Openmind has currently secured up to 20 million in private sale funding, which is undoubtedly a significant amount for Openmind. This funding will be used to build a top-notch technical team and conduct cutting-edge technological research and development. This 20 million will be the strongest guarantee for Openmind on its path to success, and also the confidence to develop top-tier products.

At the same time, Openmind is planning to integrate the node operators of Pi Network to run AI workloads. This collaboration is highly significant, as it equates to instantly having a large, distributed, and initially verified decentralized network foundation, solving the challenges of node quantity and distribution during the project's cold start.

Through collaboration, OpenMind can directly reach the vast user base of tens of millions within the Pi Network, providing a potentially huge market for future AI products and services. At the same time, the Pi ecosystem also needs cutting-edge narratives like AI to enhance its own value, making this a win-win strategy.

It is estimated that Openmind will launch the testnet after completing initial development, allowing community members and developers to conduct node testing themselves, as well as deploy Dapps. Openmind will continue to improve based on the results, aiming to provide users with a unique experience during the public beta.

In addition to Pi Network, Openmind is likely to establish partnerships with other public chains, AI research institutions, or hardware manufacturers. Both parties will develop a deeper collaboration, which will have significant differences in decentralization and algorithms compared to traditional AI.
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