Privasea is an AI DePIN protocol designed to advance the adoption of Fully Homomorphic Encryption Machine Learning (FHEML) via its decentralized computing network. $PRAI is a native token of the platform, used for staking, governance, and rewarding nodes.
According to the Privasea’s blog post, the company closed a $5M Seed funding round with participation of Binance Labs, Gate Labs, and some others.