The presale aims to raise $750,000, representing 10% of the total token supply, to support a decentralized data marketplace for AI robots.
Rice Robotics announced it will initiate the sale of its RICE tokens on August 5 through the TokenFi Launchpad, targeting a presale of $750,000, which represents 10% of the total token supply of 1 billion, resulting in a valuation of $7.5 million. The company has deployed indoor delivery robots at locations like SoftBank's Tokyo headquarters and 7-Eleven stores in Japan. RICE tokens will incentivize data contributions and platform governance, contributing to deflation through fee buybacks.