What Is Ritual?
Ritual is a decentralized AI infrastructure that builds a sovereign execution layer, allowing developers to run and monetize AI models with on-chain provenance and verifiable outputs. By introducing Infernet, it enables smart contracts and dApps to access AI and heavy compute directly with proofs of integrity, privacy, and censorship resistance.
In a landscape where AI is centralized and blockchains lack verifiable compute, Ritual bridges the gap by providing trustless, transparent, and privacy-preserving AI integration.
Through its modular network and model marketplace, Ritual transforms AI into programmable digital assets, unlocking new opportunities for decentralized finance, governance, and Web3 applications.
Ritual Team | Who Are The People Behind Ritual?
Ritual is a decentralized AI infrastructure project designed to bring artificial intelligence on-chain through open, permissionless systems. The project was co-founded by Niraj Pant and Akilesh Potti, who bring a mix of venture capital, machine learning, and crypto-native expertise.
Niraj Pant, Co-Founder, was a General Partner at Polychain Capital, where he invested in early-stage crypto and blockchain projects. He studied computer science at the University of Illinois Urbana-Champaign and contributed research at the Decentralized Systems Lab.
Akilesh Potti, Co-Founder, has a background in machine learning and quantitative trading. He previously worked at Palantir on advanced data systems and later became a partner at Polychain, with research experience at MIT and Cornell.
Together, Pant and Potti combine venture capital expertise, AI research, and engineering experience to build Ritual’s decentralized AI infrastructure.
Ritual Funding Rounds
Ritual has raised significant capital to advance its mission of building a decentralized AI infrastructure that brings artificial intelligence on-chain through open, permissionless systems.
In November 2023, Ritual secured $25 million in a Series A round led by Archetype, with participation from dao5, Accomplice, Anagram, Hack VC, Dialectic, and others.
The funds aim to expand Ritual’s team, grow its developer ecosystem, and accelerate the launch of its decentralized AI network..
Ritual Airdrop – Step-By-Step Guide
👉 STEP 1: Head over to https://ritual-synful.domino.page/quests.
👉 STEP 2: Log in with your Discord account and complete the tasks.
👉 STEP 3: Keep an eye on official announcements and hope for the best!
Key Takeaways of Ritual
Ritual is a decentralized AI infrastructure that creates a sovereign execution layer, enabling developers to run and monetize AI models with verifiable outputs and on-chain provenance. Its core innovation, Infernet, connects smart contracts and dApps to AI and heavy compute with proofs of integrity, privacy, and censorship resistance.
By bridging the gap between centralized AI and blockchains lacking verifiable compute, Ritual delivers a trustless, transparent, and privacy-preserving framework for AI integration. This opens the door for scalable, secure, and decentralized use of artificial intelligence across multiple industries.
Overall, Ritual matters because it reimagines the relationship between AI and blockchain, creating an open and permissionless framework for developers and innovators to build the future of on-chain intelligence.
Community Details About Ritual
It is important to stay connected so you can quickly hear about new developments and announcements about Ritual.
Here are the official channels that you should be following:
- 🌐 Website: https://ritual.net
- 🐦 Twitter/X: https://x.com/ritualnet
- 💬 Discord: https://discord.gg/ritualnet
- 📝 Docs: https://docs.ritual.net
Lastly, always make sure to use official links from verified sources to avoid scams or phishing attempts.
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