(IJCH) Identifying why the Iagon Project is an ideal Unicorn Investment (or Explaining its importance in plain language!)
(IJCH) Identifying why the Iagon Project is an ideal Unicorn Investment (or Explaining its importance in plain language!)
IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinions and Musings)
From the Author:
Salutations.
I am JaiChai.
And if I haven't had the pleasure of meeting you before, I'm delighted to make your acquaintance now.
I invite you to interact with everyone, learn, and have as much fun as possible!
For my returning online friends, "It's always great to see you again!"
What is a Unicorn Investment?
"The term, unicorn, has different meanings in the business world: In the venture capital industry, a unicorn refers to any tech startup company that reaches a $1 billion dollar market value as determined by private or public investment. The term was originally coined by Aileen Lee, founder of Cowboy Ventures."
Breaking My Finger while trying to Poke Holes!
I'm no stranger at vetting new projects...
Call me a cynic - because I am.
When I was in the military, my closest friends used to call me "The Cynical Doc Yoda".
[They] knew that I never sugar coated anything and always presented the facts as best and as fast as I could.
After my military career, I did a stint in the corporate world.
Serving as an analyst for new projects, people were sent to me to present and defend their proposals.
All but a very few proposals survived my scrutiny.
Most were methodically dissected and then obliterated by an endless supply of personalized, hand-held logic bombs.
Many times, the originators of those failed proposals left my office in tears.
In short order, I quickly gained the moniker as the corporate assasin, a twisted "Grim Reaper" that riddled new proposals with bullet holes and humiliated new execs faster than Jeb Bush can fry up puppies for breakfast!
(Above is from: https://steemit.com/technology/@jaichai/ijch-rlp-and-clip-is-gonna-be-yuge-or-how-skeptical-me-got-blown-away-by-these-technologies)
But to be honest, when I was putting the Iagon Project through the classical SWOT analysis, my normal skepticism quickly faded away.
In other words, while trying to poke holes in the Iagon Project, I figuratively "Broke My Finger"!
The following article will brush away the extraneous "crypto/business" space clutter.
It will reveal why the Iagon Project (spelled "iagon") is a unique game changer in the cloud storage and shared computing space and will have a tremendous impact on multiple public and private industries.
Simply put, iagon will effectively change the whole global computing landscape as we know it - and in ways yet imagined!
David and the Goliath Brothers
The necessity for cloud storage and shared computing is taken for granted these days.
I mean, it's the raison de'etre of a monolithic oligarchy comprised of the "Big Four" in the space: AWS, Google Cloud, Microsoft and IBM.
Although these Giant Corporations dominate and block new entrants into the space with their vast resources and deep pockets, they have some major flaws, such as high consumer and maintenance costs, centralization, low security, inefficient filing of raw data, and more.
Iagon aims to solve all of these problems with its implementation of blockchain and artificial intelligence.
The Iagon Project - Blockchain and AI
Iagon is not just another cloud storage or shared computing platform.
Unlike the others, iagon is a fully, non-permissioned network; meaning, anyone can participate as a miner on the network.
In fact, with iagon's categorization of miners and Proof of Variance (PoV), ANYONE can be a miner and is paid (iagon tokens) commensurate to their network storage and computing contributions.
No need to have complex and expensive server setups to profit at mining.
And any unused storage and idle computing time - on any device - can be utilized towards earning token rewards.
"Say good bye to the legacy barriers for entry!"
(Damn. I can foresee devoting one of my Raspberry Pi 3+ clusters and a terabyte of storage for this!)
Now, about iagon's AI...
Iagon has created an innovative artificial intelligence named "the Alexandria Protocol" (in reference to the Library of Alexandria).
See: "(IJCH) With Blockchain Technology, we can now prevent another LoAE (Library of Alexandria Event) or PCTA (Post Cataclysm Tabula Rasa); But is That Enough?" URL - https://steemit.com/philosophy/@jaichai/ijch-with-blockchain-technology-we-can-now-prevent-another-loae-library-of-alexandria-event-or-pcta-post-cataclysm-tabula-rasa.
Alexandria is a highly evolved AI that brings a new level of efficiency to the table.
Alexandria will automatically institute sharding for 100% file redundancy, 24/7 file availability, organize file categories for optimum search times, assign storage and computing to appropriate resources, calculate rewards based on storage and computer power contributions, etc. -
While continually learning how to optimize the Iagon Ecosystem and itself (aka Global supercomputing)!
End result?
Cloud storage and shared computing that is 80% less the current costs!
(I just couldn't help to mention just a little geeky stuff. Please bear with me. I promise that it will be painless.)
The Iagon Project:
Decentralized platform
Blockchain level security (driven by past, successful technical/business experience with electronic medical/dental records)
Formidable/reliable smart contract platform
Employs ERC223 (vice ERC20) tokens that are easily exchangeable for fiat
Is Blockchain Agnostic
Provides customer options for Ethereum or TANGLE - See: "(IJCH) "Blockchain, IT IS NOT!" (or Four Reasons Why DAGs will supplant Blockchains") URL - https://steemit.com/blockchain/@jaichai/ijch-blockchain-it-is-not-or-four-reasons-why-dags-will-supplant-blockchains
Already has a solid MVP (prototype)
Impressive tokenization metrics (70% out in ICO, then burn for token holders)
A butt-load of prominent, existing partners
Extremely User Friendly
There.
All done.
That wasn't too painful, was it?
High Calibre Players
Iagon's three founders are all highly intelligent people with Ph.Ds and business savvy. They represent decades of tech, business and blockchain experience.
(In other words, this is NOT their first rodeos and have successfully ridden the start-up to viable enterprise beast many times over.)
Additionally, a growing core of developers and advisers is constantly increasing iagon's technical and business depth.
Conclusion
Iagon's innovative paradigm, complete transparency and enviable team of professionals is the dream Unicorn Investment.
If you wish to get more information on iagon's technical details, how to invest in its ICO, social media, community, and more, visit their website at:
This is an entry for @originalworks "680 STEEM ~ Sponsored Writing Contest: IAGON"
If you wish to submit your own entry, click:
https://steemit.com/crypto/@originalworks/680-steem-sponsored-writing-contest-iagon
By JaiChai
Mighty Kind of You for stopping by.
Truly hope to see you again!
About the Author
Believing that school was too boring, he dropped out of High School early; only to earn an AA, BS and MBA in less than 4 years much later in life – while working full-time as a Navy/Marine Corps Medic.
In spite of a fear of heights and deep water, he performed high altitude, free-fall parachute jumps and hazardous diving ops in deep, open ocean water.
After 24 years of active duty, he retired in Asia.
Since then, he's been a full-time, single papa and actively pursuing his varied passions (Writing, Disruptive Technology, Computer Science and Cryptocurrency - plus more hobbies too boring or bizarre for most folk).
He lives on an island paradise with his teenage daughter, longtime girlfriend and three dogs.
Amazing article. Respectifully following.
Thank you for visiting, commenting and of course, for your very kind words.
Namaste, JaiChai
Good morning @jaichai
I love reading about AI and I've been researching about any related topics for quite sometime already.
I've found your post both fascinating and very informative.
Great piece of work.
Just one question: should I consider IAGON mostly as a project which amin to provide cloud storage and processing power? To reduce operating costs of running any AI?
Or do they also want to create marketplace for AI businesses?
Yours,
Piotr
Iagon is like the present day cloud storage and shared computing space, BUT decentralized and run by their self-learning AI called "Alexandria".
In other words, it aims at becoming A GLOBAL SUPERCOMPUTER that offers cloud storage and shared computing at 80% less cost than current prices for such services.
Thank you for visiting, my friend.
Namaste, Jaichai
P.S.
I replied to your email.
This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
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