PANews reported on November 6 that Pundi AI launched the testnet of Pundi AI Data, a new decentralized data annotation platform, using blockchain technology to completely change the way AI data is collected and managed. The platform is open to individuals and organizations around the world to contribute data, supporting diverse data such as text, images, and videos. Through the unique "annotate to earn rewards" model, users can not only earn income by annotating data, but also effectively improve data quality, helping AI developers obtain higher quality and more diverse data materials, and providing guarantees for more accurate AI training. This innovative initiative will promote data democratization, allowing every participant to receive equal rewards in the AI ecosystem.

Based on blockchain technology, Pundi AI Data ensures the transparency and credibility of all data contributions and transactions. Every piece of data on the platform will be encrypted, verified, and stored in the form of non-fungible tokens (NFTs) to ensure the source and authenticity of the data. Zac Cheah, founder of Pundi AI, said that as AI models become increasingly complex, the demand for high-quality training data is also growing. Pundi AI's decentralized platform is not only scalable, transparent and secure, but also gives global users the opportunity to participate in AI transformation and promote fairness and democratization of data ownership. Through the launch of this test network, Pundi AI is laying the foundation for the future AI data ecosystem, making AI development more inclusive and making data a trustworthy resource.