• Artificial Intelligence
  • Infrastructure
  • Internet
  • Software

KAASY.AI 3.25/5 (1) - Artificial Intelligence Algorithms on Blockchain

The moment Ethereum switches from PoW to PoS, there is a real chance the market will react similarly to the reaction at the end of the DotCom boom. Many mining businesses will be hit hard, and the end result will be a lot of GPU cards on sale. We are proposing to unite all this freed processing power under the Kaasy network, offering a Decentralized Infrastructure As A Service solution for many use cases. The Kaasy network will not simply run the GPUs to continuously execute hashing functions, but offer a set of SDKs with which developers can expand their applications to optimize processing times via parallelization and computing load balancing. The blockchain keeping the Kaasy ledger will...

Token sale ended

3.3
Hype3.0
Security4.0
Team3.0
Vision3.0
  • Token: KAAS
  • Price: 1 ETH = 1954 KAAS
  • PreICO start: 1 Jul 2018
  • PreICO end: 30 Sep 2018
  • ICO start: 1 Sep 2018
  • ICO end: 15 Nov 2018
  • Country: United Kingdom
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The moment Ethereum switches from PoW to PoS, there is a real chance the market will react similarly to the reaction at the end of the DotCom boom. Many mining businesses will be hit hard, and the end result will be a lot of GPU cards on sale. We are proposing to unite all this freed processing power under the Kaasy network, offering a Decentralized Infrastructure As A Service solution for many use cases. The Kaasy network will not simply run the GPUs to continuously execute hashing functions, but offer a set of SDKs with which developers can expand their applications to optimize processing times via parallelization and computing load balancing. The blockchain keeping the Kaasy ledger will store both payments for rented processing time and algorithms optimized to run distributed calculations. The algorithms are organized as a distributed marketplace, where anyone can add a new algorithm and earn rewards when someone else makes use of it – the rewards are stored in the same blockchain. The goal of the kaasy.ai team is to develop a knowledge blockchain, where existing and new algorithms can be used to power machine learning, thus producing AI skills usable by the entire community, from their terminal of choice. The open-source blockchain code can be forked to create private knowledge blockchains, for tasks which may involve privacy concerns and other data restrictions. Use cases for the skills we envision include video processing, machine learning, molecular simulation, AI conversation partners, employee-as-a-service solutions, augmented and virtual reality solutions and real-time robotic fleet management. Skill rewards for complex skills are issued as a tree, where each complex skill payment is split between itself and the integrated simpler skills.

Philosophy behind the idea

Every evolutionary jump of humanity was achieved on the back of a disposable workhorse, be it biological (like actual horses), or manufactured (like steam, internal combustion or electric engines). If we look at the beginning of the XXth century, we can remember the tragic fate of the horse population at the end of the XIXth century. For the next evolutionary step in human societal development, everyone is looking towards AI. While the consensus is that Artificial General Intelligence (AGI) is not a technical possibility in the very short term, we still have to look at the future and anticipate both opportunities and threats. In terms of goals, our end goal is to provide the entire human species with a communitydeveloped AGI based on open-source, publicly inspectable code. The short and medium-term goals consist of uniting a large community of AI specialists into an ecosystem of projects that gives them each a voice to express the directions they want AI development to continue. Given that in most technology endeavors, we can notice a winner-takes-all, power-law-distribution, it appears humanity has only one chance to get AGI right.

Vision

We don’t just want to build a new blockchain for a privately-owned AI, we are driving forward the community into new AI development endeavors, new opportunities, new public and private businesses, and a much better chance at a great future where humans and AIs collaborate and thrive together. We intend to develop an ecosystem of open-source and commercial applications which will create thousands of high-salary jobs in the next 5 to 10 years in companies all around the world. These companies will capitalize on the opportunity AI is today, creating better products, faster and potentially cheaper. We desire to construct the early building blocks for the Earth AGI. This may well be in the three most important developments of the early third millennium, alongside bioengineering and becoming a multi-planetary species.

Team

Sabin Simionescu

CEO / Cofounder

Marius Morra

CSO / COFOUNDER

Anton Deliamure

COFOUNDER AND DEVELOPER

Emy Plescan

AI RESEARCHER/COFOUNDER

Robert Badita

DEVELOPER

Catalin Clipea

MINING CONSULTANT

Daniela Schiopu

DATA PROCESSING SPECIALIST

Diana Tudor

IT INFRASTRUCTURE ANALYST

Paul Achim

MARKETING MANAGER

Alexandru Vlaicu

QA SOFTWARE ENGINEER

Sorin Nistor

RESEARCHER (COMPUTER SCIENCE)

Marius Gulie

DEVELOPER

Advisors

Milestones

  • May 2018
    Website goes live
  • June 2018
    Registration open
  • September 2018
    1st 2 weeks, very-early adopters. 2nd 2 weeks, early adopters. Weeks 5 and 6.
  • October 2018
    End of bonuses
  • November 2018
    ICO end at 23:59 if hard-cap was no reached earlier
  • December 2018
    Tokens are enabled for trading
  • Q1 2019
    Proprietary Operating System for mining and co-processing

Token

  • Platform: Ethereum
  • Price: 1 ETH = 1954 KAAS
  • Accepting: ETH
  • Token distribution: 60% - Sale 15% - Team 7.5% - Marketing 5% - Skill rewards 5% - University Grants 4.5% - Hackathons asnd Bug bounties 3% - Legal fees and Backup
  • Hard cap: 30,000.000 EUR

Proof Points
4/5

Legal entity

Registered Address: 40 Bloomsbury Way, Lower Ground Floor, London ,United Kingdom

https://opencorporates.com/companies/gb/11521291

Prehistory of project

LDV BANK

Product or its MVP

No MVP were found at the moment

Blockchain experience

Advisor Alexandru Radulescu – Advisor at Bettium , Betexlab

CEO at Crypto Orders

Escrow

No Escrow information were found

Comments

Update 11/10/18

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