Floki Partners with Rice Robotics on Tokenization Effort
Floki and Rice Robotics are set to launch the Minibot M1, an AI-powered companion robot that will operate on the RICE AI platform. The partnership aims to advance Floki's blockchain initiatives by tokenizing its brand and AI data marketplace through TokenFi, a project focused on tokenizing real-world assets. The AI robotics market is anticipated to grow from $22 billion to $100 billion by 2030, which positions Rice Robotics for substantial growth. Rice Robotics boasts a client roster that includes major players like Nvidia and Softbank. Earlier this year, Rice AI secured over $7 million in pre-Series A funding from investors such as Alibaba Entrepreneurs Fund and Soul Capital. Through collaboration, both companies aim to enhance robot capabilities by creating a decentralized system for sharing high-quality training data.
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