The SAPIEN Foundation, the governing body behind the foundry of decentralized data for the SAPIEN AI Artificial Intelligence Protocol, said it will generate and distribute tokens for the first time on August 20.
The tokens generation event (TGE) For Sapien it will be carried out at the Blockchain base of Capa 2 of Coinbase, base. The tokens will feed the foundry of decentralized data of the protocol, which connects the demand for high quality data with a global network of human experts.
The Sapien system is designed to help the teams to answer two fundamental questions for each decision that their models make: “Where do this data come from and can you trust?”
The protocol uses what calls quality test in chain incentives to make human data traceable and reliable, according to the Rowan Stone CEO. POQ uses four integrated mechanisms (stagnation, validation, reputation and incentives) to enforce the quality of the data by rewarding taxpayers who provide reliable information and penalizing those who do not, thus creating an autonomous model for high integrity training data.
TGE details
The TGE implements a fair launch model that includes an initial unlock of 25% of the total tokens of one billion billions.
A part of the Airdrop, 5% of the total supply, will be distributed to the first taxpayers depending on their confirmed points. An additional 0.5% of the total will be assigned to the 10,000 main members of its associated community, Cookiedao, with 30% of this assignment unlocked in the TGE.
Sapien Squad and Discord roles holders are also scheduled to receive a bonus allocation for their participation.
The launch of the Token is supported by a series of significant developments, including more than 30 business clients and a new association with the function of integrated coinbase wallets, designed to provide a frictionless experience in the chain for the base users base.
After the TGE, the protocol plans to formalize associations with billions and intuition, forming one of the largest Mindshare cohorts in the AI space.
The SAPIEN management team includes Stone, base cooker, and Trevor Koverko, founder of PolyMath. It is supported by leading investors that include variants, primitive companies, performance guild games
and Orange Dao through its seed round of $ 10.5 million.
