Privasea is a startup incubated by non-other than Binance Labs. The fully doxxed team aims of advancing privacy-centric computing infrastructure via fully homomorphic encryption (FHE) solutions tailored for both web2 and web3 users. In addition to that, the company is actively working on the Privasea AI Network, a decentralized machine learning inference network built on the foundational library engineered for optimal FHE operation handling.
Privasea emphasizes data value circulation, enabling secure sharing of encrypted data calculation results within the network while maintaining user data ownership. The solution can also be easily deployed into various Layer 1 (L1) and Layer 2 (L2) blockchains or infrastructure ecosystems. The incentive tokenomics aspect is adaptable to different chains for smooth deployment. Whilst leveraging on the power of decentralized computating, Privasea is also able to significantly reduces gas fees for users submitting FHE machine learning assignments to the network, incentivizing miners through long-term token value.
To encourage innovation and facilitate the commonplace accessibility, Privasea shall be keeping the FHE library open-sourced. Privasea AI Network builds on BNB Greenfield as a Service Provider, merging privacy-preserving technology with innovative blockchain storage, promising unparalleled data security, control, and Web3 evolution.
Privasea offers a privacy protection infrastructure based on FHE. Specifically, it incorporates a built-in biometrics-based FHE authentication model for Telegram users to securely verify their identities, granting access to specific services.
To learn more about the project, read the whitepaper here.
Resources
Website: https://www.privasea.ai/
Twitter: https://twitter.com/Privasea_ai
Telegram: https://t.me/Privasea_ai
Blog: https://www.privasea.ai/blog
Discord: https://discord.com/invite/HdB2GPTx
Participating in the Private Sale
IMPORTANT: Private Sale is currently only available to Tier-1 holders and holders of the Private Sale Pass. To find out more info for the pass, read here.
For further Vesting and Pricing info, refer to the Oxbull Calendar here.
In view of the nature of the raise, the Private Sale is not protected by Oxbull Immunity.
Qualifying Deadline: Stake KWAI by 11th January 2024, 0001UTC
Tier 1 Contribution: 11th January, 1000 UTC — 12th January, 1000 UTC
Tier 2 Contribution(with Private Sale Pass): 11th January, 1000 UTC — 12th January, 1000 UTC
Tier 3 Contribution(with Private Sale Pass) : 12th Jan, 1100 UTC — 1130 UTC FCFS
Tier-3 Whitelist Link: https://zealy.io/c/oxbulltechofficial/questboard?view=sprintFor Contribution, head over to: https://oxbull.tech/app/project/privasea
To find out how to contribute, read here.
Please be advised that contribution will be conducted in USDT (on BNB Chain).
Further info and queries:
Please follow the official KWAI telegram group for further details of the claim time and changes, if any.
IMPORTANT NOTES: Qualification of all Tiers will require STAKING or qualification via NFT. In the event where an Investor who has not Stakd but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.
Staked holdings are required to be maintained until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed. No IDO Tokens will be provided and No Refunds will be made.
Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.
Disclaimer
Our content is intended to be used as information and education purposes only. It is very essential to do your own research and analysis before doing any investment decision or otherwise. Do Your Own Research.
Information is accurate at time of writing and can be subject to change.
KWAI Labs shall not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damages and/or expenses and/or any losses you may suffer arising out of such information or any reliance you may place upon such information.
Any further arrangements between you and any third parties contacted via the Website/Affiliated links are at your sole risk.
