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    $MITAI token launches with a pledge to fund independent research

    A launch announcement says all fees from the token’s activity go toward independent research associated with MIT.

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    1 Source, 15d ago, first seen 15d ago

    TLDR

    The announcement describes $MITAI as a collective effort conceived during discussions among colleagues. Its author claims all fees from the token’s activity go toward independent research associated with MIT, framing the project around concerns that research departments are among the hardest hit when cuts happen.

    Combined views

    57

    1 Source, first seen 15d ago

    Combined views

    57

    1 Source, first seen 15d ago

    2 comments
    2 comments

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    1 Source

    @bakkermichielWas deliberating with some colleagues over the weekend, and we hatched the idea for $MITAI. With the AI industry’s recent scares taking a significant toll on prospects for future development, the unfortunate truth is that research departments and their associated resources are some of the hardest hit areas when cuts start happening. This token was launched in a collective effort to help further a more capable world, with all fees associated with the coin’s activity going toward independent research associated with MIT. (Linked in thread.) More news to come from the wider team in the coming day. CA:0x783e798d23baa5b60a20a2e46ec5d128abac05f0

    1 Source

    @bakkermichielWas deliberating with some colleagues over the weekend, and we hatched the idea for $MITAI. With the AI industry’s recent scares taking a significant toll on prospects for future development, the unfortunate truth is that research departments and their associated resources are some of the hardest hit areas when cuts start happening. This token was launched in a collective effort to help further a more capable world, with all fees associated with the coin’s activity going toward independent research associated with MIT. (Linked in thread.) More news to come from the wider team in the coming day. CA:0x783e798d23baa5b60a20a2e46ec5d128abac05f0