Privasea AI on BNB Chain

Introducing Privasea AI (PRAI): A New Arrival on the BNB Chain

Welcome to the detailed profile of Privasea AI (PRAI), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Privasea AI (PRAI) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about Privasea AI (PRAI) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about Privasea AI (PRAI) and find answers to some frequently asked questions.

Token description

Privasea is an AI-powered computational network designed to provide **secure and verifiable AI inference** using **Fully Homomorphic Encryption (FHE)**. The network enables encrypted data processing without exposing plaintext, ensuring security and compliance for AI applications. Privasea operates on the **DeepSea AI Network**, a decentralized infrastructure for confidential AI computation. It powers applications such as the **ImHuman App**, which provides **Proof of Humanity (PoH)** verification to prevent bots and Sybil attacks in Web3 ecosystems. PRAI is the native utility token that is used for: - Paying for AI computation services within the DeepSea AI Network. - Verifying user authenticity through the ImHuman App's Proof of Humanity (PoH) system. - Staking to support network security and governance participation. Privasea's infrastructure includes: - **DeepSea AI Network** -- A decentralized FHE-powered AI computation layer. - **Privanetix Nodes** -- Distributed nodes that process encrypted AI tasks securely. - **ImHuman App** -- A Sybil-resistant PoH verification system built on top of DeepSea. ### How Many PRAI Tokens Are There in Circulation? The total supply of PRAI tokens and its circulating supply will be announced at the **Token Generation Event (TGE)**. PRAI is designed to facilitate **secure AI computations, Proof of Humanity verification, and decentralized governance** within the Privasea ecosystem. ### Who Are the Founders of Privasea? Privasea was founded by **David Jiao (Yin Jiao)**, an entrepreneur with a background in **AI, blockchain, and cryptographic security**. His career began in **AI and autonomous systems**, where he led the development of **self-driving vehicles**, securing **$20 million in funding** for his first venture. His first experience in **Web3** came in **2021**, when he was hired as **CEO of NuLink**, a privacy computing project focused on **proxy re-encryption (PRE)** for blockchain security. In **2022**, looking to build something of his own, he left NuLink and began exploring a venture that combined **AI and blockchain**. During this period, he started learning more about **privacy computing technologies**, specifically **confidential computing**, and assembled a team of **university professors and PhDs**. The team focused on **Fully Homomorphic Encryption (FHE) and Multi-Party Computation (MPC)**, eventually choosing **FHE** for its greater potential, leading to the inception of **Privasea**. Under his leadership, Privasea has grown into a **leading confidential AI network**, integrating **FHE, decentralized computing, and Proof of Humanity (PoH) verification**, with adoption across **Solana, Arbitrum, and BNB Chain**. ### Where Can I Buy Privasea (PRAI)? PRAI tokens will be available for trading on major exchanges after the **Token Generation Event**. More details on listings will be announced soon. New to crypto? Read our [easy guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to buying Bitcoin and other cryptocurrencies.