The internet has experienced many transformations, right from being a hub for sourcing historical information to being an information-based efficient internet of value by the invention of blockchain technology. Blockchain technology is based on a distributed system involving computer networks, cryptography, data structure amid other technological research. The advent of blockchain technology such as ethereum has led to the creation of many Dapps (decentralized application ) based on the peer-peer nature and smart contract features. Dapps are more or less software built on a smart contract that allows developers and users to interact. Dapps are most times open source, decentralized, incentivized and built on a peer to peer network.
Research on Artificial intelligence (AI) has recorded many breakthroughs in recent times. AI are already being used for imitating human intuitions, operating self-driven cars, voice matching, forensic and other clinical operations related to the medical field. This breakthrough has attracted more interest and research into artificial intelligence but large computational power and maximal hardware performance are required. This has led to the upgrade from CPU computing to GPU computing but nevertheless, large-scale application deployment will require more computing power.
Introducing Nebula AI
Nebula AI is a decentralized artificial intelligence computing blockchain (NBAI) that reduces the energy cost of traditional proof of work by converting GPU mining machines into AI computing services. Nebula AI not just solve the issue of computing power but also helps make the development of Dapps more convenient by integrating blockchain ledgers and decentralized features in the transformation of dapp into DAI app by the application of artificial intelligence services. It is believed that Dai apps will act as the backbone of the value based internet in the nearest future, with blockchain technology serving as infrastructure and artificial intelligence gaining more and more utilization, there will undoubtedly be positive changes to the internet, society and natural environment in the nearest future.
The Nebula AI project was founded by Charles Cao and the team of developers consists of competent personnel with diverse expertise and experience in the IT industry.
Objectives Of Nebula AI
- Nebula AI intends to improve the sharing of AI computing power by utilizing the blockchain ledger technology which will enable shared AI computing to be paid for conveniently.
- Nebula AI aims to speed up the creation of decentralized AI applications by creating an interface to allow, DAI app developers invoke and use the platforms computing power.
- The Nebula AI foundation will create AI training centers to provide practical knowledge in the field of Artificial intelligence.
- Nebula AI aims to fill the talent gap in the artificial intelligence industry and help establish the power of AI in businesses.
Key Features of Nebula AI
- NBAI foundation: The foundation intends to support the education, development, operation of blockchain, artificial intelligence, and dapp technology by opening training centers and partnering with educational institutes, research labs and technological institutions so as to help tackle problems and encourage mass adoption of blockchain and AI technology.
- NBAI systems: NBAI system intends to change the way of blockchain mining. Instead of using proof of work (POW) consensus, the NBAI tokens will initially run on POW but later be switched to Proof of group(POG). The reason for the switch from POW consensus is because of the difficulty in acquiring hash power, waste of resources and inevitable environmental destruction associated with mining on POW consensus.
- DAI app: Nebula AI allows DAI app users to write standard complaint smart contracts according to their need. Users can also the lend or rent computing power to carry out calculation tasks.
- NBAI tokens: The initial NBAI tokens will be deployed as erc-20 tokens and will be replaced by NBAI main Chain tokens in a 1:1 ratio in the future. The token will be used for the purchase of computing power, carrying out developers test, paying for DAI apps , services and purchase of DAI training services. Miners will get token reward through mining and AI mining machines will be the main source of mining returns. The initial release is 6.7 billion tokens.
NBAI Token Allocation and Public Sales Details
NBAI team has put up 45% of the total NBAI tokens for private placement and public offering. 25% of the NBAI tokens will be kept for the foundation & community,15% of the tokens will be held by the core team,10% Held by the early-stage investors while marketing & Partner supporters will hold 5% of the total NBAI tokens.
ICO Token Price: 1 NBAI = 0.0051 USD (0.00001 ETH) and the fundraising Goal is 15,400,000 USD.The token sale is scheduled to end on April 20th,2018.
Conclusion
Nebula AI is distinctive from most project and the fact that it's in a market estimated to be worth 270 billion makes investing in it more lucrative.Nebula AI only competitors are google and amazon but with the cheaper cost of computing power, increased profitability and ease Nebula AI provides, it is certain Nebula AI will gain audience from developers and overtake its competitors.
check out the following links for more information on Nebula AI project and the team
https://nebula-ai.network/
Whitepaper: https://www.nebula-ai.com/whitepaper/NBAI_whitepaper_EN.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2928531.0
Telegram: https://t.me/NebulaAICommunity
Twitter: https://twitter.com/nebula_ai
Github: https://github.com/nebulaai
Authors Details:
BTT username : Mrsparks
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1197564;sa=summary