AI Crypto ICO

How does the project create value to the ecosystem and differs from competing projects? Since the AI business is the hot topic of the fourth industrial revolution nowadays, we are looking forward to various attempts in developing and utilizing AI applications through blockchain technology, starting from the AI Crypto Ecosystem. The AI Crypto team is open to all kinds of technology if they fulfill the idea of ‘righteous usage of impartial resources’ and are willing to include them in the AI Ecosystem where other members agree. This is more than just adding the contents to the ecosystem; it’s more of changing the platform through consensus. Even if the AI Crypto Ecosystem grows larger in scale, this does not mean the birth of a large centralized organization, but the expansion of the decentralized society, resulting in more members agreeing to the righteous usage of these resources.

AI Crypto
ICO Status: Finished
30.09.18
Concept:

AI Crypto is developing an AI ecosystem based on blockchain. Our primary goal is to make AI researches easier and cheaper to conduct. We expect AI researchers and data providers to be more connected on a global basis with our platform, resulting in a huge AI revolution.



Whitepaper:
Get more information
Venture

Raised Capital:
$1,412,340


Venture Round:
Round 1 Venture Round

Price:
1ETH = 100,000 AIC
ICO token Distribution:

• Total supply of token, for crowdsale, team etc. - Target (Hardcap) : 10,000,000,000 - Fundraiser (via ICO/Crowdfunding) : 50% - Early Investors, Team: 25% - Company Reserved :10 % - Advisors, Partners: 10% - Operating/ Marketing: 5%
Mining

AI Crypto ICO
Supply:

The numbers of additional coins issued will follow the Sigmoid Function, limited with the total
cap of the insurance, and it can be adjusted according to the vitalization of the AI Crypto
Ecosystem. Also, its scale can be modified with the consensus of the members. The additional
issue scale of AIC coins will follow the following logistic form, where x determines the total issued and circulated coins in AI Crypto Ecosystem.
Usage:

1. The participants of the AI Crypto Ecosystem will take part in the system, providing the main factors of AI such as hardware, data, and models in the stratum; defined as AI Crypto Vessels. The participants who have the resources can receive the coins by giving it to the ecosystem. In contrast, those that want to use the hardware can pay the coins as a fee.

2. The individuals taking part in the AI Crypto Ecosystem provide some portions of the computational capacity in their own GPU to the public network, to supply resources needed for AI calculations, and get rewarded with AIC coins in return.

3. In the AI Crypto Ecosystem, users can use some or the whole parts of the shared dataset for free or by paying a fee. The fee is delivered to data providers as a reward and some are used as commission for running AI Crypto Skeleton. Before the data is created, the criteria from the initial requester need to be met. Then, that data should be available for other users either for free or with a charge. If the created data is used frequently in the AI Crypto Ecosystem, it boosts the consumption value of the AI Crypto Ecosystem. And by the principle of PoV, it is evaluated highly by Contribution Rating System in AI Crypto Skeleton, and the provider will be rewarded with coins owned by AI Crypto Skeleton. Contribution Rating System will penalize any users in the AI Crypto Ecosystem that provides or requests meaningless data just to obtain coins. This is because the developers will not generate any profit if the data is not used.
Competitors

ICO-Competitors
SingularityNet aims to play the role of the AI Crypto as a whole but has limitations on the dataset ecosystem parts, therefore, partnered up with the Ocean Protocol that focuses on data blockchain. In contrast, we, AI Crypto, have three elements of AI to build a complete AI Ecosystem. In our AI Crypto Ecosystem we have GPU, Model as well as Data. We are planning to execute on these plans in the future which is very exciting.
Initial Coin Offering

Initial Coin Offering AI Crypto
Pre-ICO Launch:
9th of May 2018

Pre-ICO Finish:
23th of May 2018

ICO Launch:
1st of Septembr 2018

ICO Finish:
30th of September 2018

ICO Tradable on Exchanges since:
still not tradable

Platform: Ethereum (ERC20 Token)
Offices/Locations

Offices and Locations of the AI Crypto
Singapore

Team behind AI Crypto


  Jaeho Seol

 

Jaeho Seol

Co-CEO

J Seol, AI Crypto Co-CEO and Chief Scientist, who is an excellent scientist with a demonstrated history of working in the information technology and services industry, believes in the power and the potentiality of AI Ecosystem, changing our life led by AI technology and blockchain. I am an expert in Cognitive Sciences, Artificial Intelligence, System Architecture, Statistical Data Analysis and Data Science and current lead the AI Crypto Team as a system architect.

  Sungjae Lee

 

Sungjae Lee

Co-CEO

SJ Lee, AI Crypto CEO, who graduated from Hongik University and acted as the Innocean and SK Communications., Digital Marketing Director, strongly believes in the potential of AI and blockchain, “AI Crypto aims to revolutionize both the blockchain and AI space. I envision a future where all AI calculations run within the AI Crypto platform

  Doguk Kim

 

Doguk Kim

Deep Learning Researcher

I have research experiences about deep learning based image analysis and image forensics. Now, I research about NLP and dialog analysis based on deep learning.


  Gyeongsu Chae

 

Gyeongsu Chae

Data Scientist

He is a Data Scientist / Deep Learning Researcher at AI Crypto. He believes AI and blockchains are the two most important technologies for changing our future. AI Crypto’s purpose is to connect the two and he is proud to be a part of it.

  Ryan Jin

 

Ryan Jin

UI/UX Consultant

UI/UX Evaluation & consulting Deep Learning application

  Ji Hyun(Jigel) Park

 

Ji Hyun(Jigel) Park

Marketing PM

She has been working in A.I. industry and this AI Crypto project has given her a full belief that A.I. industry will face huge change, faster and easier even for non-A.I. experts. She believes that the project has high potential to grow and lead the A.I. industry, and bring about a whole new A.I. era


Background-AI Crypto

Visit aicrypto.ai for more info.

 

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