POPA ReconPearl (PRL): The Coin Mined by the Math Behind AI
Pearl (PRL): The Coin Mined by the Math Behind AI Pearl Research Labs reportedly raised $130M from Lightspeed, Ribbit and Square Peg: $55M in equity plus a $75M GPU fund. Its PRL coin is already top-100 at a $628M market cap. Pearl is a proof-of-work L1 where GPUs mine by multiplying matrices, the core math of AI, instead of burning power on hashes. Overhead on real models is only about 4-5%, so the same work can serve paid AI jobs and secure the chain. PRL launched in April with no token sale and no VC allocation. Max supply is 2.1B with no halvings. The founders are CS professors at Hebre…
The excerpt is quoted from a public Telegram channel, which owns its text.
Read the original post on Telegram