Question 1

What is Privasea AI?

Accepted Answer

Privasea AI (PRAI) is the native utility token of the Privasea ecosystem, which provides decentralised, privacy-preserving AI computation using Fully Homomorphic Encryption (FHE). The network includes the DeepSea AI Network for encrypted computation and the ImHuman app for Proof-of-Humanity verification. PRAI is used for accessing confidential AI services, paying gas fees, staking, governance, and publishing AI models. It also powers biometric identity validation in the ImHuman app. Node operators and contributors earn PRAI through task execution. The token supports both static and dynamic minting models to incentivise network growth. Founded by David Jiao, the project is developed by Privasea AI PTE. LTD. in Singapore and backed by a team with expertise in cryptography and machine learning. PRAI currently exists as a BEP-20 token and will transition to the mainnet as the network infrastructure evolves.

Question 2

Who created Privasea AI?

Accepted Answer

Privasea AI was created by its founding team and developers. For detailed information about the project's origins and team, please refer to the official documentation and whitepaper.

Question 3

How do I buy Privasea AI?

Accepted Answer

You can buy Privasea AI on various cryptocurrency exchanges. First, create an account on a reputable exchange, complete the verification process, deposit funds, and then place an order for Privasea AI.

Question 4

Is Privasea AI a good investment?

Accepted Answer

The value of Privasea AI, like all cryptocurrencies, can be volatile. Before investing, research thoroughly, understand the risks, and never invest more than you can afford to lose. Consider consulting a financial advisor.

Question 5

How do I store Privasea AI?

Accepted Answer

You can store Privasea AI in cryptocurrency wallets. Options include hardware wallets (most secure for long-term storage), software wallets, and exchange wallets. Always backup your wallet and keep your private keys secure.

Question 6

What makes Privasea AI unique?

Accepted Answer

Privasea AI has unique features and technology that differentiate it from other cryptocurrencies. These may include its consensus mechanism, transaction speed, scalability solutions, or specific use cases within its ecosystem.

Question 7

What is the current price of Privasea AI?

Accepted Answer

The current price of Privasea AI is displayed at the top of this page and updates in real-time. You can also view historical price charts and market data including 24-hour trading volume and market capitalization.

Question 8

How is the Privasea AI network secured?

Accepted Answer

The Privasea AI network is secured through its consensus mechanism, which may include Proof of Work, Proof of Stake, or other validation methods. This ensures transaction integrity and prevents double-spending.

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