MAGNUS COLLECTIVE: FUELING THE AI AND ROBOTICS FUTURE

adaoramma (46)in #blockchain • 6 years ago (edited)

INTRODUCTION

The robotic industry is systematically bringing a facelift to our everyday life, the way we live, what we eat, what we do ND even in the business ecosystem and other spheres of life. In the year 2015 recorded an estimation of 1.63 million industrial robots being used in operations worldwide according to International Federation of Robotics. These robots are being increasingly used in wide range of industries for different operational purposes. However, artificial intelligence and computing power birthed the emergence of industrial robots. These robots has been systematically programmed in such a way that they have a complex reasoning ability, can talk, walk, handle majority tasks that human can handle. What this entails is that, the labour world becomes more eco-friendly and comfortable as robots-force replaced human-force. However, despite the fact that robotics have been adopted by several manufacturing companies, projecting a steady growth in the manufacturing and labour market and the economy as a whole, one may assume the industry is without flaws. The reverse is however the case here as many problems beset the efficiency of the industry as they are yet to be widely embraced and effectively used by some ecosystems especially in the homes. These problems can be seen from various perspectives such as the ones below;

High cost of production resulting to inefficient productions.
The applications of robots became slow and expensive to manage.
Poor and inadequate infrastructures for the programming of robots
Slow turnarounds resulting to higher time, cost and effort etc. All these and many more greatly impeded the effective applications of robots in the homes, manufacturing industries etc.

However, the emergence of MAGNUS brings a lot to play in solution to the Robotic industry and AI. MAGNUS emerged as a game changer to enhance the evolution and technological advancements of the robotic technology.

WHAT IS AN INDUSTRIAL ROBOT?

An industrial robot is a robot system used for manufacturing of all kinds of tasks. Industrial robots are automated, programmable and capable of movement on two or more axes.

WHAT IS MAGNUS?

Magnus has been created to define the universe of Robotics and A.I. automation for organizations. It is also the World's first Dual Token Robotics and A.I. Building on two platforms - Ethereum and NEO, Magnus will be the first truly decentralized network of intelligent A.I. agents, Robots, Sensors, hardware and humans creating a global market for knowledge, skills and processing power.

It is then the sole focus of the Magnus founders to develop the robotic innovation.

SOLUTIONS OF MAGNUS?

To every problem birthed solutions. Magnus however seek to:

Magnus aims at creating robotics that are more affordable and atleast 10times effective than the traditional robotics AI.
Magnus seeks to establish and ecosystem that will be globally accepted and accessible.
Magnus's robotic and AI innovation would bring a facelift in the homes and manufacturing industries as more of its robotics would be unleashed in the market place.
Magnus not only aim to make robotics and AI intelligence cheaper, accepted and accessible, but also aims to accelerate the robotic processes as a whole.

TOKEN INFORMATION

Magnus token name is known as MGS.
Hard Cap 30 000 ETH
Soft Cap 1 000 ETH
Sale period February 5 – Jun 30, 2018
Accepted currencies:
ETH, NEO, GAS
Price ( NEP-5 / MGSN / NEO )
1 NEO = 679 MGSN ( Approx ) / The rate will be reset one day before ICO open to reflect base rate for 1 MGSN = $0.078