AI project Sapien establishes foundation and reveals native token name SAPIEN

AI data collection company Sapien announced the establishment of the non-profit entity Sapien Foundation, responsible for maintaining the ecosystem and the development of the token SAPIEN. The foundation will focus on infrastructure construction, governance guidance, and protocol openness, promoting users to contribute knowledge and receive rewards. SAPIEN adopts a proof of stake mechanism to reward high-quality contributions and punish misconduct, ensuring ecological transparency, fairness, and community drive. Previously, AI data collection company Sapien completed a seed round financing of $10.5 million, led by Variant.