The circulating supply and total amount of PRAI tokens are scheduled to be revealed during the Token Generation Event (TGE). Within the Privasea ecosystem, PRAI is intended to support decentralized governance, Proof of Humanity verification, and secure AI computations.

Privasea was established by David Jiao (also known as Yin Jiao), an entrepreneur whose expertise spans AI, blockchain, and cryptographic security. He started his career in AI and autonomous systems, where he directed the creation of self-driving cars and raised $20 million for his initial startup.

Jiao entered the Web3 space in 2021 after taking on the role of CEO at NuLink, a project dedicated to proxy re-encryption (PRE) for blockchain privacy. In 2022, he departed NuLink to launch his own venture merging AI with blockchain technology. During this time, he deepened his knowledge of privacy computing, particularly confidential computing, and recruited a team comprising university professors and PhD holders. The group evaluated Fully Homomorphic Encryption (FHE) and Multi-Party Computation (MPC), ultimately selecting FHE due to its higher potential, which marked the beginning of Privasea.

Guided by Jiao, Privasea has developed into a prominent confidential AI network that combines FHE, decentralized computing, and Proof of Humanity (PoH) verification, seeing adoption on Solana, Arbitrum, and BNB Chain.

Following the Token Generation Event, PRAI tokens are scheduled to become tradable on major exchanges. The team states that further information regarding specific listings will be released soon.