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RICE AI is a platform for crowdsourced robotics data collection. It enables teleoperators to remotely control robots and gather data from robot vision, joint movements, and force measurements. Teleoperators can use webcams with skeleton detection, joysticks, VR controllers, or teleoperation rigs, earning token rewards based on the device's dexterity.
Individuals or companies can contribute robots—such as humanoid robots, mobile bimanual robots, quadrupeds, or AI toys—to designated data collection centers for token rewards. Higher rewards are offered for robot types in greater demand. These centers operate in real business settings or lab-built environments.
The collected data is sold to research labs and companies. RICE AI also trains robotics foundation models using this data, offering access to these models via a monthly subscription. Clients paying with the platform’s native token receive a discount. Fees from data sales are used to burn tokens, reducing the total supply. The token also serves as a governance mechanism for the platform.
An AI evaluation model assesses data quality from teleoperators, supported by human data labellers who rank sample data based on task completion efficiency. An AI model predicts data episode similarity, and a clustering-based embedding database filters out redundant data to maintain quality.
Who Are the Founders of RICE AI?
RICE AI was founded by Victor Lee, who also serves as the CEO of Rice Robotics. Lee previously co-founded GOGOX, Hong Kong’s first logistics unicorn, where he contributed to scaling the team from 5 to over 300 across the region. With a background in Industrial Design, he holds degrees from UC Berkeley and The Chinese University of Hong Kong, including a Juris Doctor. In 2021, Lee was named EY Entrepreneur of the Year for his contributions to robotics and innovation. He established RICE AI to address the data bottleneck in robotics AI development.
How Many RICE AI Coins (RICE) Are There in Circulation?
There is a maximum supply of 1 billion RICE — but at the time of writing, there was a circulating supply of about 187 million at TGE.
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The live RICE AI price today is $0.061010 USD with a 24-hour trading volume of $18,796,869 USD. We update our RICE to USD price in real-time. RICE AI is up 15.85% in the last 24 hours. The current CoinMarketCap ranking is #1093, with a live market cap of $11,413,891 USD. It has a circulating supply of 187,083,333 RICE coins and a max. supply of 1,000,000,000 RICE coins.