Latest news with #TokenFiLaunchpad
Yahoo
31-07-2025
- Business
- Yahoo
Rice Robotics to Debut RICE Token for AI Data Marketplace on TokenFi Launchpad
Rice Robotics, the company behind the RICE AI platform, said it will start selling its RICE token on Aug. 5 via the TokenFi Launchpad. RICE will power a decentralized data marketplace for AI-powered robots, which is part of a broader effort to tokenize robotics data and scale decentralized physical infrastructure, or DePIN, the Hong Kong-based company said in a release. The $750,000 presale represents 10% of the total 1 billion token supply, with a valuation of $7.5 million. Launch partners include BNB Chain, DWF Labs, and Floki, a memecoin ecosystem with over 700,000 holders and its own tokenization platform, TokenFi. Rice Robotics is known for its indoor autonomous delivery robots, which are deployed at Softbank's Tokyo headquarters, Mitsui Fudosan's Tokyo Midtown Yaesu property and 7-Eleven Japan stores, where they integrate with the 7-Now delivery app. The company is part of the Nvidia Inception program and was selected for MVB Season 10, an accelerator co-hosted by BNB Chain, CoinMarketCap Labs and YziLabs. In April, Rice Robotics and Floki announced the introduction of the Floki-branded Minibot M1, an AI-powered consumer robot that runs on the RICE AI platform. 800 Minibot units sold out in a 24-hour presale held in May, CoinDesk reported. Owners will be eligible for a RICE airdrop at token generation. The token will underpin Rice's decentralized robotics foundry, where companies and individuals can contribute real-world robotics data and receive token rewards. That data is sold to companies or labs needing specialized training sets. In-house foundation models trained on this data will be offered on a subscription basis, with discounts for payments in RICE. The token will also serve as a governance asset and incorporate a deflationary mechanism via token burns funded by platform fees. Earlier this year, the company raised $7 million in pre-Series A funding from investors including the Alibaba Entrepreneurs Fund, Soul Capital, Audacy Ventures, Sun Hung Kai & Co., and Cyberport HK. It also won top honors at a BNB Demo Day event in Dubai, where Binance founder CZ was a judge. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Perth Now
09-05-2025
- Business
- Perth Now
Rice Robotics team up with Floki to launch AI companion robot
Rice Robotics is launching a custom AI-powered companion robot in partnership with Floki. The Hong Kong-based robotics startup has announced the launch of the Minibot M1, which has been developed in conjunction with Floki. The robot will operate on the decentralised RICE AI protocol and integrate features designed to support everyday tasks and foster emotional interaction with users. The Minibot M1 will function as a personal assistant capable of managing household schedules, retrieving online information, and offering companionship through features such as music, storytelling and conversational engagement. Users who interact with the robot will earn $RICE tokens in return, forming part of a data collection and training ecosystem for robotic intelligence. The launch of the robot is to be accompanied by the introduction of the $RICE token, which will serve as the utility token of the RICE AI protocol. The token will debut on TokenFi Launchpad, with staking opportunities available for holders of $TOKEN, the native token of TokenFi. Airdrops of $RICE will also be issued to holders and stakers of both $FLOKI and $TOKEN. Rice Robotics has partnerships with a number of major corporations including SoftBank, Nvidia, Dubai Future Foundation, NTT Japan and Mitsui Fudosan. Its robots are currently deployed in delivery settings across Japan, including unmanned indoor delivery for 7-Eleven Japan and office services at SoftBank headquarters. Floki's involvement in the project marks another step in its strategy to expand into tokenised AI and blockhchain-enabled services. Through sister project TokenFI, Floki aims to facilitate the tokenisation of real-world assets and data, including AI-generated content and robotic learning models. Rice Robotics secured over $7 million earlier this year in a pre-Series A funding round led by Alibaba Entrepreneurs Fund, Soul Capital and Audacy Ventures. The company is working towards a decentralised data-sharing model where robots can exchange training data autonomously to improve performance without centralised oversight. The AI robotics sector is currently valued at approximately $22 billion and is tipped to exceed $100 billion by 2030, according to industry estimations. The rapid integration of artificial intelligence (AI) into robotics marks a transformative era for interaction between humans and machines – as society enters uncharted territory where robots shift from industrial roles to emotionally responsive companions and personal assistants.
