Hala logo

Hala (HALA)

Status
ICO

HALA is a decentralized AI platform, which connects blockchain, AI and businesses.

Hala White Paper Whitepaper

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NA
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User Rating
Medium
3/5 1 votes
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Ticker
HALA
Type
Utility-token
Token standard
ERC-20
FoundedEstonia, 2017
Registration countryEstonia
Registration year2017
Office addressSepapaja tn 6, Tallinn, Harju maakond, 15551, ESTONIA

What is Hala

The HALA platform will function as follows:

Hala will launch smart contracts for miners (knowledge and performance miners) where all the main terms and conditions are described, including Hala training process, rewards for skills creation, rating, leased computing power, remuneration rates, contract duration, etc. Then HALA will transfer tokens to a network pool of miner's smart contracts for further processing, after which the knowledge miners can start the training process.

Performance miners use their resources to execute AI tasks to train new Machine learning models for each new skill. When new skills are ready they will appear in the skill store and become available for clients. The pricing model for clients includes annual license and subscription, based on the client's preference.

The business users start communication with Hala to manage their questions and problems, within this process Hala creates AI tasks and passes them to the performance miners to proceed with machine learning algorithms and natural language processing.

Hala Roadmap

1
2017: Proof of Business (pilots)

Idea was born. Development was started. MVP was released for B2B clients; Delivered first Pilot Project in Germany; Joined SAP Startup Focus Program; Got investment from SWG; Participation in accelerator program SWG; Joined SAP & Skolkovo Co-innovation program.Pilot project in Ukraine.

2
2018 Q2/Q3: Hala Token Sale

Period of describing the project, preparation white-paper, sales deck, web sites, building Ethereum Smart Contract for upcoming Hala Token Sale event. Marketing. Hala Token pre-sale and sale. Token distribution. Marketing.

3
2018 Q4: Initialization

Start developing blockchain network considering capabilities of AI platform and future knowledge program. Grow the community of contributors that will become knowledge miners. Source the best team. Marketing activity. Onboard 3rd party providers. Delivering pilot projects.

4
2019 Q1/Q2: AI Platform

Release of AI platform that include client portal, skills store, digital assistant builder and beta version of knowledge share platform. Involvement of knowledge miners in testing period and development. Delivering projects in Europe for clients, Grow skills data base and number of integration.

5
2019 Q3: Knowledge share platform

Release global knowledge share program, grow the number of contributes to at least five thousands people. Smart contracts for miners. UI for training, testing and deploying skills for miners. Rating procedure and forum. Developing of AI, ML, NLP services. Sales. Marketing.

6
2019 Q4: Decentralized Autonomous Organization

Developing decentralized autonomous organization that is run through rules encoded as smart contracts. All financial transaction record and program rules are maintained on a blockchain and available to everyone.

7
2019 Q4: Decentralized Autonomous Organization

Developing decentralized autonomous organization that is run through rules encoded as smart contracts. All financial transaction record and program rules are maintained on a blockchain and available to everyone.

8
2019 Q4: Decentralized Autonomous Organization

Developing decentralized autonomous organization that is run through rules encoded as smart contracts. All financial transaction record and program rules are maintained on a blockchain and available to everyone.

9
2019 Q4: Decentralized Autonomous Organization

Developing decentralized autonomous organization that is run through rules encoded as smart contracts. All financial transaction record and program rules are maintained on a blockchain and available to everyone.

10
Future

Integration with 3rd party. Inbuilt Hala capabilities into the new software and existing. Integration Hala into the existing products (laptop, mobile phones, computers). Launch Hala version for consumer market. Continues development of Development - AI, Machine learning, blockchain. Sales.

Token Sale Dates

ICO

Start date: Oct 01, 2018
End date: Nov 01, 2018

Token Allocation

Presale Token Supply 74000000
Total Token Supply 138000000

Funding Details

Soft Cap 200,000 USD
Hard Cap 17,000,000 USD

Restrictions

Residents of the following countries are prohibited from participating
USA, Canada, China, Singapore

Token distribution


47% - Token Sale
15% - Team
28% - Reserve Pool for Knowledge Share Program
10% - Strategic Partnership

Funds allocation


37% - Research and Development
35% - Marketing and Sales
28% - General and Administrative Expenses

Token Price and Payment Options

Token price USD 1 HALA = 0.10 USD
Accepted Currencies ETH

Project team

Andrii Rudchuk
Andrii Rudchuk
CEO & Founder
Andrii Rudchuk linkedin-team
Mykyta Bazhenov
Mykyta Bazhenov
CTO & Founder
Mykyta Bazhenov linkedin-team
Iurii Kobernyk
Iurii Kobernyk
Senior Full-stack engineer
Iurii Kobernyk linkedin-team
Dmitriy Gerasimenko
Dmitriy Gerasimenko
Senior DevOps engineer
Dmitriy Gerasimenko linkedin-team
Dmitry Dementyev-Dedelis
Dmitry Dementyev-Dedelis
Blockchain Advisor, Co-founder at DigiPulse
Dmitry Dementyev-Dedelis linkedin-team

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