MINDSYNC AI PLATFORM

chudidonas (42)in #eth • 6 years ago (edited)

The AI (Artificial Intelligence) market has been growing from heights to greater heights and it's targeting even more greater height and feats soon. AI technology is now being used in every of our day to day aspects. For example, in electronic gadgets, financial institution and Health care systems the AI is already playing a crucial part to help ease up work. In 2018, the spending made on AI based systems reached $19.1 Billion which was a 54.2% increase of 2017 and by 2021, the figure is set to rise to $52 bilion.

PROBLEMS IN THE AI INDUSTRY

Like every Industry especially in their growth stage, most of them tend to encounter problems or difficulties when they are trying to expand. AI market is not left out. Below are some of the problems in the AI industry;
High Cost of computing power required as tasks can only be solved efficiently when there's more than enough High end CPU/GPU at disposal. Cloud based solutions like Google and IBM can be used to solve AI tasks but it comes at an unreasonably high price
Integration & Adaptation is another problem that shouldn't be overlooked as questions are being raised over this
Lack of AI experts to solve problems has put the demand for AI experts on the rise. Machine Learning experts are scarce, so this makes their services expensive unlike other sectors where the availability of experts leads to competitive healthy pricing
Security: The AI industry is still believed to lack integrity and version control.

MINDSYNC AS THE SOLUTION

In order to promote and establish the AI Industry further and secure it's full integration, Mindsync an AI oriented blockchain based platform has established a community of Artificial Intelligence experts. This community is where AI customers can bring their tasks and problems to be solved by the experts. The goal of the platform is to help share experience and improve competence. The Mindsync platform which is an AlaaS and ExaaS platform will be a marketplace for everything AI oriented.
The platform will introduce a large marketplace and AI completions to provide solutions and also training datasets. These steps taken by Mindsync is believed to help make AI based solutions more cheaper and available to a wider range of customers. Mindsync a means by which professionals and community members are rewarded for participating and completing tasks. The blockchain keeps hashes of the AI solutions rendered and also other metadata on the Mindsync platform. Experts and community members who complete tasks are rewarded with the Mindsync token.

Mindsync MAI Token ICO Details

Parameters Of The ICO

Token: MindSync Coin (MAI)
Token protocol: ERC20
Total token supply: 1,000,000,000
Token supply during ICO: 500,000,000
Token price: $0.14
ICO date: March 01, 2019
Accepted currencies: ETH, USD, BTC, LTC and 120+ altcoins
Soft Cap: 30,000,000 MAI
Hard Cap: 500,000,000 MAI

TEAM

The team at Mindsync is made up of experts from the Cryptocurrency Industry, Artificial Intelligence and also IT geeks. Below is a full list of team members and the role they play;