Privasea is a FHE-powered decentralized AI network designed to establish a more secure and private computing environment. It will be powered by the native $PRAI token, which is most likely to be used for rewarding nodes, securing the AI network, and governance.
Since its inception in 2022, the project has raised over $16.11M via private funding and now aims to raise more from the Binance Wallet IDO.
Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.
| Exchange | Pair | Price | Volume (24H) | Trust Score |
|---|---|---|---|---|
USDT 0.000725 $0.000724 | 57.52K | |||
USDT 0.000726 $0.000725 | 215 | |||
USDT 0.000728 $0.000727 | 239 |
Privasea is a decentralized AI DePIN designed to facilitate the growth of fully homomorphic encryption (FHE) powered solutions among Web2 and Web3, with a special focus on AI. It builds multiple tailored, developer-friendly FHE solutions to popularize the use of FHE in applications and establish a more secure, confidential distributed computing environment.
Its core product, DeepSea, is an AI network powered by FHE deep learning technology to establish more secure and private data storage and sharing. It acts as a decentralized marketplace for nodes, or data providers, and various businesses, which allows the former to contribute their computing resources and the latter to acquire that power for their operational purposes.
Building on top of its advancements in fully homomorphic encryption and data privacy, it has also introduced a few other products, including:
All of the products combined aim to further popularize the use of its FHE-based AI network while enabling the platform to offer a more diverse range of services leveraging FHE technology.
🪙 Privasea token: On May 13th, 2025, the Privasea crypto project announced soon launch of its token and IDO via Binance Wallet set on the next day, May 14th. Despite soon launch, it didn’t mention any specific info about the utilities of the token as well as $PRAI tokenomics. Nevertheless, our team assumes it will be used for powering nodes via staking, rewarding computing power providers, and governance purposes.
Considering the rising interest of the crypto community, the upcoming Privasea airdrop and IDO, the CoinLaunch team prepared for you a set of pros and cons of the project:
✅ Privasea pros:
❌ Privasea cons:
The niche is highly competitive, and the success of Mind Network doesn’t guarantee the same for Privasea.
DeepSea Beta Launch:
DeepSea Genesis
DeepSea Mainnet Launch
<a href="https://coinlaunch.space/projects/privasea/" title="Privasea AI (PRAI)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/privasea.png" width="224" alt="Privasea AI (PRAI)"></a>