MMAI develops the PureChain blockchain and associated technologies centered on its patented Smart Auto Mining (SAM) consensus and mining systems. The company received final patent confirmation for SAM and signed a $2 million contract earlier in 2023 to accelerate PureChain’s completion. PureChain is described as a Layer 1 blockchain that implements a Proof of Authority in Square (PoA2) consensus and incorporates SAM Plus for faster, more energy-efficient mining. The network also leverages a Layer 2 Ethereum blockchain for high-volume cryptocurrency transactions and an additional Layer 2 for secure data transfer. MMAI plans to debut PureChain in Q3–Q4 2023 and to open its Metaverse, PureWorld, to the public in July 2023. The company is headquartered in Orange, CA, USA.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2023