OVERVIEW
What is DeepCloud AI?
DeepCloud AI is building an AI-driven decentralized cloud computing platform for running decentralized applications, specifically IoT and Web 3.0 dApps. This platform will provide a fully functional marketplace for computing and storage resources for companies and individuals - enabling them to share their excess capacity via our decentralized cloud.
FEATURES & TECHNOLOGY
Proposed Features & USECASES
SMART CITIES
IoT and AI at edge scenarios for smart cities, so that local governments can focus on building the core infrastructure and rely on DeepCloud AI's resources close to edge for running and deploying their applications.
SUPPLY CHAIN
Enterprises and shipping companies with complex supply chain tracking challenges can run and deploy their blockchain based applications on the DeepCloud AI fabric for tracking all the transactions with full audit trail, secure and tamper-proof.
TV SERVICES PROVIDERS
Service providers like TV/Cable companies can rely on DeepCloud AI's decentralized services, such as local caching of media streams during football season or large audience events like the Olympics.
DECENTRALIZED AI ALGORITHM LEARNING
For IoT applications with security and data privacy concerns, by running Decentralized AI Algorithms close to the edge devices themselves, one can generate the compressed insights on DeepCloud AI resources. This provides a mechanism for IoT device consumer's to monetize their own data with all the transactions and encryption of the data and the algorithms via the blockchain.
Technology
DeepCloud AI is based on Proof of Service (PoSe) consensus and will have Masternodes which will work as the brain of the network. DeepCloud AI relies on the Network Resource Providers and Application Marketplace providers for the services that it offers on the cloud. DeepCloud AI’s Core Platform controller manages the resources and has the AI Matching engine for matching the Network Resource Providers and the Application developers.
Network Resource Providers: People who provide resources to the network and earn DEEP tokens. A Network Contributor can share storage, specific computation power based on the node configuration in the network contributor’s dashboard, and configure nodes in the network based on the resources they are sharing.
Network Users: Users relying on the on-demand services for running their decentralized applications in the distributed network. Every Network User in the platform can customize user-services for their applications (like data replication, streaming, encrypting, or computation power, hashing) through their user dashboard. In addition, users can select dApps from the predefined applications from the Application Marketplace.
Application Marketplace Providers: Application Marketplace Providers are the people who provide reusable components for building the decentralized applications and earn DEEP tokens. Application Marketplace Providers are required to stake (lock) up a certain number of DEEP tokens for providing reusable components. The more the number of developers reusing their components, the higher the lock up scale and the DEEP they will earn.
AI controller: Each node (network contributor) has a state in the network. The controller assigns each requests (network users) to the nodes. Some requests may have more complexity to run over the network; controller allocate these requests to run on sidechain, or master nodes.
More details about the technology can be found HERE
COMPARISON WITH COMPETITORS
DeepCloud Ai will be coming into a crowded space with Other Projects trying to do the same thing they aim to do . Projects like FILECOIN, STORJ, ANKR , BLOCKCLOUD to name a few are doing pretty similar things and already have a headstart as they've finished raising money and are now focusing purely on their product developments. Below is a comparison infographic by DeepCloud AI with some of its competitors.
MVP
DeepCloud fabric is the current MVP of DeepCloud AI which actually uses blockchain tech. DeepTransfer along with several other products in the DeepSuite will all utilize DEEP tokens. DeepTransfer was the first release on the decentralized cloud fabric and has been heavily used by media companies in Mexico including TV Azteca. You can check out and use DeepTransfer HERE. DeepTransfer is a Blockchain based file sharing service on the DeepCloud AI ecosystem. More details about DeepTransfer can be found HERE)
DeepCloud AI Huron MVP preview
Video on How to Earn Money by Becoming a Resource Provider in DeepCloud
Video on How to Launch a Website on Deepcloud's Decentralized Cloud
ROADMAP
2018
Q1 2018 – Market Study // Concept formation
Q2 2018 - Public Whitepaper // Company formation
Q3 2018 – Huron Release // Private MVP, ICO, DeepTransfer
Q4 2018 – Tahoe Release // Public MVP - IoT, dApps, DeepTransfer Premium
2019
Q1 2019 – Salton Release // Enterprise MVP, DeepChain Testnet MVP
Q2 2019 – Erie Release // Application Marketplace, DeepProperty
Q3 2019 – Yellowstone Release // Scalable Enterprise
Q4 2019 – Falcon Release // DeepChain Mainnet Developer Community, Ecosystem
2020
Q1 2020 – Wheeler Release // Foundation Formation and DeepChain Developer Tools
Q2 2020– Klamath Release // Global Enterprises
Q3 2020– Beaver Release // DeepChain Analytics
Q4 2020 – Grenada Release // DeepChain Fraud Prevention Engine
IEO TOKEN METRICS / DISTRIBUTION
Ticker: DEEP
IEO Exchange: Bitmax.io
Total Supply: 200,000,000
Token Price: $0.10
% of IEO Tokens sold: 2.5%
IEO Token Amount: 5,000,000
Hardcap: $500,000
Initial Circulating Supply: 1.88%
Country: SINGAPORE
Unsold Tokens: BURNT
Vesting
IEO: 50% unlocked, 16.67% monthly for3 months after TGE
Presale: 20% unlocked, 20% after 30 days then 30% monthly for 2 months
Private Sale: 5,25% every month for 19 months
Team & Advisors: Locked for 2 years post TGE. With 10 months vesting period: Unlocks 10% every month over 10 months.
Full metrics can be found HERE
Token Usecases
There are several usages of DEEP tokens on DeepCloud AI’s platform:
- Access to the DeepCloud AI’s network system
- Utilize premium features for High-End Users
- Payment means by Network Users and Application Developers
- Payment method to Network Resource Providers and Application Marketplace Providers
PARTNERS & INVESTORS
More details about their enterprise partners can be found HERE
TEAM
MAX RYE – CEO of DeepCloud. Former Regional IT Director Hyatt Hotels Corporation.
GEETA CHAUHAN – CTO of DeepCloud. Former CTO, Data Platforms & Messaging at Alcatel-Lucent
MIROSLAV SALA – CPO of DeepCloud. Current Senior Manager Finance & Analytics for Customer Delivery at Ebay.
JOSEPH VARGAS – Principal AI/Cloud Architect at Deepcloud. Former Senior Cloud Architect at Hewlett Packard Enterprise.
MAGED ELJAZZAR – Head of AI/ML Engineering at Deepcloud. Former AI And Blockchain Developer & Architect at Upwork.
MAIN ADVISORS
JAN DE KONING – Strategic Business Advisor to DeepCloud AI. Senior Consultant at DCK Consultancy.
HITTERS XU – Founder of Nebulas
VISHWAS MANRAL – Security Advisor to DeepCloud AI. Founder & CEO at Nano Sec Co.
DR. AHMED SAYED – AI/Cloud Computing & Networking Advisor
DR. HENGKY SUSANTO – Cloud Computing & Network Advisor. Researcher at Huawei's Future Network Theory Lab
FINAL THOUGHTS
Deepcloud Ai has a big and experienced network of team an d advisors which should be sufficient in delivering the products they've laid out in their roadmap.
There will be an IEO conducted in a well known Tier 2 Exchange (Bitmax) which should bring attention and awareness to the project.
They already have partnerships in place. Some of which is currently trying out their MVP - The Deepcloud Fabric.
They have already hit their soft cap which means the project already have enough funds to at least deliver on some of the goals set fourth on the roadmap.
Because of its low hard cap, i expect the amount of people that will like to get into its IEO will be more than enough to give good returns to those that are fortunate enough to get in.
A lot of the non investor tokens are locked for a long time which should help in preventing sell pressure on the token price and prevent dumping,d
-This is one of the few projects that DID NOT screw over presale investors. In fact i'm surprised with the presale vesting.
DeepCloud AI SOCIAL LINKS
Disclaimer
This analysis is based on information that is currently publicly available in the White Paper, Website and Team . The above information is not financial investment advice. Please do your own research before making investment decisions. This information is for educational purposes only. I plan on investing in the IEO.
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