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    3. raullenchai

    raullenchai

    To build an open ecosystem for real-world AI and DePIN, transforming machine data into collective intelligence.

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    At a Glance

    1Tool Listed
    5Products
    4Tool Views
    5Capabilities
    Discussions
    Menlo Park, CaliforniaHeadquarters
    2017Est.
    100Employees
    $80000000Raised
    Focus Areas
    Local Inference
    AI Infrastructure
    LLM Orchestration
    Connect
    Latest News
    IoTeX launches Rapid-MLX, officially the fastest local AI engine for Apple SiliconMay 5, 2026
    IoTeX 2.0: Modular Infrastructure for DePIN ReleasedJun 1, 2024
    Markets
    • DePIN Developers
    • IoT Manufacturers
    • Smart City Infrastructure
    • AI Research

    AI Tools by raullenchai

    (1)
    View Rapid-MLX
    Rapid-MLX tool icon

    Rapid-MLX

    Local AI Inference for Apple Silicon

    Local InferenceAI InfrastructureLLM Orchestration

    Discussions

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    Latest News

    05/05/2026

    IoTeX launches Rapid-MLX, officially the fastest local AI engine for Apple Silicon

    x.com
    06/01/2024

    IoTeX 2.0: Modular Infrastructure for DePIN Released

    Official IoTeX Blog
    04/03/2024

    IoTeX secures $50M in funding from Borderless Capital and others for DePIN growth

    CoinDesk
    01/15/2025

    IoTeX Announces AI Expansion with 'Physical Intelligence' Initiative

    IoTeX Press Release

    Products & Services

    5
    Rapid-MLX
    May 2026

    The fastest local AI engine for Apple Silicon. Features 4.2x speed compared to Ollama, tool calling, and prompt caching.

    W3bstream
    2023

    Decentralized middleware for off-chain compute and verifying real-world data.

    ioID
    2024

    Decentralized identities for machines and physical devices.

    Ucam
    2020

    Blockchain-powered home security camera with privacy focus.

    Market Position

    Modular, blockchain-agnostic infrastructure layer specifically for DePIN and AI applications.

    Leadership

    Founders

    RC

    Raullen Chai

    Co-founder and CEO. PhD in Cryptography from University of Waterloo. Former Security Lead at Uber and Tech Lead at Google.

    QG

    Qevan Guo

    Co-founder. PhD in Machine Learning from NUS. Former Product Scientist at Facebook and Research Scientist at Google.

    XF

    Xinxin Fan

    Co-founder and Head of Cryptography. PhD in Cryptography from University of Waterloo. Former Senior Research Engineer at Bosch Research.

    JS

    Jing Sun

    Co-founder and Head of Investment. Former Founding Partner at Sparkland Capital with 40+ investments in blockchain/IoT.

    Executive Team

    RC

    Raullen Chai

    CEO

    Cryptography expert, former Uber and Google security leader.

    AB

    Aaron Basi

    Head of Product

    Focuses on product strategy for DePIN infrastructure.

    Board of Directors

    JL
    Jack Lee
    Advisor (Founding Managing Partner at HCM Capital/Foxconn)
    RP
    Robert Parker
    Advisor (Former CTO of Samsung SmartThings)
    MA
    Mukul Agarwal
    Advisor (Founder of BootUP Ventures)

    Founding Story

    Founded by cryptography and ML experts from Uber, Google, and Facebook to address IoT privacy and scalability using blockchain.

    Business Model

    Revenue Model

    Ecosystem tokenomics (gas fees), hardware sales (Ucam, Pebble), and infrastructure service fees for developers.

    Pricing Tiers

    IOTX Token
    Variable

    Used for gas fees and network utility within the ecosystem.

    Ucam
    ~$50

    Retail price for the blockchain security camera.

    Pebble Tracker
    ~$200

    Retail price for the hardware tracker.

    Private

    Target Markets

    Industries & Segments
    • DePIN Developers
    • IoT Manufacturers
    • Smart City Infrastructure
    • AI Research
    Use Cases
    • DePIN
    • Supply Chain
    • Smart Home
    • AI Model Training
    Notable Customers
    • Samsung Next
    • Bosch
    • Helium
    • Polygon

    Quick Facts

    Headquarters
    Menlo Park, California
    Founded
    2017
    Entity Type
    Foundation
    Employees
    100
    Total Funding
    $80,000,000+
    Investors
    Borderless Capital, Amber Group
    Office Locations
    Menlo Park
    Singapore
    Shenzhen
    Tortola

    Funding History

    Private Sale$30,000,000
    Feb 2018
    Draper Dragon
    Kenetic Capital
    Digital Currency Group
    Ecosystem Fund$50,000,000
    April 2024
    Borderless Capital
    Amber Group
    Foresight Ventures

    History & Milestones

    2026

    Launched Rapid-MLX, the fastest local AI engine for Apple Silicon.

    2024

    Announced IoTeX 2.0 upgrade and secured $50M in ecosystem funding.

    2022

    Launched MachineFi initiative to connect real-world devices to Web3.

    2020

    Released Ucam, blockchain-powered home security camera, winning CES Innovation Award.

    2019

    Launch of Mainnet Alpha (GAEA).

    Key Capabilities

    5
    W3bstream Middleware
    ioID Machine Identity
    Layer 1 Blockchain
    Tool Calling
    Prompt Cache

    Integrations & Partnerships

    Platform Integrations

    • EVM
    • Polygon
    • Arbitrum
    • Solana (via W3bstream)

    Key Partnerships

    Polygon
    OKX
    Samsung Next

    Connect

    Website
    pypi.org/project/rapid-mlx
    GitHub
    raullenchai

    AI Topics

    3

    raullenchai focuses on these topics:

    Local Inference(1)
    AI Infrastructure(1)
    LLM Orchestration(1)
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