KuCoin AMA With Privasea AI (PRAI) — A New Era of Secure Data Processing in AI via Decentralized Infrastructure
Dear KuCoin Users,
Time: May 26, 2025, 10:00 AM - 10:49 AM
KuCoin hosted an AMA (Ask-Me-Anything) session in the KuCoin Exchange Group, featuring Gigi, BD lead of Privasea.
Official Website: https://www.privasea.ai/
Follow Privasea AI on X, Telegram and Discord
Q&A from KuCoin to Privasea AI
Q: Can you provide a comprehensive overview of the Privasea AI project, highlighting its mission, foundational technologies, and how it aims to reshape the way artificial intelligence handles sensitive user data?
Gigi: Privasea is all about Confidential AI. We built an AI network where all computation happens on encrypted data - nobody, not even node operators, ever sees your raw data. This is made possible by Fully Homomorphic Encryption (FHE for short), which runs right in the background while users interact with products as usual.
Our Proof-of-Humanity (PoH for short) system lets real users verify themselves and access apps without giving up control of their identity. You get a face check, but the math happens on encrypted vectors, so there’s no plain biometric data floating around anywhere. It works on any smartphone, so there’s no barrier for onboarding.
Most AI and PoH projects either skip real privacy or add friction with special hardware or complex onboarding. We wanted normal users to have the same level of security as an enterprise - no trade-offs, just confidential computation and real user checks.
Q: It’s exciting to see how Privasea is shaping the future of private AI. What’s your long-term vision for the platform? Do you see Privasea becoming the default privacy layer for AI across all sectors—from government services to personal apps?
Gigi: We’re working toward exactly that, making Privasea the go-to confidential layer for AI, wherever sensitive data is used. The long-term vision is simple: confidential AI should be the baseline, not the exception. If AI can learn from your data, it should do so without anyone — companies, governments, or even us — ever seeing or controlling that raw information.
We’re building so any developer, business, or even public institution can plug into our network and get confidential computation out of the box, with the same ease as using regular cloud services. Whether it’s healthcare records, financial analysis, biometric login, or chatbots, everything runs on encrypted data. That covers everything from consumer apps up to national infrastructure.
If we do our job right, people won’t have to think about privacy as a separate feature anymore. It will just be part of how AI runs in the background, always on, always enforced, no matter the industry or the use case. That’s the goal — one network, open and accessible, setting the standard for how AI and data confidentiality can work together everywhere.
Q: What initiatives will Privasea employ to boost the token's price, liquidity, and relevance? What are your strategies for ensuring the long-term viability of the enterprise and maximizing cash flows?
Gigi: We keep things practical and focused on real usage - not just hype. Token demand comes from actual network activity, so we’re pushing adoption on several fronts at once.
First, as more projects, platforms, and dApps tap into our confidential AI and Proof-of-Humanity tools, PRAI gets used for service fees, verification, and staking. This is already happening with integrations on Solana, Arbitrum, and through our partnerships. Real use means more demand, not just speculation.
Liquidity will be deepened through listings on major exchanges and targeted campaigns with CEXs, DEXs, and various trading competitions. We’ll also open staking and node-running rewards, so people have real reasons to hold and use PRAI instead of just trading it.
For long-term viability, the focus is on growing enterprise use cases — think Confidential AI in healthcare, finance, onboarding, and identity for Web3 and Web2. We’re building out APIs and SDKs so any business or developers can plug Privasea in without major knowledge about ML and FHE. Each new client, partner, or use case brings more transaction flow and recurring demand.
On cash flow, the model is straightforward: service fees from confidential AI computation, enterprise subscriptions, API usage, and node operator incentives. This mix keeps revenue coming in from both crypto-native and traditional sectors.
The real value comes as usage, integrations, and ecosystem partnerships grow. If Privasea is powering confidential AI across industries, token relevance and value follow naturally. That’s where we’re heading.
Q: In what specific ways does the Privasea platform differentiate itself from other privacy-focused AI or decentralized data projects currently in the blockchain and data protection ecosystems?
Gigi: A lot of projects talk about privacy, but most rely on standard encryption or ZK proofs for narrow cases. Privasea goes much further by running all AI and verification tasks directly on encrypted data using FHE, no one ever sees or touches the raw data, not even during computation. That’s a big technical leap compared to masking, sharding, or just encrypting data at rest.
We don’t require special hardware or user-unfriendly onboarding. Any smartphone can use our Proof-of-Humanity app, and the process never leaks biometric info, photos, or anything sensitive. There’s no “Orb”, no palm scanners, no hardware wallets, and no centralized point of trust. The result is both easier and more secure for end users.
On the enterprise side, we are building everything for plug-and-play integration—APIs, SDKs, on-chain verifications, and PoH NFTs work across major blockchains like BNB Chain, Solana and Arbitrum. You don’t have to be a cryptography expert to adopt our platform.
Most other projects are either “privacy coins,” developer libraries, or centralized ID solutions. Privasea is full-stack confidential AI network, live PoH verification, user-friendly apps, decentralized node operation, and direct enterprise support. Data always stays encrypted, compliance is automatic, and adoption isn’t blocked by friction.
Q: What are your plans for reaching out to the global community to build partnerships and attract customers or users in 2025 and 2026?
Gigi: We’re scaling up global outreach in a few targeted ways. First, we’re investing heavily in developer adoption, open APIs, SDKs, docs, and direct technical support, so teams anywhere can integrate confidential AI or Proof-of-Humanity tools into their products with minimum effort. This means ongoing hackathons, global developer grants, and in-person workshops across major tech hubs.
For enterprises and Web3 partners, we will be running industry pilots and direct collaborations in healthcare, DeFi, gaming, and onboarding places where privacy, user verification, or secure computation matter. We’ll keep closing deals with top chains, platforms, and wallets, building on the integrations we already have with BNB Chain Solana, Arbitrum.
We’re also active at major conferences, community events, and regional summits, not just as attendees but as speakers and sponsors. Expect to see Privasea at both Web3 and AI-focused shows around the world, with live demos and real-world case studies.
On the user side, community growth is powered by airdrop campaigns, referral incentives, and social engagement. We keep all onboarding as simple as possible - no special hardware or complex KYC.
In short, expect more developer resources, more ecosystem partnerships, and regular real-world launches with new apps, pilots, and campaigns in different regions. The goal is to make Privasea's tools accessible everywhere, for both individuals and businesses, no matter where they are.
Free-Ask from the KuCoin Community to Privasea AI
Q: Do you have any official social media channels, like Twitter, Telegram, or Discord, where I can find the latest news about PRAI? I've come across several fake groups on Telegram and Twitter, so I want to make sure I'm following the right ones. Can you provide the links to your official channels?
Gigi: Here’s the official link to our Telegram group. You can also follow us on X for the latest updates and information.
Q: How does Privasea’s integration of Fully Homomorphic Encryption (FHE) ensure data privacy during AI computations? What trade-offs, if any, does it introduce in terms of performance and scalability?
What advancements is Privasea making in Fully Homomorphic Encryption (FHE) or Secure Multi-Party Computation (SMPC) to help bring privacy-preserving AI into more practical, real-world use cases?
Gigi: With FHE, all AI processing happens directly on encrypted data. That means even node operators, app developers, or Privasea itself never see your raw inputs. The model receives and processes encrypted vectors, and the output remains encrypted until it reaches the user. This ensures zero exposure of sensitive data at every stage.
As for trade-offs:
Yes, FHE is more computationally intensive than standard AI processing. But we’ve optimized the system to run smoothly on consumer hardware (like smartphones), and we’ve developed task-specific models that are faster and lighter.
We’re also using parallelization and decentralized compute nodes to scale workloads efficiently, so performance bottlenecks are minimized over time as the network grows.
Q: How do you plan to promote your project in countries where English is not widely spoken? Do you have local communities or language-specific initiatives to help users better understand your project?
Gigi: One of our products — FHesim— is a telecom-grade solution that brings encrypted identity and AI processing to mobile users. It’s designed to work seamlessly with local carriers, meaning users can verify themselves or access AI tools directly through their SIM cards, without ever exposing personal data. This makes onboarding secure and language-independent — no complicated KYC forms or apps required.
To promote Privasea globally, we’re actively building regional ecosystems in Korea, Japan, Southeast Asia, and the Middle East. This includes working with local partners, hosting community events in local languages, and collaborating with influencers and developers native to those regions.
Our long-term goal is to make privacy-preserving AI accessible everywhere — not just for developers and crypto-native users, but for everyday people, in their own language and with local infrastructure.
Learn more here.
Q: Is your project designed only for English-speaking countries, or do you also support users who speak other languages?
Gigi: Here’s the Discord link to join our global community.
Q: Could you kindly provide the Whitepaper? Thank you!
Gigi: Check out our whitepaper on our website via this link.
KuCoin Post AMA Activity — Privasea AI
🎁 Participate in the Privasea AI AMA quiz now for a chance to win 137.00 PRAI.
The form will remain open for five days from publishing this AMA recap
Privasea AI AMA - PRAI Giveaway Section
KuCoin and Privasea AI have prepared a total of 11,500 PRAI to give away to AMA participants.
1. Pre-AMA activity: 2,700 PRAI
2. Free-ask section: 660 PRAI
3. Flash mini-game: 5,400 PRAI
4. Post-AMA quiz: 2,740 PRAI
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