Privasea AI
PRAI
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Privasea AI (PRAI) is a privacy-preserving AI and Proof-of-Humanity project deployed on the BNB Smart Chain utilizing Fully Homomorphic Encryption (FHE). Despite an initial $5M seed round backed by notable investors such as Binance Labs, Gate Labs, and MH Ventures, the project currently demonstrates severe distress across multiple metrics. Active development has largely stalled over the last 12-18 months with no recent tagged releases, roadmap updates, or visible shipping. Community and market activity have dwindled drastically, characterized by 24-hour trading volumes under $1,000, severe liquidity constraints, a market cap below $110K, and a 99.5% drawdown from all-time highs. Furthermore, no verified third-party smart contract audits were found, public team identities remain undisclosed, and on-chain governance lacks active DAO proposals. On the positive side, no protocol hacks, exploits, or regulatory actions were identified (an unrelated vulnerability affecting PraisonAI was confirmed distinct from Privasea AI), and there is no evidence of a rug pull or intentional fraud.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Privasea AI (PRAI)
Privasea AI (PRAI) is a privacy-preserving artificial intelligence and Proof-of-Humanity network deployed on the BNB Smart Chain (BEP-20). The project is designed around the DeepSea AI Network and the FheID application, utilizing Fully Homomorphic Encryption (FHE) to facilitate confidential computation and identity verification. The PRAI token has a fixed total supply of 1,000,000,000 units and is intended to serve as a utility asset for accessing computational resources, AI-driven KYC services, and API integrations. The project secured a $5 million seed round from investors including Binance Labs, Gate Labs, and MH Ventures.
While the project outlines an on-chain governance structure for token holders to vote on network updates, there is no evidence of active DAO operations or executed proposals. Insiders and strategic partners were allocated approximately 35.5% of the total token supply subject to multi-year vesting schedules. The project's public profile shows that core team members and executives remain anonymous, and active development has largely stalled, with no verified repository releases, roadmap updates, or audits delivered in over 12 to 18 months.
PRAI has suffered severe market distress, experiencing a drawdown of more than 99.5% from its May 2025 all-time high of $0.09621 down to an all-time low of $0.0004843 in August 2026, with market capitalization falling below $110,000. Daily trading volume is constrained, often ranging between $100 and $1,000. Additionally, no third-party smart contract audit reports have been identified for the token or network contracts, although the project has not experienced any verified security exploits, hacks, or regulatory actions.