
Sapien Foundation Launches Token Generation Event for AI Data Foundry
The SAPIEN token generation event will take place on Aug. 20, enabling a decentralized approach to AI data management.
The Sapien Foundation, which oversees the decentralized data platform for AI known as Sapien AI, will launch its SAPIEN tokens on August 20. This event caters to a decentralized data foundry aimed at AI applications.
Highlights:
- The token generation event (TGE) will introduce 25% of a total of 1 billion SAPIEN tokens.
- These tokens, based on Coinbase’s layer-2 Base, are designed to enhance the protocol’s capacity to facilitate high-quality data for AI models.
- Included in this event is a fair launch mechanism which ensures equitable distribution.
Event Details:
The TGE aims for an initial unlock of 25% of the tokens, with an additional 5% designated for early contributors and 0.5% allocated to top members of its partner community, CookieDAO. The roll-out will also feature other incentives for participants in the Sapien Squad and Discord holders.
Following the token launch, collaborations with major industry players are expected, which will fortify the ecosystem and enhance the AI data quality trust framework. The Sapien Foundation is confident that its model, invoking Proof of Quality, will address critical industry challenges regarding data authenticity and trustworthiness.