ICO & Bounty Nebula AI

 

      Greetings to you, dear readers. I am always glad to share with you the most promising ideas and start-ups from the world of crypto-currencies. They are created in order to facilitate our life with you, and to change the world in the future.

       Technology is changing the world at an exponential pace, and the reality is some of the most important technologies are still in their roots. Artificial intelligence powers everything from the delivery app that recommend you your current meal to the engineering processes of some of cutting-edge machinery. Yet humanity is still far from fully grasping the full power of this technology.

       One of the primary barriers in advancing AI is that its development remains primarily centralized. A few large technology companies are driving the advancements in AI and they expand research based on their financial limitations. The two most poignant drawbacks to this are that advancement is slow, and a few hands control the development of today’s most important technology.

        A major expense of artificial intelligence is that it requires massive computing power. Nebula AI is providing a platform where the GPU miners can allocate their computing power towards utility by artificial intelligence developers.

                      

      Nebula AI is a decentralized blockchain 3.0, integrated with artificial intelligence computing services. It can significantly reduce the traditional electricity usage on mining, by converting GPU mining machines into AI computing units. It allows anyone access AI computing resources from anywhere to anyplace in the world.

     Nebula AI will utilize the decentralization of blockchain technology to rent and distribute the computing power of artificial intelligence machines globally. Blockchain encryption technology efficiently avoids the problem of internal leakage and the maintenance of distributed AI calculation units is handed over to the owners of various AI calculation units, which considerably reduces the workload of maintenance.

       Today, there are many services with artificial intelligence, such as Amazon and Google, but these systems are centralized and inefficient. The NBAI easily fixes this problem by creating a decentralized community where security is a major factor in your data.

               The idea of  this and other similar projects is based on two simple things :

1. The lack of computational power for machine learning tasks and big data analysis, and on the other hand 
2. The surplus of these capacities in the mining, from the practical point of view, as a rule, absolutely useless and unnecessary. 

                            

                                                      NEBULA AI Project

1. Shared AI Computing Platform The shared AI computing device platform will address the unbalanced demand between consumers and suppliers of AI devices. Suppliers of AI computing devices cannot use 100% of their computing power, which leads to some computing resources being idle. On the other hand, a large number of users who need the computing power of artificial intelligence cannot obtain the economical and efficient AI computing resources. Peer-to-peer payment in blockchain technology, as well as blockchain ledger technology, enable shared AI computing to be paid and shared in the most convenient way.
2. AI Physical Computing Units A large number of GPU computing mining machines can be converted into AI computing units, from simple hash calculation into more meaningful AI task calculation. Due to the particularity of AI calculation, it is necessary to pre-install the specified system and regularly update the client, including the ledger system, in order to play hardware performance better and share AI computing power.
3. Decentralized AI Applications Decentralized AI Applications system requires a corresponding interface for DAI App programmers to invoke conveniently and use the platform’s computing power. It includes the payment API, computing capacity estimation API and work estimation API, etc., in order to speed up the development of AI applications.
4. Integrated IPFS Distributed Storage Decentralized applications require distributed file storage systems to store data. An option is the IPFS storage system to replace the traditional centralized cloud storage or local file storage, in order to achieve better distributed storage. InterPlanetary File System (IPFS) is a protocol and eponymous network designed to create a content-addressable, peer to-peer method of storing and sharing hypermedia in a distributed file system. The nodes in the IPFS network will form a distributed file system [2]. Most of the future IPFS will use cross-chain service. Please read the section of Cross-chain Service Usage to know more about cross-chain technology.
5. AI Engineer Training Center Nebula AI will establish a systematic artificial intelligence training center to provide practical knowledge in the field of artificial intelligence. Engineers gradually create and train artificial intelligence models in product design through system learning and project operations. We are dedicated to disseminating the latest applications and knowledge in the AI industry and developing and delivering outstanding AI talents. Our mission is to fill the talent gap, give full play to the power of artificial intelligence in business.

     For beginners, all this seems to be a set of complex specific terms. Partly, it is so. But the idea itself is simple and easy to explain - it's a new blockchain system that will be run by mining farms, just like they work for example on Ethereum – Proof of Work. Just their power will be used to solve problems related to the needs of artificial intelligence. To train a certain AI algorithm, you need large resources. And in the case of Nebula AI, the power of video cards will be directed not at the routine calculation of hashes, but in the training of neural networks. Energy costs will be lower for those who will go to mining in this blockchain. The problem I was talking about at the beginning of the article is solved in this way.

        To realize all these ideas, Nebula AI team will need a large number of qualified specialists, the best in their field. For this, Nebula AI makes attempts to interact with universities and research centers. Currently, there is already a joint work with young specialists from the University of Montreal (Canada).     For all calculations within the platform, developers create a NBAI token. This is a token of the ERC-20 standard at today.After the launch of the maynet in September 2018, it is planned to go to its own blockchain.

                                                         NEBULA AI Technology

• QUANT AI Analyzing time series and training deep learning models based on AI algorithm to forecast the real-time trend and implement automatic trading of cryptocurrencies.
• SENTIMENT ANALYSIS Building natural language processing algorithms on the blockchain allows the user to classify the polarity of a given text and extract the attitude of the writer. All sentences sent on the chain would be recorded.
• WRITING RECOGNITION By using multiple neural networks, Nebula AI receives and recognizes intelligible handwritten inputs such as characters, words, and phrases.

                                                       NEBULA AI Ecosystem

Figure 1: NBAI Ecosystem

• The NBAI ecosystem consists of two major components, the NBAI foundation and the NBAI system. The NBAI foundation supports the development, operation, and management of blockchain development platforms, AI joint labs, and engineer training centers.

                                        

• NBAI system integrates the top-level applications such as DAI App, scientific research and application, university education, and the bottom-level of NBAI blockchain, Artificial Intelligence Mining Machine and Artificial Intelligence Data Center.

Figure 2: NBAI Economic Model

• Figure 2 indicates the economic model of NBAI ecosystem. Developers provide users with DAI Apps, users pay for NBAI tokens or use Apps for free based on rules set by the developers. Developers submit artificial intelligence tasks to NBAI and pay for NBAI tokens based on NBAI’s estimated costs.

                           

• Then NBAI will open the tasks and miners are free to receive and handle the tasks from NBAI, they will get the corresponding NBAI token as a reward after completing the tasks. Clients and miners can trade NBAI tokens through the exchange, so as to achieve a complete set of value-added economic systems.

                        ICO Information

• Ticker: NBAI
• Token type: ERC20
• ICO Token Price: 1 NBAI = 0.0051 USD (0.00001 ETH)
• Fundraising Goal: 15,400,000 USD (30,000 ETH)
• Total Tokens: 6,700,000,000
• Available for Token Sale: 45%
• Whitelist: Yes
• Know Your Customer (KYC): Yes
• Bonus for the First: 30% on pre-sale
• Min/Max Personal Cap: 0.1 ETH / 50 ETH
• Accepts: ETH  

 Token Distribution

                                                            Conclusion

     This is a good project, NEBULA AI will bring new breakthrough in technology blockchain, so i hope this project will success and visit this link below for more information about the project. 

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 All the important information about the Nebula AI project can be found here: 

Website : https://nebula-ai.com/

Whitepaper : https://www.nebula-ai.com/whitepaper/NBAI_whitepaper_EN.pdf

Telegram : https://t.me/NebulaAICommunity

Twitter : https://twitter.com/nebula_ai

Facebook : https://web.facebook.com/NebulaAI/ 

Linkedin : http://linkedin.com/company/nebula-ai/

Github: https://github.com/nebulaai 

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2928531.0 

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