118,750 PRAI |
| Marketing & Community Airdrop | 12.09% | 120,916,750 PRAI (of which 108 million is for Airdrop) |
| Binance IDO | 2% | 20,000,000 PRAI |
| Liquidity Provision | 4% | 40,000,000 PRAI |
| Total Circulating Supply at TGE | 20.6% | 206,035,500 PRAI |
/ You can claim a welcome reward of up to 10,055 USDT🎁\
Conclusion
The future of privacy-protecting AI is being shaped by the Privasea AI Network, a project that brings together the most popular trends: DePIN + AI + FHE + Web3. For those who have faith in DePIN AI and would like to jump in early, the project is perfect for you since it is still in the testnet stage. This is not investment advice, so keep that in mind. Come and be a part of the Allinstation community discussion.
FAQs
What distinguishes Bittensor (TAO) from Privasea AI Network?
Bittensor tends towards the open AI marketplace paradigm, whereas Privasea concentrates on high security computing (FHE).
Is there a burn mechanism for PRAI Token?
Although specifics are still pending, PRAI will be a Vai in the ecosystem’s gas payment, staking, and rewards systems.
How is a Privasea node operated?
After Mainnet launches, purchase a WorkHeart USB Node (0.2 ETH) or use a Privanetix node.
Why Trade Crypto on BTCC
Founded in 2011, BTCC is among the world’s oldest and most reliable bitcoin exchanges. Many traders use BTCC because it has established a solid reputation in the market for security and regulatory compliance over the years. The platform is especially well-suited for traders in North America and Europe, with presences in the US, Canada, and Europe.
In addition to bitcoin trading, BTCC provides traders with access to non-crypto assets including gold, silver, and U.S. equities through cutting-edge features like copy trading, perpetual futures, and tokenized stocks. Both novice and seasoned traders searching for a secure and regulated platform can benefit from BTCC’s range of offerings.
The firm’s products are designed to meet the needs and desires of both rookie and experienced traders. Here are five reasons for using the exchange:
- Numerous transferable assets
- Excessive trading leverage
- Strong copy trading capabilities
- Perfect security record
- Interface that is easy to use
- Accessible to traders in the US and Canada
[BTCC Bonuses and Special Offers]
(1) New User Welcome Reward: As a new user, you can claim a welcome reward of up to 10,055 USDT.
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How to Trade Crypto on BTCC?
This brief instruction will assist you in registering for and trading on the BTCC exchange.
Step 1: Register an account
The first step is to hit the “Sign Up” button on the BTCC website or app. Your email address and a strong password are all you need. After completing that, look for a verification email in your inbox. To activate your account, click the link in the email.
Step 2: Finish the KYC
The Know Your Customer (KYC) procedure is the next step after your account is operational. The main goal of this stage is to maintain compliance and security. You must upload identification, such as a passport or driver’s license. You’ll receive a confirmation email as soon as your documents are validated, so don’t worry—it’s a quick process.
Step 3. Deposit Funds
After that, adding money to your account is simple. BTCC provides a range of payment options, such as credit cards and bank transfers. To get your money into your trading account, simply choose what works best for you, enter the amount, and then follow the instructions.
- Fiat Deposit. Buy USDT using Visa/Mastercard (KYC required).
- Crypto Deposit. Transfer crypto from another platform or wallet.
Step 4. Start Trading
If you wish to follow profitable traders, you might go for copy trading, futures, or spot trading. After choosing your order type and the cryptocurrency you wish to trade, press the buy or sell button. Managing your portfolio and keeping track of your trades is made simple by the user-friendly interface.
Look more for details: How to Trade Crypto Futures Contracts on BTCC
BTCC FAQs
Is BTCC safe?
Based on its track record since 2011, BTCC has established itself as a secure cryptocurrency exchange. There have been no reports of fraudulent activity involving user accounts or the platform’s infrastructure. By enforcing mandatory know-your-customer (KYC) and anti-money laundering (AML) procedures, the cryptocurrency trading platform gives consumers greater security. For operations like withdrawals, it also provides extra security features like two-factor authentication (2FA).
Is KYC Necessary for BTCC?
Indeed. Before using BTCC goods, users must finish the Know Your Customer (KYC) process. A facial recognition scan and legitimate identification documents must be submitted for this process. Usually, it is finished in a few minutes. This procedure has the benefit of strengthening the security of the exchange and satisfying legal requirements.
Because their accounts will have a lower daily withdrawal limit, those who do not finish their KYC are unable to make deposits. It should be noted that those who present a legitimate ID without a facial recognition scan will likewise have restricted withdrawal options.
Is There a Mobile App for BTCC?
Indeed. For users of iOS and Android, BTCC has a mobile app. The exchange’s website offers the mobile app for download. Since both the web version and the mobile app have the same features and capabilities, they are comparable.
Will I Have to Pay BTCC Trading Fees?
Indeed. BTCC levies a fee for trade, just like a lot of other centralised exchanges. Each user’s VIP level, which is unlocked according to their available money, determines the different costs. The BTCC website provides information on the charge rates.
Can I Access BTCC From the U.S?
You can, indeed. According to its website, BTCC has obtained a crypto license from the US Financial Crimes Enforcement Network (FinCEN), which enables the cryptocurrency exchange to provide its services to investors who are headquartered in the US.
According to BTCC’s User Agreement document, its goods are not allowed to be used in nations and organisations that have been sanctioned by the United States or other nations where it has a licence.
BTCC Guide:
- How to Trade Crypto Futures Contracts on BTCC
- BTCC Guide-How to Deposit Crypto on BTCC?
- What is Crypto Futures Trading – Beginner’s Guide
- What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
- BTCC Review 2024: Best Crypto Futures Exchange
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Crypto Prediction:
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