The Singapore based company is creating a non-revenue community composed token incentivized human expertise who validate Artificial intelligence generated Metadata.
Metadata is the Achilles heel of video content. These shorthand descriptions can be working for more detailed classification, searching or other organizing, but when the sale is needed, device generated metadata has perfection issues.
On the other side, the large volume of video content on the web makes man validation prohibitively more video search misses of many of what is visually there.
To solve this problem, AIVON has now introduced a Block-based open protocol that joins AI with man crowd sourcing to support the making and validation of written data and metadata for what it describes as the initial decentralized video search engine, as-well-as transcription, translation, and brand security apps.
The founder and CEO of AIVON Rex Wong stated, springs out of his present business, I Video Smart, which provides white label video content and advertisement tech platforms for applications like VLC Player, telecos like Hutchison and media firms like Taiwan TV.
Via these clients, Wong says, IVS has a worldwide, addressable consumer base of about 500 Million. Presently, about 300 of those clients are validating the metadata and other textual descriptions generated by AI for transcribing translating and assuring the brand security of videos.
Those present man workers are being paid for their hard work, but they cannot scale for their huge apps, such as video search engine that'd need to produce perfect metadata for millions of video content. To accomplish that, AIVON is introducing that it's creating a block-based system with tokens that can be applied to incentivize consumers.
The AVO tokens, created via the ETH block chain protocol and available now, can be redeemed on public token exchanges or applied to pay money for content or other services or products offered in the IVS platform or by AIVON community penal. They can also be received and used by content advertisers, providers, AI givers and all others in the system.
Governed by a non-revenue
When the AVO tokens are included, a video search engine motorized by the quality of the content's metadata will also be launched. Artificial Intelligence will take a primary stab at textually describing the content of the video, and then persons will modify or validate AI’s work.
AVO Token incentivized persons will also authenticate the existing brand security, translation and transcription apps at a better scale than presently. These text-based descriptors are intended to give much more clear detail — and thus more worth for such things as actual-time product placement insertions — than predictable Meta tags.
This public Community Video Search Engine will be governed by a non-revenue foundation managed by voting members of the AIVON community. Marketing apps using this protocol will be for-revenue.
Other companies - organizations will be are to use the open source protocol and community of incentivized person validates to build their own SE or other decentralized applications, such as content rights organization.
Given the speedy evolution of AI, they admit that it might get well above the 90% mark for meta-tagging accurateness at a number of a spot in the near future. When that occurs, humans would not be required any longer for adding or correcting to the text, but they'll still be required — indefinitely — to confirm AI’s correctness.
Token details
• Type: Utility token
• Ticker: AVO
• Accepted currencies: ETH and USD
• ICO token supply: 350,000,000
• Hard cap: 18,000,000 USD
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