TaaS Fund Backs Up Neuromation, The Universal Marketplace Of Neural Network Development.
Neuromation.io that combines key components necessary to build deep learning solutions with synthetic data on the platform with distributed computing has confirmed another major partnership deal, linking up with tokenized closed-end fund TaaS. It’s a significant win for both Neuromation team and TaaS token-holders, allowing token-owners to capitalize on the rise of blockchain markets engaging in the inherent risks and technical barriers associated with owning, transferring and trading cryptoassets.
Token-as-a-service (TaaS) is the last-generation tokenized closed-end fund dedicated to cryptoassets, designed to reduce the risks and technical barriers of investing in the blockchain. TaaS’ token sale event raised 7.6M USD(T) in April 2017. Today, TaaS is the first post-ICO blockchain project to produce 61% ROI for its first fully-operational quarter. Now TaaS approaches the end of its second quarter with a market capitalization exceeding 45M USD(T) and its token price of over 5.7 USD(T)/TAAS.
This partnership will see Neuromation gaining advanced access to crypto-markets, giving the Neuromation team a significant edge over their competition. It will also challenge both TaaS and Neuromation to explore new ways to enhance and strengthen synergy in the blockchain space.
Ruslan Gavrilyuk, President and CEO of TaaS said, “Neuromation is focused on developing AI and deep learning. From this perspective, deployment of the Neuromation platform on blockchain technology is essential. TaaS sees it becoming the keystone of the future success of the project. This partnership and further cooperation will become an area of great promise and potential for both parties”.
Neuromation CEO, Maxim Prasolov, said “ We are delighted to announce this deal in partnership with the TaaS fund. Combining the new digital frontiers of Blockchain and AI we are spreading the technological synergy to the industrial and trade processes. Today AI development is costly therefore its wide usage and implementation are slow. Neuromation offers the revolutionary solution to unite distributed computing power with the needs of thousands of deep learning projects and b2b clients all over the world. As a producer of synthetic data and trainer of neural networks, Neuromation is the first client of its own platform. Using this complex solution we have already achieved significant progress in our Retail Lab, providing image recognition services to major retail brands. We believe in the fast-growing economy of tokenization and our platform will be an integral part”.