"Hello Friends, Today, we'll delve into the @AukiLabs / @Posemesh project mentioned in my 'Anticipated AI Projects' post. 🤖 They've recently raised over $18 million in funding.
The first community sale will take place on the @citizendxyz platform, a newly established launch platform worth exploring.
IN SHORT
#Posemesh SDK is a decentralized perception network and spatial computing protocol that helps devices and AI understand their physical environments. The SDK (Software Development Kit) provides developers with the tools, libraries, and documentation needed to integrate this technology into their devices and applications.
It surpasses traditional positioning systems like GPS by enabling devices to understand their locations and surroundings more accurately.
Reading the documents, they mention that companies that have tried to develop similar technologies in the past did not prioritize privacy. However, #Posemesh offers a technology that aims to protect user privacy through a decentralized structure.
$AUKI is the native cryptocurrency used within the Posemesh network and has various functions to support the network's economy. Participants will be rewarded with $AUKI tokens in exchange for the resources and services they provide to the network.
Tokenomics Summary
The initial total supply will be 10 billion, deflating as services are consumed until it reaches a total supply of 5 billion $AUKI. Token Allocations https://auki.gitbook.io/whitepaper/tokenomics/token-allocations Token Emission https://auki.gitbook.io/whitepaper/tokenomics/emission-schedule
For a better understanding of the project, you can visit the YouTube link I've left below. https://youtube.com/watch?v=esfmPo-pLT0
To grasp the company's scale, check out their LinkedIn profile, where you can also find team information.