Rice AI is a decentralized AI data network developed and backed by the robotics company Rice Robotics. It builds a crypto-powered reward system that incentivizes users to contribute valuable data for the AI robotics industry, which companies can then leverage for their own applications.
$RICE is a utility token of the platform used for paying for usage of the protocol, rewarding data providers, and governance. What’s more, $RICE will be subject to regular token burns using Rice’s generated revenue.
Since launching in 2019, the startup has raised over $7M from investors like Alibaba Entrepreneurs Fund, Soul Capital Limited, and received backing from Floki DAO and BNB Chain. Now, it aims to raise an additional $750K via its $RICE ICO on TokenFi, targeting a $7.5M FDV.
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| Exchange | Pair | Price | Volume (24H) | Trust Score |
|---|---|---|---|---|
USDT 0.00941 $0.00940 | 66.88K |
The AI sector is rapidly developing, however, its growth is not proportional for every niche. Among the most struggling AI sectors is “robotics”, which experiences a critically low amount of qualitative training data. To compare with other industries, the robotics niche possesses only around 2.4M episodes, while the text and image sectors have nearly 15T tokens and 6B images, respectively.
Rice AI aims to solve this issue. Rice is a decentralized AI network designed to give humanity an opportunity to shift the future of Artificial General Intelligence (AGI) robotics and earn rewards along with large tech corporations. It acts as a data AI marketplace for AGI bot developers, allowing users to contribute their data to the platform and earn rewards, while companies can opt in and train their models.
It is powered by the Hong Kong-based robotics company Rice Robotics, one of the most promising AI robotics startups with multiple top-tier clients utilizing its services. Among them are Nvidia, Softbank, 7-Eleven, Dubai Future Foundation, Mitsui Fudosan, and NTT Japan. On top of that, it is a winner of multiple high-ranking grants within the BNB Chain ecosystem, including BNB Demo Day in Dubai, with CZ as one of the judges, and BNB Chain’s MVB Season 10.
🪙 Rice AI token: According to the docs, $RICE will be the native token of the protocol, used for rewarding data providers, receiving discounts on the platform for AI developers, and governance. On top of that, the Rice crypto project aims to allocate a % of the protocol’s earned fees to conduct regular $RICE token burns.
On August 1st, 2025, Rice AI announced a public token on the TokenFi launchpad, aiming to raise $750K at $7.5M FDV.
Considering the ongoing $RICE sale, the CoinLaunch team conducted a comprehensive research on the project and found its pros and cons:
✅ Rice AI pros:
❌ Rice AI cons:
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