Nebula AI ICO Review: The Third Generation Blockchain

in #blockchain6 years ago

Blockchain technology has definitely transformed everything. It revolutionizes the way technology works, functions, and operates by taking it a few steps higher. It inspires other subjects to move forward and change; and one of which is in AI industry. So, what is the relation of AI and Nebula as a platform, really?

AI Stage’s Development

When we are talking about AI, most of us would relate it to robots or androids – we watch too many movies, apparently. AI is more about learning algorithm, where a system is able to adjust its system to various conditions, situations, and problems. AI achievement happens when a system is presented with a problem and it is able to solve it on its own. Such a seemingly simple achievement is able to take computing system to a higher level – not necessarily related to robots or any sophisticated robotic actions.

You can say that the development stage is the most critical, and yet there are problems that obstruct it. Electricity is expensive because it takes a lot of energy. Not to mention that there is a problem with the data center, maintenance, learning algorithm, learning center, and such thing alike. Resources are the major problem and developers are struggling to overcome them all. Nebula is trying to solve some of the problems, especially the ones related to the development stage. Instead of burdening one party with the entire cost and the matter of resources, why not sharing it? By sharing, effective solution can be achieved and everyone can enjoy the benefits.

Nebula and Its Mechanism

Basically, involved parties sharing the resources can use the smart contract to seal the deal. It ensures everyone’s obligation and rights in details, preventing scams, frauds, and unfair treatments. Since Nebula is using the blockchain technology, no need to worry about security. Everything will be recorded, including the smart contract. Anyone trying to outsmart the system will only meet dead end because they need to override the whole system.

Token Planning

Initially, the platform plans on producing a total of 6.7 billion tokens but production will be divided into several stages. Within 6 years, a certain number of token production will be implemented. The numbers of token usage are based on the numbers of computation. It only makes sense if the needs for the token increase as the computing activity increase too. It is expected that token demand will naturally increase when the accuracy is going higher. Moreover, when users are getting more active in making agreements within the platform, the value of the token will increase – or at least stable.

The private token sale took place from January to March 2018, and the public sale will start within a month after the private sale ends. The offered price is that 1 ETH is equal to 100,000 NBAI. Do you see the promising prospect of this platform? Do you believe that it will gain a positive reputation in the future? Then you should take part in its ICO investment, which is possible when you buy the tokens and join Nebula.

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