The emerging AI project Theoriq announced recently that it will launch a public fundraising on the KaitoAI capital platform. The project plans to start raising funds on July 25 at 12:00 UTC, with a target of 2 million USD and a project valuation of 75 million USD. This valuation is a 50% reduction from the previous valuation of 150 million USD, attracting widespread attention from the market.

The amount that investors can participate in starts at $1,000, with a maximum limit of $100,000. The token unlocking mechanism of Theoriq is designed as follows: 25% is unlocked immediately, 37.5% is unlocked after 12 months, and the remaining portion is released linearly over the following 24 months. This relatively flexible unlocking strategy may attract more interest from content creators.

It is worth noting that the Theoriq team has a strong background, including industry experts from Google and Consensys. It is reported that the project has previously completed over $10 million in funding.

Theoriq is the second project launched on the KaitoAI platform, with more projects expected to follow in the future. However, the platform's first project has encountered some challenges in the KYC (Know Your Customer) process, which may affect the decisions of some investors.

For interested investors, the 75M valuation of the Theoriq project is worth further in-depth study. With the rapid development of AI technology, innovative projects like Theoriq may play an important role in the future technology field.