 | AI Crypto (AIC)ICO  AI Crypto is an artificial intelligence ecosystem based on blockchain. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is AI Crypto
The AI Crypto platform will comprise three layers: AI Crypto Vessels, AI Crypto Skeleton and AI Crypto Organism.
The participants of the AI Crypto Ecosystem take part in the system by providing the main factors of AI, such as hardware, data, and models, in the stratum defined as AI Crypto Vessels. They provide the resources they possess and get coins as a fee from the resource users in return. At the same time, when the resources are proven worthy by other members of the ecosystem, the providers get additional rewards in the AI Crypto Skeleton in accordance with the principle of Proof of Value (PoV).
The individuals taking part in the AI Crypto Ecosystem provide some portions of the computational capacity in their own GPUs to the public network to supply resources needed for AI calculations and get rewarded with AIC coins in return. The computational units distributed over the public network will be allocated to requested works by the Resource Allocator in AI Crypto Skeleton. The collected fees for using the resources will be distributed by the Contribution Rating System provided in the Vessels to realize the philosophy of Proof of Value (PoV).
In the AI Crypto Ecosystem users can use some or the whole parts of a shared dataset for free or on a paid basis. The fee is delivered to the data providers as a reward and some portion of it is used as a commission for running AI Crypto Skeleton. The created data should meet the criteria of the initial requester and can later be provided to other users in need of that data either for free or on a paid basis. If the created data is used frequently in the AI Crypto Ecosystem, resulting in the boost of AI Crypto Ecosystems consumption value, it is evaluated highly by Contribution Rating System in AI Crypto Skeleton and the provider gets rewarded with coins owned by AI Crypto Skeleton according to the principle of PoV.
DetailsPre-sales: May 09, 2018 - May 23, 2018Public sales: May 30, 2018 - Jun 30, 2018 Token supply: 5000000000 Soft cap: 10,000 ETH Hard cap: 50,000 ETH Raised: 4,750,000 USD LegalCountry limitations: USA, ChinaRegistration country: Singapore BountySocial media: 52%Bitcoin talk signature campaign: 18% Other: 30 | Token infoTicker: AICType: Utility-token Token standard: ERC-20 Token price in USD: 1 AIC = 0.0075131 USD Token price in ETH: 1 Token = 0.000010 ETH Accepted currencies: ETH Token distribution: 50% - Token Sale 25% - Early Investors and Team 10% - Company Reserve 10% - Advisors and Partners 5% - Operating/Marketing Funds allocation: 42% - Development 25% - Operating Expenses 14% - Marketing and Accounting 11% - Business/Strategic Expenses 8% - Reserve |
AI Crypto Roadmap
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About AI Crypto
AI Crypto is a company developing an AI ecosystem on Blockchain. Blockchain has become a popular topic. You may already know that Blockchain technology uses masses amount of computing power for mining. Countries like China use tremendous amount of GPU, therefore, using excessive amounts of electricity. However, the kinds of GPU calculation used on Blockchain are actually useless and meaningless calculations. GPU is normally used not only for Blockchain, but for Artificial Intelligence researches as well. Companies like Al Crypto are working on developing AI, but also using GPU. Due to the increase in demands for GPU, the price of it increased significantly resulting in the difficulty to conduct AI researches.
AI Crypto actually started by asking a simple question: “How can we create more value when using GPU?” The answer was: Researching AI was the way. They are developing a technology, which can verify transactions through AI machine-learning calculations. It’s called POV, short for Proof of Value. When you do an AI machine-learning calculation, you will get rewards in return. However, there could be users like scammers when there are rewards involved. In order to prevent this, the Al team have created the distributed GPU network. When machine-learning researchers request to use the GPU resources, the system distributes the request evenly to the GPU pools, meaning the network. This network prevents the possible misuse of GPU or researchers struggling with the calculations.
AI Crypto team has involved in AI research for a long time. Based on their experiences, they have faced several difficulties. First, GPU power is a costly resource. Second is about data. This is a key point because conducting a machine learning research requires big data in good quality. Big corporations such as Google and Facebook can easily assess data, but when starting the AI research, it’s difficult to obtain. Lastly, the difficulties of developing models. A model is similar to an algorithm. It requires significant time and effort to develop and to use them. Therefore, AI team came up with a solution. Since the machine learning is simple to use, it asks questions like: Is it a dog or a cat? To answer this question, people actually need to provide a data to train the machine, specifically the model. They have to process images of a cat or a dog to the machine for it to learn the difference. In the case for voice recognition, they would need to have numerous voice data and its transcription. As a matter of a fact, machine learning is a man-laboring task, so they want many people to participate in it for tasks to be completed. In return, the AI company will reward them with AI coins.
As it was mentioned before, AI models have used in dialogue analysis, voice recognition, image analysis and so on. The developers of these models will only provide to companies contributing to AI service. At the very bottom line, there are the GPU network with the GPU network providers. Above them, there are the data providers, which are the most important in machine learning. At the very top, there are the model providers. They not only provide services in the platform, but also provide API to companies, which want to contribute to Artificial Intelligence services through API. The companies that provide AI can utilize the API provided by AI team for such purposes as voice recognition and other services.
The platform, where they create and distribute GPU, data and models, are crucial to AI researches through a coin system called AI Crypto. It’s aimed for people that conduct AI researches to find the AI Crypto ecosystem easily accessible and effective for the research. The Platform is based on the Ethereum’s ERC 20. This is because ICO and the registration exchange are easily available. Not only this, but the things mentioned such as GPU, data, and model are effective to form and distribute by the smart contract architecture. When AI Crypto system is completed, they are absolutely certain that it will provide many AI services that will be useful. The whitepaper has already been released. You can find it on the website.
The beta version of AIC platform API and SDK will be released in December.