Raiinmaker price

RAIIN

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Raiinmaker, with its ticker RAIIN, is at the forefront of integrating blockchain and AI technologies to create a dynamic ecosystem where users can actively participate in the digital economy. At the heart of Raiinmaker's technology is a decentralized AI and blockchain infrastructure that allows users to earn cryptocurrency by contributing to AI model training, transaction validation, and content creation. This approach not only democratizes access to AI development but also ensures that contributors are fairly rewarded for their efforts.

The blockchain on which Raiinmaker operates is a federated hybrid protocol, which combines the strengths of both public and private blockchains. This architecture is designed to be scalable and modular, allowing for the seamless integration of decentralized AI tools and AI-powered smart contracts. The blockchain's consensus mechanism is particularly innovative, utilizing immutable proofs of identity, behavior, and network activity. These proofs are then hashed to public blockchains, such as the Sei Network, ensuring transparency and security.

Security is a critical aspect of Raiinmaker's blockchain technology.

Raiinmaker's ecosystem is not just about blockchain and AI; it also includes platforms like the Raiinmaker AI Super App and Coiin.ai. These platforms empower users to capture, upload and annotate videos, contributing to high-quality video datasets for computer vision training. Users earn COIIN tokens for their contributions, which can be converted into RAIIN tokens for trading and staking. This process generates GDPR-compliant datasets that are licensed to enterprises through major marketplaces like AWS and Google.

One of the standout features of Raiinmaker is its ability to enable users to train AI models and run DePIN-enabled validator nodes directly from their smartphones. This accessibility means that anyone with an iOS or Android device can participate in the network, contributing to AI model training and infrastructure development from anywhere in the world. Users receive fractional rewards based on the value of their contributions, fostering a collaborative environment where human and AI interactions are transparent and equitable.

The Raiinmaker Network's use of AI-powered smart contracts is another technological advancement that sets it apart. These smart contracts automate processes and ensure that rewards are distributed dynamically based on objective measures of on-chain user actions and network reputation. This system not only incentivizes active participation but also maintains the integrity and efficiency of the network.

Incorporating a decentralized AI approach, Raiinmaker leverages the power of collective human intelligence to train AI models. This collaborative effort enhances the quality and accuracy of AI models, benefiting both contributors and enterprises. The decentralized nature of the network ensures that value flows directly to those who contribute, aligning with Raiinmaker's mission to foster human-AI collaboration through transparent and equitable mechanisms.

Raiinmaker (RAIIN) is a groundbreaking platform that merges Web3 and AI technologies to create a decentralized ecosystem where users can contribute to AI model training. This innovative approach allows individuals to upload and annotate video datasets, which are crucial for developing computer vision applications. By participating, users earn COIIN tokens, which can be converted to RAIIN tokens for trading and staking, offering a tangible reward for their contributions.

One of the standout features of Raiinmaker is its decentralized physical infrastructure network (DePIN), supported by over 452,000 validators. This network enables users to operate validator nodes directly from their smartphones, democratizing access to AI model training. This means that anyone, regardless of their technical background, can participate in the creation and refinement of AI models, fostering inclusivity and diversity in the AI development process.

Raiinmaker's applications extend to various industries by providing GDPR-compliant datasets, Raiinmaker ensures that enterprises can access high-quality data through platforms like AWS and Google marketplaces. This not only meets the growing demand for AI-driven solutions but also ensures that contributors are fairly compensated for their efforts.

The platform's blockchain architecture is both scalable and modular, incorporating decentralized AI tools and AI-powered smart contracts. This structure supports a federated hybrid blockchain protocol that uses a unique consensus mechanism. By leveraging immutable proofs of identity, behavior, and network activity, Raiinmaker ensures that contributors receive dynamic rewards based on their on-chain actions and network reputation.

Through these mechanisms, Raiinmaker empowers users to actively participate in the AI ecosystem, promoting a transparent and equitable distribution of value. This approach not only enhances the development of AI technologies but also ensures that contributors are recognized and rewarded for their valuable input.

Early Milestones & Development:

Growing Validator Network: As of March 2024, the Raiinmaker Network had already achieved over 150,000 validators and processed a staggering 12 million transactions, indicating robust growth and widespread adoption. Over 40,000 validators had successfully completed KYC verification, showcasing a commitment to compliance. The total count of wallets holding $COIIN tokens surpassed 150,000. Initial Focus: The project's vision became clearer with the emergence of applied blockchain assets like NFTs and the rise of AI, aiming to build an AI and blockchain-based infrastructure. Seed Funding: In April 2024, Raiinmaker secured a significant $7.5 million in a seed funding round, co-led by Jump Capital and Cypher Capital. This investment highlighted growing interest in Raiinmaker's approach to AI training via mobile devices. Other notable participants included Gate.io Labs, MEXC Global, Krypital Group, Launchpool, New Tribe Capital, and others.

Key Releases & Partnerships (Projected & Achieved):

Mainnet Launch: Raiinmaker officially launched its Mainnet in June 2024, marking a transformative step in decentralized AI and blockchain technology. This introduced a secure, scalable, and transparent ecosystem for users and developers. Native Token Launch: Following the seed funding, the introduction of their native token, $COIIN, was slated to further solidify its position within the blockchain and AI landscape. Users can earn $COIIN tokens through uploading and annotating videos. AI Reputation Score Integration: In October 2024, Raiinmaker's AI App integrated an AI Reputation Score, enhancing its incentive mechanisms. Enterprise Layer and AI Compute Capabilities: Raiinmaker announced plans for an enterprise layer slated for Q3 2024 and AI compute capabilities scheduled for Q4 2024, indicating expansion into enterprise solutions. Partnerships (June 2025): Raiinmaker Partners with Aethir to Launch TRAIIN VIDEO: This collaboration aims to power ethical AI with decentralized compute. Raiinmaker x Solana Mobile: This partnership focuses on unlocking the future of decentralized AI, suggesting integration or collaboration with the Solana mobile ecosystem. Movement to Sei Network (June 2025): Raiinmaker's AI Ecosystem has been moved to the Sei Network, indicating a strategic decision to leverage Sei's performance and capabilities. Ongoing Developments:

Expansion of Super App: Enhancements to the Raiinmaker Super App are continuously being implemented to further incentivize users for their participation. Decentralizing AI: Raiinmaker is actively exploring how AI and blockchain are creating a significant market opportunity by decentralizing the future of machine learning and allowing individuals to profit from their data. Ethical AI Innovation: Raiinmaker is committed to ethical AI, putting in place incentive mechanisms that encourage users to interact with decentralized AI models and ensuring individuals gain value for their contributions. These events highlight Raiinmaker's rapid development and its strategic positioning at the intersection of Web3, AI, and DePIN.

Coiin (COIIN token) is the token users earn by contributing high-quality video datasets for computer vision training through the Raiinmaker AI Super App and Coiin.ai platforms. It functions as an internal reward token within the Raiinmaker ecosystem. Coiin tokens can be strategically converted to $RAIIN tokens for external trading and staking.

Raiin ($RAIIN token) is the primary token that powers the self-reinforcing Raiinmaker ecosystem. $RAIIN supports staking, governance, and data transactions. It has an initial supply of 100,000,000 tokens. Users can obtain $RAIIN by converting their earned COIIN tokens, and it's intended for external trading and staking. $RAIIN tokens are also affected by "burn units," which are tied to the current total supply and can impact a user's economics score and act as a multiplier for NVL validator nodes.

In essence, Coiin is the utility token earned for contributions within the Raiinmaker platform, while Raiin is the overarching governance and utility token that powers the broader Raiinmaker ecosystem and can be traded externally.