Coinsilium Partners with Context Protocol to Bolster AI Economy

Coinsilium Group Limited has announced a strategic advisory agreement with Context Protocol, a blockchain designed to facilitate the AI economy. Context Protocol aims to address misinformation and fraud by creating a blockchain infrastructure for transparent AI interactions. This initiative is grounded in Decentralised Retrieval-Augmented Generation technology, which enhances privacy and verifies knowledge bases.

The platform introduces 'TEX', a native token to support transactions and governance. Coinsilium will guide Context Protocol in areas like tokenomics and partnerships. The protocol is raising $3 million to enhance its marketing and technology efforts, especially targeting the smart city sector. The advisory agreement, subject to confidentiality, may include success payments in cryptocurrencies based on project milestones.