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DeepCloud AI is an AI-driven and blockchain-based cloud computing platform that runs decentralized applications such as IoT and Web 3.0 dApps and aims at reducing the domination by AWS, Google, and Azure in the cloud computing market.
Additionally, DeepCloud AI will provide its users with access to a marketplace for computing and storage resources where both individuals and companies can share their unused computing capacity through DeepCloud’s decentralized cloud.
The DeepCloud AI platform will have a wide range of use cases such as tracking of transactions by enterprises and shipping companies, caching of media streams by TV service providers and running and deploying of IoT and AI applications for smart cities.
How Does The DeepCloud AI platform work?
DeepCloud AI utilizes a business model composed of Network Resource Providers, network users or application developers, and the developer community. Network Resource Providers provide compute and storage resources for dApps and Decentralized Application Developers who consume the resources provided by the Network Resource Providers.
The platform implements an AI Matching algorithm that is based on the location of usage, user requests, and network contributors’ states in master nodes. All the network contributors or nodes have a state in the network and AI controllers have the task of assigning and matching requests from the network users to the nodes. The controller also saves the results and ensures that all the requests are matched.
Accepted Token
DEEP Token is the accepted payment method on the DeepCloud AI and all the transactions on the platform will be processed by smart contracts. Network Resource Providers and Application Marketplace Providers will receive the DEEP tokens for providing storage and computing resources on the DeepCloud AI platform.
Decentralized Application Developers will require DEEP tokens in order to a consumer the resources provided by Network Resource Providers.
Apart from being a payment method, the DEEP tokens will provide users with access to the DeepCloud AI’s network system and enable High-End Users to access premium features. Users can purchase the DEEP tokens during DeepCloud AI’s ICO, cryptocurrency exchanges, or earning them from being a resource provider on the platform.
Advantages Of DeepCloud
Secure
To ensure the security of enterprise customers, DeepCloud AI will create a secure layer around Intel’s SGX technology, which will be combined with real-time monitoring of the platform to prevent fraud from occurring on the platform.
Blockchain-based
By utilizing blockchain technology on the DeepCloud AI, users have the access to numerous benefits such as transparency, decentralization, increase in the number of transactions that can be processed at a given time, and reduced transaction costs.
Optimization
The DeepCloud matchmaking algorithm takes into account several parameters including the location of usage and information gathered from user requests on the network. The algorithm then uses the parameters to allocate resources in order to ensure that requested are computed in an optimized manner.
Access To An Integrated Marketplace
DeepCloud AI provides its users with access to the integrated marketplace that is connected to decentralized resources on DeepCloud to have optimal performance.
Parameters Of The ICO
- Token: DEEP
- Token protocol: ERC20
- Total token supply: 200,000,000 DEEP
- Percentage of token available during ICO: 40%
- Token price: 1 DEEP = 0.25 USD
- Accepted currencies: ETH
- Hard Cap: $15 million
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