
Raiinmaker (RAIIN)
- Price: $0.0014 - 24h: ▼ 17.93%
- Market Cap: $57,049
- 24h Volume: $170,339
- Rank: # 7969 (by Market Cap)
- Last Updated: 29 seconds ago
Raiinmaker is a decentralized infrastructure platform focused on enabling the collection, validation, and monetization of high-quality, human-generated data for use in training artificial intelligence (AI) models.
Raiinmaker (RAIIN) Trust Score
The Trust Score (0-100) assesses an asset's safety based on its stability, liquidity, and smart contract security. Higher score = Lower risk.
(High Risk)
(Moderate)
(Low Risk)
Raiinmaker (RAIIN) Bull/Bear Trend Strength
7 Day Market Momentum
(Strong Sell)
(Sideways)
(Strong Buy)
30 Day Market Momentum
(Strong Sell)
(Sideways)
(Strong Buy)
Raiinmaker (RAIIN) Latest Market Data
Current Values
- Current Price: $0.0014
- 24h Trading Volume: $170,339
- Market Cap: $57,049
- 24h Market Cap Change: ▼($12,556)
- Fully Diluted Valuation: $136,791
Price Changes
- 24 Hour Price Change: ▼ 17.93%
- 7 Day Price Change: ▼ 62.19%
- 30 Day Price Change: ▼ 84.16%
- 60 Day Price Change: ▼ 96.20%
- 1 Year Price Change: ▲0.00%
Current Price Relative to Yesterday Open/Close
(No Data)
(No Data)
Current Price Relative to Yesterday High/Low
(No Data)
(No Data)
Current Price Relative to 7 Day Open/Close
(No Data)
(No Data)
Current Price Relative to 7 Day High/Low
(No Data)
(No Data)
Current Price Relative to 30 Day Open/Close
(No Data)
(No Data)
Current Price Relative to 30 Day High/Low
(No Data)
(No Data)
Raiinmaker (RAIIN) 30 Day Open, High, Low, Close Chart
What is Raiinmaker (RAIIN)?
Raiinmaker is a decentralized infrastructure platform focused on enabling the collection, validation, and monetization of high-quality, human-generated data for use in training artificial intelligence (AI) models. It leverages blockchain technology to create a secure and transparent environment where individuals and organizations can contribute data, participate in validation processes, and earn rewards in the form of RAIIN tokens. Raiinmaker addresses the critical need for accurate and diverse datasets required for AI development, particularly in areas where human insight and verification are essential. By creating a marketplace for data, Raiinmaker aims to democratize access to AI training resources and incentivize the creation of high-quality datasets.
How Does Raiinmaker Work?
Raiinmaker operates on a four-layer blockchain architecture designed to ensure secure and efficient data handling. The layers include a user layer for data contribution, an enterprise layer for utilizing the validated data, and a validator layer for verifying data accuracy. Users contribute data through the Raiinmaker mobile app, which allows for the upload of video and other types of data. This data is then passed to the validator layer, where individuals using the desktop validator platform review and verify the data’s quality and accuracy. The consensus mechanism ensures that only high-quality data is accepted into the system. Once validated, the data is made available to enterprises for use in training their AI models. Contributors and validators are rewarded with RAIIN tokens, creating a mutually beneficial ecosystem. The blockchain’s immutability ensures data integrity and transparency throughout the process, fostering trust among participants.
Raiinmaker Key Features and Technology
Raiinmaker boasts several key features that distinguish it within the blockchain and AI data landscape. A core component is its focus on Human-in-the-Loop (HITL) verification, ensuring data accuracy and relevance through human oversight. This is crucial for datasets where nuance and contextual understanding are paramount. The four-layer blockchain architecture provides a scalable and secure framework for managing data contributions, validation, and distribution. The RAIIN token serves as the native currency within the ecosystem, incentivizing data contribution and validation activities. Raiinmaker’s mobile app provides a user-friendly interface for data contributors, while the desktop validator platform offers tools for efficient and accurate data verification. The platform’s design emphasizes transparency and data provenance, allowing users to track the origin and validation history of data. By using blockchain technology, Raiinmaker ensures that data is securely stored and protected from manipulation. Below are some of the technology features:
- Decentralized Data Validation: Leverages a network of validators for human-in-the-loop data verification.
- Tokenized Rewards: Incentivizes data contribution and validation with RAIIN tokens.
- Secure Blockchain Infrastructure: Ensures data integrity and transparency using blockchain technology.
- User-Friendly Mobile App: Simplifies data contribution for users.
- Scalable Architecture: Designed to handle large volumes of data efficiently.
What is Raiinmaker Used For?
Raiinmaker has a wide range of potential use cases across various industries. Its primary purpose is to provide high-quality, human-verified data for training AI/ML models. This is particularly valuable in areas such as autonomous driving, where accurate and reliable data is essential for safety and performance. The platform can also be used in the entertainment industry for creating more realistic and engaging content. In the sports sector, Raiinmaker data can be used to improve player performance analysis and training methods. Beyond these specific industries, Raiinmaker can be applied to any field that relies on AI/ML models requiring high-quality data, such as healthcare, finance, and education. The platform’s ability to collect, validate, and monetize data makes it a valuable resource for AI developers and researchers seeking to improve the accuracy and effectiveness of their models.
How Do You Buy Raiinmaker (RAIIN)?
Purchasing RAIIN involves a few key steps. First, you will need a cryptocurrency exchange account that supports the trading of RAIIN. Some popular exchanges that have listed RAIIN include [Insert Exchange Name if known, otherwise leave generic name such as “a major cryptocurrency exchange”]. You’ll likely need to create an account and complete the necessary KYC (Know Your Customer) verification process. This typically involves providing personal information and uploading identification documents. Once your account is verified, you’ll need to deposit funds, usually in the form of a more common cryptocurrency like Bitcoin (BTC) or Ethereum (ETH), or potentially a fiat currency like USD or EUR, depending on the exchange. After your deposit is confirmed, you can navigate to the RAIIN trading pair (e.g., RAIIN/BTC or RAIIN/USDT) and place an order to buy RAIIN. You can choose between market orders (executed immediately at the current market price) or limit orders (executed only when the price reaches a specified level). Once your order is filled, the RAIIN tokens will be credited to your exchange wallet.
How Do You Store Raiinmaker (RAIIN)?
Storing RAIIN securely is crucial to protecting your investment. You have several options for storing your RAIIN tokens, each with its own advantages and disadvantages. Exchange wallets are the most convenient option for frequent trading, but they are generally considered less secure than other methods. Software wallets are applications installed on your computer or mobile device that allow you to manage your RAIIN tokens. Popular software wallets include [Insert Example Software Wallets if known, otherwise leave generic name such as “MetaMask, Trust Wallet, and Exodus”]. These wallets offer a balance between convenience and security, but it’s important to keep your device secure and back up your wallet regularly. Hardware wallets are physical devices that store your private keys offline, providing the highest level of security. They are ideal for long-term storage of RAIIN tokens. Examples of hardware wallets include [Insert Example Hardware Wallets if known, otherwise leave generic name such as “Ledger and Trezor”]. Finally, you can use a paper wallet which is considered to be the most secure but also the least practical. It requires manually generating keys and printing them without connection to the internet and then storing it offline in a secure location. When selecting a storage method, consider your individual needs and risk tolerance.
Future Outlook and Analysis for Raiinmaker
The future outlook for Raiinmaker is closely tied to the growth and development of the AI industry. As the demand for high-quality training data increases, Raiinmaker’s platform could become increasingly valuable. Its focus on human-in-the-loop verification addresses a critical need for accuracy and reliability in AI datasets, setting it apart from other data providers. The success of Raiinmaker will depend on its ability to scale its validator network and attract both data contributors and enterprises seeking AI training resources. The platform’s ability to adapt to new data formats and AI/ML use cases will also be crucial for its long-term viability. Furthermore, continued innovation in blockchain technology could lead to further improvements in the efficiency and security of the Raiinmaker platform. Potential challenges include competition from other data providers and the need to navigate evolving regulatory landscapes in the blockchain and AI industries. However, if Raiinmaker can successfully address these challenges and continue to provide valuable data and services, it has the potential to become a leading player in the decentralized AI data market.
References
- CoinGecko: https://www.coingecko.com
- CoinDesk: https://www.coindesk.com
- [Add any other references you used]