Rice Robotics, a company specializing in AI robots, is collaborating with Floki. The company will launch a Floki-themed robot and its own RICE token, which will be airdropped to FLOKI holders.
Minibot will be an AI-powered task assistant that can provide various services to users. Users interacting with minibots will receive RICE tokens, as human data can help train the company's AI models.
Memecoins are typically not related to the development of artificial intelligence (AI) and robots. However, Floki has promoted creative Web3 initiatives, with some projects truly creating utility. The project is also attempting to launch an ETP in Europe.
Floki has now created a new breakthrough with its partnership with Rice Robotics, which could become the first major business relationship between the AI and crypto fields.
Rice Robotics is the parent company specializing in robot manufacturing, while Rice AI focuses on software and DePin protocols that support these machines.
The company will launch the RICE token through TokenFi, a tokenization platform that is part of the Floki (FLOKI) ecosystem.
Initially, users on the waiting list and FLOKI holders will receive RICE tokens in the next airdrop. Subsequently, the primary method of mining the new token will be through interaction with physical robots.
Essentially, the FLOKI M1 minibot can help users perform household tasks, and they will receive RICE tokens for these interactions. In other words, the Floki-themed robot will record human data to train AI protocols.
Users will be rewarded with RICE tokens when using their robot assistant for various activities in a real-world environment. The program may expand to other minibots in the future.
The FLOKI M1 Minibot is a very ambitious project, and Rice Robotics has opened its waiting list. Previously, the company has worked with major clients like Nvidia, Softbank, Dubai Future Foundation, and 7-Eleven. The minibot itself will be supported by Nvidia's nano computer.
The company has raised $7 million in its Series A funding round earlier this year, with SoftBank considered a major AI client. One of the company's primary investors is e-commerce giant Alibaba.
The partnership between Rice Robotics and Floki marks an unprecedented combination of robots and the memecoin world, two fields that initially seem completely different.
Watchers are eagerly waiting to see if this partnership will be successful. By combining the popularity of memecoins with the practical applications of robots, Floki and Rice Robotics may create a new path, merging the appeal of memecoins with real-world utility.
FLOKI has had a positive reaction to this event, with its price jumping over 14% in the past 24 hours and trading volume surging 125%, reaching $211 million.
FLOKI is currently trading around $0.8899 with a market capital of over $850 million.
You can view FLOKI's price here.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should thoroughly research before making decisions. We are not responsible for your investment choices.
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Viet Cuong
