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🚀MINDSYNC - Machine Learning Competitions and a marketplace for AI 🚀

🚀MINDSYNC - Machine Learning Competitions and a marketplace for AI 🚀
Wednesday 6 February 2019

It is nice to see that our humanity is developing to produce a new level of goods, new breakthroughs and discoveries in the field of science and technology. As they say life does not stand still, and moving forward and it's great. I am really glad that I was born in this era – in the era of modern technology. I think you will agree with me that it is convenient to use all the benefits of humanity that make our lives even better and more comfortable.
The theme of my today's review is devoted to a fairly new, but already familiar to many artificial intelligence technology. Once we had the opportunity for the first time to get acquainted with the possibilities of artificial intelligence through the film, which of course showed us more negative consequences of the use of intelligent machines. But if you look at the technology more practical, you can find it a lot of applications, where it can realize itself to the full and bring society, business or enterprise unprecedented benefits. For example: to reduce costs, improve the quality and efficiency of customer service, while eliminating errors inherent in human carelessness and increase the income of any business and enterprise several times. About this technology, the dream of many entrepreneurs.

Problems

But not everyone can afford it. Because this industry has not yet gained the necessary infrastructure around itself, which would contribute to a more rapid and not expensive its implementation in a particular area.
After all, the first thing an entrepreneur faces is:
  • with a shortage of qualified AI professionals who understand the specifics of artificial intelligence and are willing to work with him every day. But even if you are lucky enough to find such a rare specialist, the cost of its services is simply cosmic. That naturally not everyone will be able to afford;
  • with the complexity of further implementation of this technology in your business, as the integration and adaptation to AI takes some time and it is not always very easy and simple;
  • with the lack of necessary computing power, which should assume all the resource-intensive processes of scientific data and machine tasks. That ultimately leads to the use of additional cloud services, the cost of which is unreasonably high.
Thus, we see such a clear picture when the technology seems to be in demand and many people have long wanted to work with it, but the above described problems prevent them from doing so. Having considered this situation in more detail, the team of specialists came to the conclusion that the use of additional technology will greatly help the development of AI technology and implement it in various spheres of life. So at the junction of ideas and technology was born a project called – MindSync.

About the project

MindSync is a decentralized platform that aims to solve most of the problems associated with the development of artificial intelligence.
The main objective of the project is the possibility of providing AI technology at a lower cost than it is now. At the same time, provide easy and convenient access to all the necessary experts and specialists in the industry, where within the framework of the platform you will be able not only to communicate and share experiences, but also to learn from them to improve your personal and professional growth.

Decisions

As you have already understood, MindSync will act as a source where experts in computer vision (CV), machine learning (ML), natural language processing (NLP) and other professionals will help to understand the AI solution and its further implementation in your business. Also within MindSync it will be possible to find a lot of ready-made solutions, the use of which will significantly reduce costs or even eliminate them, since these solutions may not be expensive or at all be free. Moreover, the specialists of this area will have a unique opportunity to develop high-quality solutions and promote them through the MindSync platform, receiving in return a constant source of income and assistance to other participants.
The problem with the lack of computing power, the developers of MindSync intend to solve with the help of cryptographic mountain farms. This approach will not only reduce costs by three times, but also provide participants with a powerful computing environment and maximum quality of their services.

Why is the blockchain?

This question will be quite simple and short answer. First, the blockchain is able to provide the entire platform and participants with the integrity and security of all data. Second, the constancy of hashes, and computing all the data, allows you to check all the solutions on their authenticity and preservation. And, thirdly, the blockchain environment itself can significantly reduce all existing costs in the traditional form of this industry.

The details of the ICO

Token which introduces to us the project is called MindSync, abbreviated (MAI). This token is developed on the basis of the Ethereum blockchain (ERC-20) and is a token utility, the number of which will be limited to 1 billion units. Cost 1 MAI = $0.14.
The distribution of tokens and funds is as follows:

Conclusion

Why should you pay attention to this project? Probably because the industry of artificial intelligence in the world is gaining unprecedented popularity. Every year a huge amount of money is spent on its development. According to the study conducted in 2018, the cost of AI amounted to somewhere 24 billion US dollars, by 2022 this figure will reach 77 billion. Income from artificial intelligence also grows by leaps and bounds.
Therefore, I dare to assume that the project MindSync has every chance to break into the AI technology market and offer society a quality solution to all existing problems. This means that it will quickly gain popularity and take its leading position among specialists.
So my friend, I recommend you not to miss such a promising project and take an active part in its development, but first get acquainted with all the official information of the project in more detail. And for this I, as always, prepared all the necessary links that you will find below.

Official resources of the MINDSYNC project:



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