TokenFi Set to Launch Presale for Floki Minibot on May 23
Business/Tech

TokenFi Set to Launch Presale for Floki Minibot on May 23

TokenFi will initiate a presale for the Floki Minibot M1 AI robot on May 23, aligning with the rollout of its real-world asset tokenization module.

Overview

TokenFi, a sister initiative of Floki concentrating on real-world asset (RWA) tokenization, is poised to tokenize the Floki Minibot M1, an AI robot developed by Rice Robotics. This venture is touted as the first instance of tokenizing a consumer-grade AI robot.

Key Points

  • The tokenization is set to align with TokenFi’s RWA tokenization module launching on May 23.
  • Simultaneously, a presale will commence for the Minibot M1’s token, specifically for users on a whitelisted list compiled by Rice AI and chosen participants from the Floki ecosystem.

The Floki Minibot operates autonomously and is constructed on the RICE AI platform. Rice Robotics partners with prominent companies such as Nvidia and Softbank.

“This is the first time in history that an AI robot will be tokenized,” TokenFi expressed in a statement, emphasizing its significance for both the company and the AI robotics sector.

Floki developers anticipate growth for Rice Robotics in the AI robotics industry, with market projections suggesting its expansion could exceed $100 billion by 2030.

Note: TOKEN has reportedly risen by 19% in the past day, amidst an overall uptick in major tokens.

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